The demand for these products and their implementation will increase with lower storage costs and that is a key driver of the new storage start-ups working on enterprise storage products.

FORBES: Explosive Growth in Flash Memory Enterprise Applications

This new breakthrough -- when combined with the DNA-based data storage and a method to transmit DNA between cells the school's already working on -- means that Stanford has created all the necessary components of a biologic computer.

ENGADGET

Beyond these current storage products by established storage companies there is a wave of start-up companies working to enhance flash memory performance, increase its endurance and lower its costs.

FORBES: Explosive Growth in Flash Memory Enterprise Applications

In the future, solar and wind developers may be required to pay for storage, either through a rate schedule or by investing in their own storage devices to balance services, said Janice Lin, co-founder and director of California Energy Storage Alliance (CESA), a coalition working to expand the role of energy storage to promote the growth of renewable energy.

FORBES: Energy Storage Critical to Solar Industry

Congratulations to energy entrepreneur and PITCH 2012 speaker Danielle Fong for closing the Series D round of venture financing for her Berkeley-based startup (working out of the former Scharffen Berger chocolate factory) to pursue a solution to the energy storage problem with compressed air.

FORBES: Connect