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You have to Rethink energy markets, to make batteries work – literally

Our entire thesis at Rethink Energy is that change happens in a funny way. It begins with a trickle of deals, more people get exposed to them, understand how they work, profits are taken, and slowly momentum grows. And then watch out – mayhem. The energy markets have not had anything like this since the arrival of nuclear in the 1950s. Part and parcel of those changes are sweeping aside regulations that used to make sense, but in the light of new ideas, no longer do so. Disruptive innovation is best defined as something that is half as good for a tenth of the price. There is a long way to go before renewables are a tenth of the price,…

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