New solutions are enabling a cleaner and more efficient global power system, write Debora Frodl, Global Executive Director at GE Ecomagination, and Juan M. de Bedout, Chief Technology Officer at GE Energy Connections.
The extent to which we support energy innovation today will determine the world our children and grandchildren inherit in 2050. It takes 30 years or more to successfully commercialize and deploy transformative new energy technologies at scale, so the investments we choose to make over just the next 5 years – or indeed those we don’t - will determine their fate.
The year 2050 sounds pretty far away, doesn’t it? But in terms of the world our children and grandchildren will inherit, 2050 is today: it’s right around the corner.