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Energy technology needs more rapid innovation cycles

Paul Hobcraft

I have been consuming the latest flagship report, released today, 10th September 2020, by the IEA called “ Energy Technology Perspectives 2020. That is an awful lot of innovation to get us to a clean energy transition from where we are today. Accelerating Innovation through rapid innovation adoption cycles. Past Examples.

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Innovation adoption in the technology lifecycle for Energy Translation

Paul Hobcraft

Technological innovation has a central role to play in the Energy Transition currently being undertaken throughout the world. The six main thrusts for technological innovation within the Energy Systems for today’s energy transition are: To accelerate the deployment of renewable energy technologies throughout the system.

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We need a new Energy Mantra- innovate, innovate, innovate.

Paul Hobcraft

Energy is a vital part of any country’s ability to be competitive, and we need to recognize that to innovate is the critical enabler to a clean energy future. We must nurture innovation and continuously look for ways to facilitate its pathway in the Energy Transition we are presently travelling.

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Accelerating Clean Energy Innovation

Paul Hobcraft

“Without a major acceleration in clean energy innovation, reaching net-zero emissions by 2050 will not be possible.” The role of innovation has a crucial one to play. But in 2050, almost half the reductions come from technologies currently only at the demonstration or prototype phase today.

Report 345
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Exploring the Global Smart Cities Market: Software Opportunities

Tullio Siragusa

Exploring the Global Smart Cities Market: Software Opportunities According to recent market research reports, the global smart cities market is expected to reach a size of over $2 trillion by 2026, growing at a compound annual growth rate (CAGR) of over 10%. Let’s explore the market opportunities by categories and regions.

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Innovation is essential to unlock all parts of the energy transition.

Paul Hobcraft

Innovation has the power to unlock the Energy Transition, Innovation thinking and design are needed everywhere within the energy system. Innovation needs to be everywhere in transforming our existing energy systems. Innovation takes a long time to push existing knowledge and find new solutions.

Design 130
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New Business Designs can be delivered through a Business Ecosystem Approach.

Paul Hobcraft

Are these pressures in their known and emerging markets posing future threats for businesses and whole market sectors? Markets today are radically changing and are more demanding. Benefits: Alternative design can foster a culture of innovation, adaptability to emerging technologies, and strategic foresight.

Design 147