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Navigant forecasts vehicle-grid integration services revenue to reach nearly $21M by 2024

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In a new report , Navigant Research forecasts that worldwide revenue from vehicle-grid integration (VGI) services will grow from $335,000 annually in 2015 to $20.7 Or they can provide power back to the grid, a bidirectional system known as vehicle-to-grid power transfer, orV2G. million by 2024.

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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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In its new report Energy Storage on the Grid (ESG), Pike Research forecasts that global spending in the ESG market will reach a little over $22 billion over the next 10 years. This is a downward revision from the $35B the firm forecast for ESG spending through 2020 in a report published last August. 2010 vs 2011 forecasts.

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IHS Automotive forecasts global production of plug-in vehicles to rise by 67% this year

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Global electric vehicle production forecast for 2014. Driven by tighter emission standards in Europe, worldwide production of plug-in electric vehicles(PEVs)—including both battery-electric (BEV) and plug-in hybrid (PHEV) models—will increase by 67% this year, according to IHS Automotive, driven by Polk.

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Ricardo, National Grid study explores market potential for grid-balancing services for plug-in vehicles

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The report, Bucks for balancing: can plug-in vehicles of the future extract cash—and carbon—from the power grid? , is based on a research collaboration between a team of engineers from Ricardo and National Grid, the operator of the high voltage electricity transmission system within Great Britain (GB).

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Pike forecasts $1.4B market for EV telematics by 2017

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Nearly nine out of ten plug-in electric vehicles (PEVs) sold this year will include at least a basic telematics package, and that percentage will likely grow to 94% by 2017, according to a new report from Pike Research. billion by 2017, Pike forecasts. Annual revenue from worldwide sales of electric vehicle telematics will total $1.4

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Navigant Research forecasts rapid growth in V2G for ancillary services to 2022; $190.7M in frequency regulation revenue by then

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In a new report, Navigant Research forecasts that global vehicle-to-grid (V2G)-enabled plug-in electric vehicles (PEVs) servicing the ancillary services market will grow at a compound annual growth rate (CAGR) of 64.3% Globally, Navigant Research forecasts that frequency regulation revenue will reach $190.7

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Navigant forecasts MHD vehicle market to nearly double by 2035 with declining share of conventional engines; gases win out over electricity

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The number of medium- and heavy-duty vehicles (MHDVs) in use worldwide will nearly double between 2014 and 2035, according to a new forecast report by Navigant Research. Navigant projects that annual MHDV sales will grow throughout the forecast period at a compound annual growth rate (CAGR) of 2.4%. of the market in 2014 to 11.2%

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