New publication: Small firms, big impact

Can small innovating firms drive the energy technological transition? Today, the electricity sector is responsible for 40% of the world’s CO2 emissions, twice as much as the transport sector. This is mainly due to the fact that 70% of electricity is still mostly produced from burning highly carbon-intensive fossil-fuels, such as oil, coal and gas. Transforming our energy system will require speeding up the rate of innovation in renewable technologies, so that they can compete with fossil-fuel technologies. New research sheds light on the central role of small innovating firms specialized in renewable technologies in moving our energy systems away from fossil-fuels.

Read the blog post on the GGKP website:

Read the scientific article here.