Financing Decarbonization in Energy and Infrastructure

Siemens Smart Infrastructure Grid Edge Summit

Siemens Smart Infrastructure offers many different solutions to achieving this change at the energy grid edge. Recently, to amplify this, they have been holding a conference over two days entitled “the grid edge summit“.

You can still register here as the event is available for some time to view and explore. It would help in understanding their solutions if you visited their different energy topic areas. Here Siemens offers you a significant range of choices, solutions and advice on Grid Edge topics to give you time to check out some of the #GridEdge tech & solutions.

These topics and solutions are organized under decarbonization and sustainability, distributed energy solutions, the integration of renewable energy resources, mobility charging, and the consulting and financing solutions available to utilize. The main conference event is a series of talks and panels exploring the topics above.

One panel I particularly enjoyed was “Financing Decarbonization.” Continue reading

Sustainability is the new growth core

Since the current COVID-19 pandemic, the recognition and evaluation of sustainability have taken a much higher place in the boardrooms of our larger organisations. Much of this initial focus will improve the reporting around the ESG goals and establish their own performance in more confident ways. I would argue these are the basic building blocks of a fundamental change, recognizing that sustainability will become the core of the future business design.

As we have embraced digital change, much of the business landscape has shifted. Business is being more informed through the data and analysis it undertakes; it has relearned how to react in sustaining crisis (dealing with the pandemic) and validated different aspects of its business, recognizing it can function very differently. The ability to manage and support remote workers, dealing with an ongoing business outside the office environment, be remote in servicing customers digitally, and provide solutions through connected enterprises’ design have each changed perception and the realization that we can sustain and still grow in more collaborative, open ways.

Sustainability is rising to be top or close to the top of a boards agenda. The growing concerns of several intertwined issues that are needing significant recalibrating. Where does our business fit within and alongside society, both in who we serve and society in general, coupled with realising that the planet is heading towards a critical crisis and what we can do to reduce these pressures? Continue reading

The New Virtual Enterprises Building Blocks

© Copyright IBM Corporation 2021

I have to say I loved reading this from the IBM Institute for Business Value. It provides a greater fit with much of what I was struggling to articulate in a recent post “Missing the building blocks of ecosystem design in the Energy Roadmap by IEA“; I can relate to what the IBM report conveys as the future way to organize and undertake business or to bring together all the parts of the Energy System roadmap suggested in the recent IEA report.

The report “The Virtual Enterprise – The Cognitive Enterprise in a virtual world.” gives a new view to managing in both virtual worlds and enterprises. I do recommend reading it.

To quote Mark Foster, Senior Vice President, IBM Services: Continue reading

IoT and Sustainability: How economic growth and sustainability fit together.

So, what is the future for humanity, and where does technology with a purpose fit? Can we envision a new era of sustainability powered by IoT?

An exchange recently between Dr Peter Körte, Chief Technology Officer and Chief Strategy Officer of Siemens AG, with Martin Powell, Head of Sustainability & Environment Initiatives at Siemens Financial Services, tackled these questions in a discussion facilitated by Oisin Lunny as the host.

During the Hannover Messe week (12- 16th April 2021), this exchange took place as part of Siemens events in a specially constructed virtual environment. I would recommend finding time to visit this three-day event as it will be available for some weeks. It really is worth it; sign up here, sie.ag/3tnhVD4, to gain access.

So, can IoT and Sustainability fit together to give us real economic growth? Continue reading

Creating A Unique Nested Hydrogen Ecosystem for the Energy Transformation

Ecosystems hold a certain fascination for me. The ecosystem approach can tackle and help resolve some of the more complex issues we face.

We increasingly use the word “ecosystem” to describe our environment that we operate with, but we are often diluting its true positioning.

Truly unique ecosystems are hard to find and certainly to manage. One I really feel reflects a collaborative model worth explaining is the ones that are forming around Hydrogen as the alternative energy vector based on renewables. To replace or become a significant part of any entrenched energy system requires a system design approach. This part of the energy transition fits within the ‘greater’ energy system design.

Let’s look at this with some context and then clarify that approaching Hydrogen needs a unique Ecosystem design. We are presently building a unique ‘nested’ Hydrogen Ecosystem within the Energy Transition. It is interesting to explore, firstly here and then in a follow-up post on one of its specific parts. Continue reading

The Power of Innovation Ecosystems

Powerful networked ecosystem

We are entering the world of innovation ecosystems where broader, more complex innovation challenges, through greater collaborations can be achieved.

