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Digital Energy Hub ERANZ Talking Heads November 2017 James Muir

Digital Energy Hub - Callaghan Innovation · “One hundred inspired New Zealand entrepreneurs can turn this country around. That is the challenge for us all.” Sir Paul Callaghan,

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Page 1: Digital Energy Hub - Callaghan Innovation · “One hundred inspired New Zealand entrepreneurs can turn this country around. That is the challenge for us all.” Sir Paul Callaghan,

Digital Energy Hub

ERANZ Talking Heads

November 2017

James Muir

Page 2: Digital Energy Hub - Callaghan Innovation · “One hundred inspired New Zealand entrepreneurs can turn this country around. That is the challenge for us all.” Sir Paul Callaghan,

Electricity retailers

》 Innovative pricing plans and service offerings

》 Nimble, data rich, digital savvy

》 Technology companies

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Page 3: Digital Energy Hub - Callaghan Innovation · “One hundred inspired New Zealand entrepreneurs can turn this country around. That is the challenge for us all.” Sir Paul Callaghan,

“One hundred inspired New Zealand

entrepreneurs can turn this country

around. That is the challenge for us all.”

Sir Paul Callaghan, 1947–2012

Rukuhia te wāhi ngaro, hei maunga tātai whetū

Explore the unknown, pursue excellence3

Page 4: Digital Energy Hub - Callaghan Innovation · “One hundred inspired New Zealand entrepreneurs can turn this country around. That is the challenge for us all.” Sir Paul Callaghan,

Niche guys finish first

》 Technological innovation will lift NZ’s productivity

》 Our future lies in the unexplored niches

》 Our tech sector is leading the way in R&D investment.

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Page 5: Digital Energy Hub - Callaghan Innovation · “One hundred inspired New Zealand entrepreneurs can turn this country around. That is the challenge for us all.” Sir Paul Callaghan,

Business R&D is critical

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Page 6: Digital Energy Hub - Callaghan Innovation · “One hundred inspired New Zealand entrepreneurs can turn this country around. That is the challenge for us all.” Sir Paul Callaghan,

TIN200 companies invest 6-25% in R&D

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Page 7: Digital Energy Hub - Callaghan Innovation · “One hundred inspired New Zealand entrepreneurs can turn this country around. That is the challenge for us all.” Sir Paul Callaghan,

Our Offer

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Page 8: Digital Energy Hub - Callaghan Innovation · “One hundred inspired New Zealand entrepreneurs can turn this country around. That is the challenge for us all.” Sir Paul Callaghan,

Energy is one of our priority sectors

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Page 9: Digital Energy Hub - Callaghan Innovation · “One hundred inspired New Zealand entrepreneurs can turn this country around. That is the challenge for us all.” Sir Paul Callaghan,

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We help businesses succeed through technology

Page 10: Digital Energy Hub - Callaghan Innovation · “One hundred inspired New Zealand entrepreneurs can turn this country around. That is the challenge for us all.” Sir Paul Callaghan,

“We’re not good at promoting our work…..”

“Our team arose from software industry…. Lightning Lab helped us find an energy

industry partner.” Polyanio

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“We've never been more

productive, nor have we iterated

so quickly as we did through the

Lightning Lab Electric.” emhTrade

“We have no need to engage with Callaghan.”

Voice of the Energy Customer

Page 11: Digital Energy Hub - Callaghan Innovation · “One hundred inspired New Zealand entrepreneurs can turn this country around. That is the challenge for us all.” Sir Paul Callaghan,

"We've developed data

analytics software but don't

know how to commercialise."

"We want to revitalize our

innovation…. we’re talking to

big players about their

assets…we need to

understand machine learning."

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"We felt isolated whilst validating our IoT technology"

"We're trying to innovate,

have lots of ideas…want to find out who to team up with"

Voice of the Energy Customer

Page 12: Digital Energy Hub - Callaghan Innovation · “One hundred inspired New Zealand entrepreneurs can turn this country around. That is the challenge for us all.” Sir Paul Callaghan,

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Digital Energy Hub

Page 13: Digital Energy Hub - Callaghan Innovation · “One hundred inspired New Zealand entrepreneurs can turn this country around. That is the challenge for us all.” Sir Paul Callaghan,

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Page 14: Digital Energy Hub - Callaghan Innovation · “One hundred inspired New Zealand entrepreneurs can turn this country around. That is the challenge for us all.” Sir Paul Callaghan,

Cloud

Artificial Intelligence

Blockchain

Big Data

IoT

13Contact Callaghan Innovation for further information

#AI Happy hour

Digital Energy – Example technology providers

Page 15: Digital Energy Hub - Callaghan Innovation · “One hundred inspired New Zealand entrepreneurs can turn this country around. That is the challenge for us all.” Sir Paul Callaghan,

Tech is exponential, culture is not.

》 How will Blockchain affect my business?

》 Over what timeframe?

》 What next?

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“The hurdle - users must be willing

and able to change business

processes and collaborate with

customers, suppliers, and competitors

in ways they never have before”

Ron Beatty

Electricity Authority

Page 16: Digital Energy Hub - Callaghan Innovation · “One hundred inspired New Zealand entrepreneurs can turn this country around. That is the challenge for us all.” Sir Paul Callaghan,

How will Blockchain affect retailers?

》 Reduce transaction costs

》 Encourage service bundling

》 Increased focus on data availability, privacy, security & accuracy

》 Gradual erosion of volumes

》 Less engaged customers

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Page 17: Digital Energy Hub - Callaghan Innovation · “One hundred inspired New Zealand entrepreneurs can turn this country around. That is the challenge for us all.” Sir Paul Callaghan,

Co

-or

din

ati

on

& C

om

ple

xit

y

Hig

h

SubstitutionReplaces how we do business• Distributed energy P2P

2022/2023

TransformationCompletely novel applications• Smart contracts, Transactive Grid

2027+

Lo

w

Single UseLess costly, focused solutions• Bitcoin as payment option• Internal database

2018

LocalizationPrivate network across organizations• Bank, electricity retailer, telecom• Retailer + distribution company

2019/2020

Low High

Novelty

NZ Electricity Sector and Blockchain

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Page 18: Digital Energy Hub - Callaghan Innovation · “One hundred inspired New Zealand entrepreneurs can turn this country around. That is the challenge for us all.” Sir Paul Callaghan,

What next?

》 Bring Blockchain into product roadmaps

》 Double down on technology & innovation

》 Connect with Callaghan Innovation

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Page 19: Digital Energy Hub - Callaghan Innovation · “One hundred inspired New Zealand entrepreneurs can turn this country around. That is the challenge for us all.” Sir Paul Callaghan,

Contact:

James Muir

Business Innovation Advisor – Energy & Environment

[email protected]

@CallaghanEnergy

DigitalEnergyHub.nz

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