Category Archives: Innovation and Energy

Navigating an Energy Transition strategic pathway

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Energy Fitness Landscape primer

There are so many risks in the near to mid-term to derail the Energy Transition. I feel it is really hard to stay focused and not become distracted by the anti-energy transition groups. I am a firm believer in having a navigable strategic and tactical pathway to keep you on a given track along the route you have chosen to get to a given goal. Clearly, as we progress, we learn and adjustments are made but you have to map out a fairly solid (looking) pathway to keep on track.

I wrote about the concept of exploring energy fitness landscapes. The article “My initial thinking behind Energy Fitness Landscapes“, written in 2021, uses Hydrogen as an example, with a follow-up one year later. Here I am looking at the Energy Transition from an evolving technology innovation perspective. In other words, what “forces” can be identified or promoted that can transform the existing energy system through the pursuit of new inventions, innovations, or technological advancement? I took hydrogen as an example.

A risk of the energy transition is we give higher emphasis on the depth of knowledge in one area, get distracted often and fail to pull this together, to map it into the bigger picture of the practical, broader-based one. We do need a clear pathway.

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Thinking about the Energy Transition

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Thinking about the Energy Transition

One of the largest News Agencies recently asked me about the Energy Transition. These were some really tough open-ended questions: “What are the industry challenges and solutions,” “the key trends and developments“, What are the Challenges I face,” then “What critical solutions are there to the challenges” and finally “What value and guidance would you offer.”

The energy transition is a vast, complex area to view. I took a deep breath and thought about how I would break this down over a discussion of only 45 minutes. I decided to break it down into bite-size chunks such as Key Challenges, Worries, Big Ticket issues, My working issues, and finally, How the energy industry needs to get organized.

On reflection, I realized how many more points I could have raised or explained. Still, the structure of my breaking this down allows for some further thinking and additions that help me build this out, as many struggles with absorbing this energy transition, and I can build on my initial reactions here. Well, that is in my plans going forward.

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Raising the Energy levels for the Energy Transition

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https://www.weforum.org/events/world-economic-forum-annual-meeting-2023

In the past week the Davos World Economic Forum has been on, where thousands gather to listen, explore, make contact and generally gather the mood of the Worlds economic climate over the coming year. The sessions are highly valuable to be selective over but listen into.

Over this weekend, I spent a fair amount of reading time working through the World Economic Forum to remind me of this incredible source of knowledge across many world issues and challenges. I think this is not an event to miss when you cut through all the negatives surrounding Davos and the “elite” and lucky ones are able to rub shoulders and get a better understanding of thinking and give some degrees of new clarity to individual thinking and their strategic direction from grasping the risks, potentials and value opportunities offered when so many leaders can find time to come together and exchange.

These reports (Whitepapers) are a storehouse of knowledge, facts and suggested actions that need to be taken. The Whitepapers found here cover Climate issues, Green Deal views, Resilience, Circular Transformation, Global Value Chains, Electricity views , Securing the Energy Transition and plenty more.

For me, the weekend focus was on the Energy Transition following on from their recent Davos event and the series of reports co-sponsored with different organizations built up over many years.

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The power to unlock energy is through innovation

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The energy shifts we are undertaking within all the energy transitions today do allow real innovation opportunities when you survey the innovation landscape.

There is complexity in all the energy transitions going on. Still, the ones that can see the possibilities and ‘energize’ through new innovative solutions hold the future in our hands to capitalize upon as fast as we can.

All we can predict is that the pace of innovation and energy transition will speed and then scale up to meet the needs of a world rapidly wanting to decarbonize. The companies that are investors in innovation will be the best placed to capitalize on this.

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My twelve energy Christmas words or triggers that will drive my 2023 thinking

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So as we wind down towards Christmas and begin to look out into 2023, I thought, what are my triggering points on the Energy Transition?

So I thought I’d turn these into a simple list of my twelve energy Christmas words or phrases that will drive my Energy Transition thinking in 2023

  1. The energy challenge
  2. Inclusive energy futures
  3. Innovation technology
  4. Complexity unravelling
  5. Unchecked consumption
  6. Stranded Assets
  7. Emerging Energy Platforms
  8. Energy backbone
  9. Climate change essential actions
  10. Clean energy innovator
  11. Pathways, landscapes and roadmaps
  12. Transition management

I made an Energy wish list for 2022, and all I can say is it was wildly optimistic, so this year, I’ll stick with my simple Christmas triggers.

