Alexander Hogeveen Rutter | Emerging Clean Technology Lead in Developing Asia, International Finance Corporation
Description
In this conversation we will be speaking with Alexander Hogeveen Rutter who was recently leading the IFC’s market creation efforts for energy storage and green hydrogen in developing Asia, and is now spearheading private sector development initiatives for the International Solar Alliance. In this conversation we dive into the economics of energy storage technology and whether renewable energy systems paired with storage can currently outcompete coal generation plants.
Links to referenced articles:
- There is no economic case for new coal plants in India: https://econpapers.repec.org/paper/aloisipdp/21-04.htm
- Coal Plant Repurposing for Ageing coal fleets in developing countries: https://esmap.org/esmap_coal_plant_repurposing_ageing_coal_fleets_in_developi
Topics covered in this episode:
1. Insight into what sparked Alexander's interest in the energy space
2. Main costs of energy storage technologies and how these costs have evolved over time
3. Breakdown analysis of "Where is RE + Storage cheaper than coal?"
4. Variable cost of coal vs. RE + storage
5. Key hurdles that must be overcome for storage technologies to ramp up
United States
