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Pike Forecasts Grid Stationary Energy Storage Market to Reach $35B by 2020; Significant Opportunity for CAES, Li-ion and Flow Batteries

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Demand is being driven by several key trends including the proliferation of renewable energy from variable sources such as wind and solar, the expansion of utility smart grid initiatives, and the introduction of plug-in hybrid and electric vehicles, Pike says. Energy storage on the grid addresses several pressing market needs.

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Study finds GWP of electrolyzed hydrogen to meet ORD’s fuel needs would be 2.5x that of fossil fuels with 2020 grid mix

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The impacts of the various grid scenarios on quantitative life cycle environmental impact, land required, and water use are considered for future market scenarios under the context of the forecast energy requirements for aircraft operations at Chicago O’Hare International Airport.

Grid 290
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IBM Research launches 10y project to support China in transforming national energy systems; “Green Horizon”

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Dubbed “Green Horizon”, the initiative sets out to surpass current global practices in three areas critical to China’s sustainable growth: air quality management; renewable energy forecasting; and energy optimization for industry. Renewable energy forecasting. Energy optimization for industry.

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Successful AI Implementations in Renewable Energy Forecasting

Baua Electric

Through advanced data processing, predictive modeling, and machine learning, AI is transforming the way renewable energy is forecasted and managed. Across the globe, real-world implementations are proving that AI isn’t just theoretical—it’s making renewable energy smarter, more reliable, and more efficient.

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IBM, Honda, and PG&E partner on smarter charging for EVs; utilities to communicate charging instructions directly based on grid conditions

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This smart charging capability will enable energy providers to manage the power used by EVs during peak times by instructing vehicles to delay or adjust charging if required. Additionally, the IBM EV platform can collate historical EV charging data and create a profile that can be used to forecast the location and duration of EV charge loads.

Grid 207
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DOE awarding up to $30M to 13 projects to integrate solar into US grid

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SunShot selected 13 projects under the ENERGISE (Enabling Extreme Real-Time Grid Integration of Solar Energy) funding program to enable grid operators to access up-to-the-minute measurement and forecasting data from distributed energy sources and optimize system performance using sensor, communication and data analytics technologies.

Grid 150
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AMSC Power Electronics Support Nearly 10% of Global Wind-Generated Electricity

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With nations around the world seeking to derive a greater percentage of their energy needs from renewable energy sources, we believe we have only begun to scratch the surface of the renewable energy grid interconnection market’s potential. AMSC founder and Chief Executive Officer Greg Yurek.

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