Disruptive innovations are seen to have three core features: 1. They occupy a niche that expands into being a major disruption to a technological system; 2. They grow exponentially and are thus very surprising in their disruption and; 3. They create stranded assets.
This paper shows how renewable energy with battery storage has the three core features of a disruptive innovation, and predicts that the number of fossil fuel stranded assets are thus likely to increase with the rise of renewable energy generation. Forecasts for the share of renewable capacity in global energy demand will go beyond current estimates, due to the introduction of battery storage and decline in retail renewable electricity prices, and could account for 100% of global energy demand in a number of different scenarios by 2050. The authors find that renewables and storage can be characterised as disruptive innovations and have the potential to change energy systems dramatically between now and 2050.
Australia's Chief Scientist Alan Finkel points out, in this interview, the need for Australia to develop better storage systems and reflects on the recent report from ACOLA. California Energy Commissioner Andrew McAllister, also warns Australia to pursue demand side...Read more
The systematic review process in research ensures that all applicable research is considered. These studies demonstrate a rapid review method which enables a quicker answer to some of government's immediate pressing questions.Read more
In order to better target government climate change policies to influence citizens, it is critical that we have a good understanding of current community attitudes to climate change. In late 2016, Sustainability Victoria undertook one of the most comprehensive surveys of...Read more
In this report the effects of PV integration into diesel driven micro-grids was investigated. The focus was set to the fuel saving potential due to the PV integration and the resulting economics for the system.
The report starts with a summary of the most relevant technical aspects that need to be considered for the integration of PV in a diesel driven micro-grid.
Most energy efficiency programs target only one fuel, usually electricity or natural gas. While they achieve savings, they sometimes miss opportunities by failing to address other fuels. Dual-fuel programs, on the other hand, have the potential to save more energy, reduce program costs, and improve customer satisfaction. Yet many utilities still do not offer them because they often require collaboration with other utilities or program administrators, making them more difficult to run.