New research suggests that the price of lithium-ion batteries could drop dramatically by 2020, setting the conditions for substantial disruption of several important industries.
The U.S. energy storage market grew 40% in 2014, installing 61.9 MW. GTM Research forecasts 220 MW of energy storage installations in 2015. By 2019, the U.S. will be an 861 MW annual market, valued at $1.5 billion
Citi GPS is pleased to present our investment themes for 2015 and well wishes to all readers of the Citi GPS series successful investing in the year ahead. As in 2014, these themes are a mixture of macro and asset class views together with several ideas selected from our global industry analysis. At the end of each year we conduct a survey to ask users of Citi Research which themes they would like to see us tackle in the year ahead1. We have used the intelligence of this survey to scope this annual Citi GPS Investment Themes report.