Clean energy, growing the potential of Electricity – Image rights RethinkX
I have been absorbing a couple of interesting research reports from RethinkX, an independent think tank that analyzes and forecasts the speed and scale of technology-driven disruption and its implications across society. They produce impartial, data-driven analyses that identify pivotal choices by investors, business, policy and civic leaders to stimulate thinking and promote avenues of disruptive change.
Firstly on Rethinking Climate Change on how Humanity can choose to reduce emissions 90% by 2035 through the disruption of Energy, Transportation, and Food with existing technologies.
Secondly, the Energy Report – Rethinking Energy 2020-2030 100% Solar, Wind, and Batteries is Just the Beginning states we are on the cusp of the fastest, deepest, most profound disruption of the energy sector in over a century. Like most disruptions, this one is being driven by the convergence of several key technologies.
Both of these reports are well worth the time to really read and absorb. This is some “sterling” work by Tony Seba, James Arbib, Adam Dorr and other members of the RethinkX team.
So where do you “sit” on this report and the acceptance and realities of the proposal in time, consequences and complexity?
For me, it is the ability to apply the “multiplier effect” to any discovery and validation that accelerates the understanding of where the potential growth and impact points of a new business opportunity can occur.
Today, we are all trying to piece together the Energy Transition.
The claim is that there are solutions abound to move us towards the Energy Transition we all need of clean, reliable, energy built upon renewables, but I honestly don’t share that current optimism; we actuaölly have an awfully long way to go in discovery, application and adoption. Continue reading →
I see the front end of energy as the critical feeding-in point for the energy transition. So what does this mean exactly?
The front end of energy for me is the point of discovery and validation. It is the place I feel I can make the best contribution within the energy transition. The discovery is where the stimulus and catalyst point to take an idea to commercialization.
This capturing, evolving, exploiting and exploring needs a clear management process and understanding of how to undertake this. This needs a focused innovation specialist or a systematic approach to building those innovating capabilities and capacities.
I believe there is a real gap for many organizations involved in the Energy industry; often in the recognition, they lack a real lasting, robust innovation capability, capacity and competency, as the sustaining way to help accelerate the Energy Transition journey. Continue reading →
The front end of energy, the point of discovery, is the place I feel I can make the best contribution within the energy transition, providing the stimulus and catalyst where innovation thrives. Innovation drives discovery to commercialization and this needs a clear management process
Any new idea that emerges as a concept of value is required to replace something that does not serve today’s or tomorrow’s purpose. We must embrace fully this within the energy transition, creating something completely new in different breakthroughs and new business models.
My aim here is to support you: “To achieve better, faster and more valuable future solutions with a focus on sustainability, to anticipate constant change and build different more exciting and valuable business models for lasting impact.”
Energy needs a distinct innovation process of discovery
My belief of why innovation is vital to the Energy Transition?
I have a real belief that there is lasting value for you. In engaging, exploring and exchanging, we all gain fresh insights and knowledge. If you open up your thinking to a different view that provides a fresh and different lens of the needs within the energy transition, you add that essential external perspective.
There is nearly always a need to bridge the awareness gap or others to provide the validation. Knowledge is gained when it is shared and exchanged. I put a lot of my time into researching the energy transition.
My role is to be a “translator” and take the innovator’s perspective looking for fresh opportunities, supporting and accelerating your existing ideas and concepts. We need to relate, even “ground” thinking and determine the real value and potential.
I believe there is a real gap in building a robust innovation capability, capacity and competency to help accelerate the Energy Transition journey.
I have over twenty years of advising and transforming innovation activities; I would suggest it is not a bad resource to “tap into”.
Innovation begins with discovery, then it moves through the innovation pipeline through its experimenting, validating, testing, often multiple trials, commissioning and eventual commercialization roll-outs.
Innovation is critical in this energy transition.
We recognize the need to move from research and development through engineering validation, then in fast iterative steps into a series of pilots constantly scaling actual solutions at speed. We do not have the luxury of evaluating these over standard lifetime returns or observing others over the years; there is the need to raise validation and take higher risks than in more stable times.
We need to be more pioneering. Without a coordinated effort, the risk is always cautious without a guarantee or point of crisis. To date, we have not generated coordination in policies, collaborations, and commitments to shared risks. We have yet to fully place in the minds of everyone what the crisis is and where it is heading if we do not respond with a real sense of purpose.
So for me, the energy transition is at the forefront of “cutting edge” innovation to deliver. Why this gets the real attention in the ways we can support the energy transition. Our contribution is to offer ways to understand, investigate, research and become even more fully engaged in this incredibly complex but exciting energy transition journey.
Our ongoing focus is to become even more conversant in the Energy Transition, to build out what we know. It can provide “accelerating input” into its complexity in resolving both its issues and barriers and “formulating outputs” in scope, opportunities, and magnitude of scale for contributing where possible to support each organisation’s journey.
The front end of energy means what exactly?
