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Marek Kubik
Energy Storage Aficionado | Director at ENOWA, NEOM | Ex-founder Fluence | Forbes 30 Under 30 Alum | Futurist
Professional Background
Marek Kubik is a highly accomplished engineer and technology entrepreneur with a passion for utilizing technology to improve living standards and foster wellbeing. With an extensive career dedicated to sustainability, Marek works relentlessly to accelerate the transition to sustainable energy. As a thought leader and executive, he has become an influential figure in driving impactful discussions on energy solutions.
Marek's journey in the field of energy began early in his career when he played a pivotal role in developing Europe’s first commercial utility-scale battery energy storage project. This groundbreaking system, rooted in his doctoral research on sustainable environments, has since been recognized as a key contributor to the rapid growth of battery energy storage systems across the continent. In addition to his engineering acumen, Marek is known for his ability to drive innovation and foster partnerships within the cleantech sector.
In his role as a Managing Director at Fluence, the largest energy storage technology provider globally, Marek helped steer the organization through significant milestones including a remarkable $4.7 billion IPO. His efforts at Fluence were characterized by cultivating strategic partnerships and enhancing the capacity of the sales organization in Western Europe, where he successfully managed a technology and services fleet valued at over $1 billion.
Marek is currently a key member of the flexibility leadership team at ENOWA, which operates under NEOM’s ambitious vision to create the world’s first sustainable, fully renewable power grid by 2030. His leadership in battery energy storage initiatives at ENOWA is vital to the realization of this massive $500 billion infrastructure project. This innovative venture seeks to establish NEOM as the world’s most advanced hub for renewable energy, setting the standard for sustainable development across industries.
Education and Achievements
Marek's educational journey is marked by prestigious institutions and a focus on sustainable engineering. He studied Executive Education programs at Stanford University, enriching his leadership and strategic thinking skills. His doctoral research culminated in a Doctor of Engineering (EngD) in Technologies for Sustainable Built Environments from the University of Reading, where he later served as a Visiting Fellow.
Furthermore, Marek completed a Management Training & Career Development Program at the University of Cambridge, broadening his expertise in business management and professional growth. His academic foundation is solidified by a Master of Engineering (MEng) degree in Civil Engineering from Durham University, equipping him with extensive technical knowledge and insight into engineering principles.
Throughout his career, Marek has been actively involved in numerous prestigious organizations and forums. His rich array of experience includes serving as a Board Advisor at Reichmuth & Co Infrastructure and as a Director at NEOM. His advisory roles include contributing to the United Nations, where he offered invaluable insights on global energy challenges. As a thought leader, Marek has shared his knowledge and expertise as a contributor to Forbes and as a participant at influential forums such as TED conferences and One Young World.
Achievements
Marek Kubik has been recognized for his leadership and impact in the cleantech industry. His role in driving the commercial deployment of battery storage technologies has been instrumental in shaping the energy landscape in Europe. His contributions have led to critical advancements in energy storage solutions, including his leadership position at Fluence, where he scaled operations and solidified Fluence's position as a market leader.
In addition to his professional achievements, Marek's commitment to public service is evident through his volunteer work as President of Engineers Without Borders UK, where he inspired the next generation of engineers to engage in humanitarian and sustainable projects. His efforts transcend the traditional boundaries of engineering, illustrating his dedication to forging a better future through innovation, technology, and sustainable practices.
Overall, Marek Kubik exemplifies the modern engineer and technology entrepreneur, blending technical expertise with visionary leadership. His work continues to inspire others in the energy sector while advocating for sustainable solutions that contribute to the well-being of our planet and society.
Highlights
Huge milestone: #electricvehicles are now head-to-head cheaper on up-front cost than combustion models In China 💰🚗 ⚡️
📉 A major driver for this milestone has been the collapse in battery price: #batteries are now over 50% cheaper at cell level in the last 12 months
💡 These price levels have major implications for the automotive and power sectors. Battery cells at $50/kWh means the technology to decarbonize most of road transport globally is already here
⚙️ Whilst raw material cost falls, overcapacity and margin compression account for the bulk of this, significant technology and manufacturing process improvements happening: also resulting in density and performance improvements
🌍 Almost two-thirds of EVs available in China are already cheaper than their internal combustion engine equivalents, with cheaper electric models planned for launch outside China in 2025 and 2026.
🔋 The stationary #energystorage market may be the biggest beneficiary. Overcapacity isn’t going anywhere anytime soon, and BNEF expects 2024 global stationary storage installations to rise to 155 GWh (up 61% from 2023)
⛏️ All of this underscores how the harbingers of scarcity were wrong (at least so far). Over the last four years, there was a steady drumbeat of predictions that batteries and battery metals would be in short supply indefinitely.
Source: BloombergNEF https://lnkd.in/dEbsTbzD
An overlooked milestone of maturity: cumulative stationary battery #energystorage installed worldwide is set to overtake pumped hydro next year.
Why does this matter? Because #batteries are still sometimes viewed to be a drop in the ocean.
An often cited statement (I read this most recently in Prof. Mark Jacobson's book 'No Miracles Needed') is that PHES makes up 97% of installed grid storage. This was true just a few years ago in a MW sense but has been quickly outdated by exponential mathematics:
In 2020 17.6GW BESS vs 159.5GW PHES (90% PHES) In 2021 27.3GW BESS vs 165.0GW PHES (86% PHES) In 2022 44.9GW BESS vs 175.0GW PHES (80% PHES) In 2023 89.2GW BESS vs 185.5GW PHES (68% PHES) In 2024e 156.6GW BESS vs 196.6GW PHES (56% PHES) In 2025e, the balance tips forever.
By 2030, BloombergNEF recently projected in their 2024 H1 energy storage outlook that 782GW of batteries to be online with an annual capacity addition rate of 137GW/445GWh, and these deployment rates continue to accelerate into the 2030s and beyond.
That being said, the roles of BESS and PHES are largely complementary, generally operating most economically respectively in the <10hr and >10hr duration space (this also means the GWh installed tipping point will come later). Both have important roles to play.
My intent here is only to correct a misconception of just how significant a role BESS is already playing in world power grids. BESS is now arguably just as mature and bankable asset class as PHES which has long been considered an energy storage gold standard of maturity.
The difference for me is that as a technology class, BESS still has an exciting learning rate still ahead of it. Continued cost, density and performance improvements over time are guaranteed as it continues to scale, hence the hockey stick growth! 🏑
