The Third Industrial Revolution

Presented by:

Elaine Nguyen

Lothus Hennefer

Salman Husaini

Mustafa Omran

Ray Chen

Tyler Hardeman

Introduction

❖ Oil and other fossil fuels were taken important roles in the Industrial Revolution, but it was a dangerous game. For example ➢ Unemployment is rising ➢ Economic crisis ➢ Climate problems

❖ The Third Industrial Revolution is the last of the great Industrial Revolutions and will lay the foundation infrastructure for an emerging collaborative age . For example: ➢ Internet technology ➢ Renewable energies

Pillar 1: Shift to Renewable Energy

The purpose of the pillars is to “Shift from a second industrial revolution run on fossil fuel energies to a third industrial revolution run by renewable energies.” ● Cost of fossil fuels is increasing because they are

becoming increasingly scarce. ● Total cost of renewable energy is decreasing because of

technology breakthroughs.

Pillar 1 continued

● Wind, solar, geothermal, and wave power are critical. Also need infrastructure in place to store this energy, so energy will not be lost and wasted.

Pillar 1 Implementation

● The author Jeremy Rifkin is working with EU to implement pillars, and is already taking steps to implement the first pillar.

● The EU has committed to achieving a 20% reduction in

CO2 emissions and 20% renewable production by 2020 ● Renewable energy will equal one-third of Europe's

current electricity production.

Pillar 2: Buildings = Mini-power Plants

● Rifkin’s second pillar calls for transforming the building stock of every continent into micro-power plants to collect renewable energies on-site

● Incentivize the construction and real estate sectors to encourage the conversion of millions of buildings that can harness renewable energies

Pillar 2 continued

● “Net-zero” concept - produce at least as much energy as consumed ● Frito-Lay Casa Grande Arizona Plant

o Solar concentrators to cook potato chips

● GM’s production facility has a 10-MW power plant that powers 4600 homes.

● Homeowners can install solar panels

Pillar 2 continued

● Increasing energy efficiency and installing and servicing renewable energy in US buildings creates millions of jobs o Net number of new jobs in the US would exceed 5.5

million by 2030

● Green mortgages could help facilitate building

conversions

Pillar 3: Storage Technology in Buildings

Pillar 4: Create Internet Power Grid

● Purpose: Connect everyone to power storage. ● The Network will be 100 or 1000 time larger.

Pillar 4: Internet Power Grid

● The intelligent energy network will affect: homes, offices, factories, and vehicles will continuously communicate with one another, sharing information on daily basis.

● The smart grid is critical to the growth of the

other four pillars, it will generate hundreds of thousands of additional jobs in the renewable energy sector.

Pillar 5: Transportation

Toxic air pollution now number one environmental killer, causing 3.5 million premature death each year!

Fuel Cell

A device that converts the chemical

energy from a fuel into electricity

through a chemical reaction with

oxygen or another oxidizing agent.

A fuel cell vehicle that is fueled with

hydrogen emits only water and heat,

but no tailpipe pollutants, therefore it

is considered a Zero Emission

Vehicle.

Plug-in

Vehicles

-Connected to power

grid

-Buy and sell energy

-U.S. transportation

emissions produce

more than a quarter

of the country’s

greenhouse gases.

The 5 Pillars

1. Shift to Renewable Energy

2. Buildings = Mini-power Plants

3. Storage Technology in Buildings

4.Create Internet Power Grid

5. Green Transportation

The European Union

27 EU Member States

20-20-20 goal

● 20% ↓ GHG emissions

● 20% ↑ Renewables

● 20% ↓ Consumption

Taking Action

● Master Plans already in place for:

○ Monaco

○ Rome, Italy

○ San Antonio, TX

○ Utrecht, Netherlands

○ Nord-Pas de Calais, France

● TIR Consulting Group LLC (A Global Economic Development Team)

● Third Industrial Revolution Global CEO Business Roundtable

Thanks!

Questions?