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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 its new report Energy Storage on the Grid (ESG), Pike Research forecasts that global spending in the ESG market will reach a little over $22 billion over the next 10 years. This is a downward revision from the $35B the firm forecast for ESG spending through 2020 in a report published last August. 2010 vs 2011 forecasts.

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Grant Thornton LLP Warns of Potential Collapse of Automotive Supply Chain

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Meanwhile, adding further downside pressure is that banks in many cases are working to reduce their exposure to the auto industry. Don’t Overreach: With the entire supply chain so vulnerable, automakers should err on the conservative side when forecasting volumes for new or resourced programs. The Role of Banks. Laura Marcero

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