EarlyBirds’ open innovation platform and the world’s transition toward green energy - Kalkine Media

Highlights

• EarlyBirds’ team is looking forward to speaking with leaders and policymakers from the energy industry regarding their transition plans
• Innovation maps of the platform are “unique and practical”, with dynamically populated data on core themes concerning the industry
• EarlyBirds has two focused programs, Explorer and Challenger, which can address issues related to adopting green energy in processes

What is the biggest obstacle in the way of world's large-scale shift toward green energy sources? The answer, according to EarlyBirds (an Australian open innovation platform with global reach), is the resistance faced due to the fear that transition to renewable energy sources can jeopardise the nation's ability to create and support its industrial activity.

At the same time, the Company also stresses that the world's transition to green energy has to be a "balancing act", simply because sacrificing already made progresses does not make sense. Here is how the innovation ecosystem of EarlyBirds promises to be a facilitator.

The hindrances

As noted above, governments across the world are fearing the loss of past successes while transitioning toward green energy. This, EarlyBirds believes, has heightened the gap between developing and developed countries since the former are not heavily reliant on the services sector and their manufacturing sector has yet to advance to a level where meeting green energy goals can appear economically feasible. Separately, geopolitical situations, notably in rare earth minerals producing regions, are aggravating the problem.

A combination of these factors is keeping industry from establishing supply chains that can form the basis of providing the boost to green energy transition. EarlyBirds' co-founder Kris Poria talks about how improving technological understanding and capability to scale up production of some core elements presently at different levels of maturity can ease our transition towards a better tomorrow.

Source: EarlyBirds’ website

EarlyBirds' solution

While speaking on the issue, Kris Poria has mentioned core elements that include green electrons, green molecules, and green bits, which are perhaps ready for mass production. While green electrons are energy carriers that have the ability to traverse the grid and allow storage for future use, green molecules are used in creating batteries that can accumulate energy from green electrons. Green bits advance this arrangement further by allowing smooth operation of green energy infrastructure.

EarlyBirds is an "ideal partner" that can help early adopters and innovators to collaborate on green electrons, molecules, and bits, thereby providing an efficient transition toward adoption of green energy in processes. The open ecosystem of EarlyBirds allows early adopters to break down the energy transition space into core themes, cutting across elements including electricity, fuel, and digitisation.

The Company has two programs -- Explorer for continued innovation needs, and Challenger for solving one innovation problem at a time -- which can be used by early adopter organisations to find relevant technological innovations that can accelerate the shift toward green energy.