Monetizing Energy Storage

Oliver Schmidt works as management consultant in the clean energy industry. He has previous experience as project manager at the strategy consulting and financial transaction advisory firm Apricum, where he supported top management with strategic advice in the energy storage, solar PV and hydrogen industries. Oliver also worked as an energy analyst at the International Energy Agency and as a management consultant at E.ON. He has a PhD on the future cost and value of energy storage from Imperial College London. His background is in mechanical engineering and renewable energy, which he studied at Imperial and the Swiss Federal Institute of Technology (ETH).Iain Staffell is a multi-disciplinary scientist holding degrees in Physics, Chemical Engineering and Economics. He is a Senior Lecturer in Sustainable Energy at Imperial College London, and previously worked at the University of Birmingham and Imperial College Business School. He has taught for ten years and authored 100 papers across energy economics, engineering, and energy systems modelling. He champions open-source science and is a developer of the Renewables.ninja, Demand.ninja, and EnergyStorage.ninja web platforms.

This book by Schmidt & Staffell is sure to be a game-changer for professionals entering this space. It provides the groundwork to understanding technologies, applications, cost developments, revenue potentials and conducting own assessments and comparisons. This is essential for me as an investor to navigate this complex, fast-paced energy storage industry.

• 1: Introduction: Looking at the big picture 2: Energy storage toolkit: Separating the wheat from the chaff 3: Technologies and applications: Entering the maze 4: Investment cost: Projecting cost developments 5: Lifetime cost: Performing cost assessments 6: Market value: Making money 7: System value: Making sense 8: Methods: Doing it yourself