Often the best ideas are the most simple and elegant. If electric vehicles and consumer devices can have battery storage why can’t buildings? And if buildings can pull electricity from the grid at off peak times and store it in batteries, wouldn’t that save money? Since 2009, Stem based in California, have been working on these questions and disrupting the energy storage industry. Continuing our series of articles on Innovation we talked to Salim Khan, CEO of Stem about his company and the technology that will shape the future of Smart Buildings. 1. How will distributed storage technology change building energy consumption? With recent advancements in distributed storage technology and the continual decrease in the price of batteries, business owners now have more control on when they choose to pull energy from the grid. With onsite battery storage, companies can draw and store electricity when prices are lower for consumption during peak times. While this […]