Company - Storelectric

The Storelectric Team

We’re solving the problem of intermittent renewable energy through longer-duration grid-scale energy storage with our world-class management and advisory board, and international strategic partners.

Trevor Bailey

Chairman

Over 30 years senior executive experience in the power generation industry.

Trevor is an experienced strategic operational leader who has shaped product and operational thinking within the world’s leading manufacturing companies.

Prior to joining Emerald Operating Partners, Mr. Bailey served as General Manager at General Electric, Power Division.

Prior to that, he was General Electric’s Integration Leader for the 13 Billion USD acquisition of Alstom Power, inclusive of all of Alstom’s steam activities. The transaction was the largest acquisition in GE’s 125-year history.

As a Vice President of Alstom Power, Mr. Bailey was responsible for taking the group’s core Steam Turbine Retrofit business from a start-up to a business with over $1 billion revenues back in 2012.

Mr. Bailey’s career began with GEC, commissioning & constructing large power generation equipment and plants, which included leading the construction of the power island at the UK’s flagship Sizewell ‘B’ nuclear power plant.

BOARD

OF DIRECTORS

Jeff Draper

Founder

Expert in UK renewable energy infrastructure and strategy.
Joint Honours degree in Mathematics and Physics at MINST.
Chartered Accountant

Jeff is leading the corporate, financial and trading side of Storelectric, and the hydrogen technology.

He is partner in an accountancy firm specialising in audit, and built up and sold an award-winning 70-branch enterprise from 1997-2005. He has also built up his own property portfolio of over 30 commercial units.

Jeff has extensive experience in the preparation and management of annual budgets for large companies, monthly management accounts/forecasts and profitability analysis, raising finance and exit routes, and a proven track record in business development.

Jeff’s combination of both strong financial and scientific skills and experience gives him a valuable and rare insight into the financial and scientific factors that need to be overcome to make present-day renewables projects commercially viable.

Mark Howitt

CTO and co-founder

United Nations (UNECE) Energy Expert
Regular consultee to the British energy ministry, regulator and National Grid.
Member of the UK advisory team to the IEA (International Energy Agency).

Mark leads the technical and operations side of the business, and thermal storage technology.

As well as a United Nations (UNECE) expert in energy transition strategy, technologies, economics, regulation and politics, Mark is a member of the Energy Storage Steering Group of the Renewable Energy Association.

He is also a member of the Chartered Management Institute, and Institute for Enterprise & Entrepreneurship, and has a joint honours degree in Physics with Electronics at UMIST.

A dynamic and experienced business consultant and senior manager with a proven track record of success within many market sectors and functions, Mark has a track record of success in strategic planning, operational leadership, business improvement, R&D, marketing, manufacturing, procurement and supply chain, sales and capital investment.

Mark set up three business units for Bombardier Transportation in non-destructive testing (for which he initiated and managed the R&D), workshop engineering and logistics.

He was SME Project Manager of an EU-financed R&D and commercialisation programme, and an advisor on retaining intellectual property for renewable energy. He also works as an innovation, marketing and management consultant primarily in renewable energy, energy storage, electrical products and chemicals.

Tallat Azad

Managing Director

BSc (Hons) in Mechanical Engineering
Chartered Engineer and Fellow of the Institution of Mechanical Engineers.
Previous executive management role in 100M€+ turnover business

Tallat leads the management and commercial activities of Storelectric, and the CCGT CAES technology.

He previously held an R&D role at GEC Turbine Generators, spending the first 5 years of his career in the R&D department of the Turbo-generator unit.

He moved to ABB Power Generation in Switzerland as a Product Manager for turbo-generators, followed by the business development of a new business unit selling turbo-generators worldwide to non ABB prime movers. This business was merged with the equivalent in ALSTOM during the merger with ABB in 1999 and Tallat was then given the General Management role for both units.

