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Long-duration energy storage beats the heat 

Long-duration Energy Storage Beats the Heat 

By Hugh McDermott, Senior VP of Business Development and Sales As temperatures have skyrocketed around the globe this summer (July was the hottest month ever recorded globally) the threat of climate change has felt more present than ever. While heat waves are nothing...

Implications to innovation: svb, energy transition and ess  

Implications to Innovation: SVB, Energy Transition and ESS  

By Eric Dresselhuys, CEO | On March 9th, 2023 the energy innovation community was surprised to learn of a rapidly deteriorating situation at Silicon Valley Bank (SVB). By the next morning, news of the bank’s seizure and suspension of banking activities shifted surprise to panic among many of SVB’s clients.

U. S. Power generators grapple with negative pricing. Long-duration energy storage can help

U.S. power generators grapple with negative pricing. Long-duration energy storage can help

By Hugh McDermott, SVP Sales & Business Development | Today, electricity supply and demand must be perfectly balanced on the grid to ensure that the lights stay on and the system remains stable. Fortunately, new long-duration energy storage (LDES) technologies can address both challenges and allow generators and transmission operators to benefit from variations in LMP to maximize revenue while supporting a balanced grid.

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