Cleantech Group Presentation

Total Page:16

File Type:pdf, Size:1020Kb

Cleantech Group Presentation Next Generation Cleantech Doing Even More, With Even Less… …Costs …Resources …Damage to our Air, Water, and Land January 2018 The Original and Trademarked Cleantech Idea/Theme is Still Relevant Clean is more than green. Clean technology, or “cleantech”, should Cleantech spans many not be confused with the terms environmental technologies or industry verticals and is “green tech” popularized in the 1970s and 80s. Cleantech is new defined by the following technology and related business models offering competitive eleven segments returns for investors and customers while providing solutions to global challenges. Where greentech , or envirotech, represents the ▪ Energy Generation highly regulatory driven, “end-of-pipe” technology of the past with ▪ Energy Storage limited opportunity for attractive returns, cleantech is driven by ▪ Energy Infrastructure market economics therefore offering greater financial upside and ▪ Energy Efficiency sustainability. ▪ Transportation The concept of cleantech embraces a diverse range of products, ▪ Water & Wastewater services, and processes across industry verticals that are ▪ Air & Environment inherently designed to, ▪ Materials ▪ Manufacturing/Industrial ▪ Provide superior performance at lower costs ▪ Greatly reduce or eliminate negative ecological impact ▪ Agriculture ▪ Improve the productive and responsible use of natural ▪ Recycling & Waste resources 2 Living on Borrowed Time: Old Industries are on Notice Hard to find an incumbent company or established industry which is not exercised by what an enduring (sustainable) future looks like. Trillions of $’s of market value are at stake. That is why we are all here, no? Transportatio n & Logistics Industrial & Resources & Manufacturin Environment g Energy & Materials & Agriculture & Power Chemicals Food 3 A Perfect Storm of Systemic Innovation? How to deal with the potent mix of opportunity, threat and disruption, from a series of convergent drivers and accelerators? “Cleaner” is an important one, but does not sit “stand-alone”. Transportatio n & Logistics Industrial & Resources & Manufacturin Environment g Energy & Materials & Agriculture & Power Chemicals Food 4 Transport: ready for such a Perfect Storm in the 2020’s? Could such change and disruption in the Transport sector “drag along” and accelerate change in other segments – like Energy and Power? Transportatio n & Logistics 5 Transport: ready for such a Perfect Storm in the 2020’s? Could such change and disruption in the Transport sector “drag along” and accelerate change in other segments – like Energy and Power? Transportatio n & Logistics 6 Transport: ready for such a Perfect Storm in the 2020’s? Could such change and disruption in the Transport sector “drag along” and accelerate change in other segments – like Energy and Power? Transportatio n & Logistics 7 A Perfect Storm of Systemic Innovation? How to deal with the potent mix of opportunity, threat and disruption, from a series of convergent drivers and accelerators? “Cleaner” is an important one, but does not sit “stand-alone”. Transportatio n & Logistics Industrial & Resources & Manufacturin Environment g Energy & Materials & Agriculture & Power Chemicals Food 8 AI impacts across the entire energy and power value chain Project development/ Transmission & Consumption/ Retail Generation Customer acquisition Distribution Energy ▪ Marketing and sales ▪ Predictive maintenance ▪ Grid optimization ▪ Optimized building of DER of generation assets ▪ Microgrids and VPP management ▪ Meteorological ▪ Performance management ▪ Smart home models for optimized improvement ▪ Storage-based flexibility ▪ Consumption asset location ▪ Intermittency forecasts ▪ Predicting demand Disaggregation ▪ Optimized design and ▪ Distribution Automation ▪ Transactive Energy Key use Key use cases engineering and Control (DMS) Example Example Innovator 9 Our Blockchain in Energy And Industry Time-Line: Warming Up For the 2020’s $3m pre-ICO $34m ICO $500k $3m Series A seed $7.6m €3m $29m pre-ICO $5m $2m $4.5m Investments 2015 2016 2017 $2.5m private coin offering Partnerships 10 Space: the next Frontier and Platform for Next Generation Industries? AI Decentralization Advanced Reusability Manufacturing Innovation in many of the ‘next-gen’ areas we examine is driven by a convergence of several underlying key drivers/enablers. • Satellite