energy storage business plan

Starting an Energy Storage Battery Business: A Comprehensive Guide

The energy storage battery business is a rapidly growing industry, driven by the increasing demand for clean and reliable energy solutions. This comprehensive guide will provide you with all the information you need to start an energy storage business, from market analysis and opportunities to battery technology advancements and financing options. By following the steps outlined in this guide, you can build a successful battery business and contribute to the global shift towards sustainable energy.

1. Introduction to Energy Storage Battery Business

Energy storage, particularly in the form of battery systems, plays a vital role in the transition to clean energy. These systems enable the storage of energy generated from renewable sources, such as solar and wind power, and release it when needed, ensuring a consistent and reliable supply of electricity. As the demand for sustainable energy solutions grows, starting an energy storage battery business presents numerous opportunities for entrepreneurs and investors alike.

1.1 Importance of Energy Storage in the Clean Energy Transition

Energy storage systems are essential for maximizing the value of renewable energy sources, which are often intermittent in nature. By storing the energy generated during periods of high solar or wind output, battery systems can ensure a continuous supply of clean energy even during times of low renewable generation. This helps to reduce the reliance on fossil fuels for electricity generation, leading to a significant reduction in greenhouse gas emissions.

1.2 Market Demand and Growth Potential

The global energy storage market has witnessed exponential growth in recent years, driven by factors such as the increasing adoption of renewable energy technologies, advancements in battery technologies, and supportive government policies and incentives. According to market research, the energy storage market is expected to continue its rapid expansion in the coming years, offering significant business opportunities for entrepreneurs and investors.

2. Market Analysis and Opportunities

Before starting an energy storage battery business, it's crucial to conduct a thorough market analysis to identify potential opportunities and challenges. This will help you understand the current market landscape, industry trends, and areas of growth, enabling you to make informed decisions when developing your business plan.

2.1 Industry Trends and Developments

The energy storage industry is witnessing several key trends and developments, including:

• Increasing adoption of renewable energy technologies, driving the demand for energy storage solutions
• Technological advancements in battery technologies, leading to improved performance and reduced costs
• Supportive government policies and incentives for energy storage deployment
• Growing interest from investors and financing institutions in the energy storage sector

2.2 Market Segmentation and Target Customers

The energy storage market can be segmented based on technology, application, end-user, and region. Identifying your target customers and understanding their specific needs and requirements is crucial for developing tailored battery storage solutions and successfully penetrating the market.

Potential target customers for your energy storage battery business may include:

• Utility companies looking to integrate renewable energy sources into their grids
• Commercial and industrial customers seeking to reduce their energy costs and carbon footprint
• Residential customers interested in implementing solar-plus-storage systems for increased energy independence
• Government and public sector entities aiming to enhance grid reliability and resilience

3. Battery Technology Advancements

The success of your energy storage battery business will largely depend on the quality and performance of the battery systems you offer. Keeping abreast of the latest advancements in battery technology is essential for staying ahead of the competition and meeting the evolving needs of your customers.

3.1 Lithium-ion Batteries

Lithium-ion batteries are currently the most popular choice for energy storage systems, due to their high energy density, long cycle life, and relatively low cost. These batteries are widely used in various applications, including electric vehicles, consumer electronics, and grid-scale energy storage. As the demand for lithium-ion batteries continues to grow, ongoing research and development efforts are focused on improving their performance, safety, and cost-effectiveness.

3.2 Alternative Battery Technologies

In addition to lithium-ion batteries, several alternative battery technologies are being developed and commercialized, offering unique advantages and capabilities. Some of these include:

• Flow batteries: These rechargeable batteries use liquid electrolytes to store and release energy, providing longer cycle life and easier scalability compared to lithium-ion batteries.
• Compressed air energy storage (CAES): CAES systems store energy by compressing air in underground reservoirs, which can be released to generate electricity when needed.
• Flywheels: These mechanical devices store energy in the form of rotational energy, offering fast charge and discharge capabilities and high power output for short durations.

4. Steps to Start an Energy Storage Business

Starting an energy storage battery business involves several key steps, including:

• Conducting market research and analysis
• Developing a comprehensive business plan
• Securing necessary permits and licenses
• Selecting and sourcing battery technologies and components
• Establishing manufacturing and assembly facilities
• Developing sales and marketing strategies
• Building a skilled and knowledgeable team
• Implementing quality control and safety measures
• Securing financing and investment for business growth

5. Key Challenges in the Battery Business

As with any business venture, starting an energy storage battery business comes with its own set of challenges. Some of the key challenges to consider when entering the battery industry include:

• Intense competition from established players in the market
• Rapidly evolving technologies and changing customer requirements
• Complex regulatory and compliance requirements
• Supply chain and raw material availability constraints
• High initial investment and ongoing operational costs

6. Financing Options for Battery Businesses

Securing sufficient financing is a critical aspect of starting and growing a successful energy storage battery business. There are various financing options available for battery businesses, including:

• Bank loans and lines of credit
• Government grants and incentives
• Venture capital and private equity investments
• Crowdfunding and peer-to-peer lending platforms
• Strategic partnerships and joint ventures

7. Battery Storage Solutions and Applications

Energy storage battery systems can be deployed in various applications and sectors, providing numerous benefits and value propositions. Some of the key applications for battery storage solutions include:

• Peak demand management and demand charge reduction for commercial and industrial customers
• Solar-plus-storage systems for maximizing renewable energy generation and utilization
• Backup power supply for critical facilities and infrastructure during grid outages
• Grid support services, such as frequency regulation and voltage control
• Non-wires alternatives for deferring or avoiding costly grid infrastructure upgrades

8. Battery Manufacturing Process

The battery manufacturing process involves several stages, from raw material sourcing and component production to assembly, testing, and quality control. Developing an efficient and cost-effective manufacturing process is essential for ensuring the competitiveness and profitability of your energy storage battery business.

9. Battery Industry Regulations and Compliance

Complying with industry regulations and standards is a crucial aspect of operating a successful energy storage battery business. Some of the key regulatory considerations for battery businesses include:

• Environmental and safety regulations for battery manufacturing and disposal
• Grid interconnection and permitting requirements for energy storage systems
• Product safety and performance standards, such as UL and IEC certifications
• Compliance with local, national, and international laws governing the transportation and sale of batteries

10. Future Outlook for the Energy Storage Battery Business

The outlook for the energy storage battery business remains highly promising, driven by the ongoing global transition to clean energy and the growing demand for reliable and cost-effective energy storage solutions. As the industry continues to evolve, new technologies and business models will emerge, offering exciting opportunities for entrepreneurs and investors in the energy storage battery space.

