NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
Niels Christian - Q Networks - April 2010
1. Why Nordic Green?
Complementary Advantages
between
California and the Nordic Region
during the
Energy Transformation
Niels Christian Nielsen
April 27 2010
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2. A System Transformation
From High Carbon, Low Efficiency Systems
To Low Carbon, High Efficiency Systems
This imposes very different innovation imperatives,
challenges, opportunities and risks
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3. The Global Crises:
Escalating, Complex, and Interconnected
Financial Crisis
Security Crisis Global Warming
Resource Crisis Food Crisis
Social Crisis Health Crisis
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4. A Wide Array of Opportunities and Technologies
Energy production and efficiency
Energy distribution and storage
Energy use and conservation
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5. Choices are radicalized by the systemic challenge
Improve on components, but the context might be
gone
Stand-alone will not make it, but from where come the
complementary solution sets (social innovation)
The bets are larger, but success criteria harder to
define
Until the tipping point: Default is to optimize within the
Old System
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6. During this Transformation the US and the Nordic Region
have distinct and complementary advantages
Demand Driven Innovation – Nordic is leader, the US
is laggard
Technology Driven Innovation – the US is reaching for
its potential to become undisputed leader
Social (systemic) Innovation – since 1980 a troubling
US weakness; much easier in the Nordic Region
Only China seems poised to span all three
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7. Competitive Dynamics
Quantity Quality
Knowledge/
Supply Cost
Technology
Quality
Demand Market
of User
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8. Types of Innovation
Innovation Is a Multi-Dimensional Phenomenon
Tech
Cost Competition Design Market User Employee
R&D
Innovation Innovation Driver
Area
Process
Product
Service
Delivery
Business
Model
Social
Incremental
Step-function
Disruptive
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9. The Arbitrage Opportunity is Tangible and Large
WELCOME
to Nordic Green II
I believe you will see the opportunities come to life!
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