Technology to dictate future energy consumption - US executive

13 September 2011 23:19  [Source: ICIS news]

HOUSTON (ICIS)--Technology will play a profound role in the future of energy, the CEO of US-based Acorn Energy said on Tuesday.

Jim Moore said he believes advances in technology will allow people to get much more production from existing energy systems, like coal, natural gas and nuclear energy.

“Energy networks are big dumb systems,” Moore said at the ChemInnovations 2011 Conference and Expo.

“We can layer software and chips on top of existing infrastructure to unleash huge productivity gains,” he added.

Moore said people have been talking about exhausting energy sources since the 1700s, when wood was the primary energy feedstock.

Then the steam engine was invented, and coal became the catalyst for future energy consumption, he said.

“Our energy supplies are as finite as our imagination,” Moore said. “Every generation has underestimated its potential for finding new recipes and ideas.”

By: Bobbie Clark
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