Monday, June 03, 2013

How can we transform the energy sector?


There are compelling reasons to improve our energy system – to make it more accessible, affordable and reliable, and to reduce its environmental impact. But energy change is often sluggish, especially as investing in energy infrastructure is expensive. A single power plant is a multi-billion dollar investment with a lifetime of decades.

Governments, citizens, private industry and NGOs all have different interests when it comes to energy. And since the consumer cannot distinguish among products from different sources, suppliers see incumbency as a considerable advantage.

Many cite the Manhattan Project and “Moon Shot” as potential models for how government could help transform the energy sector. However, those projects had a single focus, were funded entirely by the government and had little impact on the daily lives of citizens. For energy transformation, we need not only scientific innovation, but also large-scale deployment.

See full Article: http://forumblog.org/2013/03/how-can-we-transform-the-energy-sector/