Advanced Energy Solutions: scaling up the tech that can help us get to net zero
Apr 25, 2024
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Guests from Breakthrough Energy and Amara Raja Energy & Mobility discuss scaling up advanced energy solutions for net zero goals. They explore AI in clean energy, global collaboration, battery technology, India's energy transition, and practical steps for achieving net-zero energy goals globally.
Reducing the green premium is crucial for market adoption of clean technologies like wind and solar.
Public-private partnerships are essential for accelerating investment in advanced energy solutions and overcoming regulatory barriers.
Deep dives
Urgency in Driving Down Green Premium for Clean Technologies
Reducing the green premium is urgent to create markets for clean technologies like wind and solar. Historically, it took decades for wind and solar to become price competitive. Rapidly scaling up clean technologies and lowering costs are crucial, as demand drives down prices. Public-private partnerships, like those seen in solar panel incentives in Germany, are essential for faster scaling and reducing costs.
Challenges and Opportunities in Energy Transition
The Advanced Energy Solutions Community focuses on sustainable, affordable, and secure energy future. Bringing together diverse stakeholders, including startups, policymakers, financiers, and consumers, is crucial for accelerating investment in advanced energy solutions. Policy alignment and public-private partnerships play a key role in overcoming regulatory, financial, and technological barriers in the energy transition.
Customizing Global Clean Energy Technologies for Local Needs
India is poised to lead the global energy transition by adapting global technologies to meet local requirements. Initiatives like promoting electric mobility cater to India's specific challenges such as oil dependency and urban transport needs. Creating solutions tailored for Indian societal needs, like light electric vehicles for local commutes, is vital for successful energy transition.
Innovation and Collaboration Driving Energy Solutions
Energy Vision's model of providing free solar panels and affordable energy demonstrates a unique approach to advancing energy transition. By selling surplus energy and utilizing grids efficiently, the company aims to revolutionize local energy consumption. The innovative business model aligns with the need for public acceptance and regulatory support to foster affordable and sustainable energy innovations worldwide.
What are the new technologies that can help us reach net zero? And how do we bring them to scale fast enough? World Economic Forum Managing Director Jeremy Jurgens joins us to talk about the Advanced Energy Solutions community, and we hear from three of its members, from widely different sectors and geographies, implementing the energy solutions of tomorrow. Guests: Ann Mettler, Vice President, Europe, Breakthrough Energy VK Samudrala, President, Amara Raja Energy & Mobility Maarten Michielssens, Founder and CEO, EnergyVision Special Meeting This episode is related to the Forum’s Special Meeting on Global Cooperation, Growth and Energy for Development held in Riyadh on 28-29 April 2024. Links: Advanced Energy Solutions community: Related podcasts: Check out all our podcasts on : - - : - : - : Join the :
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