At the bustling intersection of renewable energy mandates, carbon emissions regulation, economic growth and legacy infrastructure lies untapped potential for producers of bio natural gas (BNG).
It’s new. It’s important. It’s certainly not to be confused with plain biogas. And particularly if you work or have invested in solar, wind or energy storage, you need to know about it.
When you think of sexy technology, the fans, motors and ductwork that provide heating, ventilation and air conditioning (HVAC) in buildings probably don’t come to mind. But HVAC systems account for more than a third of total building energy use in offices and other commercial structures – more than lighting and IT combined. A number of startups have emerged in recent years targeting this sector of the broader green building industry.
Classic definitions of cleantech, and the industries under its umbrella, have gotten long in the tooth. The sector has changed, and taxonomies haven't kept up.
Why is a clean technology taxonomy important? As a list of nested categories, it shows where a clean technology “fits”. It helps vendors understand their competitive sets. It defines and helps investors understand the breadth of the sector and its sub-categories, and helps research and data organizations report consistently.
It's been fashionable to debate whether China will some day surpass the U.S. in clean technology. Yet, after reviewing some of the metrics that really matter, one could conclude that it already has.
At least this was my thesis in moderating a recent Haas School of Business event at U.C. Berkeley in California that explored whether China would become a green economy leader.