Networks: Smarter, Cheaper, Reusable? • Geospatial Analytics: Seeing is believing • The Next-Generation: Some manufacturing shifts to space 11 Living on Borrowed Time: Old Industries are on Notice Hard to find an incumbent company or established industry which is not exercised by what an enduring (sustainable) future looks like. Trillions of $’s of market value are at stake. That is why we are all here, no? Transportatio n & Logistics Industrial & Resources & Manufacturin Environment g Energy & Materials & Agriculture & Power Chemicals Food 12 Disruption Intensity: who’s feeling it most right now? where’s the momentum? Utilities exhibit a long, steady burn, but the real intensity in growth rates of open innovation are today found around Transportation & Logistics, and Ag and Food. 2,000 Growth of Innovation Rates and Corporate Reaction Rates 1,800 for Agriculture & Food, Transportation, and Utilities, 2007-2017 1,600 1,400 1,200 1,000 800 600 400 200 0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Agriculture Innovation Rate Agriculture Corporate Reaction Transportation Innovation Rate Transportation Corporate Reaction Utilities Innovation Rate Utilities Corporate Reaction 13 Living on Borrowed Time: Old Industries are on Notice How to deal with the potent mix of opportunity, threat and disruption, from a series of convergent drivers and trends – “cleaner” is an important one, but does not sit “stand-alone”. $1.6>$8.7bn (2013-2017) Transportatio n & Logistics $0.6>$4.2bn $1.4>$1.5bn (2013-2017) (2013-2017) Industrial & Resources & $3.7>$2.4bn Manufacturin Environment $0.6>$2.7bn (2013-2017) g (2013-2017) Energy & Materials & Agriculture & Power Chemicals Food $0.9>$0.9bn (2013-2017) Source: Cleantech Group’s Quarterly Investment Monitor, Q4 2017 14 Next Generation Cleantech Doing Even More, With Even Less… …Costs …Resources …Damage to our Air, Water, and Land January 2018 Dry Powder is Returning: a stronger year for cleantech-related fundraising ~€60 million $354 million European Smart Energy software, hardware, energy, automation, life join ~$40 million sciences and chemistry Advanced materials $150 million energy, electronics, robotics, manufacturing, health, and sustainability. ~€106 million biotech, energy Energy technology, clean ‘Dedicated to renewable $191.9 million digital technologies, and chemisty’ World Positive: utility of the future Sustainable Systems, Healthy Living… 2017 Jan Feb Mar Apr May Jun 2017… $400 million Integrated Deployment Qingdao Capital for solutions not Chengtou Haisi $42 million complications Cycle Equity Fund Investing in new mobility €240 million $180 million Energy Transition & , All Things Food. Investing Mobilities of the Future RMB600 million $168.3 million from ‘soil to shelf’ Industrial technology transformative solutions startups for cybersecurity Jul Aug Sep Oct Nov Dec 2018 16 The arrival of the billion dollar club is significant for next generation cleantech Investor Size Investment Orientation/Language Illustrative Portfolio Companies $93 Billion “Enabling the new age of innovation” “achieving social and environmental impact alongside $2 Billion competitive financial returns” TPG Rise Fund “technologies that have the potential to significantly $1 Billion reduce greenhouse gas emissions” $1 Billion “Building clean, affordable and safe cars for everyone” Alliance Ventures “Ensure…standard of living, including basic electricity, healthy $1 Billion food, comfortable buildings, and convenient transportation, First Announced Investments Expected in H1-2018 without contributing to climate change.” “innovation that can disrupt industries and create new €1 Billion markets” Access to “Committed to transforming economies, growing middle class many billions income populations, deepening comparative advantages, and of AUM invest in emerging champions” “promoting equitable diffusion of technology and Undisclosed sustainable modernization ” 17 Next Generation Cleantech Doing Even More, With Even Less… …Costs …Resources …Damage to our Air, Water, and Land January 2018 Next Generations: Significant Change is Afoot “With an estimated $4tn expected to be passed down within a generation in the UK and North America alone, according to a wealth transfer report earlier this year by Royal Bank of Canada, private banks are in a race to retain the millennial children of wealthy families and improve their offerings to entice those in their 20s and 30s to sign up.” “What is very clear to me is that millennials’ values are distinctively focused on making the world a better place, using financial capital for social return, having an impact and supporting sustainable development,” says Burkhard Varnholt, deputy global chief investment officer at Credit Suisse. 