Energy storage team structure

What makes a successful energy storage project?

However, while the underlying technology is important, a successful energy storage project relies on a thorough and thoughtful implementation of the technology to meet the project's goals. A successful implementation depends on how well the energy storage system is architected and assembled.

Do energy storage systems perform well with a suboptimal architecture?

It is possible for an energy storage system with a good storage technology to perform poorly when implemented with a suboptimal architecture, while other energy storage systems with mediocre storage technologies can perform well when implemented with superior architectures.

How can McKinsey help you transition to energy storage?

McKinsey’s Energy Storage Team can guide you through this transition with expertise and proprietary tools that span the full value chain of BESS (battery energy storage systems), LDES (long-duration energy storage), and TES (thermal energy storage).

What is energy storage insights?

Our Energy Storage Insights team provides detailed modeling of the technology, cost, demand, and supply outlooks of all types of power and heat storage, as well as advanced analytics on revenue streams for storage.

Is energy storage a problem?

As energy demands increase, energy storage must therefore be increasingly integrated into design. In discussions surrounding renewables, the storage of this energy is often framed as a problem – a drawback. However, it is worth remembering the need to store and generate energy has driven architectural design throughout history.

What is a battery energy storage sourcing strategy?

Created a battery energy storage sourcing strategy for a renewables developer, including conducting cost benchmarks for battery systems sourced from different regions while using local incentives.