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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

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Their low cost and ability to start the engine at cold temperatures sets them apart in conventional and basic micro-hybrid vehicles, and as auxiliary batteries in all other automotive applications, according to the report. Other battery technologies (nickel-metal hydride, lead-based etc.) Nickel-metal hydride batteries.

Lead Acid 304
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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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Energy storage technologies represent an alternative to traditional grid management using generation assets such as natural gas peakers to balance the grid by adding power to it. The value of the ESG market is now measured by using the value of energy ($/kWh), not power ($/kW). Energy storage on the grid is reaching a turning point.