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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. Energy storage on the grid is reaching a turning point. Installed revenue by ESG technology, worldwide. Click to enlarge. Earlier post.).

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CMU study concludes lithium market fluctuations unlikely to impact Li-ion battery prices significantly

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A new study by a team from Carnegie Mellon University’s College of Engineering has found that even large increases in lithium prices are unlikely to increase significantly the cost of batteries or battery packs for end users such as vehicle manufactures or consumers—although some manufacturers may see reduced profit margins.

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