Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B
Green Car Congress
JULY 18, 2011
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 means that we will need 3x more battery capacity investments to meet 2020 EV demand. Installed revenue by ESG technology, worldwide. Click to enlarge.
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