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.

2022 – An Inflection Point for Clean Energy 

2022 – An Inflection Point for Clean Energy 

By Eric Dresselhuys, CEO 2022 has been an eventful year for the clean energy industry. Russia’s invasion of Ukraine, and associated energy price shocks, triggered a renewed focus on the importance of energy security. Meanwhile, passage of major legislation in the...