We need to change the story on the Energy Ecosystem

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I find Mind Maps as a great tool to think, record and review my thoughts. Within a recent evaluation of my positioning in contributing to the energy transition I drew up a series of approaches to undertaking changing the Energy Ecosystem. We need to build out the bigger Energy Ecosystem story.

In my opinion, the burning need is to recast Energy into a new Energy Ecosystem. We need to get the narrative and positioning right and have this as our evolutionary perspective. It is collaboration and co-creation that needs “combined” efforts. Yet, to get there we need to work off the same page in what needs to be achieved and what would give a greater understanding.

Here I am not prescribing a specific energy solution I am suggesting a way to approach the communications within the energy ecosystem

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What are the universal challenges faced by the Energy sector – applying Partner Ecosystems thinking.

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Applying Partner Ecosystem Thinking into the Energy Sector

In my last post I took six of what I feel are the most significant issues: that I believe require Partner Ecosystem thinking and design.

Within the Energy business, to make the enormous changes required in the transitions from fossil fuel to renewables we simply cannot “go it alone”, we need collaborations across all of the parts of energy from power generation, utilization, transmission and distribution, storage and consumption.

I firmly believe it is the ability to collaborate, share and innovate together can rapidly accelerate the transformation we need.

When I re-read this earlier post I increasingly recognized these challenges are broader and need expanding upon.

In some ways these are universal challenges that all involved will need to address and it is this ability to collaborate and co-create that will make that defining difference.

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The many Partner Ecosystem challenges within the Energy Sector

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Considering the design of the Energy Ecosystem through Partner Ecosystems

Partnerships are becoming a very effective way to build the Energy transformation. There are a awful lot of challenges in the energy sector where the complexity becomes to much for one player and they need to partner. There is actually a significant interplay between technological, regulatory and market-driven challenges

Lets just take a look at six of the most significant issues that require Partner Ecosystem thinking and design.

Partner ecosystems in the energy sector face a complex interplay of technological, regulatory, and market-driven challenges.

Here are six of the most significant issues:

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Advanced Energy Solutions

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Powering the Future with Advanced Energy Solutions

The World Economic Forum Advanced Energy Solutions Group is the catalyst for bringing together outstanding change makers, entrepreneurs, financiers and innovators from across the world and recently had one of its meetings to stimulate and encourage this initiative further. Why?

There are enormous opportunities in the clean energy transition but also so many current barriers and pitfalls.

Taking the WEF’s objectives with this group I quote from their website:

“The World Economic Forum’s Advanced Energy Solutions community aims to accelerate, from decades to years, the deployment at industrial scale of advanced solutions such as clean fuels and hydrogen, advanced nuclear, storage and carbon removal. It engages leaders in frontier segments of the energy system that drive the energy transition”.

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The Importance of Innovation at the Front End of the Energy Transition.

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The importance of innovation at the front end of the Energy Transition

For me, the front end of the Energy Transition is vital. What I mean by the front end is that link where innovation, ingenuity and creativity get created. Today, this must be done through more outstanding collaborations, especially recognizing the value and benefits of ecosystem thinking and design.

Innovating4Energy.com advocates for a systematic, innovative, and flexible approach to transforming the energy system. The keys are the mix of building the pillars of innovation and ingenuity, the research and deployment approach, and the reforming and disruption strategies, which are all essential components of this Energy Transforming approach, delivered over clear impact steps.

To achieve a sustainable energy transition, sound consistency in advocating and applying a systematic, innovative, and flexible approach to transforming the energy ecosystem does need a central emphasis on placing importance on learning from experimentation, seeking advanced solutions, and sharing knowledge.

Placing a greater emphasis and set of resources on Innovation will help make rapid progress towards a more sustainable and efficient energy future in highly collaborative and open ways.

Much of this is how you set about the Front End of Energy transition and change and the consideration towards embracing Ecosystem design and thinking has enormous value in this assessment.

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Engagement within the Energy Movement

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Engagement in the Energy Transition Movement

How do you encourage engagement? How do you create the conditions that enable collaboration and cooperation to occur? How can we combine all the forces that make up the Energy Transition?

