Forecast, Installation, Li-ion and Stimulus

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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

Installed revenue by ESG technology, worldwide. 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 $22 billion over the next 10 years. 2010 vs 2011 forecasts. Thus, the ancillary services forecasts are based on a value of power ($/kW).

Energy Storage

Energy Storage Grid 2010 Li-ion

PRTM Analysis Finds Li-ion Battery Overcapacity Estimates Largely Unfounded, with Potential Shortfalls Looming; Total Market Demand in 2020 Will Require 4x Capacity Announced To Date

Green Car Congress

MARCH 22, 2010

PRTM concludes that the large format Li-ion battery market could be under-supplied by nearly 10% by 2016. Additional capacity investments beyond those recently announced by battery manufacturers will be required to avoid a Li-Ion battery shortfall of 30% by 2017. Click to enlarge. Earlier post.). Click to enlarge.

Li-ion

Li-ion 2020 Market Stimulus

EV Driven

Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

PRTM Analysis Finds Li-ion Battery Overcapacity Estimates Largely Unfounded, with Potential Shortfalls Looming; Total Market Demand in 2020 Will Require 4x Capacity Announced To Date

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