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Entrepreneurial Opportunities in Energy Storage
Date: February 08, 2014
Entrepreneurial Opportunities in Energy Storage. Caltech Entrepreneurs Forum. To supply instant energy to meet our needs, utilities are required to generate enough energy on the fly. Renewable energy presents us with several problems, including intermittency due to atmospheric conditions (e.g. at night, on cloudy days or when the wind is not blowing). Being able to store energy and deliver it as needed has many benefits: the ability to adapt to sudden changes in supply or demand, increased grid efficiency and a reduction in distribution-related issues. The question clearly becomes how clever start-ups and small companies can bring technologies to market; which can store large amounts of energy at attractive prices, and then gain market share to attract the attention of large companies interested in forming partnerships or, perhaps, to be acquired or go IPO. See
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