Presented by Stephan Dolezalek of VantagePoint Venture Partners, April 8, 2010 at the Spring 2010 Energy Management and Innovation Center, McCombs School of Business, The University of Texas at Austin
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Energy and the Process of Innovation
1. Energy and The Process of Innovation Stephan Dolezalek VantagePoint Venture Partners April 8, 2010
2. VPVP CleanTech Portfolio Page Electrification of Transport Energy Storage Grid Management LED Lighting and Building Efficiency Power Generation Bio-chemical Waste to Energy Solid oxide fuel cell Li-ion batteries Utility grade storage Advanced nanosilicon cathodes Electric vehicle enablement Electric vehicle Energy control systems Home energy solutions – North America Home energy solutions - Europe LED light bulb LED arrays Utility-scale solar thermal Municipal waste conversion Wastewater recovery Energy from Black Liquor CIGS panels BIPV 3rd generation solar cells High efficiency windows Bio butanol Algal biofuels Cellulosic ethanol LED wafers Next-gen LEDs Digital Controls Next-gen turbine design
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4. Innovation Drives Economic Growth Renewable Energy Electric Transport LED Lighting Energy Storage Energy Efficiency Smart Grid Water Technologies Biomaterials and Biochemicals (with edits to 6 th wave)
5. What it takes to build one transformational company INVENTION AND INNOVATION ENTREPRENEURSHIP GROWTH CAPITAL MANAGEMENT PARTNERSHIP EXECUTION….. $ valuation
6. Page 1990’s European Entrepreneur Today’s American Entrepreneur The New Global Entrepreneur Perspective Matters Those things would be great as long as I still get my pension I don’t have to give up on a good salary to get these stock options do I? I want everything they want and I don’t need much to pay the rent and for food
9. Page To here (in less than 5 years)? Now Everyone has an Electric
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11. Page Try to buy one of these recently? Remember how hard TV manufacturers fought the requirement to cross over to digital broadcasting; saying customers would never switch in time?
16. LED’s meet Solar Innovation Merges Light Absorption and Generation Page
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18. Page Telecom: from landlines to mobile Photography: from film to digital Energy: from fossil fuels to renewables History has taught us that once industry-transforming tipping points are reached, there is no looking back. In 2008, renewables represented nearly half of all net new capacity installed. Source: US OECD Source: PMA Marketing Research ; Source: EIA
19. With every major wave of innovation, only a small number of winners emerges early on 1990 2000 1980 Personal computers Software Networking Biotech Internet Wind Solar (PV) Electric vehicles (EVs) EV infrastructure Solar-thermal Smart grid Power storage Biofuels Major winners in CleanTech are now starting to emerge 2010 Internet 2.0 2020
20. CleanTech Industries are Large, Diverse and Global Page Electricity $1.9 trillion on traditional generation Biofuels $442 billion on fuel energy spend Water $480 billion on water infrastructure sales Smart Grid $6.0 trillion on commercial and residential energy spend Storage $374 billion on peak load energy Buildings & Materials $665 billion on concrete and packaging EVs $1.1 trillion on car sales Lighting $115 billion on electricity and fixtures 2008 Spend 2008 Spend Source: McKinsey
About the Natural Edge Project, who produced this image: (from http://www.sourcewatch.org/index.php?title=The_Natural_Edge_Project) The Natural Edge Project (TNEP) "is an independent Sustainability Think-Tank based in Australia. TNEP operates as a partnership for education, research and policy development on innovation for sustainable development. "TNEP's mission is to contribute to and succinctly communicate leading research, case studies, tools, policy and strategies for achieving sustainable development across government, business and civil society. Driven by a team of early career Australians, the non-profit Project receives mentoring and support from a range of experts and leading organisations in Australia and internationally. "TNEP's main activities involve undertaking research, creating education material and curriculum, and developing industry and economic policy. This research is supported by a range of grants, sponsorship (both in-kind and financial) and donations.