“The UK’s £960m Green Industries Growth Accelerator (GIGA) fund is a good step for #renewables. But, the 45% levy on profits for large-electricity generators will dissuade investment, at the very moment it’s needed.” @JeffDraperSE#COP28#autunmbudget#giga
"Every one of the problems the author comes up with (@Telegraph) is certainly true, but every one of these problems is also completely addressed by Kelly's conclusion - that we need a 'gigantic store of green hydrogen'”. @JeffDraperSE https://t.co/TpDD7Y02sD
"I maintain that #hydrogen is an excellent storage vector and terrible transmission vector & #electricity is an excellent transmission vector and terrible storage vector. So, hydrogen needs to be stored, not transmitted. That's the future." @JeffDraperSE
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Are we facing a dual #energy shock? Gas prices have surged 35% since October 7th, with fears #oil could rise to a record $150 a barrel. #israelconflictgaza https://t.co/qbGUpedfWL
In 2011 @JeffDraperSE, working in #tidal energy had an idea around CAES, that led him to form Draper Renewable Energy & Mass Storage Ltd. That company eventually became @Storelectric. It’s good to see this #renewable#energy source making headway at last. https://t.co/Bw97FkT4ha
Johan Lundgren, the chief executive of easyJet has a vested interest in #hydrogen becoming the fuel of the short-haul aviation industry. His comments (in today’s Times), none the less, highlight the need for urgent infrastructure planning. https://t.co/FHle3w7VI2
“If geologically possible, long-duration storage could be developed alongside #wind farms. Communities embrace renewable #energy projects (Feldheim, Germany & the Osney Lock Project) if they’re beneficial & landscape sensitive”. @JeffDraperSE https://t.co/Z5niSRoGu8
Announcement: Storelectric Develops New Market Opportunities in Uzbekistan. Following a meeting with the Deputy Minister of Energy, Akmal Jumanazarov, Storelectric have been invited to tender for Uzbek’s next clean #energy storage project in the autumn. #RenewableEnergy
With last year’s reboot, Storelectric is moving forward! We’re driving the market with ESG compliant projects, and strengthening our core team with expertise, experience and a 'can do' ethos. Watch this space. This photo is from our annual strategy conference in Canary Wharf.
The Storelectric Annual Strategy was held at our London offices. In the last year the Storelectric team has grown in number and skill set. The expanded team reviewed the year's successes at the Canary Wharf offices and strategised the new projects, scheduled for 2024 and beyond.
Great to have been part of this panel, we will drive change & we will make a difference in the fight for our #planet#ClimateAction Go to our website for more info.
Our May newsletter is up! Our CTO rounds up the latest industry & Storelectric news with @MarkHowittSE discussing the key #energy industry developments, inc the latest UNECE report and the impact of the growing global race to subsidise #green tech. https://t.co/2SNvRBpiYl
“Implementing #green policies and investing in #energy storage infrastructure could have helped Germany mitigate the impact of high #energyprices and #gas shortages, potentially preventing this recession.“ @TallatAzadSE https://t.co/UbHZqchsqA
“The key to this trial is that #hydroelectricity is used with the #wind. The natural inertia of #hydro provides momentum, enabling the re-started grid section to power adjacent sections. It’s like a car towing another with a rope.” @MarkHowittSE https://t.co/loQtq8Vzkd
New York is putting itself on a war-footing. It's also what the protestors were doing at the #Barclays Bank AGM. So, who’s the enemy? It's the status quo, peddled by oil & gas industries & companies like Barclays. There are alternatives - #caes & #hydrogen storage. #Climatechange
“As @GretaThunberg says, we need to treat #climatechange as a war. We need to act now to transition to #green tech - no ifs & buts. You can’t say 'we'll deal with it in 10 years'. New York has put itself on a war footing. Bravo!”@JeffDraperSE@guardian https://t.co/GWWUta6Wk0
In our April newsletter, @MarkHowittSE, Storelectric's CTO outlines the key industry developments driving the #energymarket this month, including the Royal Society's study into large-scale #electricity#storage and the UK’s #wind#energy tsar's new report: https://t.co/fvETdRDCww
“It may need a #SouthAfrican experience to put #storage front of the agenda. #Blackouts, economics crisis. Will we download an app (like the NHS Covid app) too, alerting us to imminent blackouts? It's the route we're currently on.” @JeffDraperSE https://t.co/KXUUqlQxUE
“Long-duration storage technologies can address the issues raised by Mr Dimon. Alleviating the need for domain seizures. As the debate over #energy policy heats up, we must explore all solutions, inc regulatory reforms & tech innovations." @TallatAzadSE
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In our March newsletter, @MarkHowittSE, analysis's the latest developments in the #energymarket, including taking a closer look at the recommendations of the Hydrogen Champion report. Sign up to our newsletter & Mark's monthly analysis: https://t.co/RBN33LDChe