Accelerator: Clean Energy Generation, Distribution and Management

Green energy generation, distribution and management as replacement or alternative for conventional fossil fuels

Clean Energy Generation, Distribution and Management

Accelerator > Earth and Beyond

Led by renewables, energy storage and Internet-of-Things technologies, clean energy is achieving parity with conventional energy

Definition
  • Generation, distribution and management of renewable and other clean energy sources as alternative to fossil fuels

Outlook
  • Lower renewable energy costs as solar and other renewables reach grid-parity, increasing attractiveness vis-a-vis fossil fuels, and driving adoption by consumers and businesses
  • Increased functionality and decreased costs of energy storage solutions
  • Improved energy conservation enabled by Internet-of-Things applications like smart thermostats
  • Supportive global regulatory environment due to ratification of the Paris Agreement on climate change, including potential taxes on greenhouse gas emissions
  • Increased short-term uncertainty due to election of Donald Trump as U.S. president

Implications
  • Increasing pressure for energy utilities to evolve business models from centralized conventional to decentralized renewable energy systems
  • Decreasing long-term demand for oil and other fossil fuels
  • Renewing potential interest in cleaner nuclear technology

How can you adopt clean energy and energy conservation practices to not only reduce greenhouse gas footprints, but also lower operating costs?