Philip Gladek is a self-taught engineer with a background in business strategy. In 2012, he came to the Netherlands to help his sister start Metabolic, a consulting and venture building company that applies systems-thinking to tackle global sustainability challenges. In 2015, Philip founded Spectral, a leading smart energy technology company focused on accelerating the sustainable energy transition, where he is currently CEO / CTO. Over the past eight years, Philip has led Spectral's team to develop and scale up cutting edge solutions for integration of battery storage systems, renewable energy assets, and other sources of flexibility to enable the deployment of virtual power plants and smart grids.
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.