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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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This novel technology would deliver safe, reliable, resilient, and cost-effective electric power in the grid. This technology could reduce electricity/energy bills, pollution from power plants, risks of blackouts, the need for new power plants, and pollution from power plant generation. Leap Photovoltaics Inc.

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