esb innovation strategy

8
ESB Innovation Strategy Brendan Barry Manager, Emerging Energy Technologies May 20 th 2015

Upload: others

Post on 16-Oct-2021

3 views

Category:

Documents


1 download

TRANSCRIPT

Page 1: ESB Innovation Strategy

ESB Innovation Strategy

Brendan BarryManager, Emerging Energy Technologies

May 20th 2015

Page 2: ESB Innovation Strategy

2 esb.ieFooter

In Summary: Critical need for Innovation.

Technology Innovation

Drivers of change

Traditional Model

Integrated Smart Network Model

Page 3: ESB Innovation Strategy

3 esb.ie

ESB Innovation Strategy: Summary

Collaborationideas

Growth

CollaborationIdeas

CollaborationIdeas

We will be a highly innovative company growing in the transforming energy market

Our People

We will engage with our staff to promote a strong innovation culture

Our Partners

We will develop a strategic and commercial approach to external collaborations

Technology

We will position our organisation to better exploit emerging technologies.

Collaboration

at core

Page 4: ESB Innovation Strategy

4 esb.ie

The emerging technology challenge

Innovation Forum

Develop Strategic roadmaps

New customers

New products /services

New business models

Significant ScaleRapid development

Complex interdependenciesLower entry barriers

New Technology

Enables

Page 5: ESB Innovation Strategy

5 esb.ie

What are we doing: Strategic Roadmaps

Innovation

Big Data & Data Analytics

Low Carbon Generation &

Storage

Active Customer

/ Prosumer

Smart

Grids

Page 6: ESB Innovation Strategy

6 esb.ie

Four Strategic roadmaps; EET Activity Drivers

Innovation

TechnologyPriority groups

Smart

GridsBig Data Business

Low Carbon Generation &

Storage

Active Customer

/ Prosumer

?

Page 7: ESB Innovation Strategy

7 esb.ie

Strategic Innovation Roadmaps

Innovation

Today 1 Years 3 Years 5 + Years

Monitor, R&D

Trials, Demos, Business case

Policy: Market and regulation

Deploy Infrastructure

Market deployment

Capability: Organic, M & A, Partner

What

• Prioritise customer needs & markets• End to end value chain considered• Strategic and plan led approach to innovation • Assigns Ownership and Delivery focus• Ensure cross company collaboration

Why

Customer Need

Page 8: ESB Innovation Strategy

8 esb.ie

EET current Projects

Strategic roadmaps

Innovation

Wave

Prosumer

Big Data

Storage

Heating and DR

Innovation Hub