We need innovative energy solutions – at scale – to safeguard our future
Our energy system was designed for the 20th Century: it’s wasteful, polluting, and dominated by a few powerful players. But change is coming: customers are frustrated with their options; new players are entering the market; and smart grids, gadgets and behaviours promise a radically different future.
We want to accelerate that change. We want to scale up sustainable heat, electricity and transport solutions. We want to help design new products, services and business models that will create a sustainable energy system. And we want to find new financial mechanisms to channel investment to innovative energy solutions.
Five of the 10 biggest venture capital investments in 2010 were in cleantech – totalling almost $800million
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