Radio Davos
Advanced Energy Solutions: scaling up the tech that can help us get to net zero
Apr 25, 2024
Guests from Breakthrough Energy and Amara Raja Energy discuss scaling up advanced energy solutions for a net zero future. Topics include new technologies, global cooperation, AI in clean tech, battery applications, India's energy transition, and innovative business models empowering energy solutions.
45:47
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Quick takeaways
- Reducing the green premium for clean energy is crucial for competitive markets, requiring faster price competitiveness in wind and solar technologies.
- Public-private partnerships are essential for advancing energy innovation, highlighting the need for collaboration between sectors to drive sustainable energy transitions.
Deep dives
Importance of Reducing the Green Premium for Clean Energy
Reducing the green premium for clean energy is crucial to creating competitive markets for wind and solar technologies. The long process of achieving price competitiveness in wind and solar took almost four decades, highlighting the urgency of speeding up this transition. Initiatives like breakthrough energy ventures focus on catalyzing new technologies to lower costs and scale up clean energy solutions. Strategies such as feed-in tariffs, as seen in Germany with solar, can help drive the adoption of new clean technologies by guaranteeing prices and supporting technology stand-up.
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