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.
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.
The Golden State faces new hurdles as a changing climate strains outdated energy infrastructure. Aging power lines have started multiple devastating wildfires in recent years and on top of wildfire risk, heat waves, combined with the changing energy generation mix, are increasingly leading to threats of brownouts and blackouts.
By Eric Dresselhuys, CEO | The International Energy Agency recently declared that “The world is entering a new age of clean technology manufacturing, and countries’ industrial strategies will be key to success.”
By Alan Greenshields, Director EMEA | Many strategies and technologies will be required to enable airlines and airport operators to eliminate carbon emissions while maintaining safe and reliable air travel.
By Eric Dresselhuys, CEO | Larger-scale, grid-connected batteries offer a more efficient way to store excess roof-top solar.
By Eric Dresselhuys, CEO | Meeting decarbonization targets set at COP27, primarily through clean energy technology deployment is where the challenge lies.
By Eric Dresselhuys, CEO | Energy storage, and in particular, long-duration energy storage (LDES) will play a critical role in the decarbonized energy system.
By Eric Dresselhuys, CEO | Australia is moving rapidly towards the decarbonized energy future. In order for renewable energy to replace retiring coal fired power stations and deliver baseload energy, LDES will be necessary.
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