25
Mar

Bulk Energy Storage Investment Expected To Expand To $30b By 2022

Bulk energy storage on the grid, or ESG, is expected to grow exponentially to some $30 billion by 2022, according to a recently released report.

Pike Research, which published the report, cites the emergence of newer technologies that might enable the grid to move towards increased flexibility and efficiency.

A recent breakthrough that epitomizes this is the discovery of the graphene micro supercapacitor, which UCLA professor Richard Kaner and Cairo University graduate student Maher El-Kady stumbled upon. They believe such a supercapacitor could revolutionize the way we charge electronic devices and even electric vehicles.

 With sufficient investment in energy storage over the next nine years, the way we charge our smartphones may just take a minute.

Source and Read More 

If you want to know more about this and other topics directly from end users of energy storage technologies join us at one of these annual events: The Energy Storage World Forum (Grid Scale Applications), or The Residential Energy Storage Forum, or one of our Training Courses.

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