Innovation and Clean Energy

Innovation and Clean Energy is one of the challenges identified by the World Economic Forum Platform for Shaping the Future of Energy and Materials.

The pace of innovation in energy has never been faster. Significant cost reductions and fast adoption of renewable energies like solar, wind and energy storage have transformed the energy landscape. Fourth Industrial Revolution (4IR) technologies are digitizing and decentralizing industry and society, while giving more choice and control to consumers. These trends are positive, but fall short of creating the means to achieve the climate goals established under the Paris Accord. Further to the pressing environmental challenge at hand, energy innovation should also create new business opportunities and ensure availability and affordability for all.

Objective

The Innovation and Clean Energy challenge allows companies, governments and others to push the boundaries of innovation and expand available solutions across the energy value chain — for a better energy future.

Projects

· Partnering for Sustainable Energy Innovation

The project delivers and fosters bold ideas for accelerating the pace of innovation in sustainable energy. A strategic collaboration with Mission Innovation — an alliance of 25 governments and the EU — allows companies to engage with governments to advance clean energy R&D and priority innovation issues. The project also works with interested companies and governments to establish a Global Sustainable Energy Innovation Fund,blending public and private sources of capital to de-risk investors and support innovators across national borders.

· Energy Technologies 2030

Energy technology and energy transition modeling and scenarios can be both politically and economically influential. The Energy Technologies 2030 platform convenes businesses and scenario-producing organizations to form a clear consensus on the…

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