The crucial role Innovation must play in the Energy System Story
image credit: Innovation Stock
- Feb 23, 2021 11:15 am GMTFeb 22, 2021 1:52 pm GMT
- 412 views
Innovation is vital to the energy system’s integration and operation design, and we need to further recognize its crucial role. I believe we undertake a radical transformation in the way we supply, transform, and use energy. This requires a profound transformation in technologies, systems, and infrastructure.
Innovation is made up of many enabling technologies that support energy. This complexity requires innovative approaches to be built in highly systematic ways. Its ultimate result is to offer innovation that can continually look for re-imagining new market designs and business models to stimulate the changes and solutions for our future energy transformation.
Innovation needs to be transformational, offer greater value than what it is replacing, show the real advantage, set out to achieve competitive gains and offer a higher level of sustainability, value and impact. We need to give innovation a large share of any design voice. Getting new innovation solutions out into the market gives fresh value and market growth opportunity. Find a design that is unique or well advanced on the existing solutions can be dramatic to the future fortunes of that company. Innovation needs greater attention within the Energy Transition. We all need stronger narratives.