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 “Putting innovation intensity into the Energy transition”
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 “Are we seeing the Apple of Hydrogen in Plug Power?”
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 “My Job: Sparking Innovation within the Energy Transition”