Monday, January 19, 2009

Innovation mode

World Future Energy Summit 2009 in Abu Dhabi, ongoing this week, is perhaps an indicator of how the oil rich region is getting wise on its act. Who can know better that energy rules growth than the Opec nations.

No wonder there is a scramble for green tech in most of these nations, with solar leading the way. In Dubai that was putting on show some of the world’s biggest, or largest, buildings has had to put on hold many of these, due to the recession. That nation too is pursuing renewable energy.

Abu Dhabi with its zero carbon city, Masdar, has big plans. Among the sprawling campus is an institute being developed in cooperation with MIT. This institute is not some long-term program but is expected to open this year. Masdar hopes to attract the top students from all over to power innovation for the future. Because as Energy Collective puts it, in the long run, the hope of Abu Dhabi and Masdar is to invent, develop and export clean technology. How about that for a sound energy vision for tomorrow?!

When you plan, it is best to plan BIG. Perhaps it is also the urgency of the energy situation that is prompting nations to take a leap.

What do you think? Is it advisable, or is it better to hop and then leap?

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