Caleb Waugh

Head of Business Analytics, Energy Storage
Lockheed Martin Energy

Caleb Waugh leads energy storage business analytics at Lockheed Martin Energy helping to guide market strategy, business developmen, and product design for Lockheed Martin's GridStar® lithium and flow battery products. As part of his role he oversees design and implementation of high-fidelity techno-economic-financial models to evaluate emerging energy technologies and business opportunities in distributed, wholesale, and microgrid applications. Caleb has conducted extensive work on project financial valuation, renewables integration, distributed asset integration, value stacking optimization, risk assessment, and total cost of ownership benchmarking for energy storage projects globally.

Previously, Caleb held an internal advisory role in Lockheed Martin’s CTO’s office working to incubate and direct investment in early-stage technologies and business opportunities to drive new growth opportunities for the corporation.

Caleb holds dual graduate degrees from the Massachusetts Institute of Technology in Plasma Physics as well as Technology and Policy and has published and presented in many leading journals and conferences.