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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

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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GM: Putting 1M Plug-ins on the Road Will Require a Plug-In Ecosystem

Green Car Congress

For the others, it is partnering with organizations like the Electric Power Research Institute (EPRI) to focus on electric power generation, delivery and use, and working with communities, such as San Francisco, to ensure the development of integrated policies that will streamline adoption for consumers. Source: EPRI. Source: EPRI.

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CalCars and PHEVs Frequently Asked Questions

Tony Karrer Delicious EVdriven

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. How about a car-mounted wind-generator?

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