The New Power Generation
80% of the world’s energy is still provided by oil, gas and coal. As climate change becomes an increasingly urgent issue, fossil fuel giants are feeling the pressure to reduce carbon emissions and clean up their act. Thanks to new technologies, the disrupters are heating up the five trillion dollar energy industry with groundbreaking methods to generate and distribute power, in a cleaner, more sustainable way.
The first of the two disrupters featured in this film comes in the shape of an inspirational village named Wildpoldsried, Germany. Championed by their local deputy Mayor, the village believes it’s found a way to produce a steady energy supply just from sources such as solar and biogas.
The second disrupter, based in the same village, has found a way to store the excess solar energy produced by the residents, for later use. This dynamic company, called Sonnen, has created the first online home solar battery system. This system allows the villagers to share power with each other in real time.
We also delve into two major players in the oil and gas industry, Statoil and E.ON and look at how they are redefining the future of their industry.
We meet Statoil’s Irene Rummelhoff, Exec. VP of New Energy Solutions, and understand Statoil’s ambition to become the most carbon efficient oil and gas producer in the world. E.ON’s CEO, Johannes Teyssen, is focusing his attention to scale up E.ON’s investment in wind and solar - after income from fossil fuels has fallen by more than a third since 2008.
Stepping forward into the new power generation movement are other giants in the industry, looking to join the disruption, rather than fight it. One thing is for certain, the oil and gas industry will never be the same again.