A presentation by the Energy Thematic Group
With increasing levels of renewable energy on the grid, energy storage is fast becoming a necessary new asset class. Most applications of energy storage are variations of that theme – integrating intermittent renewables. There is still no single battery for all applications as yet. The market is broadly divided into two segments: (i) short-duration storage of up to 4hours, where Lithium-ion batteries dominate: and (ii) long-duration storage, where full-blown technology competition between wildly different designs is still undecided. The presentation will discuss the technology and economics of stationary energy storage, the most promising technologies for future long-duration storage, and IFC’s infrastructure business in the sector.
Speakers:
- Peter Mockel is a Principal Industry Specialist at the International Financial Corporation (IFC) of the World Bank Group. He focuses on energy storage for emerging markets. Previously CTO with a Berlin-based smart electricity metering start-up, and with more than 10 years in telecommunications with Deutsche Telekom AG as VP Strategy Development and SVP R&D, and in consulting with Booz, Allen & Hamilton.
He is the co-author of “Applied Technology and Innovation Management” (Springer 2010) and “Technological Trends in ICT” (Springer 2012). Peter holds a B.A. (Hons) and M.A. in Computer Science from Cambridge University, and an M.Sc. in Software Engineering from TU Aachen, Germany.
Moderator: Charles Feinstein, 1818 Energy TG
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