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Many companies are investing in on-site distributed energy resources to harness renewable energy and reduce the impact of their operations. For companies with critical loads, these broad sustainability efforts often fail to account for how to keep the lights on during a power outage. While these grid-connected assets can minimize energy costs under normal conditions, they become inoperable during a power failure – risking major losses for bottom lines.
Lisa Laughner, CEO and founder of Go Electric, Inc., discussed the business case for corporate energy resiliency investment based on lessons learned from deploying storage-backed microgrids across the United States. By packing the benefits of energy resiliency and security with lowering energy costs under a single umbrella, corporate actors can effectively design their sustainability investments with zero operational downtime. Lisa draws from her experience working with the Wells Fargo Innovation Incubator (IN2), a technology incubator and platform funded by the Wells Fargo Foundation and co-administered by the National Renewable Energy Laboratory (NREL) that speeds the path to market for early-stage clean energy technologies. She was joined by Ramsay Huntley, Vice President of Clean Technology and Innovation Philanthropy Program Officer of Wells Fargo to lend his insights. To conclude the session, Lisa identifies the following takeaways to the audience:
• The role of microgrid technology in preventing sustained economic loss
• Monetizing energy storage assets for long-term payoffs
• Key differences between energy efficiency and energy resiliency capabilities
• External benefits for community resiliency and sustainability
• Lisa Laughner, CEO, Go Electric Inc.
• Ramsay Huntley, VP of Clean Technology and Innovation Philanthropy Program Officer, Wells Fargo