Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B
Green Car Congress
JULY 18, 2011
Thus, the ancillary services forecasts are based on a value of power ($/kW). In December 2010, Electric Power Research Institute (EPRI) revised its methodology and cost figures for technologies within specific applications. The cost figures that Pike Research bases its forecast on have also changed.
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