Energy storage installations around the world will reach a cumulative 358 GW/1,028 GWh by the end of 2030, more than twenty times larger than the 17 GW/34 GWh online at the end of 2020, according to the latest forecast from research company BloombergNEF (BNEF). This boom in stationary energy storage will require more than $262 billion of investment (to 2030), BNEF estimates.
…But There Are 3 Big Problems
Better Visibility + Better Control = Better Outcomes
Conventional battery management architecture is a static and treats each cell in pack as forever identical. Battery power is controlled with a centralized system. Element Energy’s BMS architecture is distributed and adaptive with power conversion dedicated to each individual module, enabling real-time (cloud-based) monitoring, diagnostics & control at the same or lower cost as conventional battery management + power control systems.
CONVENTIONAL BMS
Conventional Battery Architecture
Single MW-scale Power Conversion
All Modules Controlled Identically
BMS POWERED BY
Element Energy Architecture
Distributed kW-scale Power Conversion
Each Module Individually Controlled
Safer
Longer Lasting
Higher Output
across all large format battery use cases

Element’s BMS system can be deployed across all large-format batteries: 

SECOND LIFE BATTERY STORAGE
FIRST LIFE BATTERY STORAGE
ELECTRIC VEHICLE INTEGRATION
Sergej Mahnovski
Sergej Mahnovski

Edison International

Sergej Mahnovski is Managing Director of strategy, technology, and innovation at Edison International (EIX). He leads Edison’s corporate ventures and strategic planning teams, and is focused on identifying disruptive technologies and business models to achieve carbon neutrality in California through clean energy, electrification, and reimagining the grid. 

Sergej previously served as the Director of the Utility of the Future team at Consolidated Edison. He also served as the Director of the Office of Long-Term Planning and Sustainability and head of energy policy for NYC Mayor Michael R. Bloomberg, where his team was responsible for developing and managing citywide energy, sustainability, and resilience strategy (PlaNYC) and was awarded the Citizens Budget Commission Prize for Public Service Innovation. Sergej has served as Adjunct Associate Professor at Columbia University’s School of International and Public Affairs. He was previously Director for the Global Power Group at IHS CERA and Doctoral Fellow at RAND Corporation. 

Sergej holds a B.S. in Chemical Engineering and B.A. in History from Stanford University, an M.S. in Chemical Engineering from UC Berkeley, and a Ph.D. in Policy Analysis from the Pardee RAND Graduate School.

Tim Woodward
Tim Woodward

Prelude Ventures

As Managing Director of Prelude Ventures, Tim builds on over 25 years of venture capital investing experience working with talented entrepreneurs who want to change the world. Previously, Tim was a Managing Director for 15 years with Nth Power where he led investments in companies involved in renewable energy, demand response, advanced materials and outsourced utility customer management. He was the lead investment partner for that firm’s successful investments in Evergreen Solar (ESLR), Comverge (COMV) and Proton Energy Systems (DESC). Prior to entering the venture capital business, Tim was involved in the launch of First Source, a company providing industrial solvent recycling services. He received his MBA with honors from The Anderson Graduate School of Management at UCLA and a BS in Resource Economics from UC Berkeley in 1982.  He currently serves on the board of directors for LevelTen, Encycle, MineSense, Powerhive, Voltus, LuxWall, Terabase and Pyka and he has oversight for Prelude’s investments in Element Energy, Recurrent and Solidia. 

LET’S WORK TOGETHER

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