The world is going through an energy revolution and transition unlike anything we've ever seen before, and the rate of energy innovation is truly staggering.
Firstly, thank you to Chris for asking me to join him on The Mentor Project’s first podcast to discuss the Future of Energy which, as I regularly mention is one of the most active sectors globally as companies, entrepreneurs, governments, and investors alike continue to pour vast amounts of funding and focus into as we try to transition our world to a low carbon economy and more sustainable forms of energy generation and distribution.
We even have super volcano’s cropping into the future energy mix … and you can hear about all of them in the TMP podcast below:
311 Intelligence
What this means for your leadership team
Many breakthroughs, not one.
Energy now has hundreds of breakthroughs across hundreds of disciplines at the same time. No leadership team can safely bet on a single technology. The Green Energy Transition trend is marked Act now, with wide use by 2025.
Storage and wireless are nearer.
Grid scale energy storage is at TRL 9, with wide use by 2028, and is marked Prepare. Wireless energy is at TRL 8, with wide use by 2039, and is marked Watch. Storage deserves planning time first.
Fusion and space are long bets.
Fusion is at TRL 5, with wide use by 2065. Space based energy platforms are at TRL 4, with wide use by 2055. Both are marked Watch, so track them but do not plan around them yet.
Three questions for your next leadership meeting
Which of our energy costs depend on storage becoming widely used by 2028?
Where are we exposed if one energy breakthrough arrives later than expected?
Who in our firm owns the watch list for fusion and space power?
The trends and technologies behind this session
From the 311 Starburst, the 311 Strategic Intelligence Unit’s map of the technologies and trends shaping the next 50 years.
Energy is drawing funding from companies, entrepreneurs, governments and investors at once. Organisations face many breakthroughs across many fields, so they need a watch list with clear timings rather than one big bet.
How does grid scale energy storage relate to this session?
Grid scale storage is one of the fields named in the session. Our data puts it at TRL 9, with wide use by 2028 and an action of Prepare. It is among the nearest items on the list.
How does the green energy transition relate to this session?
The session describes the effort to move the world to a low carbon economy. Our data marks the Green Energy Transition as Act now, with wide use by 2025.
How can 311 brief our leadership team on this?
Through a private executive briefing or leadership workshop, tailored to your sector, in person first.
Bring this to your leadership teamA private executive briefing or leadership workshop, tailored to your sector. In person first, anywhere in the world.
Analysis by the 311 Strategic Intelligence Unit, from Matthew Griffin’s session and 311 data.
If Matthew gave this session today
Hundreds of emerging technologies are changing industry and society.
The codex explores hundreds of emerging technologies and their implications for global culture, industry and society, including the kinds of innovation Matthew believes can head off a global water crisis.
Interested in the Exponential Future? Join our XPotential Community, future proof yourself with courses from our XPotential Academy, connect, watch a keynote, or browse my blog.
