Innovation for the Energy Sector

  Source: MEKRA Lang

Innovation, and in particular development of the technologies needed to address the environmental challenges facing us now and in the future, is the key to any kind of sustainable future.

Back at the end of March I reviewed The Other Side of Innovation: Solving the Execution Challenge (Harvard Business Review Press, 2010), a book by Vijay Govindarajan and Chris Trimble on innovation for the corporate set.  As is always the case, since writing about the topic, I've become aware of how much commentary on innovation is pulsing through the web.  One piece in particular caught my attention.

In a post written April 25th on the Cleantech blog, Richard Steubi talks about innovation, and draws some conclusions about innovation in the energy sector:

"My experiences with large electric utilities, oil companies, equipment vendors, and engineering/construction firms — of a comparable magnitude and global reach as P&G — have not been so encouraging ........ to date, many aspects of the energy sector (particularly in the electricity industry) have largely been shielded from the imperative to innovate."

The focus of his post is twofold:

• Procter & Gamble's launch of its open innovation program, improving its ability to collaborate with outside partners in technology research and product development; and
• The U.S. federal government's hugely important catalytic role in commercial innovation, even in technologies (e.g., the iPhone) that seem on the surface to have been developed solely by “the free market".

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Comments

[short term rental london]

All the inovations for the energy sector are such a great success for the whole society. After all everything is based on energy like the vital driving force of development.

[packaging machine]

i think you are talking about great ideas and we must start to implement them.

[Moncler Rockar]

He is a good friend that speaks well of us behind our backs.

[Safety management Software]

The energy sector deserves so much from us. They supply us with all of our energy, especially during this technically sufficient era we are currently in.