Storelectric
Jeff Draper is the Founder & CFO of Storelectric, a multi-award-winning electricity storage company that aims to transform the global energy market. Jeff has been with Storelectric since 2013. Prior to this, Jeff worked as a Chartered Accountant at Arthur Andersen & Co. from September 1984 to August 1987.
Jeff Draper attended The University of Manchester from 1981 to 1984, where they pursued a Bachelor's Degree in Mathematics and Physics (Joint Honours). Jeff received a scholarship for their studies during this period. Prior to their university education, Jeff Draper completed their A-levels at Old Hall High School in Maghull, where they achieved distinction in Maths, Physics, and Chemistry. Jeff was awarded for their excellent performance in these subjects.
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Storelectric
Storelectric Ltd is a developer of projects using two highly efficient forms of Compressed Air Energy Storage (CAES) using existing technologies, at a grid scale, efficiently and cost-effectively.Both Storelectric’s CAES systems offer the ability not only to generate electricity but also store it when there is excess, to respond to intermittencyissues and to provide ancillary services to the grid. When there is surplus electricity on the grid, Storelectric’s CAES uses it to compress air to around 70 bar pressure, also storing the heat. When electricity is required, air and heat are released through turbines to generate it. Power rating of storage, power rating of discharge and amount of energy stored are all independent variables in the design of these plants, enabling it to be optimised for baseload, fast response, interconnection, wind farm management and many other load cases.