19 Next Generations: Significant Change is Afoot “Society is demanding that companies, both public and private, serve a social purpose. To prosper over time, every company must not only deliver financial performance, but also show how it makes a positive contribution to society” Excerpt from the annual letter to S&P500 CEO’s from Larry Fink, CEO of the world’s largest asset manager ($6.3 trillion), BlackRock 20 Next Generation Cleantech Doing Even More,
Recommended publications
  • Putting Clean Tech on a Path to Subsidy Independence
    APRIL 2012 BE YOND BOOM & BUST PUTTING CLEAN TECH ON A PATH TO SUBSIDY INDEPENDENCE Jesse Jenkins, Director of Energy and Climate Policy, Breakthrough Institute Mark Muro, Senior Fellow, Metropolitan Policy Program, Brookings Institution Ted Nordhaus and Michael Shellenberger, Cofounders, Breakthrough Institute Letha Tawney, Senior Associate, World Resources Institute Alex Trembath, Policy Associate, Breakthrough Institute APRIL 2012 BE YOND BOOM & BUST PUTTING CLEAN TECH ON A PATH TO SUBSIDY INDEPENDENCE Jesse Jenkins, Director of Energy and Climate Policy, Breakthrough Institute Mark Muro, Senior Fellow, Metropolitan Policy Program, Brookings Institution Ted Nordhaus and Michael Shellenberger, Cofounders, Breakthrough Institute Letha Tawney, Senior Associate, World Resources Institute Alex Trembath, Policy Associate, Breakthrough Institute INSTITUTIONAL AFFILIATIONS LISTED FOR IDENTIFICATION PURPOSES ONLY APRIL 2012 CONTENTS 3 EXECUTIVE SUMMARY g CONTENTS f 4 EXECUTIVE SUMMARY 4 Key Recommendations for a New Era of Clean Energy Policy 8g Key Recommendations for a New Era of Clean Energy Policy 8 PART 1: FROM CLEAN TECH BOOM TO FEDERAL SPENDING BUST 1g2 PART 1: FROM CLEAN TECH BOOM TO FEDERAL SPENDING BUST Methodology 1g5 12 Methodology 15 Analysis of Federal Clean Tech Spending, 2009 to 2014 1g6 Analysis of Federal Clean Tech Spending, 2009 to 2014 16 The Federal Clean Tech Funding Cliff 1g9 The Federal Clean Tech Funding Cliff 19 What’s Left After 2014? 2g2 What’s Left After 2014? 22 PART 2: CLEAN TECH MARKET IMPACTS 2g3 PART 2: Wind
    [Show full text]
  • MANUFACTURING AGENDA a National Blueprint for Clean Technology Manufacturing Leadership and Industrial Transformation CONTENTS
    MANUFACTURING AGENDA A National Blueprint for Clean Technology Manufacturing Leadership and Industrial Transformation CONTENTS Executive Summary 2 Overarching Objectives 4 MANUFACTURING AGENDA 6 PILLAR 1: Invest at Scale in a New Generation of American Manufacturing 6 PILLAR 2: Innovate to Transform Industry 11 PILLAR 3: Responsibly Mine, Reclaim, and Recycle Critical Materials 14 PILLAR 4: Use Public Investment Wisely to Build a Strong, Clean, Fair Manufacturing Economy Across America 16 PILLAR 5: Change the Rules to Build a Clean Economy that Works for All 20 Glossary of Key Concepts and Terms 23 Endnotes iii Cover photo by: Sam VarnHagen, courtesy of Ford Motor Company EXECUTIVE SUMMARY Introduction The U.S. can once again lead the world in manufacturing the technologies and products of the future. As an integral part of an aggressive strategy to address the climate emergency head on—and in line with achieving net zero emissions economy-wide by 2050—we have the opportunity to modernize and transform our industrial base to make it the cleanest and most advanced in the world, while spurring the creation of a new generation of good, safe jobs manufacturing clean technology. This industrial transformation can bring dynamic industries back to communities that have been left behind by deindustrialization and under-investment, and provide a starting point for broadly shared growth and prosperity. Last year, the BlueGreen Alliance—alongside our labor central role in the balance of U.S. imports and exports— and environmental partners—released Solidarity for and the jobs that go with them. Manufacturing also Climate Action, an ambitious, concrete platform to has the proven ability to provide pathways into the address the crises of climate change and economic and middle class for millions of workers and families, and to racial inequality simultaneously.1 support millions of high-skill, high-wage jobs.
