Power-Gen: Energy Diversity Is Key to SuccessFlorida, United States [RenewableEnergyWorld.com] At the Power-Gen International conference -- an event with over 1,200 exhibitors in the coal, oil and natural gas industries -- you might not expect renewables to play an important role in the conversation around energy. But as businesses in the conventional energy sector are now convinced that a carbon cap and trade system and a federal renewable electricity standard in the U.S. are coming soon, there's no way around it: Renewables are here to stay.
"There's a very strong push for renewable energy. We see a lot of our customers who have always been coal and gas folks who are now scouting out the market to see what's out there."
-- Alan Champagne, Vice President of Business Development at CH2M HILL
Businesses that restructure to reflect these upcoming changes to the energy landscape will be the winners; others that don't embrace that change may lose their competitive advantage. “The world is changing around us. There's a lot of opportunity in these changes that will come,” said John Adams (pictured right, with Stephen Lacey), senior vice president of new projects at Mitsubishi Power Systems. “If you rely on the old style of doing business, you won't be there in 20 years...so the vision that you have to have is 'think forward.'” With a 50-year business plan, Mitsubishi is certainly thinking forward. The company is a player in both the fossil- and renewable-energy industries, providing gas turbines, boilers, wind turbines and a whole range of other products to those markets. Wind, solar, electric vehicles and carbon capture and storage will be some of the strongest pieces of Mitsubishi's long-term plan, said Adams. To see highlights of RenewableEnergyWorld.com's interviews at Power-Gen, play the video below. To see full interviews with CH2M Hill, Ausra, Covanta and Mitsubishi, visit the RenewableEnergyWorld.com video section.
4 Reader Comments
|
Stephen Lacey
Recent News |
1 of 4
I agree. We have to make continual efforts to develop different energy resources and then to include them into our energy system. Just as the industrial age changed in stages from water to steam to electric and fuel power, production of energy must also pass through stages of development. We presently see gradual evolvement from fossil to include renewable energy but later on, fossil may not dominate as it presenty is doing. The harmful side effects of using fossil are now better known and those companies responsble for harming our environment and health must eventually be held accountable.
adrianakau2aol.com