An interesting and snappy look at some of the key essentials needed to succeed in the stationary energy storage sector. As is ever the case, straying too far from the basics and the obvious can lead to failure. Here are the thoughts of an investor.
Ingredient No 1: Remain flexible – be able to adjust swiftly to changing market conditions One of the key advantages of energy storage is the vast amount of use cases it can serve. This is in contrast to, for example, solar, which is targeting basically one major use case – squeezing as much energy as possible out of the sun. But the high number of addressable use cases makes energy storage an extremely complex animal, as for each use case: