Energy Storage

Richard Baxter is responsible for evaluating technology and related business models at Ardour Capital Investments, an investment bank focused on the alternative energy and energy technology markets. Before joining Ardour Capital, Richard was the Director of Member Affairs at the Energy Storage Council where he was involved in raising the visibility of energy storage technologies for federal and state government officials. Prior to this, Richard led the electric power research at the Yankee Group, evaluating growth prospects for new technology firms and providing due diligence services to the financial industry. Richard also spent time at the Standard & Poor's DRI Energy Group where he was responsible for key environmental and electric power components of the US electric power forecasts for senior Utility executives on emerging technical and market changes. Through this work, Richard is the author numerous market and technical reports, industry journal articles, and is an accomplished public speaker. Richard has a M.S. degree in Energy Management and Policy from the University of Pennsylvania, a B.S. in History from Tennessee State University, and a B.S. in Materials Engineering from Virginia Tech.

"Energy storage has significant potential to enhance the attractiveness of renewable energy and distributed generation in our electrical system. By decoupling power production and demand, energy storage can help "firm up" intermittent renewable energy resources. As a result, energy storage can improve the ability to finance and operate renewable energy projects. In Energy Storage: A Nontechnical Guide, Richard Baxter lays out the real world options for increasing the deployment of energy storage and thereby enhancing the economic and environmental benefits of clean energy."--Dan Reicher, President "Energy storage technologies offer exciting new possibilities to increase the efficiency and reliability of electricity markets. Customers and suppliers of electricity will benefit from understanding storage technologies. There are many opportunities for energy storage to improve our electricity infrastructure. Storage can provide another dimension to electricity markets, beyond the current distribution, transmission, generation and conservation elements, leading to lower cost and more reliable electric service. (This book) provides all of us with an excellent overview of these emerging technologies and provides useful insights into the roles they can play in tomorrow's energy marketplace." --Joe Desmond, Chairman