Energy Storage and Renewable Power:
Is Storage a Solution to Renewable Intermittence and Grid Inefficiency?
The intermittent nature of natural, carbon-free energy sources like the sun or wind has always been one of renewable power’s major limitations, leaving us reliant on fossil fuels or nuclear power to supply the majority of so-called “baseload” power necessary to meet demand. A technology allowing for the storage of energy generated when the sun is shining or wind is blowing for later use could be a game-changer for the energy space, but cost and scalability often present significant challenges for such a project.
Is there a solution that allows for the large-scale storage of energy in order to improve the efficiency and environmental impact of power generation? The Energy Collective’s latest webcast brings together a diverse group of professionals to explore this question, discuss existing technologies and those in development, and examine the opportunities available to integrate greater shares of clean energy into the electric grid.
Our panelists discussed:
- The most promising storage technology ventures and their paths to market.
- Existing and proven storage projects and the opportunity to build on success.
- The obstacles to building storage solutions on an effective scale, and ways of addressing these challenges.
- Whether large, grid-scale solutions, smaller, more distributed storage, or a combination of both offer the most effective strategy.
Jim Greenberger is the Executive Director of NAATBatt, a trade association of companies in the advanced battery industry working to grow the market for advanced batteries in the United States, primarily in automotive and grid-connected energy storage applications. Prior to leading NAATBatt, Mr. Greenberger practiced law in Chicago for more than 25 years, most recently as a partner at Reed Smith LLP, where he led its cleantech practice group. He serves on the Executive Committee of the Illinois Wind Working Group and is the founder of the annual Midwest Energy Forum at the University of Chicago Booth School of Business.
Phil Giudice is CEO of Liquid Metal Battery Corporation, a technology company creating cost effective, reliable, wide spread grid electricity storage solutions, enabling separation of power demand from power supply. Giudice has more than 30 years’ experience in the energy industry as a geologist, consultant, executive, and state official. He was appointed by Energy Secretary Steven Chu to US DOE’s Energy Efficiency and Renewables Advisory Committee as well as its State Energy Advisory Board. Most recently, Giudice served Massachusetts as Undersecretary of Energy and as Commissioner of the Department of Energy Resources.
Jean-Philippe Macary has worked for Siemens since 2001 and covered several functions within three different sectors. Among them were, product life cycle manager and senior project manager for turn key power distribution solutions. Currently he is the Head of Infrastructure & Cities Low- and Medium Voltage Power Solutions Product Portfolio Management and Marketing for Innovations SIESTORAGE and SIPLINK.
Jesse Jenkins is Director of Energy and Climate Policy at the Breakthrough Institute, and is one of the country’s leading energy and climate policy analysts and advocates. Jesse’s work and analysis has been featured in Time, Newsweek, Fortune, New York Times, Wall Street Journal, Washington Post, and other major media outlets. He is founder and chief editor of WattHead – Energy News and Commentary and a featured writer at the Energy Collective.