Cleantech Entrepreneurs’ Challenge: Commodity Price Stability
I wrote earlier that I continue to refine my role in helping entrepreneurs find investment capital, and that, for several reasons, this is a very interesting challenge.
Another thing that gets in the way (again, hardly a surprise) is oil and natural gas prices. The senior manager in the private equity company I just spoke with rejected my compressed air energy storage project because it’s an attempt to monetize the differential between peak and off-peak electricity prices. And what’s a huge factor in determining that price difference? The prices of natural gas (which is used to deal with peak loads). No stability = no deal.