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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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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. Price tag: about $25,000, made from 95% recyclable materials with a top speed of 65 miles per hour and range of 110 miles per charge. Think has established a U.S. before 2010.