Financing Battery Systems, Part II

Tackling battery system commercialization

To understand battery system risk, we must first separate project requirements from battery system requirements. Then it becomes possible to systematically evaluate the impacts of a technology's security, supply chain, and performance on a project. From Linda Maepa's battery system risk and quantitative assessment class, CPC 603 at Renewable Energy World 2015. Link

I published a short post on LinkedIn about a structural challenge in renewable energy, specifically energy storage. In summary, advanced energy storage has been in development for decades now, yet we are still seeing non-economic deals and demonstration projects. I’ve written before about the information asymmetry in this industry and while opportunities can abound under such a scenario, in this case, it is limiting opportunity. It is well past the time to fill-in the information gaps that exists on both sides of the energy storage developer-finance relationship so that we can accelerate commercial deployments of battery systems and other promising emerging energy technologies.

In the battery sector, bridging the information divide means developers and financial decision-makers need to candidly address performance, technical risks, and the economics of battery systems in language that is accessible and actionable by each party. For this reason, I have spent much of my time recently as a technologist wading into the deep waters of finance.

At this year’s Renewable Energy World, I will be teaching a new course, CPC 603 Battery System Risk and Quantitative Assessment. Follow the link to register, but here’s a breakdown of what you can expect to take away from it:

  • The ability to identify, filter, and analyze project-technology fit using a techno-economic model
  • A solid introduction to key battery system concepts
  • An understanding of battery system performance, value creation, and costs
  • Straightforward guidelines on creating/assessing project requirements and battery system requirements
  • Risk allocation strategies grounded in technical realities and project participants’ capabilities
  • Quantitative and qualitative arguments to back-up your project justification or negative report

Please share this post (and the class info) with anyone you believe would benefit from this course!


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