Innovation: the accelerator of energy change

Where innovation fits within the energy transition story, it actually becomes the accelerant of change:

As you get into the complexity of this energy transition, you realize the difficulties.

Innovation will in my view be the key driver to the energy transition; it needs to deliver the following:

1). Deliver technology breakthroughs that provide renewable solutions to offer cost-effective alternatives to conventional energy technology,

2) technology innovation that improves the existing renewable technologies to reduce current cost and achieve more significant deployment,

3) new business models that allow new investors to be attracted to the energy system,

4) exploring new concepts that promote scale-up of renewable technologies,

5) supports new financing models and justification and validation for fresh capital investments,

6) enabling policies and regulatory changes to offer change incentives for different market access,

7) contribute substantially to fresh market designs and concepts,

8) encourage and provide opportunities for new energy system operators to undertake part of the transformations needed.

If ever I see a need for a shift it towards a clear innovation paradigm, it is in this energy transition we need to accelerate, support, and deliver.

The Diffusion of Energy

The critical point of mobilizing the energy transition comes significantly from the rate and extent of adoption of innovation. 

When you are attempting to undergo such an energy transition, the ability to recognize the “adoption” of new solutions, technologies or radically new designs of energy needs to be well understood to enable this to occur and give the market and consumer confidence.

Let me explain this a little more in this post

There are six critical focal points of the energy transition that need a broad focus. Continue reading

The demands of new technology design

We are undergoing such a revolution that will have an impact on all of our lives within the Energy Transition. During the next ten to twenty years, we are in a race to transform our energy systems, one that moves from fossil fuel reliant to clean fuels based on renewable energy. We need to decarbonize and make energy greener.

The magnitude of realization of achieving deep decarbonization of our energy systems, the upending of fossil fuel reliance into renewables, and this undertaking of a complete energy system redesign is hard to comprehend within the time scales set.

What we do in the next ten years will determine if we can achieve the goals of reducing global warming by 2 percent by 2050. The cost of not achieving this will be significant for its impact on our lives if we do not attempt to undertake this. Continue reading

The innovating need within the Energy Transition

The energy transition that the world is undertaking is one of the most critical areas where innovation needs to be at its very best, that top of the game to make the level of change necessary.

The existing solutions found in wind and solar solutions jockeying to replace oil, gas, and coal, in our present electricity distribution, as well as our current customer solutions for managing our energy, will only take you so far in our need to change our energy systems.

If we are to meet the mandated Paris Agreement of 2015, where member states agreed to limit global warming to 2 degrees C versus pre-industrial levels by 2050, we have to look at every climate change mitigation we can find. We have to reduce greenhouse gas (GHG) emissions by 80 to 95 percent of the 1990 level by 2050.

Today the solutions are centered on decarbonization, applying digitalization, and switching to an energy system that is more decentralized than at present. It is finding imaginative, innovating solutions that become essential to achieve this climate change through the energy transition we are undertaking. Continue reading

The Energy Transition

“Today we are witnessing the degradation of this one vital ecosystem we are all utterly dependent upon, our planet

This energy transition is genuinely an ecosystem of epic proportions.


 

The energy (eco) system is not impacting many; it is affecting us all. We are all impacted. We do need to recognize that the energy transition, as its end product, electricity, is what we all have become highly dependent upon. Electricity is powering and linking into each of our economies, into our societies. Yet we are facing a stark choice for our earth. Continue reading

My name is Paul Hobcraft

Over the last twenty years, much of my research work has taken the broader area of innovation but is as I focus down in specific topic areas the value of innovation truly reveals itself.

Recently I have focused this down increasingly on the Energy Transition the world is undertaking.

Climate change, environmental degradation make solving energy through innovation as a top priority. I want to be part of that through influencing, advocating and shaping solutions

 

The aim of my work is to connect and inform.

Writing offers perspective and in this knowledge provision, I can provide greater awareness, better understanding or simply an alternative view then I am achieving through a different lens to view the energy world.

I want to is to support the individual, teams, and organizations, in their innovating activity, applying what I have gained in experiences and knowledge, to further develop core innovation understanding, so clients can achieve positive and sustaining results from their innovating activities in different areas of their need.

For me, innovation needs to enter the DNA of our organizations and our own individual make-up. In my writing, I try to offer a range of thoughts on different aspects of innovation to help each of us to understand this subject better in different aspects and applications, in this case accelerating the transformation of our Energy Systems.