Battery Storage Has Passed the Tipping Point | Mark Duxbury, iWell

Well, that is a comprehensive solution that you've got there.

And I love the thoroughness and the clarity that it seems that you're able to bring to people.

It's taken them step by step through that process.

If I can ask another follow-up question on that to get even more specific, what are the typical problems that your clients are coming to you with? What is the problems that are arising and why are they coming to you? So

following on from the trend that has, I guess, made us successful in the Netherlands initially where we're headquartered, grid constraints is a growing problem here in the UK.

The Dutch market is an absolute basket case when it comes to grid constraints.

There's no excess power to go around.

A lot of building works can't be done because there's just not the power to give them.

And the UK is moving in that direction.

It's not to that level yet.

We're seeing pockets now across the UK of grid constraints that are really... hampering business expansion.

So to use another example, we work heavily in the EV charging area.

So particularly for high powered DC chargers, we're really strong with electrification of fleets.

One of the concerns that they have is, yeah, we electrify all our vehicles, we electrify all our trucks.

That's sort of growing a bit of pace here in the UK.

I was at an event last week where it's clearly electrification of trucks is really come into the front of mind but it's okay we've got a site that's run some lights some computers some fridges in the kitchen for the last 50 years and it's worked really well you've got a cable coming in that's this big okay we want to put in four eight high power dc charges we just cannot get the power into sight actually two points if you can get the power it may be incredibly expensive to do that sometimes upwards of a million pounds to get a new connection but that's if you can get the power.

And often we're seeing now the DNO turning around and say, there's just not the spectre of assency on the network.

So they have to look for another option, and one of those is battery storage.

So feeding the battery at times where they're not needing to discharge to their trucks, but then also providing that high-powered charging when they come and plug it, but still utilizing that small existing grid connection.

That's probably the main one.

Grid constraints is a growing problem, and I think as we electrify and the transition continues, RECs only going to get worse.

Awesome.

Well, I really think you've laid out there the solutions, the problems, kind of what you guys do.

And I think it's given everyone a really clear picture of that.

And, you know, I agree in terms of as we expand going forward that with the grid upgrades happening or not happening at the pace that they require, that battery energy storage system is a really, really great solution, you know, as we see it work across a lot of Europe and you know potentially more established markets it's tried and tested that it's a solution that works and it is the kind of the future of supporting the grid and the expansion in terms of like your leadership through all that because you're managing here I'm assuming a lot of different stakeholders you're with the BNOs you're also then in different sites you're with customers expectations of all these different people also with variables that sometimes are on time, sometimes are not on time, sometimes you're in control of them, sometimes you're not in control of them.