By following the steps outlined in this guide and staying informed about the latest industry trends and developments, you can build a successful energy storage battery business and contribute to the global shift towards sustainable energy.

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Energy storage for businesses: What you need to know

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Energy storage is a great option for commercial properties looking to cut energy costs and improve reliability. With storage prices decreasing in recent years, state and federal incentives to install storage, and increasingly complex–and pricey!–electricity rate schedules for businesses, there's never been a better time to install solar and storage at your business. To help you decide whether storage is right for your organization, here's a rundown of how storage works and the primary reasons that businesses are installing storage.

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Key takeaways

The primary benefit of energy storage is resiliency: making sure your lights stay on even if the grid goes down.

Storage also provides financial benefits in certain parts of the country, especially if you have demand charges or time-varying rates.

There are a number of storage incentives that can defray the cost of installing storage at your business.

Get started comparing solar and storage options for your business with EnergySage today.

How storage works

Energy storage systems provide a very straightforward service: they store electricity for use at a later point in time. When paired with a solar panel system , an energy storage system will store any excess electricity produced by your solar panels for you to use after the sun goes down or when it's cloudy.

There are a number of different technologies that provide energy storage, but the most commonly installed both at the residential and commercial levels are lithium-ion batteries. There are two primary types of lithium-ion battery technologies available on the market today–lithium nickel manganese cobalt (NMC) and lithium iron phosphate (LFP)–which operate exactly the same way but differ across a number of variables: physical size, cycle life, materials used, pricing, and safety certifications.

Energy storage systems seamlessly integrate into your business's electrical system, automatically kicking in when the grid goes down to ensure your operations don't miss a beat.

Why do businesses install energy storage? 

There are two key benefits that energy storage provides. First and foremost, most homes and businesses install storage for the resiliency benefit: backup power in the event of a grid outage. But for many commercial applications, energy storage can provide much greater financial benefits than it can to homeowners, especially if your business is on a complex utility rate with either demand charges or a time-varying price for electricity.

Resiliency benefits

Seventy percent of solar shoppers who request storage quotes on EnergySage say they are interested in storage for emergency backup power. For commercial properties, resilience takes a number of different forms: it could mean keeping refrigerators and freezers cool in the event of an outage, allowing a gate to open into a storage facility, or keeping the lights on in a restaurant while the rest of the block is out.

All resilience really means is just emergency power in the event of a grid outage event. Energy storage allows part or all of your business to run even when the grid is down. It's not quite "off-grid," but it does mean you can operate without the grid when you have to.

If you operate in an area where you experience frequent outage events, energy storage can help mitigate the impact of those outages.

Financial benefits

There are a few key ways that storage can provide financial benefits to businesses: demand charge mitigation, price arbitration on time-varying rates, and incentives.

Demand charge

The biggest financial benefits from storage come if you have demand charges on your utility rate. While electricity rates historically have focused on a volumetric charge where you pay a certain rate per kilowatt-hour of (kWh) electricity that you consume per month, demand charges are based on the maximum amount of power required over a single hour (or fifteen-minute period) in a given month.

Because your demand charge is set based on your maximum hourly power requirement, there is less incentive to reduce your overall usage throughout the month but rather to adjust how much electricity you require at once. If you're on a demand charge electric rate, the only way to decrease your electric bill is to use less power all at once.

This is where storage comes into play – while solar can reduce the amount of electricity you use in a given month, batteries can help reduce your peak demand in a month. Since demand charges are often $15 per kilowatt (kW) of demand or more per month, and given many businesses use dozens of KWs of demand per month, decreasing your demand is a great way to reduce your monthly electricity spending.

Time-varying rates

Similarly to how some utilities have transitioned to demand charges, others have transitioned to time-varying rates. A time-varying rate–i.e., a time of-use rate–is an electricity rate where you pay more for electricity you use at certain times of day or during certain times of the year than others. In places like California, the rate can be higher in the evening, meaning you'll pay more for electricity after the sun goes down.

With energy storage, you can store electricity produced during the day from your solar panels when electricity rates are low to use later in the evening when rates increase, allowing you to, in essence, arbitrage the rate you pay for electricity throughout the day.

When batteries are paired with solar, they're eligible for a number of different incentives at the federal level, including the investment tax credit and bonus depreciation or the modified accelerated cost recovery system . Certain states and utilities also offer additional incentives for storage, like through the Self Generation Incentive Program (SGIP) in California.

Get started with solar and storage for your business with EnergySage

Whether you're interested in solar-plus-storage or solar on its own for your business, EnergySage can help. We take a consultative approach to helping businesses explore their solar options, walking through your goals for the project, gathering the information needed to generate a quote, and providing a free solar feasibility report for your organization. Sign up for EnergySage to get started today!

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Energy Storage

Global demand for energy storage systems is expected to grow by up to 25 percent by 2030 due to the need for flexibility in the energy market and increasing energy independence. This demand is leading to the development of storage projects across residential, commercial, and utility-scale applications. However, navigating the challenges of technology uncertainties, global sourcing, and complex business cases can be difficult.

Our approach

McKinsey’s Energy Storage Team can guide you through this transition with expertise and proprietary tools that span the full value chain of BESS (battery energy storage systems), LDES (long-duration energy storage), and TES (thermal energy storage). As part of the Battery Accelerator Team , we support energy storage manufacturers, renewable developers, utilities, and investors by combining the knowledge and capabilities of our Electric Power & Natural Gas , Advanced Industries , and Sustainability  practice areas into an integrated solution.

Market sizing and revenue modeling

Product strategy and value proposition, energy storage supply chain strategy, investment perspective, renewable deployment strategy, case studies, growth ambitions, future technologies, procurement excellence, product rollout, business building, featured technology and tools, energy storage insights, battery insights, battery accelerator team, energy solutions, featured experts.

Martin Linder

Senior partnermunich.

Sören Jautelat

Partnerstuttgart.

Godart van Gendt

Partneramsterdam.

Diego Hernandez Diaz

Partnergeneva.

Christian Staudt

Partnerwashington dc.

Jesse Noffsinger

Partnerseattle.

Erik Sparre

Partnertokyo.

Andreas Breiter

Partnerbay area, featured insights.

