Oliver Schmidt

Grantham Institute - Climate Change and the Environment

​South Kensington Campus

Imperial College London

London SW7 2AZ, UK

tel: +44 79 345 487 36

e-mail: o.schmidt15@imperial.ac.uk

LinkedIn: www.linkedin.com/in/oliver-schmidt/

Combination of historic price with deployment data for 12 electricity storage technologies. Resulting experience rates enable future projection of investment cost. Results published in Nature Energy

Review of global and UK studies on electricity storage and flexibility capacity requirements in low-carbon power systems. Derivation of two approaches for system planners. 

Elicitation of expert estimates on future cost, lifetime and efficiency of lithium-ion batteries and electrolysers. Special focus on cost reduction drivers. Results published in Energy Policy and IJHE.

Quantification of  renewable electricity production that can be used for electricity consumption as function of renewable penetration, solar vs. wind ratio and electricity storage.

Collection of cost data for lead-acid batteries back to the 1880s. Analysis of long-term cost reductions yields insights on potential development for more recent storage technologies like lithium-ion. 

Impact of electricity storage on carbon emissions in the British power sector up to 2060. Calculation of marginal abatement cost curve for various storage technologies based on investment cost projections.

Analysis of cost associated with raw material inputs for storage technologies. Insights on absolute cost floor for current technologies. Results published in Nature Energy (Supplementary Material). 

Review of revenue potentials for electricity storage across applications and geographies. Matching it against projected lifetime cost reveals three sweet spots for electricity storage profitability. 

Quantification of lifetime cost for 9 technologies in 12 applications from 2015 to 2050. Insights on competitiveness of each technology in each application. Results published in Joule

Impact of policy measures on the business case for behind-the-meter storage in the UK. Special focus on enabling benefit-stacking of bill management, energy arbitrage and peak reduction.  

LCOS analysis for novel gravity-based electricity storage technologies in bulk storage and frequency response applications. Results published in Storage Lab reports.  

Insights from technology providers and market enablers on availability and suitability of electricity storage technologies in energy access applications. Results published in Shell report and ESD