Planning concurrent shifts in Power Generation

With so much change in fuel sources, the power generation sector has some significant challenges to tackle

The pressure to reduce the concentration of Co2 in the atmosphere is driving a significant change in power generation management.

The combined forces of a growing source of cheaper fuel generation from renewables (solar and wind), the continuing high levels of global Co2 attributed to fossil fuel combustion above 40% of all global emissions need further change.  Along with the continued, increasing demand for electricity as heat sources in buildings or factories are being replaced from fossil burning to electricity-driven heat pumps, and other equipment for greater efficiency, the power generation industry is arguable undergoing a sea-change on the creation and dispatching of energy.

Emission reductions are needed across all sectors. Continue reading

Shaping the Power Generation sector

I recently viewed a Power Generation survey conducted a year or so back and found it valuable to motivate change. It was centred on the Middle East Power Generation sector and conducted by Siemens to help them understand future power generation’s underlying trends.

This Siemens survey had as the main question to the survey: “Which trends do you think are currently having the biggest impact on the power generation sector in your region“.

Now in reading this, we have to recognize this is the Middle East with an abundance of oil and gas, but are the trends similar for other regions of the world? The responses I would suggest are certainly reflecting a global movement; the ranking orders might vary. They bring out the opportunities and challenges all power generation is going through presently, I would think. Continue reading

Carefully managing and resolving Power Generation

Visual by dreamstime.com

Currently, renewables are the fastest-growing source of new power generation capacity and meet increased demand for electricity.

This renewable growth, expected to continue well into the future, is a combination of a growing public awareness of climate change issues, the realization that the continued scale of cost declines provides cheaper generation, continued advances in solar and wind technologies, and favourable policies have provided this dramatic shift.

I will be looking across power generation in a series of posts in the coming weeks- so taking this as my opening post.

Is this renewable shift enough on its own to manage the future Power Generation needs? Continue reading

My initial thinking behind Energy Fitness Landscapes

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, the 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.

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

Here in this post, I want to expand my thinking around navigating a complex landscape that the Energy Transition demands. Continue reading

The Energy Ecosystem needs re-configuring to clean energy only.

Understanding any ecosystem, you have to attempt to understand the whole system. The energy system is no different to begin to relate and build innovative solutions that bring this complexity into a new order.

To help with this energy ecosystem thinking the International Energy Agency (IEA) are doing some pioneering work that I want to touch upon briefly, so there is a broader awareness of this.

Exploring the IEA  report yet again, “Energy Technology perspective: Special Report on Clean Energy Innovation,” released mid last year, actually on 2nd July 2020, has so much depth of value to relate to in the energy transition challenges being faced.

In this report, they have developed some improved modelling tools to bring a higher capacity to answer key technology questions in greater detail that make up the Energy Ecosystem.

This new modelling is good news and highly valuable. Continue reading

Our need for a climate-friendly energy source

We need to find a climate-friendly energy source that overcomes those current end-use sectors that are hard to electrify as they need to require high-intensity heat levels than coal and natural gas provides. These high-grade industry heat sectors, known as hard-to-abate, such as steel and chemicals, some heavy transport, aviation, shipping, agriculture, and industrial feedstocks, need to put in place a clean energy carrier.

Enter Hydrogen, reinvigorated and repurposed based on Renewables and new Technology designs

Presently Hydrogen is the only feasible route for at-scale decarbonization. It is a highly versatile, clean, and flexible energy vector. So many have evaluated the potential of hydrogen sector by sector that ramping up Hydrogen is needed to achieve any energy transition in an efficient and economically attractive way.

The problem today is that Hydrogen is simply not (yet) fit for large-scale deployment. The accepted wisdom is Hydrogen is a really good solution as a clean energy carrier, feedstock, and fuel. It can facilitate the extensive scale integration of renewables through conversion from H2O to pure Hydrogen (H2). Continue reading

Continuing my Energy Transition Journey

Yet another one of those most intense periods of researching and then absorbing the material around different energy issues.

Everywhere you turn, you stumble across reports on one aspect or another of the energy transformation we are undertaking.

I am looking at this energy transition through the eyes of the innovator, as it offers so much in new solutions and designs that any innovator would love to be part of.

My big move this week was to determine my Energy Transition journey

I added my dedicated website on innovating4energy.website. It stays a W-I-P but its role is to keep the offer separated but also be highly support in this posting site as the more dynamic place for breaking news, discoveries and progress and combined they underscore the value position offering.

I am taking on the front end of the energy transition as my advising positioning.

More on that in future posts. Continue reading

Putting innovation intensity into the Energy transition

The level of innovation intensity within the Energy Transition is a fascinating one, and it is one I continually place more and more a focus upon.

I think it is worth referencing here how the IEA breaks down to track clean energy progress, it is a pathway that needs innovation to be central.

The thinking within post has been inspired by the IEA report  Tracking clean energies IEA report, published last year and has significantly crystallized my own views or thinking on the need to accelerate innovation as central to the Energy Transition.

The IEA track the following aspects of the energy system; power, fuel, industry, transport, buildings, and energy integration. That gives innovation focus a sound way to break down the complexity within the transformation underway.

Just reflect how difficult this energy transition actually is. Continue reading

Are we seeing the Apple of Hydrogen in Plug Power?

This Monday, January 11th, 2021 Plug Power (PLUG) closed at $53.97 in the latest share trading session, it has gained 98% over the past month. Today with a fresh expansion announcement it is standing at $64.02 at this moment of time. Clearly, Plug Power is outpacing the Industrial Sector. It belongs as one of the alternative energy company stocks that focuses on green hydrogen, the present ultimate answer to as close as you can get to a zero-carbon fuel.

So what is going on? What is causing this incredible jump and market sentiment?

To add a little more to this “what is going on” let me do something else.

Why do I compare Plug Power to Apple in past years? It is simply how its stock has rapidly accelerated away in the past year or perhaps the growing expectation of sizable growth to come, on new products and market penetration. 

A year ago, Plug Power struggled to raise money, but it has been executing on a plan consistently in the past few years that is beginning to pay off. Continue reading

My Job: Sparking Innovation within the Energy Transition

Why did I choose to give a specific focus on different aspects of innovation within the energy transition? Well, it is simple for me. I have focused on building capabilities, competencies and capacity to innovate for 20 plus years. Innovation has been my core area of focus. Today, I am channelling that specifically towards the building of innovation within our Energy Transition

The real imperative for finding new innovative technology is critical. We have such a real threat of climate change and any pathway to meet the Paris Agreements, where all countries pledged to keep the rise of the global temperature below 2 degrees C by 2050 and ideally try to work towards the position of 1.5-degree C above pre-industrial levels. These target goals mean bringing our temperatures down dramatically.

The critical period for transforming energy is coming in this current decade. We need to speed up that transformation.
Continue reading