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Report that offers perspective that energy storage for stationary power will prove to be an important component of the future “Smart” Grid and will help utilities optimize power transmission and distribution. Also, an increasing proportion of energy generated from renewable sources such as solar and wind over the next several years will almost mandate the need for storage to assist in integrating these intermittent energy sources into the grid. Also reports that energy storage solutions for motive (industrial vehicles) and automotive applications will gain traction over the next few years, which in turn should increase demand for electricity from utilities during off-peak hours for charging requirements — further justifying utility investments in better managing the grid. Full Document

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