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Grid-Scale Energy Storage Market to Reach $35 Billion by 2020, According to Pike Research |
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Original news source: Business Wire via Yahoo! Finance
BOULDER, Colo.—-The stationary energy storage sector will play an increasingly larger role in the electricity grid of the future. 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.
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