    [Show full text]
  • Fostering Clean Technology Innovation
    The GEF UNIDO Global Cleantech Programme for SMEs Fostering Clean Technology Innovation in Emerging and Developing Countries “We are creating an innovative, global program supporting small- and medium- sized enterprises by leveraging the Cleantech Open’s global platform with UNIDO’s international network and resources.” — Dr. Naoko Ishii, CEO and Chairperson, Global Environment Facility EntrEprEnEurial innovation is thE answEr to our most prEssing EnvironmEntal problEms, and thE kEy to Economic growth • Innovators are developing ingenious solutions to major challenges in energy generation, distribution and storage, air and water pollution, waste management, new forms of transport and construction techniques. • Entrepreneurship thrives in countries where there’s minimal red tape, strong rule of law, ready access to venture capital, and a vibrant support network for entrepreneurs. • Almost all net new jobs are created by growing small businesses. storage, air and water pollution, waste management, new forms of transport and construction techniques. gEF, unido and clEantEch opEn bring PROVEn EXpEriEncE • UNIDO and the Cleantech Open, with the support of the GEF, have joined forces to launch cleantech platforms and competitions in developing and emerging countries, based on the Cleantech Open’s proven accelerator model originally created in Silicon Valley. • UNIDO has been supporting SME’s in developing countries for over 20 years. • The Cleantech Open runs the world’s largest cleantech accelerator, supporting innovators and entrepreneurs through extensive training, mentoring, showcases and access to capital: • Over 720 startups have completed this process in the United States alone • Over 40% of reporting alumni companies have now raised capital totalling over $800M, creating thousands of jobs • Participating countries will have access to the UNIDO’s in-country resources and to the Cleantech Open’s events, training, materials and an online global platform connecting entrepreneurs to a global network of mentors, investors and experts.
    [Show full text]
  • Sustainable Low-Carbon Transport Through the GEF
    Advancing Sustainable Low-Carbon Transport Through the GEF A STAP Advisory Document Scientific and Technical Advisory Panel The Scientific and Technical Advisory Panel, administered by UNEP, advises the Global Environmental Facility Advancing Sustainable Low-Carbon Transport Through the GEF A STAP Advisory Document Scientific and Technical Advisory Panel The Scientific and Technical Advisory Panel, administered by UNEP, advises the Global Environmental Facility Advancing Sustainable Low-Carbon Transport Through the GEF Prepared on behalf of the Scientific and Technical Advisory Panel (STAP) of the Global Environment Facility (GEF) by: Holger Dalkmann (Transport Research Laboratory) and Cornie Huizenga (Partnership on Sustainable, Low Carbon Transport)* Acknowledgements The authors would like to thank Lev Neretin of the Secretariat of the Scientific and Technical Advisory Panel of the GEF for the guidance provided in the drafting of the Advisory Document. The Document benefited greatly from the comments and suggestions received from the World Bank, Asian Development Bank, Inter-American Development Bank, the United Nations Development Program, the United Nations Environment Program, as well as the GEF Secretariat. A draft of the document was also circulated for comments to selected members of the Partnership for Sustainable Low Carbon Transport and comments were received from Axel Friedrich; Heather Allen (International Organization for Public transport); Andrea Lobo and Hilda Martinez (Center for Sustainable Transport Mexico); Sophie Punte (Clean Air Initiative for Asian Cities Center); Sanjivi Sundar (The Energy and Resources Center); Eric Zusman (Institute for Global Environmental Strategies). Please use the following reference for this publication: GEF-STAP (2010). Advancing Sustainable Low-Carbon Transport Through the GEF, A STAP advisory document by Holger Dalkmann and Cornie Huizenga.
