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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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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. Electric grids require balance in order to function properly. Technology costs. Click to enlarge.

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SoCal Edison opens 32 MWh battery energy storage project, largest in North America; batteries from LG Chem

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Southern California Edison (SCE) opened the largest battery energy storage project in North America—the Tehachapi Energy Storage Project—to modernize the grid to integrate more clean energy. This installation will allow us to take a serious look at the technological capabilities of energy storage on the electric grid.

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International Battery Large-Format Li-ion Cells Chosen by SC Electric for First Community Energy Storage System

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The intent is to provide the utility and its customers benefits, including load leveling, back-up power, support for plug-in electric car deployment as well as grid regulation and improved distribution line efficiencies. CES holds the promise of being an integral component of the smart grid. The requirements for CES are very demanding.

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IRENA, IEA study concludes meeting 2?C scenario possible with net positive economics

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The overarching objective of the study is to analyze the scale and scope of investments in low-carbon technologies in power generation, transport, buildings and industry (including heating and cooling) that are needed to facilitate such a transition in a cost-effective manner, while also working towards other policy goals. Click to enlarge.

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Renewable Energy Generation: Change is not a destination, just as hope is not a strategy, a lesson exported from Detroit

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The automotive industry is living proof that private companies will rarely change their behaviors without a significant stimulus to that change, and furthermore one that needs to be mandated. Without the CAFE standard and stimulus monies to promote green vehicle tech, the industry would not be headed toward a greener horizon.

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PwC industry survey provides check-up on determining factors for EV success

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More than 200 participants from the automotive, utilities, energy, technology, government, finance, education and other sectors provided their feedback for the effort. This is already a reality as governments around the world have offered billions of dollars in the form of loans, grants, and rebates through various stimulus programs.

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Exclusive Greenius Coverage of Today’s Clean Tech Roundtable

Creative Greenius

It attracted a lot of attention but so did his comments during the “Clean Technology in California: Opportunities and Challenges&# panel to start the day. China’s just committed to a 50% solar subsidy in the last 30 days, Westly told us. He sees four key areas to make money in the Clean Technology Revolution: 1.

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