Demand-based pricing stabilizes the electricity market of the future

Enabling renewable energy with battery energy storage systems

Net-zero power: Long-duration energy storage for a renewable grid

Decarbonizing the grid with 24/7 clean power purchase agreements

Net-zero heat: Long-duration energy storage to accelerate energy system decarbonization

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McKinsey Center for Future Mobility

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Renewable Energy Business Plan

Due to the environmental impact, the surge in renewable energy products and services is on the rise. So, by starting this business you are not only earning profits but also a social identity for doing something for the environment.

Anyone can start a new business, but you need a detailed business plan when it comes to raising funding, applying for loans, and scaling it like a pro!

Need help writing a business plan for your renewable energy business? You’re at the right place. Our renewable energy business plan template will help you get started.

Free Business Plan Template

Download our free business plan template now and pave the way to success. Let’s turn your vision into an actionable strategy!

• Fill in the blanks – Outline
• Financial Tables

How to Write A Renewable Energy Business Plan?

Writing a renewable energy business plan is a crucial step toward the success of your business. Here are the key steps to consider when writing a business plan:

1. Executive Summary

An executive summary is the first section planned to offer an overview of the entire business plan. However, it is written after the entire business plan is ready and summarizes each section of your plan.

Here are a few key components to include in your executive summary:

Introduce your Business:

Start your executive summary by briefly introducing your business to your readers.

Market Opportunity:

Products and services:.

Highlight the renewable energy services you offer your clients. The USPs and differentiators you offer are always a plus.

Marketing & Sales Strategies:

Financial highlights:, call to action:.

Ensure your executive summary is clear, concise, easy to understand, and jargon-free.

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2. Business Overview

The business overview section of your business plan offers detailed information about your company. The details you add will depend on how important they are to your business. Yet, business name, location, business history, and future goals are some of the foundational elements you must consider adding to this section:

Business Description:

Describe your business in this section by providing all the basic information:

Describe what kind of renewable energy company you run and the name of it. You may specialize in one of the following renewable energy businesses:

• Solar energy business
• Wind energy business
• Biomass energy business
• Geothermal energy business
• Hydropower business
• Energy storage business
• Hydrogen fuel business
• Energy efficiency & consulting business
• Describe the legal structure of your renewable energy company, whether it is a sole proprietorship, LLC, partnership, or others.
• Explain where your business is located and why you selected the place.

Mission Statement:

Business history:.

If you’re an established renewable energy business, briefly describe your business history, like—when it was founded, how it evolved over time, etc.

Future Goals

This section should provide a thorough understanding of your business, its history, and its future plans. Keep this section engaging, precise, and to the point.

3. Market Analysis

The market analysis section of your business plan should offer a thorough understanding of the industry with the target market, competitors, and growth opportunities. You should include the following components in this section.

Target market:

Start this section by describing your target market. Define your ideal customer and explain what types of services they prefer. Creating a buyer persona will help you easily define your target market to your readers.

Market size and growth potential:

Describe your market size and growth potential and whether you will target a niche or a much broader market.

Competitive Analysis:

Market trends:.

Analyze emerging trends in the industry, such as technology disruptions, changes in customer behavior or preferences, etc. Explain how your business will cope with all the trends.

Regulatory Environment:

Here are a few tips for writing the market analysis section of your renewable energy business plan::

• Conduct market research, industry reports, and surveys to gather data.
• Provide specific and detailed information whenever possible.
• Illustrate your points with charts and graphs.
• Write your business plan keeping your target audience in mind.

4. Products And Services

The product and services section should describe the specific services and products that will be offered to customers. To write this section should include the following:

Describe your products & services:

Mention the renewable energy products & services your business will offer. This list may include:

• Solar panels
• Wind turbines
• Energy storage systems
• Monitoring systems
• Consultancy & feasibility studies
• System design & engineering
• Installation
• Project financing & funding

Quality measures:

This section should explain how you maintain quality standards and consistently provide the highest quality service.

Additional Services

In short, this section of your renewable energy plan must be informative, precise, and client-focused. By providing a clear and compelling description of your offerings, you can help potential investors and readers understand the value of your business.

5. Sales And Marketing Strategies

Writing the sales and marketing strategies section means a list of strategies you will use to attract and retain your clients. Here are some key elements to include in your sales & marketing plan:

Unique Selling Proposition (USP):

Define your business’s USPs depending on the market you serve, the equipment you use, and the unique services you provide. Identifying USPs will help you plan your marketing strategies.

Pricing Strategy:

Marketing strategies:, sales strategies:, customer retention:.

Overall, this section of your renewable energy business plan should focus on customer acquisition and retention.

Have a specific, realistic, and data-driven approach while planning sales and marketing strategies for your renewable energy business, and be prepared to adapt or make strategic changes in your strategies based on feedback and results.

6. Operations Plan

The operations plan section of your business plan should outline the processes and procedures involved in your business operations, such as staffing requirements and operational processes. Here are a few components to add to your operations plan:

Staffing & Training:

Operational process:, equipment & machinery:.

Include the list of equipment and machinery required for renewable energy, such as for solar energy; solar panels, inverters, racks or frames, solar tracking systems, solar charge controllers, etc are needed.

Adding these components to your operations plan will help you lay out your business operations, which will eventually help you manage your business effectively.

7. Management Team

The management team section provides an overview of your renewable energy business’s management team. This section should provide a detailed description of each manager’s experience and qualifications, as well as their responsibilities and roles.

Founders/CEO:

Key managers:.

Introduce your management and key members of your team, and explain their roles and responsibilities.

Organizational structure:

Compensation plan:, advisors/consultants:.

Mentioning advisors or consultants in your business plans adds credibility to your business idea.

This section should describe the key personnel for your renewable energy services, highlighting how you have the perfect team to succeed.

8. Financial Plan

Your financial plan section should provide a summary of your business’s financial projections for the first few years. Here are some key elements to include in your financial plan:

Profit & loss statement:

Cash flow statement:, balance sheet:, break-even point:.

Determine and mention your business’s break-even point—the point at which your business costs and revenue will be equal.

Financing Needs:

Be realistic with your financial projections, and make sure you offer relevant information and evidence to support your estimates.

9. Appendix

The appendix section of your plan should include any additional information supporting your business plan’s main content, such as market research, legal documentation, financial statements, and other relevant information.

• Add a table of contents for the appendix section to help readers easily find specific information or sections.
• In addition to your financial statements, provide additional financial documents like tax returns, a list of assets within the business, credit history, and more. These statements must be the latest and offer financial projections for at least the first three or five years of business operations.
• Provide data derived from market research, including stats about the industry, user demographics, and industry trends.
• Include any legal documents such as permits, licenses, and contracts.
• Include any additional documentation related to your business plan, such as product brochures, marketing materials, operational procedures, etc.

