Jeff Draper
Founder & CFO @Storelectric
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WORK HISTORY
Founder & CFO @Storelectric
GB
Storelectric is a multi-award-winning, electricity storage company aiming to transform the global energy market by providing a proprietary-technology solution for storing and using renewable energy. Storelectric are helping to address a global problem in an emerging trillion dollar market.
EDUCATION
The University of Manchester
Bachelor’s Degree (Scholarship)
SKILLS
ABOUT JEFF DRAPER
My passion is to tackle climate change on a massive scale, using technology available right now, replacing fossil fuels with renewable energy much faster than is currently thought possible.This is definitely possible, NOW!Are you a Green investor seeking double-digit returns from substantial & meaningful projects?Are you fed up with seeing blue-sky, unicorn investment propositions based on good intentions that have been poorly prepared, untested, and demonstrate little or no understanding of basic investment criteria? Do the plans presented to you stand up to their financial claims, address the technical risks and work in the current regulatory market?Our plan meets all those criteria, and what’s more, offers the kudos of participating in a game-changing, large-scale globally-significant infrastructure project that will also deliver double-digit returns. I’m a big-4 Chartered Accountant, successful serial entrepreneur, and founder of Storelectric. The maths of a green future matter to me - everyone wants a 100%-green sustainable power supply – we’ve taken pains to get the science and engineering right, we’ve made the numbers work – and we’re ready to be a major part of the carbon-free solution. We’ve plotted our company’s development and have a clear vision of its place in the delivery of this project.We aim to deliver terawatt hour capacity electricity storage – 100% carbon-free – using compressed air and separately hydrogen stored in (existing) salt caverns around the world. Many are already used for storing natural gas, and the geological properties are well known.Along with our world-class engineering partners, we’ve mitigated technology risk – by using existing, proven technology. The concept is proven for 50 years, at profitable sites in Germany and the USA – we\'ve made it better, efficiency up 150%, and 100% green!PwC have run the financial models – our investors will be in line for a double-digit yield even at today’s energy prices.We’ve identified the sites, and landowners are ready to grant us options. We are now seeking second-stage investment to secure the first sites and progress with planning permissions. Once the land transactions are in progress, we’ll move to the Front End Engineering Design (FEED) stage via an SPV co-funded by end-customers, external investors and our engineering partners. We\'ll have a big share, for no money down!Pension funds with trillions to invest are ready to come in to buy these projects once set up.For further info, please contact me
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