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Renewables
Laurent Segalen
Laurent Segalen
Top Contributor
 · Posted in Renewables

111. The Grand Master of Energy Storage - Redefining Energy podcast

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In the past 5 years, we have seen an incredible rise of Energy Storage on numerous Grids. Those markets, whether in Europe or in the USA, have been created by the magic formula where entrepreneurship blended with new technology.

 

For Laurent and Gerard, there is not better guest to discuss the phenomenal growth of the ESS than Dr Alex O’Cinneide. Alex is the Founder and CEO of Gore Street Capital, a London based fund which now manages a portfolio of 1.2GW of batteries in GB, Ireland, Germany, Texas and California. Seven years ago, he was working out of a telephone booth with his laptop on his knees.

 

Alex explains the value of a geographical portfolio approach, how tech is evolving, how supply chains are reacting, what is similar and what is different in all those markets.

 

An energy transition story which is also a personal journey of a very talented entrepreneur whose success has been recognised by the Industry as Alex has been recently received the prestigious “Man of the Year” award by Solar Media.

 

Alex describes the investment in batteries (compared to wind or solar) as the most challenging, but also the most important and rewarding.

 

And as we say on the show, it is all about harnessing “space and time” or in a more market angle “Long Flex – Short Vol”

 

 

 

This Episode is powered by AXPO, a leader in renewable energy trading

 

 

 

 


 

The Energy Storage Summit (21-22 February, London) is the biggest, busiest, and most innovative networking event for energy storage, uniting stakeholders to exchange knowledge, learn and establish crucial industry connections. Taking place at the Novotel London West in Hammersmith, the Summit has become Europe’s annual must-attend energy storage event for the entire value chain. You don’t want to miss this one – book your ticket using code RE15 for a 15% discount. Following two sold out editions, we expect the same again in 2024. Don't miss your chance to hear directly from innovators spearheading change and make your mark on the rapidly evolving energy storage industry.

 

https://storagesummit.solarenergyevents.com/tickets/

 

 

And to finish, a message from the Compliance guys at Gore Street.

 

“Upon review of the content of the podcast, we will need you to include a note in the text accompanying the podcast to include the following:

  • GSF is among the largest energy storage owners, including utilities, when judged on geographic spread – GB, Ireland, Germany, Texas and California. 
  • Around 3% of GSF’s Irish revenue is accrued by trading 5 MW from a 50 MW project. 
  • Gore Street Capital has 45 employees, plus contractors. 
  • GSF does not yet have operational assets in Scotland and future performance is yet to be determined. 

This is needed to clarify a few of the points in the conversation to ensure the content is not misconstrued by listeners.”