Distributed energy storage is taking off

An episode of the Interchange Recharged podcast, hosted by Wood Mackenzie, titled "Distributed energy storage is taking off" was published on June 19, 2024 and runs 18 minutes.

June 19, 2024 ·18m · Interchange Recharged

Summary

5x growth in five years: Convergent energy is overseeing $1 billion worth of energy storage development. Managing intermittent energy supply is a crucial part of the energy transition. When the wind doesn’t blow, or the sun doesn’t shine, we need a backup. Across two days of the Solar & Energy Storage summit, industry leaders and analysts explored the newest technology providing that service.  Peter Cavan is Senior Vice President of Market Development at Convergent. They finance and manage all aspects of on-site renewable energy development and operations to significantly and sustainably lower electricity bills for the industrial sector, electric cooperatives, and municipal utilities, and investor owned utilities. Peter joins us in the SESS podcast studio to discuss the future of energy storage and the trends in the market.  Convergent has over 800 MW of storage and 1 GWh of solar-plus-storage capacity operating or under development. How has their approach to storage evolved over the past decade? How are utilities integrating distributed storage into their operations? And where does Peter see the next big innovation in the sector coming from?  To wrap up our SESS 2024 coverage, we bring you everything you need to know about distributed energy storage. For more information from our sponsor Convergent Energy and Power on their industry-leading battery storage and solar solutions, please go to convergentep.com See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Episode Description