    [Show full text]
  • Sustainable Energy Solutions and Clean Technologies in Eastern Europe, Caucasus and Central Asia
    Sustainable Energy Solutions and Clean Technologies in Eastern Europe, Caucasus and Central Asia INCLUSIVE AND SUSTAINABLE INDUSTRIAL DEVELOPMENT Copyright © UNIDO 2018. All rights reserved. This document has been produced without formal United Nations editing. The designations employed and the presentation of material in this publication do not imply the expression of any opinion whatsoever on the part of the Secretariat of the United Nations Industrial Development Organization (UNIDO) concerning the legal status of any country, territory, city or area or of its authorities, or concerning the delimitation of its frontiers or boundaries, or its economic system or degree of development. Designations such as “developed”, “industrialized” and “developing” are intended for statistical convenience and do not necessarily express a judgment about the state reached by a particular country or area in the development process. Mention of firm names or commercial products does not constitute an endorsement by UNIDO. The opinions, statistical data and estimates contained in signed articles are the responsibility of the author(s) and should not necessarily be considered as reflecting the views or bearing the endorsement of UNIDO. Although great care has been taken to maintain the accuracy of information herein, neither UNIDO nor its Member States assume any responsibility for consequences which may arise from the use of this material. This document may be freely quoted or reprinted but acknowledgement is requested. For reference and citation, please use: UNIDO (2018). Sustainable Energy Solutions and Clean Technologies in Eastern Europe, Caucasus and Central Asia. Fresner, J., Krenn, C., Schoening, S. A report of the United Nations Industrial Development Organization, Vienna, Austria.
    [Show full text]
  • The Latest Edition of ECOS News We Have Recently Been
    November 2010 Welcome to the latest edition of ECOS News CONTENT We have recently been asked to elaborate on private equity or venture capital funds that like ECOS, are active in the renewable energy and/or clean technology sectors with a geographic focus on Latin America. There are some examples but for now, not many exist. There are a great number of investors making commitments in the segments and geographies previously EDITORIAL mentioned; however, the combinations are not exact. One comes across global or international clean-tech funds that also invest in Latin America; or across non sector specific Latin American funds that also invest in clean tech / renewable energies. At ECOS, we feel privileged to have co-invested with fine partners and plan LATIN AMERICA to continue doing so, nonetheless the question remains - why are there just a few sector and market specific - Macro Trends vehicles, similar to ECOS in the Latin American markets today? Market size does not seem to be the issue: Brazil or Mexico (and increasingly Chile or Colombia) have an impressive number of funds and active asset managers (not sector specific). Exit options may be a factor that SUSTAINABLE FORESTRY influences fund managers to not bet on just one sector or one market: “IPOability” is not yet a given in most - General Trends markets, so trade sale opportunities need to be screened as from the moment an investment is made. - News ECOForest Regulatory frameworks seem to be another crucial element; at the end, regulatory measures are the - Portfolio Companies backbone of the creation of many European and North American funds that opted for a sector specific investment mandate.
    [Show full text]
  • Navigating Bioenergy Contributing to Informed Decision Making on Bioenergy Issues
    Printed in Austria V.09-87585–November 2009–1000 Navigating Bioenergy Contributing to informed decision making on bioenergy issues UNITED NATIONS INDUSTRIAL DEVELOPMENT ORGANIZATION Vienna International Centre, P.O. Box 300, 1400 Vienna, Austria Telephone: (+43-1) 26026-0, Fax: (+43-1) 26926-69 E-mail: [email protected], Internet: www.unido.org NAVIGATING BIOENERGY Contributing to informed decision making on bioenergy issues UNITED NATIONS INDUSTRIAL DEVELOPMENT ORGANIZATION Vienna, 2009 This document has been produced without formal United Nations editing. The designa- tions employed and the presentation of the material in this document do not imply the expression of any opinion whatsoever on the part of the Secretariat of the United Nations Industrial Development Organization (UNIDO) concerning the legal status of any country, territory, city or area or of its authorities, or concerning the delimitation of its frontiers or boundaries, or its economic system or degree of development. Designations such as “developed”, “industrialized” and “developing” are intended for statistical convenience and do not necessarily express a judgment about the stage reached by a particular country or area in the development process. Mention of firm names or commercial products does not constitute an endorsement by UNIDO. FOREWORD Today’s convergence of crises—the economic slowdown and the financial squeeze, compounded by continuing volatility in food and fuel prices—is shaping the global energy agenda and heightening concerns over energy security and climate change. Energy security is vital to developed and developing countries alike. But for developing countries, access to reliable and modern energy services is indispens able to fighting poverty and achieving sustainable development.
