Grid stability demand to thrive on global scale. Up to now conventional power plants offered system services required to stabilize the electricity grids (so-called control reserve). Wind turbines and PV installations are not able to provide them. On the contrary, their intermittent generation has a destabilizing effect on grids. As conventional power plants are being shut down due to regulatory and economic reasons, the demand for alternative solutions is growing in Europe and North-America. Asia is expected to catch up and become the largest grid stability market by 2025. The global demand is expected to grow at 24% CAGR and reach 24 GW by 2025.
Uniqueness, Technology overview, barriers to competition
Adaptive’s technology benefits from a strong home market for its product launch. Targeted customers in the central European entry market can generate up to 200% of additional annual revenues by integrating FlexPower in their existing assets. The strong commitment of German strategic partners demonstrates the traction. Following its expansion across Europe (Estimated SAM exceeding € 2.5 bn. by 2025), Adaptive starts the Roll-Out-Phase in the North American interconnected grid market, followed by Asia. Additional market upsides are in Microgrids, the Mobility sector (Truck and Rail) and in Uninterruptible Power Supplies.
Market size and analysis
A versatile team for a new technology. The four founders, Dr. Hendrik Schaede, Nicolai Meder, Sebastian Golisch and Christian Schäfer, all with deep insights into the technology itself and its market, know each other since 2012. Led by Hendrik Schaede, the group achieved the world's first functional demonstration of the technology in 2013 at Technical University Darmstadt. The team is supported by an experienced Advisory Board. The company owns the know-how and IP on the flywheel and its integration, the freedom to operate is given.
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