Use clear headings and labels for each section of the appendix so that readers can easily find the necessary information.

Remember, the appendix section of your renewable energy business plan should only include relevant and important information supporting your plan’s main content.

The Quickest Way to turn a Business Idea into a Business Plan

Fill-in-the-blanks and automatic financials make it easy.

This sample renewable energy business plan will provide an idea for writing a successful renewable energy plan, including all the essential components of your business.

After this, if you still need clarification about writing an investment-ready business plan to impress your audience, download our renewable energy business plan pdf .

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Frequently asked questions, why do you need a renewable energy business plan.

A business plan is an essential tool for anyone looking to start or run a successful renewable energy business. It helps to get clarity in your business, secures funding, and identifies potential challenges while starting and growing your business.

Overall, a well-written plan can help you make informed decisions, which can contribute to the long-term success of your renewable energy company.

How to get funding for your renewable energy business?

There are several ways to get funding for your renewable energy business, but self-funding is one of the most efficient and speedy funding options. Other options for funding are:

• Bank loan – You may apply for a loan in government or private banks.
• Small Business Administration (SBA) loan – SBA loans and schemes are available at affordable interest rates, so check the eligibility criteria before applying for it.
• Crowdfunding – The process of supporting a project or business by getting a lot of people to invest in your business, usually online.
• Angel investors – Getting funds from angel investors is one of the most sought startup options.

Apart from all these options, there are small business grants available, check for the same in your location and you can apply for it.

Where to find business plan writers for your renewable energy business?

There are many business plan writers available, but no one knows your business and ideas better than you, so we recommend you write your renewable energy business plan and outline your vision as you have in your mind.

What is the easiest way to write your renewable energy business plan?

A lot of research is necessary for writing a business plan, but you can write your plan most efficiently with the help of any renewable energy business plan example and edit it as per your need. You can also quickly finish your plan in just a few hours or less with the help of our business plan software .

How do I write a good market analysis in a renewable energy business plan?

Market analysis is one of the key components of your business plan that requires deep research and a thorough understanding of your industry. We can categorize the process of writing a good market analysis section into the following steps:

• Stating the objective of your market analysis—e.g., investor funding.
• Industry study—market size, growth potential, market trends, etc.
• Identifying target market—based on user behavior and demographics.
• Analyzing direct and indirect competitors.
• Calculating market share—understanding TAM, SAM, and SOM.
• Knowing regulations and restrictions
• Organizing data and writing the first draft.

Writing a marketing analysis section can be overwhelming, but using ChatGPT for market research can make things easier.

How detailed should the financial projections be in my renewable energy business plan?

The level of detail of the financial projections of your renewable energy business may vary considering various business aspects like direct and indirect competition, pricing, and operational efficiency. However, your financial projections must be comprehensive enough to demonstrate a complete view of your financial performance.

Generally, the statements included in a business plan offer financial projections for at least the first three or five years of business operations.

About the Author

Upmetrics Team

Upmetrics is the #1 business planning software that helps entrepreneurs and business owners create investment-ready business plans using AI. We regularly share business planning insights on our blog. Check out the Upmetrics blog for such interesting reads. Read more

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Energy storage

Storing energy so it can be used later, when and where it is most needed, is key for an increased renewable energy production, energy efficiency and for energy security.

To achieve EU’s climate and energy targets, decarbonise the energy sector and tackle the energy crisis (that started in autumn 2021), our energy system needs to undergo a profound transformation.

It should be characterised by improved energy efficiency and the massive and rapid deployment of variable renewable energy generation and will require more flexibility , understood as the energy system’s ability to adapt to changing needs of the grid and manage variability and uncertainty of demand and supply across all relevant timescales.  

At any moment in time, the consumption of electricity has to be perfectly matched with the generation of electricity. This balance is necessary in all electricity grids to maintain a stable and safe supply. Flexibility solutions can adjust demand and supply by allowing excess electricity to be saved in large quantities over different time periods. In fact, models show an important relation between increasing renewable energy deployment and flexibility in the energy system.

Besides being an important flexibility solution, energy storage can reduce price fluctuations, lower electricity prices during peak times and empower consumers to adapt their energy consumption to prices and their needs. It can also facilitate the electrification of different economic sectors, notably buildings and transport. The uptake of electric vehicles can for example ensure balancing services to the electricity grid and power homes and thermal storage can contribute to energy system integration and to the decarbonisation of the heating and cooling sectors.

Guidance and recommendation on energy storage

The Commission published its first guiding documents on a definition and principles for energy storage in June 2016, followed by a staff working document in 2017 on the role of electricity in energy storage. These principles were subsequently reflected in the Clean energy for all Europeans package , adopted in 2019.

The main energy storage reservoir in the EU is by far pumped hydro storage, but batteries projects are rising, according to a  study on energy storage  published in May 2020. Besides batteries, a variety of new technologies to store electricity are developing at a fast pace and are increasingly becoming more market-competitive.

Competitiveness progress reports

Since 2020, the Commission publish yearly progress reports on the competitiveness of clean energy technologies  that present the current and projected state of play for different clean and low-carbon energy technologies and solutions. The 2022 report includes dedicated sections on renewable hydrogen production through water electrolysis, and batteries, as they are crucial to succeed in the decarbonisation of energy and transport sectors.

Commission Recommendation

On 14 March 2023, the Commission Recommendation Energy Storage – Underpinning a decarbonised and secure EU energy system   was adopted. It addresses EU countries on the most important issues contributing to the broader deployment of energy storage. They should consider the double role of “consumer-producer” of storage by applying the EU electricity regulatory framework and by removing barriers, including avoiding double taxation and facilitating permitting procedures. It also provides recommendations to identify flexibility needs across different timescales and to ensure that system operators assess these needs when planning network developments.

On the financing side, it suggests increasing the long-term visibility and predictability of revenues to facilitate access to finance, for example by allowing storage operators to receive remuneration for certain services that they currently provide. EU countries should also consider instruments, such as competitive bidding procedures (in line with state aid rules) to achieve necessary flexibility and improvements in the design of certain parameters within capacity mechanisms.

The underlying Staff Working Document  (SWD(2023) 57 final) looks at the role and application of storage in the energy transition, emphasising the need for flexibility, reliability and stability to achieve EU’s decarbonisation targets, providing some global outlook for storage deployment beyond the EU and concludes with an outlook of best practices.

The energy storage key facts and actions illustrate where the need for increased flexibility in the electricity system and what we are aiming to achieve by 2030 and 2050 respectively.

