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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

Key applications for long-duration energy storage include counterbalancing the intermittency of renewable energy sources such as wind and solar power; leveling the loads and time-shifting periods of peak demand on the grid; and avoiding or delaying the construction of costly transmission and distribution (T&D) assets, among others.

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Energy Storage Grid 2010 Li-ion 231
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CalCars and PHEVs Frequently Asked Questions

Tony Karrer Delicious EVdriven

APRIL 21, 2009

Despite this, a 2003 EPRI study , assuming only $2/gallon gas , zero buying incentives, and a PHEV premium of $3-$5,000 more than standard hybrids, shows that the total lifetime cost of ownership for a PHEV will be lower than that of any other vehicle type -- so the payback will be there. I love the idea of powering my car from solar power.

PHEV 37
PHEV Nickel Metal Hydride Prius EPRI 37
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