The energy market is a complex organism from various points of view: On the engineering side, the electrical grid always needs to be kept in balance. The transition towards green energy not only needs new innovations in wind, solar or battery technology, but these innovations need to be implemented in the running system. Then, there…
Ever since the breakthrough of ChatGPT, we cannot imagine a world without AI applications. While the most popular ones are directly interfering with us humans – a chatbot talking like customer support, Midjourney creating images like an artist – the implications are much bigger: AI can help us boost automation to a never-experienced level and…
The main challenge of the energy transition is to decarbonize energy production and consumption in an economically feasible fashion. In production, the impact of renewable energies such as wind and solar becomes crucial—both of which are intermittent in nature, so the question of how to store the energy becomes prominent. On the consumption side, battery-powered…
Solar Energy provides an excellent renewable energy source and can help reduce energy consumption costs even in private households while also decarbonizing. However, solar cells are mainly used nowadays in detached houses or office and industrial buildings – situations where only one owner is involved. The question of how to distribute solar energy in apartment…
Delivery services are performing at an all-time high and are still growing: In the EU, home delivery is expected to reach a 30% share of all retail sales by 2030. So far, urban shipping is mostly done by trucks, which not only consume a lot of fuel but also block space, get stuck in traffic…
Artificial Intelligence (AI) suddenly became widespread in application with the successful launch of ChatGPT (some people even now say that technology is at its breakthrough, having its ChatGPT moment). No aspect of work-life remains unaffected by this new technology: AI helps to improve texts, create images, recognize forms on images, help analyze complex and large…
Wind energy is crucial to transforming the world into a greener one. A missing piece is the lack of recycling: Wind turbine blades can barely be recycled because they consist of a tough composite material. Research indicates that there will be 43 million tonnes of blade waste worldwide by 2050, imposing a significant risk of…
“Going green” – or changing existing technologies towards more sustainable ones – consists of complex transitioning steps. This transition encompasses changes to more intermittent forms of energy like wind or solar, more sustainable techniques for creating heat and replacing natural gas with hydrogen. Hydrogen is a versatile gas that has the potential to act as…
The Turner MIINT competition, hosted annually by the ESG Initiative at Wharton Business School, empowers the next generation of investors to “think like an impact investor.” Students worldwide engage in rigorous due diligence processes, assessing early-stage impact venture capital deals and presenting their findings to an expert judging committee. This year marked the 13th edition…
Carbon neutrality and how to achieve it is a widely discussed topic today. However, most discussions revolve around the technical side of it: The latest developments in wind and solar energy; how to use battery technology to make up for the intermittent nature of the renewables; or the increasing challenges for grid operators. While these…