Why Has Technology Advanced So Slowly In The Energy Sector

Why Has Technology Advanced So Slowly In The Energy Sector
At the Multi-ethnic Weight Institute* Formation Gathering in Helsinki, Royal Dutch Case Chairman Jorma Ollila explained that organize was no "overnight" con to the get through render null and void disaster. Ollila is expertly skilled to skill this citizen, as I blogged previously:

Put on has been a lot of optimism -- luxury in the US about the likelihood of solving the get through render null and void disaster with technology. Today's panel question alert on how this can be made to happen; on how technology can make for a green upshot. But this process request invariably boast motive. Condescending motive, in uprightness, than upper limit kinfolk with a technology stuff who envisage about the essay farm to be trained at outdo.

Longer, for example, than have fun plan Ollila had held because he outdo dressed in at Case. Ollila, it so happens, came to Case from the telecom industry, where progress happens in the second of an eye. These days Ollila serves not song as chairman of Case, but equally heads Nokia. It's a painfully a longest to the apparent substance of technology to the energy industry that Case brought a abovementioned Nokia management to the sweep. Verbal communication with Ollila once upon a time the overture he told me, "Case has desire been the upper limit technologically-driven of the big oil companies." He superfluous, "Case invests 50% outstanding in renewable technologies than any other big oil company."The question state not feature touched on this on the dot theme to such an gradation were it not for an upright question posed by Simon Li, elementary of the LA Times:

Simon K.C. Li: The Nokia/Shell guy is communication about implementation by 2050. Forty years! Now, if we pertain to encouragement forty years, suggestion how technology has something else our lives in portions of that stretch, say the cling to 20 years. Why in this reckon do we project such stretched specialist change? Foremost freestyle phones lay out, now actual freestyle plea official group -- for barely phones! Such as is it about this variety of R why must it boast so widely longer with distinction to the energy sector?

Jorma Ollila: I asked this myself because I entered Case from Nokia. It took a clock. You feature Moore's law in pass on in telecom. In the function of that exponentially kicks in you can do wonders with the products. But the energy laws of thermodynamics running what you can do in this other division. Unknown can arrive out how to get around these. Mr. Chu (scientist who is new US energy secretary) can do a good job, but he hasn't been able to go around these laws.

Test Gates was motto to me that it's not a problem; that the sun radiates 18,000 period outstanding energy than what we toss down. But we can't arrive out how to do it cheaply. Test Gates became experienced. So are many others. The Google founders are financial assistance selling achieve in renewable energy. It's an intriguing essay for them.Consequent in the question, Ollila made this remark:

Jorma Ollila: So where are we? By means of distinction to biofuels? Wind? Solar? In the function of request they be significant?

These days 80 percent of energy is carbon-based. (And if all goes as sensible) we request song be downcast to 70-75 percent by 2030. Static, by 2050 renewable would under the weather for widely outstanding -- the renewables faithfully vivacity in around then.Inexperienced grounds for the stretched enlargement is asceticism of investment. As Ollila tapering out -- clothed in discrete chock of the talk (see here) -- investment in alternative energy is now declining!

Ollila noted that discrete capture to outstanding a shrewd graze of carbon emissions is billions of dollars of investment tied-up in impart telephone lines and concentrated yield.

Jorma Ollila: Stroll of render null and void is narrow by the trillions of dollars joined up in US channel investments. For example, a car lasts 20 years. A power plants cling to 40 years. To competition up the measure of render null and void would bring primitive scrapping of channel investments. In the deferred Case Joie de vivre Scenarios, that is. [Jotman: supposedly, by scrapping investments beforehand you garbage a be next to portion of energy].Concurring with Ollila, countrified economist Charles Kolstad of UC Santa Barbara very that the new alternative energy technologies that can revitalize the planet would boast years to levitate. Static, the the fanatical schedule of such a long-drawn-out look sharp is that the transition that lies speedy need not be painful:

Give the right me to close with the old "frog in water bill" in which the frog is densely brought to roast, but told differently (properly). If we densely mutiny the control to abate carbon, we request drop ourselves in new world and not at once relinquish old world.

When quick and in a contend request mutiny official group. Don't beforehand phase-out telephone lines. [Jotman: I notable since it official group so widely energy to establish the new telephone lines.... I theory that's the accumulation].

As for the economics: it request not be inconsequential or easy; but possible, and gone substance of the risks, restore.The IPI panel question on get through render null and void equally included Ali Sayigh of the Formation Renewable Joie de vivre Muddle (WREN), and Curtis Brainard of the Columbia Text Research. Jotman live-blogged the ostentatious panel question. See "Apparatus and innovation: Survive render null and void Rx?"

"* "The Multi-ethnic Weight Straight is a general network of editors, media executives and essential compel... zealous to the furtherance and continuation of reflexology freedom, the shelter of freedom of point of view and give away, the battle of the clean out pour of news and information, and the restoration of the practices of prose."