Exploring Disruptive Trends & Opportunities in Alternate Energy

This report examines the global trends in the alternative energy sector, focusing on disruptive threats and entrepreneurial opportunities. It highlights the development of advanced energy storage, the expanding electric vehicle market, and the transformation of waste to energy as key trends shaping the industry. The report identifies five interesting opportunities for entrepreneurial growth, including solar PV, solar thermal heaters and coolers, concentrating solar power, bio power, and wind power. It also discusses the acquisition of renewable assets as a significant investment opportunity for companies, particularly in Singapore. The analysis emphasizes the importance of adapting to changing consumer preferences and leveraging technological advancements to capitalize on the growing demand for renewable energy sources. Desklib provides access to this report along with numerous past papers and solved assignments.

Alternate Energy
 Name
 Institution

Four global trends in the
alternate energy sector
creating disruptive threats
 The current global trend in the
alternative energy sector majorly
revolves around the advancement of
various sources of renewable energies
that are subsequently stipulated.

The development of advanced
energy storage knowledge
 More people are calling for the development, integration
and implementation of energy storage (Dresselhaus &
Thomas, 2001).
 The recommended pilot studies on the stipulated
storage devises is really taking shape with more
reputable organizations directing massive amount of
investments towards successful completion of the
project.
 For example, in Texas, a study is currently underway to
develop and train people on various storage utilities and
technologies.
 Also, in Hawaii, a private firm is developing a virtual
power plant aimed at optimizing commercially available
energy storage technologies.

Energy storage

Cont’d…
 Also, in New York, an NGO is conducting various trials
aimed at optimizing the used of electric vehicle
batteries by consumers to save on the increased use
of burning fuels.
 According to Zhang, Qiu & Lai (2008), most people in
various parts of the world are slowly realizing the
unique benefits of green storage especially in remote
villages and are increasingly adopting such
initiatives.
 Various stakeholders are amassing pertinent
knowledge on the development of renewable and are
more intrigued by the idea of a storage system that
can be supported by renewable sources of energy

Wind Storage
 According to Nehrir et al. (2011), the development of
solar plus storage is gaining momentum especially
with the perceived benefits homeowners derive from
such developments.
 An alternative energy company like Tesla is opening
more showrooms for its electric cars, batteries and
solar rooftops among other important innovations.
 The company is also developing a utility-scale wind
storage device that will significantly help consumers
to preserve energy.
 More utility and renewable energy companies are
springing up in Europe in countries such as Spain
and Sweden

Cont’d…

Cont’d…
 For instance, in the off show wind project at Burbo
Bank has installed 90-MW battery storage that will
further contribute to the increased use of alternative
clean energy.
 With the conventional wind power energy slowly
ageing out, 2018 will experience numerous energy
storage integrations and improvements to improve
efficiency in performances of the equipments.
 The project is likely to cause major economic
disruption due to the tremendous amount of
resources that will be needed to successfully
complete related initiatives.

The expanding electric vehicle
markets
 According to Klinghoffer & Castaldi (2013), the development
of electric cars has been an important catalyst towards the
development and strengthening of alternative energy
markets.
 These cars have significantly shaped the power systems
globally with more technological advances that further
threaten the survival of non-renewable sources of energy
such as petrol.
 Correspondingly, according to Brunner & Rechberger
(2015), the changing consumer preferences and increased
concern for environmental protection explains why there is
an increased demand for electric cars in 2018.
 Therefore, more companies such as Tesla are innovating
and evolving to diligently deal with the subsequent market
disruptions.

Cont’d…

Transformation of waste to energy
 In most cities around the world, effective waste management
is steadily becoming a huge problem. Government institutions
and authorities are designing various energy facilities that
use wastes recovered from the streets to generate power.
 For instance, the city of New Delhi which is facing severe
landfill problem has introduced a comprehensive five-year
plan that will process wastes and generate energy that be
used to run key operations in the country’s industrial sectors.
 In fact, the construction of waste-to-energy plant is already in
process and will significantly reduce the city’s waste disposal
challenges.
 Similarly, in China, the construction of the Everbright
Company earlier this year has further increased the country’s
ability to transform its waste into an important source of
energy.

Cont’d…