So what trigger words or energy phases will drive your Energy work or thinking in 2023?

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Building momentum, gaining idea generation into energy insights

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Gaining momentum and idea generation

I have been asking myself how a combined effect of innovation and ecosystem design thinking will support the energy transition we are undertaking to give it additional traction and generation.

In a recent report released by IEA in the last week or so, “Tracking clean energy innovation in the business sector: an overview.” they emphasised the point that “Acceleration of clean energy innovation, supported by effective innovation policies, is critical for achieving net-zero emissions by 2050, and the technology development in the business sector will be to success“.

I draw from this report this initial perspective: “The major drawbacks are we are simply NOT recognizing the need to have a clear and consistent way of approaching and capturing innovation at the front end of discovery or exploration. The inconsistency of not having clarity of how innovation is undertaken and then reported uniformly is continuing to hold up upfront investment, institutional capacity building and consistent classification of technologies”.

The IEA estimates that companies active in energy technologies spent almost USD 120 billion on energy R&D in 2021, three times more than governments. They remark, “Beyond these headline estimates, however, information on the energy innovation activities of firms – whether freely or commercially available; at technology level or highly aggregated – is frustratingly scarce.”

We need to recognize the importance of innovation, not just on what it can bring in through future solutions but on its need to have a recognized, established process to capture, evaluate and openly report on any innovation project’s progress.

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Accelerating the new Energy Ecosystem

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Accelerating the Energy Transition
https://innovating4energy.com

Over the next twenty to thirty years, the Energy System will undergo a massive transition to achieve that eventual 2050 net-zero target of decarbonizing the energy system fully, resulting in a clean, climate-resilient energy transformation.

I have been looking in a short mini-series at the need to structure the Energy System in a very systematic and consistent evaluation as we undertake the changes from a fossil-reliant ecosystem into a clean, renewable one, with the overriding obligation to address climate change.

In this third and final post of this series, I focus on 1. Innovation & Ingenuity, 2. Experimentation & Rapid Pilots, and 3. Leapfrog Opportunities and discuss a value proposal.

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Building out the new Energy Ecosystem

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Building out the new Energy Ecosystem

I firmly believe the Energy System needs a very systematic and consistent evaluation as we undertake the changes from a fossil-reliant ecosystem into a clean, renewable one, with the overriding obligation to address climate change.

As you consider a change of this magnitude, you recognize how complicated this becomes, and the deeper your thinking becomes, hence why I like thinking through this with the use of mind maps.

I would argue we need a consistent framework to keep working through all the changes that will be undertaken in the next twenty to thirty years to achieve that eventual 2050 net-zero target of decarbonizing the energy system fully;  resulting in a clean, climate-resilient energy transformation.

Within my first post, “Changing the Energy Ecosystem“, I began to lay out the need to change the energy dynamics by redirecting them away from the existing systems and structures.

This is my second post, which continues to build out the new Energy Ecosystem.

This post focuses on the two points of Reforming Business models and the needed Resolutions to take this different thinking forward, then I will take out in the third post, Innovation & Ingenuity, Experimentation & Rapid Pilots,  and Leapfrog Opportunities.

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Pinned to my door, my way of approaching the Energy Transition

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Pinned to my door, my way of approaching the Energy Transition

I have on the door of my office the approach I am taking to build out my understanding and pace myself in what I can absorb, translate and offer views upon on the Energy Transition.

My site www.innovating4energy.website is where I outline and see my value contribution in applying the “multiplier effect” to any discovery and validation of the Energy Transition. The value proposition is in accelerating the clients/readers’ understanding of where the potential growth and impact points with the objective of triggering a new business opportunity for it to occur.

What we offer is exploring the Energy Landscape in understanding, so this can then be translated into fresh, exciting Energy Value Positioning Offerings. Continue reading →

Exploring Energy Fitness Landscapes

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I have been building out the value of having a Fitness Landscape framework within the Energy Transition and why it makes sense.

I am looking at the Energy Transition from an evolving technology innovation perspective. In other words, what “forces” can be identified or promoted that can transform the existing energy system through the pursuit of the new invention, innovation, or technological advancement.

Specifically, ones that will be needed over such an extended time and complexity of change that this Energy Transition will take, upwards of twenty to thirty years to give it an unstoppable momentum.

When you look through the lens of innovating at the Energy Transition, you are often questioning the fitness, or the reality to achieve something. Continue reading →