    [Show full text]
  • Green Technologies and Sustainable Development
    International Journal of Applied Environmental Sciences ISSN 0973-6077 Volume 12, Number 5 (2017), pp. 937-951 © Research India Publications http://www.ripublication.com The Importance of Green Technologies and Energy Efficiency for Environmental Protection Mohd. Wira Mohd Shafiei and Hooman Abadi School of Housing, Building and Planning, Universiti Sains Malaysia. 11800 USM, Penang, Malaysia. Abstract It is essential that an appropriate model of green building be used by the administrators and professionals. The global problems of environmental degradation have forced the society to rethink about the way of development and evolve the concept of sustainable development. Indeed, the new environmentally friendly technologies are fundamental to attain sustainable development. Various green initiatives are being taken to maintain and improve the quality of environment that might flourish on the new resource efficient and sustainable thinking society of the future. There is hope for international action in the application of science and technology to environmental concerns a hope born of the urgency of current environmental problems, of the new-found recognition of mutual environmental interests and of the fundamental role of science and technology in general and green technologies, in particular, in assessing and responding to environmental threats. This study aims to investigate the prima facie conjecture that there are problems to an evaluation on development of green building and energy efficiency in developed country with regard to the effectiveness of green building. These problems may explain why the main players are less responsive to the implementation and practice of the green building and energy efficiency .The data were collected via a questionnaire survey and analysed with the help of SPSS.
    [Show full text]
  • Smart Sustainable Mobility. a User-Friendly Transport System Is A
    Smart sustainable mobility A user-friendly transport system is a combination of intelligence, low carbon energy, and adaptable services ISIONS •V •S S C T I H E N G I C L E H • T G 5 I E H C H H C N R O A L E O S G E Y R • VTT VISIONS 5 Smart sustainable mobility ISBN 978-951-38-8274-7 (print) ISBN 978-951-38-8275-4 (online) VTT Visions 5 ISSN-L 2242-1157 ISSN 2242-1157 (print) ISSN 2242-1165 (online) Copyright © VTT 2014 PUBLISHER VTT Technical Research Centre of Finland P.O. Box 1000 (Tekniikantie 4 A, Espoo) FI-02044 VTT, Finland Tel. +358 20 722 111, fax +358 722 7001 AUTHORS: Raine Hautala, Veikko Karvonen, Jukka Laitinen, Juhani Laurikko, Nils-Olof Nylund, Mikko Pihlatie, Karri Rantasila, Anu Tuominen EDITORS: Nils-Olof Nylund & Kaisa Belloni DRAWINGS: Jutta Suksi PHOTOS: Non-royalty free images copyright VTT Printed in Kopijyvä, Kuopio 2014 Contents MOBILITY RE-INVENTED 6 GRAND CHALLENGES AND SETTING THE STAGE 8 Key point: de-carbonizing transport 11 Transport in numbers globally 16 Special characteristics of the transport sector in Finland 19 SUSTAINABLE MOBILITY IS A MINDSET AND AN OPPORTUNITY! 22 The game is changing! 24 From motoring to mobility 26 From fossil to renewables 29 Electrifying transport 34 SMART MOBILITY INTEGRATED WITH LOW-CARBON ENERGY 38 Understanding and supporting the socio-technical transition 42 Smart mobility is connected services 48 Going for green energy 54 Cutting the energy use of vehicles in half 60 Cooperation with Helsinki Region Transport 64 Cooperation in competence building 66 VTT excels at making a change 68 SUMMARY 70 References 71 Selected further readings with a focus on smart mobility 72 Smart sustainable mobility 3 4 Smart sustainable mobility Smart sustainable mobility 5 Mobility re-invented Imagine a system based on here is that we need mobility, of people and of actual user demand goods, but we have to fulfil the mobility needs in a smarter and more sustainable way.
