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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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CalSEED awards $4.2M to early-stage clean energy innovations

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Their goal is to test an innovative electrolyzer concept for the cheap production of green (CO 2 -free) hydrogen for a decarbonized future. This product could help reduce 30% of energy consumed for heating and cooling while enabling replacement of natural gas furnaces with green electricity. Leap Photovoltaics Inc.

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