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UC Davis Researchers Suggest the Battery Problem Seen to Be Slowing Electric Drive Commercialization Is Perceptual as Well as Technological

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Distribution of battery requirements for consumer-selected PHEV designs (shaded circles) compared to USABC, MIT and EPRI performance requirements. The present analysis explores both, with a particular emphasis on the latter—challenging untested assumptions regarding consumer valuation of PHEV capabilities. Units USABC MIT EPRI.

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Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

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In December 2010, Electric Power Research Institute (EPRI) revised its methodology and cost figures for technologies within specific applications. Therefore, the deployment projections for ESG were pared back to allow for more modest growth in the market up to 2016 and more significant sales toward the end of the forecast.