Paul Sidlo will be speaking at the The Big 5 Solar in November. He is the Co-President, Chief Strategy Officer of Xnrgi.com and he will be sharing his insight on "Why the solar industry needs a battery strategy sooner than they think?"
In your opinion, what trends are bringing solar energy solutions closer to buildings in the urban sector?
The emerging trend is the realization of the need to deliver renewable energy-generated electricity, at the point of demand, like in an Urban Sector, and even at the Grid or Micro-Grid level. The XNRGI technology enables energy density (in batteries) on demand, in high volume, to instantly provide stored energy (from renewable sources).
What is the most exciting trend in solar energy that one should look out for?
BATTERIES! Solar is an intermittent renewable. When solar is contributed to the grid, it has to be transmitted through the grid infrastructure. According to Lawrence Livermore labs, 68% of all electricity is lost in the grid in the US. Only 11% of the total amount of power sent to the grid comes from renewables. The industry, as a whole, needs to remove the intermittency, and make power available on demand, at the place of demand, in order for renewables to be able to deliver their value as the lost generator of electricity. Batteries are the only way the world will be able to resolve the demands of electricity now during the next 30 years. The IPCC states that by 2050 97% of all energy needs to come from renewables, thats 42 terawatts of electricity. Renewables are inherently intermittent, so batteries are the only way to store energy and supply demand when and where it is needed.
With regards to solar energy what should be the next steps for the Middle East?
Adopt the integration of safe, scalable, high-density battery technology, and integrate the technology into the grid and into the development of future commercial and industrial buildings, effectively developing micro or mini grids, so renewable power can be generated, stored and managed at the point of need with complete efficiency.
Who are the right people to attend your talk at The Big 5 Solar?
Anybody who is building or investing in large renewable energy generation systems.
How does it benefit them to know about your topic?
The power industry needs to understand that if large amounts of electricity, generated by renewable sources, can be stored efficiently, it will change the way power is delivered and consumed. It will enable the industry to save Billions of dollars in lost energy and lost revenues, and it will enable the world to meet its future energy demands by using renewable energy
What will be the key take away by the audience attending your talk?
Renewable energy will not be truly viable until it has a battery strategy, because it is fundamentally intermittent. If renewable energy must provide 97% of global energy demands by 2050, then long life, high density batteries, that provide considerable duration of use, must be manufactured cost-efficiently and safely, and collectively provide power at the Terawatt level. The XNRGI technology maintains all of these attributes.
About Paul Sidlo -
Ten time Emmy winner, innovator, fundraiser and entrepreneur, Sidlo has 16 US patents and has been the founder or manager of several internationally recognized firms, including REZN8.com, Tillster.com. These companies use emerging technologies for productivity solutions across a wide range of industries from transactional retail management and services to the development of solar energy systems and energy storage. Sidlo has been a consultant and strategist for corporations such as Citibank, Intel, and Microsoft Corporation. For Microsoft Sidlo Designed the XBOX UI. Windows XP, Surface and Microsofts Home of the Future.
You can hear more from Paul Sidlo on "Why the solar industry needs a battery strategy sooner than they think?" at the Solar Talks on 26th November, 12:00 - 12:45.