Energy storage – key facts and actions

The storage potential of hydrogen is particularly beneficial for power grids, as it allows for renewable energy to be kept not only in large quantities but also for long periods of time.

Renewable hydrogen can help improve the flexibility of energy systems by balancing out supply and demand when there is either too much - or not enough - power being generated, helping to boost energy efficiency throughout the EU.

Hydrogen is an important part of the EU strategy for energy system integration  and the Commission adopted the EU hydrogen strategy  in 2020.

EU initiatives on batteries

Global demand for batteries is growing rapidly, given their capacity to integrate more renewables into our energy systems and their ability to green the industry and transport sectors with spill-over effects on the electrification on other sectors.

The comprehensive governance framework of the  energy union  and the strategic action plan on batteries (annex 2 to the  Communication on sustainable mobility for Europe  (COM/2018/293), were important steps to help build a globally integrated, sustainable and competitive industrial base on batteries in the EU. The progress made was evaluated and summarised in the  Commission report on the Implementation of the Strategic Action Plan on Batteries  (COM/2019/176).

A new Batteries Regulation entered into force on 17 August 2023 to ensure that batteries are collected, reused and recycled in EU. Starting from 2025, the new rules will gradually introduce declaration requirements, performance classes and maximum limits on the carbon footprint of electric vehicles, light means of transport (such as e-bikes and scooters) and rechargeable industrial batteries. Starting in 2027, consumers will be able to remove and replace the portable batteries in their electronic products at any time of the life cycle.

Batteries Europe and batteries research

Batteries Europe, launched in 2019, is the European technology and innovation platform of the European Battery Alliance, run jointly by the European Commission and stakeholders in the battery industry.

The  Batteries Europe platform  includes a wide representation of stakeholders and has a well-defined governance structure, including six thematic working groups, which are building on the previous work from the  Strategic Energy Technology Plan   (SET Plan) action 7 on batteries, focused on competitiveness in the global battery sector. 

Most of the new EU collaborative research projects on batteries are taking place under the  BATT4EU Partnership , with €925 million earmarked for the current 7-year financial perspective. Simultaneously, a number of EU countries have teamed up for Important Projects of Common European Interest ( IPCEI ) on batteries research and innovation.

Bridge projects on batteries

Bridge  is a European Commission initiative that unites smart grids, energy storage, islands and digitalisation projects funded under Horizon 2020 and Horizon Europe.

In 2018, the group published a  report on the battery topic , based on input from 15 projects, most involved in battery integration in the energy system.

The BATSTORM project (2016-2018)

This Horizon 2020-funded project was set up in 2016 to identify and support research and development needs in the area of battery-based energy storage. The BATSTORM reports and analysis are listed below.

• Summary: Battery storage to drive the power system transition  (September 2018)
• Technical analysis on on-going project for battery based energy storage  (August 2018)
• Policy analysis: Battery promoting policies in selected Member States  (July 2018)
• Roadmap for R&I and accompanying measures 2018-2027  (April 2018)
• Costs and benefits for deployment scenarios of battery systems  (March 2017)

Related links

• EnTEC study on energy storage (March 2023)
• Hydrogen  
• SETIS – SET plan information system
• Batteries  (DG Environment)
• Energy storage  (DG Research and Innovation)
• European Battery Alliance  (DG for Internal Market, Industry, Entrepreneurship and SMEs)
• Study: ASSET study on sectoral integration  (February 2018)
• Commission Recommendation  (C(2023) 1729 final)
• Accelerating clean energy innovation  (COM(2016) 0763)
• Implementation of the strategic action plan on batteries: Building a strategic battery value chain in Europe  (COM(2019) 176)
• Strategic Action Plan on Batteries  – annex 2 to the Communication (COM(2018) 293)

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Helping Businesses Stay Ahead of the Curve

The growth of renewable energy means power grids need to become more flexible and resilient. As electrical systems are gradually becoming digital, we’re witnessing a rapid and radical transformation of the energy market, which is shifting to a decentralized system in which consumers generate the energy they need and offload the surplus onto the grid. Driven by these changing trends, battery energy storage is becoming a key technology to support the energy transition. Enel X Global Retail is among the leading global system integrators of behind-the-meter (BTM) Battery Energy Storage Systems (BESS), for a total installed capacity of 76 MW (behind-the-meter) at Q1 2023. Our three turnkey solutions — Standalone Storage, Solar-plus-Storage and Microgrid — are designed around the needs and business priorities of commercial and industrial (C&I) customers, enabling them to lower electricity bills, improve sustainability across the supply chain, activate backup power to avoid disruptions to daily operations and generate revenues on flexibility markets. Regardless of the chosen solution, the key enabler of these benefits is Enel X Global Retail’s cutting-edge DER Optimization Software (DER.OS), which powers the BESS from behind the scenes. The software leverages sophisticated machine learning and AI algorithms to extract maximum value for the customer from the synergistic operations of the BESS, site loads and generation assets.

Decarbonization

By 2050, almost 50% of global installed capacity will come from renewables.

Electrification

By 2040, global electricity demand will rise by 60 percent.

Digitalization

By 2025, digital investments in the energy sector are set to reach $81 billion.

Urbanization

By 2030, two thirds of the world’s population will live in megalopoli with populations of more than 10 million.

Why Enel X?

Wider experience.

We have a consolidated technical, digital and financial track record of delivering Battery Energy Storage System (BESS) installations globally. Through our expertise, we offer tailor-made and market-specific BESS solutions, providing flawless operations and delivery of customer sided assets.

Through our expertise, we offer tailor-made and market-specific BESS solutions, providing flawless operations and delivery of customer sided assets. Additionally, thanks to our broad portfolio of integrated products, we can personalize our offer to optimize the benefits of our solutions.

Economic Savings

Boost sustainability, improve resiliency, earn new revenues, customized financing options.

Our Battery Energy Storage Solutions

Standalone Storage

An independent energy storage system, through one or more batteries, which allows users to store electricity when it is cheaper, and dispatch it later when prices are higher. Standalone Storage enables C&I businesses to capitalize on energy volatility, prevent power outage and help to balancing the grid, thus enabling a higher penetration of renewables.

Solar-plus-Storage

Pairing a solar photovoltaic system (PV) with a BESS allows C&I customers to extract added value from their on-site asset and access new revenue streams. The battery, indeed, stores the self-generated solar energy for later use, providing resiliency and backup power. Consequently, businesses can benefit from energy cost reduction, reach the highest sustainability value and maximize the on-site use of self-generated green electricity.

