How can we deliver true energy transformation to the world?
The world is going to be using 50 percent more energy by mid-century than it does today.
Bill Gates, the co-founder of Microsoft, has emerged as a force for innovation: “No Investor or group of investors can do this alone. Breakthrough Energy is committed to encouraging a broad network of public and private capital to work together to solve the problem. An investment in a true energy transformation requires governments, research institutions, businesses, and private investors to work together.”
“The Breakthrough Energy Coalition created BEV to address some of those challenges in the energy market. We are willing to wait a longer time for returns than other funds. Finally, the fund is committed to discovering breakthroughs, wherever they are.”
“We must stop looking for business plans and look instead at the innovation after all it is the innovation and not how the owner of the IP will run a business which will stop CO2 emissions.”
The HUG: a True Energy Transformation
Which renewable energy source has the most potential?
- The HUG is feasible, renewable and clean alternative for low cost power production. An estimated 10 million people live mostly in urban areas along the banks of the river in any under developed country.
- Only 3 percent of the nation’s 80,000 dams currently generate power. An Energy Department-funded study found that 12,000 megawatts of hydroelectric generating capacity could be added to existing dams around the country.