PESTLE and Grid-Scale Energy Storage
I’ve been thinking about energy storage recently, and what may affect the industry in the coming months and years.
PESTLE is a framework for analysing external factors that can affect an organisation or an industry. It’s an acronym that stands for Political, Economical, Social, Technological, Legal, and Environmental.
Below is a quick outline of grid-scale energy storage, followed by a PESTLE analysis of the industry.
Grid-Scale Energy Storage The transition to renewable energy sources is also a transition to intermittent ones. Already solar farms and wind turbines at times have to be temporarily shut down because they’re creating too much clean, cheap energy, when there is no-one needing to use it. This is known as spill, and it is, of course, a total waste.
