Massachusetts Institute of Technology
Sign in

2008 MIT Energy Conference Innovation in energy: New technology at old prices?

An entrepreneurial, dot-com approach is often proposed as being capable of solving the many issues, particularly greenhouse-gas emissions, demand growth, and supply limitations, facing the energy sector. However, the dot-com and the clean-tech environments are quite different. While the internet boom created a new industry in a vacuum, clean technologies must compete against the largest industry in the world, and must do so at the low costs associated with today's energy choices.?The challenge in the energy sector is to provide scalable energy that is cheap, available in abundance and has minimal environmental implications. Today, much research and innovation is focused on marginal improvements in the existing industry. However, a need exists for disruptive changes to address these challenges facing society. ?This panel discusses the innovation-to-commercialization process in energy, the fundamental differences for entrepreneurs in energy compared to other industries, the need for scale, and the requirement for disruptive technologies. The success strategy for startups, research labs, and existing industry is also compared. Further, the session explores the innovation and entrepreneurship solutions to the challenges, and whether enough is being done to fill the innovation-to-commercialization pipeline.

Comments (1)

kasñfgdksñdfga

Posted 6 years by Anonymous 00:20:29

You need to log in, in order to post comments.

MIT Energy Conference

MIT Energy Conference

Category: Events | Updated over 6 years ago

Created
May 15, 2008 10:53
Category
Tags
License
All Rights Reserved (What is this?)
Additional Files


Viewed
12647 times

More from MIT Energy Conference

2008 MIT Energy Conference: The Path from Conventional Hydrothermal to Nationwide Engineered Geothermal Systems

2008 MIT Energy Conference: The Pat...

Added over 8 years ago | 01:00:00 | 13200 views

2009 MIT Energy Conference: Wind Power Generation

2009 MIT Energy Conference: Wind Po...

Added over 7 years ago | 01:04:21 | 20322 views

2008 MIT Energy Conference: Nuclear Power: Will There be 6 or 60 New Plants in the U.S.?

2008 MIT Energy Conference: Nuclear...

Added over 8 years ago | 01:00:00 | 14373 views

2009 MIT Energy Conference: Morning Keynote

2009 MIT Energy Conference: Morning...

Added over 7 years ago | 00:52:06 | 12729 views

2008 MIT Energy Conference: Transmission Infrastructure: Connecting New Ideas to the Grid

2008 MIT Energy Conference: Transmi...

Added over 8 years ago | 01:01:00 | 11344 views

MIT Energy Conference 2010 - Commercialization of Solar Energy: Utility Scale or Disrtibuted Generation?

MIT Energy Conference 2010 - Commer...

Added over 6 years ago | 01:07:00 | 12871 views