Small-scale Distributed Energy Systems- usually composed of PV, storage and genset- allow the customer to self-produce energy on-site while being connected to the utility grid. It offers the highest degree of resiliency by ensuring power supply for the duration of an outage.

Our Distributed Energy Resources Optimization Software, based on Big Data, artificial intelligence and Machine Learning, is able to aggregate the energy management of multiple plants creating a Virtual Power Plant (VPP) that operates more efficiently and multiplies customer savings and profits.

The Value of Battery Energy Storage solutions

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Track your emissions, designing a decarbonization strategy and achieve your Net Zero targets

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Transforming energy from a cost into an opportunity

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Save money and improve the site’s resiliency by generating sustainable power locally

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The tailored long-term contracts designed to reduce emissions

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Working together to change the way the world uses energy

Local Presence

Discover how Enel X can partner with you to implement a BESS in your location.

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Read the latest news, research and information about Enel X and battery storage systems.

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Enel X has installed four PV plants that will help Incarlopsa, one of the global leaders in the food industry, to supply clean and renewable energy: find out more!

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Battery energy storage is an advanced technological solution that allows your company to store energy in multiple ways for later use

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Energy Storage Business Models

Innovative  business models are emerging as the demand for energy storage systems is increasing. According to Avanthika Satheesh Pallickadavil, a Frost & Sullivan Energy & Environment Industry Analyst, there is a growing need for investments in information technology platforms like smart meters and control devices that will support the operation of energy storage system models.

Although the consumer segment for energy storage systems is the most rapidly growing market segment, it still comes with high expenses. In addition, the implementation of the energy storage system models is highly dependent on the condition of the electricity grid, whether it is inefficient and old or upgraded and able to support the deployment of renewable sources. Business models that promote different revenue streams for current ESS assets, and ease the CAPEX strain will attract more consumers and will be better positioned in the market. 

Read the original article  – explore eight business models across grid scale, residential, and community-level ESS segments…

If you want to know more about this and other topics directly from end users of energy storage technologies join us at one of these annual events: The Energy Storage World Forum (Grid Scale Applications), or The Residential Energy Storage Forum , or one of our Training Courses .

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Tesla’s solar and energy storage business rakes in $810M, finally exceeds cost of revenue

Tesla’s primary source of revenue comes from the sale of its electric vehicles, but its latest quarterly earnings report showed growth in its energy storage and solar business.

The demand picture will get even sunnier for the division if the company can access enough chips for its energy storage products, according to Tesla CEO Elon Musk.

Tesla on Monday reported $801 million in revenue from its energy generation and storage business — which includes three main products: solar, its Powerwall storage device for homes and businesses, and its utility storage unit Megapack — but that’s just a sliver of the nearly $12 billion in total revenue . Small as it is, the division is selling more energy storage and solar. Revenue from this division grew 62% from the previous quarter and more than 116% from the same quarter in 2020. Tesla doesn’t separate solar and energy storage revenue.

More importantly, the cost of revenue for its solar and energy storage business was $781 million, meaning that for the first time the total cost of producing and distributing these energy storage products was lower than the revenue it generated. That’s good news.

As one might expect, total deployments also rose. Tesla installed 1,274 megawatt-hours of energy storage in the second quarter of 2021, a 205% increase from the same period last year. Similarly, the amount of solar energy deployed in the second quarter of this year was 85 MWh, up 214% from Q2 2020. As a side note: Tesla’s total solar and energy storage deployments were essentially flat when comparing Q2 2019 and Q2 2020 numbers, likely due to the pandemic’s general halting of business.

The important nugget is revenue growth. In 2019, Tesla reported $369 million in revenue from solar and storage. Revenue was stagnant in Q2 2020, with $370 million from that business. This quarter was more than double what Tesla brought in during the same quarters of 2019 and 2020.

What changed? Besides COVID-19, Tesla points to several Megapack projects coming online and growing popularity in its combined solar and Powerwall product. (Tesla no longer allows customers to order Powerwall without a solar installation.) According to a configurator on Tesla’s website, one Megapack is about $1.2 million before taxes. In some states, Tesla says the earliest deliveries will be in 2023.

Tesla’s energy storage business is facing headwinds, however. Musk said demand for both the Megapack and the Powerwall both exceed supply, and a backlog is growing. The company is unable to meet that demand because of the global chip shortage, he said.

Tesla uses the same chips in its Powerwall as it does in its vehicles, and Musk said vehicles are the priority while supply is low.

Musk said in the long term, Tesla and other suppliers would need to produce a combined 1,000 to 2,000 gigawatt-hours per year in order to keep up with energy storage demands. Musk said the company has asked its cell suppliers to double their supply in 2022, a goal that Musk caveated would be dependent on supply chain issues. The company’s current strategy is to overshoot cell supply and route it outward to its energy storage products, but as in the case of chip shortages, vehicle production would be prioritized, according to Musk.

Battery cell plans

While much of the battery cell discussion focused on its 4680 cell that is in development, Musk also touched on Tesla’s intentions to power some of its products with cheaper lithium-iron-phosphate (LFP) batteries. Specifically, he said there’s a good chance that all stationary storage could move to iron-based batteries and away from nickel-manganese-cobalt (NMC) and nickel-cobalt-aluminum batteries.

“I think probably will see a shift, my guess is probably to two-thirds iron, one-third nickel,” Musk said of Tesla’s plans. “And this is actually good because there’s quite a bit of iron in the world, an insane amount of iron. But there’s much less nickel and there’s way less cobalt.”

The one-third of batteries that will remain nickel-based will be used for its longer-range electric vehicles. All of its other EVs would also move to LFP batteries, which is already the case in its vehicles assembled in China.

Automakers have battery anxiety, so they’re taking control of the supply

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Industry Applications

EnergyLink3 has an exclusive license of C4V™ battery management and energy management systems, to support the United States Department of Defense. C4V is an intellectual property company based in Binghamton, New York with expertise and patented discoveries in Lithium-Ion battery composition and manufacture. EnergyLink3 has supply agreement with iM3NY for Cobalt and Nickle free lithium ion cells and looking forward to integrating those into mission critical systems for DOD. EnergyLink3 batteries will be manufactured in the United States through a green supply chain of materials, majority sourced in the United States, or through United States Allies. The underlying materials science of C4V’s patented inventions boasts robust crystal structures that enable high voltage operations, in addition to superior corrosion resistance that enhances battery performance, while reducing the cost of ownership. C4V’s patented molecules allow us to extract the best performance at the system level.

