Cost and Performance of Sustainable Alternatives

Innovations must be competitive with the established energy industry and fossil fuels across the dimensions of cost, efficiency, scale, lifecycle, and performance to be widely used.

What breakthrough solutions could be sustainable alternatives to existing energy industry and fossil fuels?

Hi @Access600, @SPSBadwal, and @cananacar - Curious to know your thoughts on breakthrough solutions that could be sustainable alternatives to existing energy industry.

Hi @Ali, @adventureashr and @Febbie - What are your thoughts on breakthrough solutions that could be sustainable alternatives to existing energy industry.

Hi @gbarrow, @Shepard, and @J_Larina - What are your thoughts on breakthrough solutions that could be sustainable alternatives to existing energy industry?

Hi @akb, @b0bbybaldi, @Jesse_Nyokabi and @agval - Please share your thoughts on emerging breakthrough solutions in the next two decades that could be sustainable alternatives to existing energy industry?

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Global Renewable Energy Network

This is a key concept for preventing climate change. To achieve close to 100 percent renewable energy we need innovations in energy generation, transport and storage. A schematic of the innovative components for a global renewable energy network are shown:
https://www.innovationfuturespecialist.co.uk/gallery/energynetwork.html

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An interesting breakthrough solution: https://www.solarpaces.org/a-nanotech-cermet-coating-just-one-of-many-gen3-csp-innovations/

Rapid innovation is taking place that facilitates the ongoing transition through falling costs of renewable technologies and also enabling technologies such as batteries for storage. Along with the new policy imperatives, innovation strengthens the momentum of
energy transition. As technology improvements are permanent, they
reduce the risk of policy volatility. The progress for solar and wind
technology is a prime example that the future can be steered in a certain
direction through technology policy.

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I agree with you. Energy generation, transport and storage are key. Energy efficiency is key in all. Hybridization of the different energy system is key too for sustainable energy future.

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Hi @Greenduck, @boktan, @markjayct, @sev and @josephjjames - Given the awesome breakthroughs you’ll had suggested in this discussion, we wanted to further understand its cost, efficiency, performance and lifecycle in comparison to fossil fuels.

This is were I often find extreme resistance to what is truly needed in the industry and in our communities, and that is a robust and locationally specific PROCESS to identify what will work.
The best and most innovative tech can be applied badly and will be costly if the application and use is not developed from the spirit, capacity, and capabilities of the community.

We need to use tech to address the systemic opportunities, and we cannot do that unless we understand those opportunities. It will not be enough to provide cooling stations, for example, if that, in turn, raises energy costs increases carbon emissions and refrigerant leakage, and creates additional societal inequity. But if we are able to identify nodes in the community where people naturally gather, we could then provide nature-supported cooler locales that can activate the community, reduce energy use, create resilience through relationships, and reconnect people to Nature.

What guidance and process-mapping can we create to help identify the power of the place, to inform the solution-based steps in supporting that power of place? If this is done then the costs will come down, and where they don’t come down enough there will be intimate connection with the foundational needs of that community, ensuring the work will be done in some way over time. (multi-solving)

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Hi Shashi, I doubt that here is the place to go into such claims and details concerning the cost, efficiency, performance and lifecycles of our various conceptual breakthroughs. These may better be discussed after XPrize teams have worked on them. Are XPrize administrators to develop ‘meeting rooms’ at which breakthrough possibilities can be discussed and teams formed? I would be happy to upload documents describing how each of my breakthroughs might work to such a place so that interested folk could form competing or collaborating teams to work aspects of them up into XPrize or other projects.

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Hi @Sev,

Here is our process, at present, we are in the process of analyzing various breakthroughs to come up with prize direction which would have maximum Impacts. We would be prioritizing 4 ideas based on the one which is most promising, most audacious, and - importantly - most in need of an XPRIZE competition. This ideas would be pitched in the Global Visioneering Summit in October to see which idea receives maximum consensus to be launched as the next big XPRIZE.

Also, we don’t need a detailed comparison, an overarching broad overview would help our analysis. Thanks.

Hi Shashi, I have already provided Nick Ottens of The Bridge with half page summaries of seven of my conceptual breakthroughs, two of which are directly related to CDR, as well as a document indicatlng their Technical Readiness Levels (TRL), principal effects, funding level likely required to determine proof of concept or demonstration, risk, expected community acceptability, timeliness, etc. I have some extensive documentation regarding their design, potential costs, revenues and subsidiary environmental benefits that I can send you, should your committee wish it. These would be best transmitted via email.

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@Shashi, to add to the responses here attached, I would argue that the most significant breakthrough will come from economies of scale. Once enough innovative energy technologies have been deployed, and EVs distributed renewables and storage. The industry and realities will start shifting in the direction we would all like it to be already. In my opinion, the most significant obstacle remains in reaching this level of market penetration through sustainable business models worldwide.

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Hi @Paul, @everforce and @Ruslana - In your views what breakthroughs could be sustainable alternatives to existing energy industry in the next two decades?

Hi @JSGardner, @clabeaux and @echomann - You might have some inputs to share on breakthrough solutions that have the potential to be sustainable alternatives to existing energy industry in the next two decades.