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642: Rethinking Energy Storage: A Conversation with Energy Vault CEO, Robert Piconi

642: Rethinking Energy Storage: A Conversation with Energy Vault CEO, Robert Piconi

FromSunCast


642: Rethinking Energy Storage: A Conversation with Energy Vault CEO, Robert Piconi

FromSunCast

ratings:
Length:
109 minutes
Released:
Oct 19, 2023
Format:
Podcast episode

Description

On Today's Episode: It’s a foregone conclusion at this point that to reach the necessary level of renewable energy penetration on the grid that will meaningfully address climate change, energy storage is a must. All that wind & solar energy also needs to be dispatchable. And, while batteries are seen as a crucial component of energy storage systems, the limitations with today’s battery chemistries and energy densities suggest that we still need storage alternatives. Both lithium-ion batteries and pumped hydro storage currently dominate the energy storage market but they each represent challenges related to cost and environmental impact. What if we could re-think hydropower using gravity but avoiding the dramatic environmental cost?Listen as Robert Piconi, the Co-founder & CEO of Energy Vault, discusses their diverse technology portfolio that provides software and hardware energy storage solutions to meet clients’ needs from municipalities to major investor-owned utilities. Piconi and his team have reimagined energy storage by developing an innovative, gravity-based alternative. Their unique system uses eco-composite bricks for long-duration energy storage(LDES), but they readily admit that there has to be a (technology) bridge to LDES.Energy Vault's approach combines various storage technologies to fulfill diverse energy needs while emphasizing a novel software management solution that itself could be a world-class product for dispatching & balancing energy loads. Energy Vault offers a tailored energy storage solution for public utilities, independent power producers, and industrial energy users working with renewables to address the demand catalyst, climate change. Today we dig into just how this innovation came into existence, and why the industry is taking note.If you want to connect with today's guest, you’ll find links to his contact info in the show notes on the blog at https://mysuncast.com/suncast-episodes/.SunCast is presented by Sungrow, the world’s most bankable inverter brand.You can learn more about all the sponsors who help make this show free for you at www.mysuncast.com/sponsors.Remember, you can always find resources, learn more about today’s guest and explore recommendations, book links, and more than 637 other founder stories and startup advice at www.mysuncast.com.You can connect with me, Nico Johnson, on:Twitter - https://www.twitter.com/nicomeoLinkedIn - https://www.linkedin.com/in/nickalus
Released:
Oct 19, 2023
Format:
Podcast episode

Titles in the series (100)

SunCast is dedicated to providing the knowledge, research, tools and expert guidance you need to understand, grown and be ahead of the curve in the fastest growing solar markets in the world. Each week, host Nico Johnson takes you deep into conversations with solar energy industry executives from leading companies like SolarCity, SunEdison, Nextracker, Trina Solar, Conergy, Greentech Media and discovers what THEY are using to get ahead in emerging markets like Mexico, Chile, Brazil, Panama, Colombia and elsewhere in Latin America and the Caribbean. Tune in, and stay informed.