So to help, there is a dedicated site to building the arguments and exploring options for your future here in collaborative designs and you have found it!

Collaborative Ecosystems are forging a new direction and momentum for innovation to travel and tackle more demanding innovation that requires the capabilities of more than one to deliver what is becoming increasingly possible through technology and the network effect we see through our growing connections.

For many today, innovation is simply not working, it remains a disappointment for a variety of reasons, especially for those leading organizations required to be seeking out new growth, operating in increasingly volatile and tough markets where disruption and copying are increasing the pressures. Something has to change and it is this recognition that it can come from managing innovation in ecosystems that can provide part of the answer. Continue reading

The Evolving Platform Strategies in the Industrial Space

There is far more focus on the consumer platform market where Facebook, Alibaba, Google, etc. all get the publicity and consequential high valuations to their business models. Yet, the size of the Industrial Platform market will be bigger, perhaps not in “eyeballs” but far more in economic value and growth to those that commit to these changes by collaborating through a networked designed platform ecosystem.

Redesigning a specific industry space to adapt and adjust to a platform business model is hard work. The investment in years of building internal systems is rapidly becoming worrying “legacy” issues. The new way to perform in business is through open, collaborative networks of collaborators that achieve far more growth potential by participating in an ecosystem of partners.

Strategic Industrial relationships are radically changing Continue reading

Are innovation spillovers about to accelerate the course of the energy transformation?

Achieving clean energy technology innovations will be vital if we want to meet the goals of net-zero emissions in the next fifty years.

Innovation is central to the energy transition through new technology solutions.

Innovation can accelerate and achieve rapid reductions in emissions of greenhouse gases to anything near the net-zero goals set in the Paris Agreement of 2015 to hold the global average temperature to below 2oC of pre-industrial levels.

We need significant development and diffuse new technology solutions to displace existing energy assets to move towards a global economy based on clean energy.

As we look at any clean energy scenarios, it is highly reliant on moving concepts, through prototyping into a commercial demonstration. Presently many of the clean energy solutions rely on technologies that are present only in a prototype or early smaller demonstration-scale and will not come to a commercial scale without significant new R&D efforts.

There are also numerous concepts indicating promising technology solutions that have not been, as yet, commercially deployed in any mass-market way. Some scenarios looking out over the next thirty or more years are suggesting these critical technologies can make up to 75% of solving any cumulative CO2 emissions. Continue reading

Recognizing a Unique Part of the Hydrogen Ecosystem

Can you imagine a Hydrogen Ecosystem being created and organized, that needs to influence and shape national strategies for energy, provide education and understandings, suggest and provide regulations, standardization, infrastructure, and incentive suggestions and encourage solutions that need to scale?

Enter the Hydrogen Council to galvanize change within the Energy Transition and bring its promise to realization; to make our transition away from fossil fuel dependence into clean ones based on Hydrogen?

A shift to a high level of dependence on a critical energy vector is undoubtedly no easy task in a short period of giving the required momentum over the next 10 to 20 years. Our world is under such global warming threat we need to urgently make some real changes to our energy systems.

The Hydrogen Council has designated the current decade as “the H2 decade” to provide Hydrogen with the momentum, the pathway to scaling, and focus it needs, so it can be an irreversible force by 2030, to gain global recognition and adoption.

The building of a unique ecosystem in design is the formation of the Hydrogen Council. Continue reading

Creating A Unique Nested Hydrogen Ecosystem for the Energy Transformation

Ecosystems hold a particular fascination for me. The ecosystem approach has the potential to tackle and help resolve some of the more complex issues we face.

We increasingly are using the word “ecosystem” to describe our environment that we operate within, but often we are diluting its accurate positioning or understanding.

Indeed unique ecosystems are hard to find and certainly to manage. One I really feel reflects a collaborative model worth explaining is the ones that are forming around Hydrogen as the alternative energy vector based on renewables. To replace or become a significant part of any entrenched energy system requires a system design approach. This part of the energy transition fits within the ‘greater’ energy system design.

Let’s look at this with some context and then the clarification that approaching Hydrogen needs a unique Ecosystem design. We are presently building a unique ‘nested’ Hydrogen Ecosystem within the Energy Transition, and it is interesting to explore, firstly, here and then in a follow-up post on one of its specific parts, the Hydrogen Council. Continue reading