We are currently locked into a ‘battle of the energy ecosystems.’ where our very existence is requiring one side to win, it simply must, renewable clean energy must be more dominant in all the investments we are making today and in the future.
This ecosystem battle is between those that are highly vested in the fossil-based energy supply system of today and those that are forcing change into a more renewable reliant energy system as quickly as possible. Stating a wish to move to renewables needs absolute clear, concrete, committed actions, backed up by demonstrable investments, away from fossil fuels.
In the energy transition, we require, we are pushing so much of the principles and theories of ecosystems to the maximum test in the outcomes we wish to achieve. The pathway to move from reliance on fossil fuel energy to renewables is long, complex, and fraught with risk. Yet the risks need to be taken. Continue reading “The Battle of the Energy Ecosystems Is Looming”
The big four needs of the Energy Transition for clean energy are achieving greater Electrification from renewables, building out Hydrogen, sustainable Bioenergy, and Carbon Capture. These are suggested as the main pillars to get us moving towards the Net Zero targets of eradicating the harmful emissions by the 2050 to 2070 range. We have a long way to go in time, commitment, and investments. I also feel in belief!
Hydrogen is undoubtedly becoming the big agenda ticket within any Energy Transition. It is the promise of being a central pillar for many parts of the world to achieve their decarbonization targets to get as close as they can to zero carbon by mid-century.
Hydrogen seems to hold, it seems, such a promise, but it is nearly all to do. There is so much to validate, prove, and certainly scale. We have some exciting pilots, even some emerging commercial-scale projects.
Still, these pilots or pockets of limited commercialization are not connected up or integrated into a Hydrogen Economy. So far we are not able to scale sufficiently to generate that same unstoppable momentum that Wind and Solar as sustainable renewables are achieving, in dislodging fossil fuels.
Today we do not yet have a Hydrogen infrastructure, market and price competitiveness, or overarching policies to build into a movement that shifts the energy needle.
To mobilize our innovation capabilities and capacities for the energy system, they do have a compelling need to be purposefully marshalled for the future energy demands and the carbon-free world that is being demanded, and supportive of the commitments within the Paris climate accord.
We need to pursue, nurture, and see beyond as our three points of delivering change within the Energy transition. The combination of all three gives us the potential to navigate the energy transition we need. This energy system needs to move from today’s reliance of fossil fuels and antiquated infrastructure into one based on clean, sustainable and renewable energy sources, delivered through a highly distributed infrastructure, designed for the final consumer of the energy. Continue reading “How can we mobilize innovation capability for the energy transition?”
Is deep decarbonization possible? The level of investments will be substantial and require enormous changes to the energy system we have in place today.
Taking a higher-level of decarbonization, I have summarized the critical aspects we need to consider when we discuss this area. I have put them in blocks of bullet points here in this opening decarbonization post. I am planning to delve into each of these in later posts. Continue reading “Themes for Decarbonizing, My Agenda Setting Post”
The significant shifts we are undergoing in the energy transitions today are allowing real innovation opportunities when you survey the innovation landscape. The challenge is spotting and seizing these opportunities.
There is a clear realization that there is significant complexity in all the energy transitions going on. Still, it is the researchers, engineers, and entrepreneurs that can see the possibilities and ‘energize’ the innovative solutions are the ones that hold the future in their hands.
If innovation is given its appropriate place within the energy transition, the pace of innovation and energy transition will scale up and accelerate to meet the needs of a world rapidly wanting to decarbonize. The world is demanding a change in our energy supplies and rapid decarbonization.
At their own admission, it has been three years since they (IEA) released its last Energy Technology Perspective (ETP) report. Although they argue they have been reflecting on the critical technology challenges, it is way overdue.
IEA will further follow up later this year with a flagship ETP 2020 publication later in the year to keep a tighter and more consistent focus on the role and need of innovation to accelerate clean energy transitions.