In the past week or so, I have gained a growing belief we are building the momentum to bring the different sources within the Energy Transition together. The conditions are being created.

Let me briefly provide a few stand-out ones that give encouragement

Firstly in Brussels a Clean Tech Investment meeting took place, nicely summarized by Ann Mettler, the Vice President at Breakthrough Energy. Ann posted “Clean Tech Investment: Top of Mind in Brussels 🇪🇺

💨 What a whirlwind: In less than 24 hours, I had two opportunities to talk investment, at a ‘Clean Transition Dialogue’ hosted by EVP Maroš Šefčovič, in the presence of EC President Ursula von der Leyen and a ‘High-Level Investor Dinner’ with Commissioner Iliana Ivanova.

Briefly she noted the significant talking points:
⬆️ More project finance
💶 Mobilize institutional investors
🤝Double down on public guarantees
🆕 Innovation Fund +++
✅ EU Climate Bank Needs Laser Focus on Clean Tech
📑Better planning, guaranteed contracts
✔️DG Competition reality check

That set of bullet points gives only the top layer of an incredible amount of work going on in support of clean energy tech to give it momentum and shows just one of Ann’s incredible personal energy and commitment to getting the Clean Energy underway (Link to post)

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Considering the design of the Energy Ecosystem

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Designing the Energy Transition with Ecosystem Thinking and Design

By fostering greater collaboration and co-creation within the Energy Industry, it is becoming crucial to consider Ecosystems in design and thinking. Ecosystems designed well are robust for navigating the complex landscape of any Energy transition.

The Energy transition we are all facing has such high levels of complexity and challenge. We are undertaking a radical redesign of our energy systems where renewables based on clean energy, decarbonization or low carbon, new distributed business models and rapidly growing demands for electricity are all compressed into a thirty-year agenda to achieve net zero. Collaboration, cooperation and coordination will be paramount, and this is where Ecosystems and Platform technology will become essential to manage these “multiple” transformations needed.

Here in this post is a structured argument for promoting Business Ecosystem thinking and design for those involved in the Energy System, emphasizing the benefits of sharing IP, knowledge, research, market insights, and general improvement potentials when it comes to considering Ecosystems within the Energy Transitions, where collaborations are growing in importance and need. I outline ten areas of consideration.

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Seeking more Energy Transition Ecosystem Success Stories, Please

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Innovating through Ecosystem thinking and designs

So many success stories, specifically across different industries, rely on collaborations and co-creations from essential ecosystem design and thinking. This is partly why I focus on the Energy Transition and Industrial Transformation for my innovation and ecosystem work, as the Energy sector’s potential is enormous for working together and scaling emerging solutions. Managing Ecosystems will become essential.

Energy collaborations are occurring but slower than we ideally want to undertake the massive changes needed to switch energy sources, upgrade systems and infrastructure, and provide reliable energy sources from radically different fuel sources where electricity will dominate our consumers’ needs.

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Recognizing success stories of Ecosystem thinking in the Energy Transition?

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Ask how we can leverage and use Ecosystem thinking and design to promote innovation within the Energy Transition, as it is a powerful approach to radical change. By fostering collaborations and synergies, you can accelerate the development and adoption of innovative solutions for the energy transition.

A range of success stories showcase the value of ecosystem thinking in different industries relating to the energy transition. These are important to emphasise as they recognize the importance of combining a mix of stakeholders, technologies and organizations in interconnected and interdependent ways.

Before we look at examples of ecosystem thinking and designs applied, we should consider a step-by-step guide to using and applying ecosystem thinking and design applicable to the energy transition.

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We need fresh perspectives in our thinking towards the Energy Transition.

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How do we accelerate the Energy transition? What contribution does fresh innovation provide? If we do not learn to share and collaborate more, we will fail. Simply put, the Energy solutions will not scale or resolve the changes and complexities we have in designing a new Energy Structure with radically different designs and capabilities.

I have been revamping my www.innovating4energy.com offering in a more focused way. So besides “latest posts” I raise relevant issues and offer solutions to help traverse differences and individual company needs by suggesting a more open, ecosystem thinking and design in different structured ways to assist in the energy transformation we urgently need.

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