Following a year as Director of a new Compressed Air Energy Storage development programme, Tallat joined the Steam Turbine Retrofit Business as Director for the newly formed Integrated Retrofit group. As a member of the executive management team he was instrumental in the development of this new group since its inception, growing it to over a 100 employees and a turnover of over 100M€.

ADVISORY

TEAM

PROFESSOR STUART HASZELDINE OBE

Geotechnical Advisor

Appointed OBE for services to climate change technologies.

Professor of CCS at the University of Edinburgh School of GeoSciences; ranked 6th in world for Environment & Ecology behind five US institutions. Currently researching geological storage of CO2 in the context of climate change. Elected Fellow of the Royal Society of Edinburgh in 2003. In 2011 awarded the global William Smith Medal of the Geological Society for global excellence in Applied Geology. In 2012 appointed OBE for services to climate change technologies.

PAUL DAVIES

Advisor to the Board

Paul has many years of experience in the financing and structuring of major infrastructure.

Former Senior Partner, PwC Corporate Finance, and senior investment banker in project finance at HSBC. He initiated the Green Deal Finance Company to enable government policy, was instrumental in the financing & corporate structuring of Carbon Capture and Storage , the Channel Tunnel Rail Link, the widening of the M25, London Underground PPP and many other deals.

SIMON MAYCOCK

Advisor to the Board

A graduate engineer from Imperial College London and former senior executive in Alstom Power.

Here, Simon led the €100m R&D function – including developing future power technologies – and led the operational transition of the industrial steam turbine business from a start up to a more than €250m turnover and #2 in the market.

More recently, he has focused on working with and investing in SME businesses in the clean technology sector to grow and secure UK Government funding. Furthermore, he has acted as an advisor to a number of multi-billion M&A due-diligence deal teams in the power and industrial sectors.

His focus in Storelectric is advising on building agile and robust operational systems along with the development of the technology, product and project roadmaps.

Professor Simon Hogg

Advisor to the Board

Chair in Renewable Energy at Durham University and Executive Director of the Durham Energy Institute

Simon is a mechanical engineer with research interests in the general areas of power generation, conventional steam and gas turbine plants, wind turbines, energy systems and waste heat recovery

He the Principal Investigator of the EPRSC Future Conventional Power Research Consortium (Cambridge, Durham, Edinburgh, Leeds & Oxford Universities), which is considering the effect of the change in power mix from the growth of wind on the flexible operating requirements for conventional steam and gas power plants. He is also the Durham University lead member on the Executive Management Team of the EPSRC Supergen Wind Hub (Cranfield, Durham, Loughborough, Manchester, STFC & Strathclyde Universities). This is one of the EPSRC’s Supergen research coordination organisations, focusing on the UK academic contribution to wind power research in this case.

Professor Phillip Leigh

Advisor to the Board

Experienced CEO, environmental scientist, project manager, renewable energy and electrical engineer

Phil is an Innovation and Growth Specialist with a PhD in Environmental Systems and Control Engineering. He has experience of working with a number of diverse stakeholders and businesses in the public and private sector.

Phil has commercialised research and knowledge exchange between industry and academia. He set up and ran three SMEs and has broad-ranging professional experience of management in business and sport with strong team-building and leadership skills. He has managed and directed multi-million pound projects and budgets. He has co-written successful multi-million-pound Europeanstructural funding bids.

Gordon Hunt

Advisor to the Board

CHARLES JULY

Advisor from Dentons

Strategic Partners

#9 on the ‘Top 10 Companies to watch’ list

— The Sunday Times

The Storelectric Team

Trevor Bailey

BOARD

OF DIRECTORS

Jeff Draper

Mark Howitt

Tallat Azad

ADVISORY

TEAM

PROFESSOR STUART HASZELDINE OBE

PAUL DAVIES

SIMON MAYCOCK

Professor Simon Hogg

Professor Phillip Leigh

Gordon Hunt

CHARLES JULY

Strategic Partners

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