Electric Mobility

Electric Aviation

Industrial Equipment

Stationary Storage

EnergyLink3 Industry Summary

• IP – expertise, experience, infrastructure – Majority in the United States
• 100GWh by 2028: >12,000 Direct + 12,000 Indirect jobs
• Could play key role with significant local content in:

AI, VTOL, Solar, Charging Stations, E-Mobility, Smart Grid etc.

• Ecosystem that would have ripple impact in future technologies:

IOT, Robotics, Automation, Super Fast Transport (AV, Ride Share etc.)

• Supply Chain partners committed to disrupt the battery industry
• Stable Supply Chain is Crucial To Succeed:-
• Supply Chain of Components * Supply Chain of Intellectual Knowledge
• Supply Chain of Machinery * Supply Chain of Capital

If you have any Question send us a Message

Renewable energy, storage and transmission

Becoming a renewable energy superpower

Main content

Australia has some of the best renewable energy resources in the world. An abundance of natural assets – including wind and solar – creates opportunities to power Australia’s clean energy transformation.

We have already embarked on a rapid energy transition. All our coal-fired power plants will be retired by 2038. However, significant investment is required to achieve our target of 82% renewable energy in the Australian grid by 2030.

Australia is:

• investing in utility-scale solar, onshore, and offshore wind projects to grow our renewable energy supply
• working on a growing pipeline of energy storage and transmission projects to grow generation capacity and manage intermittent supply
• home to some of the world’s largest energy storage projects such as the Hornsdale Power Reserve  — the world's first big battery.

Global energy leaders and businesses can partner with Australia to help us reach net zero. Visit our  Go Green with Australia  page.

Why invest in Australia

The Australian Government wants us to become a renewable energy superpower. This vision will enable Australia to become a global climate leader. We welcome overseas investors to help make this happen. Our fundamental strengths include:

• Abundant solar resources:  Australia’s solar radiation is about 10,000 times larger than our total energy use (Source: Geoscience Australia, Solar Energy 2023 ).
• World-class wind resources — including onshore and offshore:  Our unrivalled offshore wind potential is estimated at 5 TW (Source: Climate Council, Australia and Offshore Wind ).
• A large pool of energy sector workers who are transferring their skills to renewables:  Australia is committed to growing a strong pipeline of workers. This is achieved through the National Energy Workforce Strategy and New Energy Apprenticeships Program.
• Proximity to Asian markets:  Australia has established trading routes to supply renewable energy to customers in the Asia-Pacific region.
• Extensive mineral reserves:  Australia is one of the world’s largest producers of lithium. We have abundant reserves of nickel, zinc and other minerals that are used in renewable generation and storage technologies.  

Above all, Australia has a strong track-record of innovation. Australians invented the solar cell used in more than 90 per cent of the world’s solar panels. 

Contact an investment specialist

Austrade specialists can answer your questions on investing and finding opportunities in the Australian market.

Contact a trade adviser

Austrade advisers can answer your questions on buying from Australian suppliers and help you find the capabilities you need.

Success stories

Engie to build one of the world’s largest renewable hydrogen plants in australia.

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Incentives, grants and support

The Australian Government is supercharging the renewable energy sector with a strong offering of programs and grants. These include:

• The A$20 billion Rewiring the Nation program to provide low-cost finance to upgrade and expand the Australian electricity grid.
• The $15bn  National Reconstruction Fund is targeting up to $3 billion in funding to support renewables and low emission technologies.
• The expanded Capacity Investment Scheme to deliver 32 GW of renewable energy generation.
• Funding worth A$1.9 billion in our Powering the Regions program. This will support clean energy industries and decarbonise existing industries.
• The  Large-scale Renewable Energy Target (LRET)  incentivises investment in major renewable projects such as solar farms. A similar scheme exists for individuals and small businesses to install eligible  small-scale renewable energy systems .

solar_power Renewable energy benefits

6th globally.

6th in the world for the attractiveness of our renewable energy investment and opportunities.

Solar radiation

Australia has the highest solar radiation of any continent.

Rooftop solar

Around one third of households have roof-top solar power - the highest in the world.

Wind resources

We rival the North Sea along our vast coastal regions with average wind speeds above 9-12m/s.

• EY, Renewable Energy Country Attractiveness Index 2022
• Geoscience Australia, Solar Energy
• Clean Energy Council, Clean Energy Australia Report 2024
• DCCEEW Australia’s offshore wind areas

Strategic direction

We will support decarbonisation in Australia and worldwide, and an orderly transition to net zero.

• A stable environment for investment. The Government has legislated our net zero target. It has committed more than $40 billion to supporting action on climate change and energy. This commitment provides certainty for investors.
• Commitment to renewable energy exports. Australia is one of the world leaders in energy exports. We have the expertise, know-how and infrastructure to become a globally significant exporter of renewable energy.
• Infrastructure investment. We have a proposed pipeline of 17,000 km of power transmission infrastructure.

Industry and research ecosystem

Our thriving innovation ecosystem supports a huge pipeline of renewable projects such as the:

• Australian Renewable Energy Agency (ARENA)  funds research and development (R&D). A $2.25 billion in funding to support 663 renewable projects since 2021. More than A $7.5 billion in additional public and private sector investment.
• Clean Energy Finance Corporation  supports renewable projects and innovation with lifetime commitments of A $13 billion (as of June 2023). This includes  the Clean Energy Innovation Fund — the largest dedicated cleantech investor in Australia
• Clean Energy Council  is the peak body for the clean energy industry in Australia. It produces a  renewable energy generation project tracker .
• Commonwealth Scientific and Industrial Research Organisation (CSIRO). Australia’s national science agency plays a leading role in coordinating international collaborations and research across renewables subsectors.

Go green with Australia

Resources, expertise and innovations to help create new industries and cleaner energy for a sustainable and net zero future.

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Press Release

Secretary Granholm, Property Brother Jonathan Scott, Investors & Industry Leaders to Address Annual ARPA-E Energy Innovation Summit in Texas

WASHINGTON, D.C. —  On Wednesday, May 22, through Friday, May 24, the U.S. Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E) will host the 14th annual Energy Innovation Summit at the Gaylord Texan Convention Center outside Dallas, Texas. U.S. Secretary of Energy Jennifer M. Granholm will address the Summit from the Main Stage on the morning of Friday, May 24. 

ARPA-E Director Evelyn N. Wang will kick off the event on May 22, and a list of Main Stage speakers is featured below.

Livestream will not be available. Speaker agenda is subject to change. Media must RSVP and register here .