    [Show full text]
  • Assessing the Many Benefits of State and Local Clean Energy Initiatives
    Clean Energy and the Economy: Assessing the Many Benefits of State and Local Clean Energy Initiatives Multiple Benefits of What are the economic benefits of Clean Energy Initiatives clean energy? Reducing energy demand and increasing renewable energy generation from state and local clean energy Clean energy initiatives, including those that advance energy efficiency, initiatives—such as goals, standards, codes, funds, and renewable energy and clean distributed generation can: programs—generate many benefits including: ■ Lower energy costs. • Security, diversity, and overall reliability ■ Increase personal disposable income. improvements for the electric system. ■ Increase revenue for businesses. • Improved environmental quality, human health, and quality of life. ■ Increase income, employment, and output. • Increased economic prosperity. ■ Reduce fuel costs and new electric power plant construction costs. This brochure is part of a series and focuses on ■ Reduce health care costs as a result of better air quality and economic benefits. public health. How do clean energy initiatives benefit What’s Inside: • Why assess the economic benefits of the economy? clean energy? • How can policy makers estimate ■ Direct Economic Benefits: Companies that provide the equipment, technologies, the macroeconomic benefits of and services needed to implement an initiative benefit from increased demand, clean energy? which increases their revenue and their ability to hire more people. In the case of • A Benefits Flash with quantitative energy efficiency, consumers and companies both benefit by spending less money examples of how clean energy on electricity. initiatives result in economic, air quality, and public health benefits. ■ Indirect Economic Benefits: Suppliers to clean energy equipment and service • Where to go for more information.
    [Show full text]
  • International Association for Hydrogen Energy (IAHE) Has Four Categories of Membership
    August 2017 Volume 9 Issue 4 Electronic Newsletter The US Army’s new truck is silent— Test-bed of technology and driving it is surreal GM formally handed the Colorado ZH2 to TARDEC for a year-long evaluation beginning late last year. It may look like a concept, but its chunky looks hide a test-bed of technologies. Chief among them is the 170-horsepower electric motor that receives its juice from a hydrogen fuel cell. This test truck actually uses a Gen 0 (in GM-speak) fuel cell powertrain borrowed from GM's now- discontinued line of fuel cell Chevy Equinox crossovers. It's not the latest and greatest fuel cell setup, but it does serve as a good starting point for military testing in a va- riety of durability and feasibility situations that simulate everything from reconnaissance to combat. When you're slinking behind enemy lines, the last thing you want is to be detected. The hydrogen fuel cell also provides juice to a separate electric generator housed behind a top-hinged trunk For the U.S. Army's Tank Automotive Research, Develop- where the standard Colorado's bed would be. An electric ment and Engineering Center (TARDEC), the next step in generator could eventually replace the loud, inefficient military vehicle technology marks its location with only a diesel generators the armed forces currently lug behind hint of water dripping out of its tailpipe. their Humvees to power their communications devices. The only sound you'll hear as it approaches is the crunch Underneath, the ZH2 is basically an off-road ready Colo- of the ground beneath its big mud tires.
    [Show full text]
  • Alternative Technology Options for Road and Air Transport" Project, Ref
    EUROPEAN PARLIAMENT Scientific Technology Options Assessment S T O A Alternative Technology Options for Road and Air Transport (IP/A/STOA/SC/2005-179) Study IPOL/A/STOA/ST/2006-10 PE 383.214 This final report was commissioned under specific contract IP/A/STOA/SC/2005-179, for the "Alternative Technology Options for Road and Air Transport" project, ref. Framework Con- tract IP/A/STOA/FWC/2005-28. Only published in English. Authors: ETAG (European Technology Assessment Group): ITAS - Institute for Technology Assessment &Systems Analysis, Karlsruhe DBT - Danish Board of Technology, Copenhagen viWTA - Flemish Institute for Science & Technnology Assessment, Brussels POST - Parliamentary Office of Science & Technology, London Rathenau Institute, The Hague Jens Schippl, ITAS: [email protected] Christian Dieckhoff, ITAS: [email protected] Torsten Fleischer, ITAS: [email protected] Administrator: Jarka Chloupkova Policy Department A - Economic and Scientific Policy Internal Policies Directorate-General European Parliament Rue Wiertz 60 - ATR 00K074 B-1047 Brussels Tel: +32-2-2840606 Fax: +32-2-2849002 E-mail: [email protected] Manuscript completed in February 2007. The opinions expressed in this document do not necessarily represent the official position of the European Parliament. Reproduction and translation for non-commercial purposes are authorised provided the source is acknowledged and the publisher is given prior notice and receives a copy. Rue Wiertz – B-1047 Bruxelles - 32/2.284.43.74 Fax: 32/2.284.68.05 Palais de l‘Europe – F-67000 Strasbourg - 33/3.88.17.25.56 Fax: 33/3.88.36.92.14 E-mail: [email protected] IPOL/A/STOA/ST/2006-10 PE 383.214 Executive Summary In the transport sector, despite a number of political initiatives, the energy demands as well as greenhouse gas emissions are growing at an alarming speed.
    [Show full text]