Dr. Hilton joined IHS Markit in 2020 and has eight years of experience in the clean energy sector. He leads the global forecast for energy storage and has a particular interest in how energy storage integrates with other industries. He has recently published work on recycling, energy storage for EV charging, vehicle-to-grid technologies, second life batteries and the use of batteries in hydrogen production. He has published articles in multiple well-respected journals, responded to government calls for evidence on energy storage and electric vehicles (EVs), and has been quoted in a range of media outlets. Dr. Hilton holds a first-class Master of Engineering degree in mechanical engineering and a PhD in energy engineering with a focus on energy storage integration with renewable energy and EV infrastructure, both from the University of Southampton, United Kingdom.
11:05 am - 11:45 am
Even though the commercial and industrial battery storage market has been the subject of discussion for many years, most use cases were not economically viable because of low energy prices and relatively high system costs. Value stacking - the combination of different use cases - has been the preferred way to finance battery storage systems. In 2022, the skyrocketing electricity prices changed all of this while hitting the manufacturing industry hard. In this session, we will be discussing the challenges of the new market environment and will be showing how battery storage combined with renewable energy generation can help minimize energy costs.