Main Stage Speakers

• The Honorable Jennifer M. Granholm, U.S. Secretary of Energy
• The Honorable Evelyn N. Wang, ARPA-E Director 
• Mr. Jonathan Scott, Co-Founder at Scott Brothers Global
• Mr. Rudy D. Garza, CEO of CPS Energy
• Dr. KR Sridhar, CEO of Bloom Energy 
• Ms. Molly Wood, Climate Tech Journalist and Investor
• Professor Ioannis Michaloudis, Ph.D., Visual Artist, Researcher and Academic
• Dr. Taylor Eighmy, President of the University of Texas at San Antonio (UTSA)
• Mr. Shayle Kann, Managing Partner at Energy Impact Partners

The list of Main Stage speakers will continue to be updated as the Summit approaches.

Secretary Granholm is leading DOE's work to advance the cutting-edge clean energy technologies that will help America achieve President Biden’s ambitious climate goals while creating millions of good-paying, high-quality jobs and building and inclusive clean energy economy. She has addressed Summit attendees every year she has led the U.S. Department of Energy, frequently referring to ARPA-E as DOE’s “Moonshot Factory.”

Director Wang leads ARPA-E’s development, launch, and execution of high-risk, high-reward energy research and development programs. Prior to joining the agency, Dir. Wang served as the Ford Professor of Engineering and Head of the Department of Mechanical Engineering at the Massachusetts Institute of Technology (MIT). During her time at MIT, she developed thermal management, thermal energy conversion and storage, and water harvesting and purification technologies.

Jonathan Scott is a changemaker, investor, and philanthropist who advocates for affordable housing, clean energy, and sustainable living. He and his brother Drew are Property Brothers co-hosts and the founders of Scott Brothers Global, a leading lifestyle and entertainment company producing content, consumer brands, and products. Jonathan produced and starred in an award-winning documentary, J onathan Scott’s Power Trip , which investigates renewable energy and the struggle to make it more available to families across the United States.

Rudy D. Garza is the President & CEO of CPS Energy, the nation’s largest community-owned electric and natural gas utility. He is the first Hispanic leader to hold the position. Rudy has more than 25 years of experience as a leader in the utility industry and has served in both the public and private sectors over the course of his career. Rudy successfully led the company through the approval of two rate cases in 2022 and 2023. He also led the comprehensive strategic engagement plan for Board of Trustee approval of a blended generation planning approach to power our growing community now and in the future. To deliver on CPS Energy’s mission to serve our community, Rudy developed a strategic plan called Vision 2027, a roadmap to guide CPS Energy through the rapid transformation of the utility industry.

Molly Wood is a longtime journalist turned climate tech investor. She is the founder and CEO of Molly Wood Media, a climate solutions media company, where she hosts the podcast "Everybody in the Pool." The podcast and newsletter by the same name focus on the startups, business practices, and everyday consumers who are working on real solutions to the climate crisis. Molly also scouts and advises climate tech startups as a venture partner at the investment firm Amasia. Previously, she was a managing director at LAUNCH, an early-stage venture capital firm, and was a writer and broadcaster at CNET/CBS, the New York Times, and a host at Marketplace on NPR.

Dr. Sridhar is the founder, chairman, and CEO of Bloom Energy. Prior to founding Bloom Energy, Dr. Sridhar was Director of the Space Technologies Laboratory (STL) at the University of Arizona, where he was also a professor of Aerospace and Mechanical Engineering. Under his leadership, STL won several nationally competitive contracts to conduct research and development for Mars exploration and flight experiments to Mars. Dr. Sridhar has served as an advisor to NASA and has led major consortia of industry, academia, and national labs. His work for the NASA Mars program to convert Martian atmospheric gases to oxygen for propulsion and life support was recognized by Fortune Magazine, where he was cited as “one of the top five futurists inventing tomorrow, today.”

Professor Ioannis Michaloudis is a visual artist, researcher and academic, internationally acknowledged as a leader in Art & Science, and the first researcher worldwide to apply NASA’s nanomaterial, the ethereal silica aerogel, in visual arts and design. Professor Michaloudis was instrumental in creating Coperni’s Air Swipe bag, which is the largest object every created with the nanomaterial. His career began in Paris, at Sorbonne University, where he presented his thesis on Visual Arts in 1998. After receiving a “Greek Artists” Fulbright Award in 2001, he undertook research on art and nanotechnology at MIT where he started his research on the application of the silica aerogel in visual arts.

President Eighmy is the 6th president of the University of Texas at San Antonio (UTSA) and is passionate about the critical role that research universities play in creating and applying knowledge to improve the world. He believes deeply in higher education as a great equalizer, especially when grounded in student success. Under his leadership, UTSA is producing more graduates than ever before, driving job creation and the city's growing knowledge economy. He is nationally recognized for advancing top research universities through strategic government-university-industry collaborations, public-private partnerships and community engagement. These principles are at the heart of his conviction that UTSA is “the university of the future in the city of the future.”

Shayle Kann is a Managing Partner at Energy Impact Partners, where he leads EIP’s Frontier Fund, dedicated to investing in revolutionary technologies to enable deep decarbonization. He has invested in deeptech climate companies such as Form Energy, Electric Hydrogen, Sublime Systems, and Nitricity. Prior to EIP, Shayle built and ran GTM Research, the market intelligence arm of Greentech Media, through and beyond GTM’s successful 2016 acquisition by Verisk Analytics. Shayle was also previously a U.S. Fulbright Scholar in Australia, worked on carbon markets at Conservation Services Group, and crafted regulatory policy at the California Public Utilities Commission. Shayle is a member of the Investor Advisory Board at Azolla Ventures and host of the popular climate tech podcast Catalyst.

About the ARPA-E Energy Innovation Summit The Summit is an annual conference and technology showcase that brings together thought leaders and experts from a wide variety of technical disciplines and professional communities to collaborate on how to address America’s energy challenges in new and innovative ways.

The three-day conference features Main Stage programming, thought-provoking breakout panels, ARPA-E Fast Pitches, a Technology Showcase, and a series of networking events.

The 2024 Summit’s theme is “Bolder Today, Brighter Tomorrow” and programming will focus on the need to boldly build the future Americans want for themselves and for the generations that will follow.

This will be the first Summit hosted in Texas and the largest Summit ever held, with over 400 exhibitors in the Technology Showcase.

For additional information on the 2024 ARPA-E Energy Innovation Summit, please visit the Summit website.

Press and General Inquiries: 202-287-5440 [email protected]