Led by Wood Mackenzie’s storage research practice in partnership with Wärtsilä, this 90-minute virtual session will break down the technology and design innovations and strategies the Finnish storage powerhouse is implementing to minimize exposure to a myriad of risks, as systems get bigger and bigger, with longer discharge durations.

The scale of upcoming in-front-of-the-meter storage projects will grow exponentially over the next two years. Some of these projects will take over for gas plants; others are designed to make use of an overabundance of solar energy, turning it into peak power and thereby obviating the need for more gas peakers. 

But with greater system size, comes greater risk. And risk comes in many forms: financial and technology/warranty-related, as well as those derived from potential delays in construction and interconnection. No other stakeholder is more exposed to these risks than the system integrator. 

Speakers

Andy Tang
Andy Tang
Vice President, Energy Storage, Wärtsilä

Andy Tang is the Vice President - Energy Storage and Optimisation for Wärtsilä. He has nearly three decades of experience in business development, strategic planning, corporate finance and M&A transactional experience. He’s been at the forefront modernizing the electric grid including leading Pacific Gas and Electric Company’s upgrade to digital wireless SmartMeters. Andy holds a Bachelor of Arts degree in Mathematics and Economics from Wesleyan University where he was awarded the White Fellowship. In addition, he studied International Economics and History at the London School of Economics, United Kingdom.

Daniel Dedrick
Daniel Dedrick
Director, Project Technical Service, Clearway Energy
Mitalee Gupta
Mitalee Gupta
Senior Analyst, Energy Storage, Wood Mackenzie

Mitalee Gupta is an energy storage analyst at Wood Mackenzie Power & Renewables - formerly GTM Research, where she focuses on supply chain analysis of the global storage market. Prior to joining GTM, Mitalee worked with Utah Clean Energy, on energy storage, electric vehicles and energy efficiency policy and rate design issues in the southwest region. She has also worked with United Nations Development Programme in the past. Mitalee has a Masters of Environmental Management from Yale School of Forestry & Environmental Studies, and pursued her Bachelors in Environmental Engineering from Delhi, India.

Risto Paldanius
Risto Paldanius
Vice President, Americas, Wärtsilä Energy

Risto Paldanius brings 20 years of experience from different fields of the power generation industry—at Pöyry as a consultant and project manager, at General Electric conducting Energy Services sales in North Europe, and Fortum as a Key Account Manager for the largest industrial Finnish electricity consumers. He’s worked at Wärtsilä Energy Solutions the past nine years as Head of Advisory Services, conducting power system and feasibility studies, then as the Europe & Africa Area lead, and most recently leading the Energy Storage and Optimisation Business Development and Proposal teams. Now as VP, Americas, he leads the Americas regions for Wärtsilä Energy. Risto has a Master of Science degree in power plant engineering from Helsinki University of Technology in Finland.

Jason Knedlhans
Jason Knedlhans
Director, Energy Storage Solutions, Able Grid
Daniel Finn-Foley
Daniel Finn-Foley
Head of Energy Storage, Wood Mackenzie

Dan is the head of the Energy Storage team at Wood Mackenzie (formerly GTM Research), where he focuses on front-of-the-meter energy storage applications. He previously worked as a Senior Consultant with DNV GL where he focused on competitive energy markets and the intersection of emerging energy business strategies within the broader evolving technological and regulatory environment. Prior to DNV GL Dan worked with Navigant Consulting and the Department of Energy.

Dan has 10 years of experience in the energy space as a researcher, consultant, and analyst. Dan holds a Master’s of Mechanical and Industrial Engineering degree from the University of Massachusetts Amherst Wind Energy Center and a Bachelor of Science in Mathematics-Physics from Brown University.

Agenda Themes
  • Managing upstream supply chain risks as projects surpass the 100 megawatt-hour mark
  • How system integrators are minimizing mega-storage risks
  • The impact of technology innovation and finance strategies
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