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Industry study finds lead-acid to remain most wide-spread automotive energy storage for foreseeable future; new chemistries continue to grow

Green Car Congress

MAY 28, 2014

With regard to overall storage capability and potential for further fuel efficiency improvements, the demand for larger battery systems based on lithium, nickel and sodium will continue to grow through the increased market penetration of vehicles with higher levels of hybridization and electrification. Lead-based batteries.

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Lead Acid Nickel Metal Hydride Energy Storage Lithium Ion 304
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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

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. The firm forecasts that load leveling/peak shifting will represent 31% of the total market, followed by arbitrage (12%) and T&D upgrade deferral (7%).

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Energy Storage Grid 2010 Li-ion 231
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