Michael Phelan, CEO of GridBeyond, explains how his company is optimizing large energy assets — from batteries to thermal plants — to keep the lights on without fossil fuels. Phelan also reveals the story behind the world's first hybrid battery and demand network, and why Samsung Ventures just placed a major bet on GridBeyond's expansion into the US, Australia and Japan.

0:00 - Intro

1:15 – What is GridBeyond?

2:50 – Recent investment by Samsung Ventures and capital deployment

3:30 – Integrating AI into energy storage systems

7:02 – Extending the life cycle of current energy grids

8:51 – The biggest challenges facing the energy storage sector

10:11 – Operating in multiple jurisdictions

13:03 – Motivation behind creating an energy storage company

13:44 - Outro

________________________________________________________________

Some links may be affiliate links. Investing News Network may earn a commission at no additional cost to you.

________________________________________________________________

The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.