Niels Christian - Q Networks - April 2010

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Presented at Nordic Green II conference, April 2010

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Niels Christian - Q Networks - April 2010

  1. 1. Why Nordic Green? Complementary Advantages between California and the Nordic Region during the Energy Transformation Niels Christian Nielsen April 27 2010 1
  2. 2. A System Transformation  From High Carbon, Low Efficiency Systems  To Low Carbon, High Efficiency Systems This imposes very different innovation imperatives, challenges, opportunities and risks 2
  3. 3. The Global Crises: Escalating, Complex, and Interconnected Financial Crisis Security Crisis Global Warming Resource Crisis Food Crisis Social Crisis Health Crisis 3
  4. 4. A Wide Array of Opportunities and Technologies  Energy production and efficiency  Energy distribution and storage  Energy use and conservation 4
  5. 5. Choices are radicalized by the systemic challenge  Improve on components, but the context might be gone  Stand-alone will not make it, but from where come the complementary solution sets (social innovation)  The bets are larger, but success criteria harder to define  Until the tipping point: Default is to optimize within the Old System 5
  6. 6. During this Transformation the US and the Nordic Region have distinct and complementary advantages  Demand Driven Innovation – Nordic is leader, the US is laggard  Technology Driven Innovation – the US is reaching for its potential to become undisputed leader  Social (systemic) Innovation – since 1980 a troubling US weakness; much easier in the Nordic Region  Only China seems poised to span all three 6
  7. 7. Competitive Dynamics Quantity Quality Knowledge/ Supply Cost Technology Quality Demand Market of User 7
  8. 8. Types of Innovation Innovation Is a Multi-Dimensional Phenomenon Tech Cost Competition Design Market User Employee R&D Innovation Innovation Driver Area Process Product Service Delivery Business Model Social  Incremental  Step-function  Disruptive 8
  9. 9. The Arbitrage Opportunity is Tangible and Large WELCOME to Nordic Green II I believe you will see the opportunities come to life! 9

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