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Liberating energy innovators Data, AI, IOT, Blockchain are critical - - PowerPoint PPT Presentation
Liberating energy innovators Data, AI, IOT, Blockchain are critical - - PowerPoint PPT Presentation
Liberating energy innovators Data, AI, IOT, Blockchain are critical uncertainties for NZ energy sector in 2018 Significant variation in R&D investment StatsNZ, 15 of the 40+ industries and sub-industries shown Domestic industries 40%
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StatsNZ, 15 of the 40+ industries and sub-industries shown
Significant variation in R&D investment
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% businesses with no export revenue % businesses investing in R&D
Domestic industries vulnerable to disruption
40% 90%
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Rationale for energy R&D in NZ
》 Convert potential technology disruption into opportunity 》 Next generation of emission reduction technologies 》 Demand from EVs and digital technologies 》 100% renewable electricity by 2035 》 Business growth, future employment, revenue, exports
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What level of business-led R&D is needed to meet energy challenges?
# companies by revenue band Revenue band R&D as % of Revenue 5 >$200m 6% 38 $50-$199m 10% 90 $10-49m 12% 67 <$10m 25%
Largest 200 technology companies Technology Investment Network Report 2017
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What does Good look like? Business-led energy innovation that breaks new ground
Leadership Agreement
- n rationale
Clarity on investment Articulation
- f barriers
System-wide data Process Cadence Partnerships
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We help energy businesses succeed
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How we work with digital energy businesses
R&D Programs Grants Mitton Unison Embrium
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“We want to improve the way we inspect our physical assets.”
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“We want to find a better way to invest in our electricity network.”
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“We’ve tried everything but want to reduce energy consumption further.”
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Liberating energy innovators
- Collaborate on energy innovation that breaks new ground
- Explore how digital technologies can address customer problems
- Invest in R&D like technology companies
- Connect with Callaghan Innovation and the Digital Energy Hub
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