Game-Changing Energy Storage: What Utilities Should Consider Today
The recent DOE awards of $185 million for 16 grid-scale energy storage projects is evidence of the game-changing role energy storage is likely to play in the electricity industry.
Along with smart grid technologies, grid-scale energy storage has been heralded as the answer to many challenges facing the power industry. Energy storage does indeed have the potential to be game-changing, but there are many unresolved technological, regulatory and economic issues.
In this Executive eBriefing, two industry advisors with decades of experience discuss the trends in this emerging technology and its potential to deal with emerging and legacy challenges in the industry.
- Which technologies and applications will emerge as winners? How will value be created?
- What business models will be used?
- How can project developers benefit from the multiple value streams?
- How will regulators and policy makers deal with emerging storage applications?
- How can utilities create options and downstream flexibility?
- How would potential carbon pricing policies affect the economics of energy storage?
About the speakers
Christopher Dann, Partner, Strategic Decisions Group
Christopher Dann is a partner with Strategic Decisions Group where he is a leader in the Energy & Environment Practice. He has more than 15 years of consulting experience, primarily in energy and infrastructure. He is an advisor to senior management on strategic decision making and risk management in areas such as nuclear power and smart grid.
Rahul Walawalkar, Senior Energy Consultant, Customized Energy Solutions
Rahul Walawalkar leads the emerging technologies practice for Customized Energy Solutions with a focus on energy storage, smart grid, and renewable integration. He has more than 12 years of experience related to emerging technologies, demand-side management, and electricity markets. His analysis has covered the evaluation of utility applications along the full spectrum of energy storage technologies including CAES, pumped hydro, advanced batteries, and flywheels. He currently serves on the board of the Electricity Storage Association.