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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

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. Electric grids require balance in order to function properly. Energy storage on the grid is reaching a turning point. Earlier post.).

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Electric Car Manufacturers Inspire New Paradigms -- Seeking Alpha

Tony Karrer Delicious EVdriven

Think is also working closely with the Brussel based Eurelectric , the European union of electricity industry. headquarters and will begin sales in the U.S. The true impact of electric vehicles should consider the make-up of the power grids where these cars will be used. Think has established a U.S. before 2010.