Energy Seminar – TT25 Week 7: Battery Energy Storage Systems… There’s an App for that!
Peter Bance
- Start Tuesday 10 Jun 2025 5:00pm
- Finish Tuesday 10 Jun 2025 6:15pm
- Venue School of Geography & the Environment
- Postcode OX1 3AN
THIS IS AN IN PERSON AND ONLINE EVENT
Data-driven solutions are essential for green energy infrastructure
Summary: In a world powered by renewables, battery energy storage systems (BESS) are emerging as the ‘must-have’ asset class that will hold things together – bridging the physics of grids and the economics of markets. And with the associated operational & financial complexities of batteries comes the necessity (and the opportunity) to harness the power of data-driven software solutions. Rapid advances in AI/ML and in digital infrastructure are enabling these green energy infrastructure assets to be relied upon as ‘the new normal’ around the globe. A real-world example of this will be unpacked to help showcase hidden complexities and sources of value that be created through technology.
Speaker: Following a doctorate in Physics from Oxford University as a Rhodes Scholar, Peter’s private sector career has focused on building high growth ventures commercialising technology in the green energy sector. He was CEO of an electrochemistry spin-out from Imperial College London (Ceres Power) which he took public on the London Stock Exchange, ultimately attaining a >$1Bn unicorn valuation. He then worked with Octopus Investments as Entrepreneur-in-Residence, across their activities in venture capital and energy projects. He is now founder and CEO of a software company called Spine, providing the digital backbone for AI-driven renewables, specialising in BESS. In parallel with his career in industry, Peter has held a number of board roles as a non-executive director, observer and advisor at quasi-public organisations, including the Energy Systems Catapult and the Energy Research Partnership.