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
For the long-duration segment of the energy storage market, pumped hydro storage and advanced flow batteries will represent the largest portions of the total revenue opportunity during the next decade. This means that we will need 3x more battery capacity investments to meet 2020 EV demand. 2010 vs 2011 forecasts.
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