Shell preps for the future with acquisition of EV charging network. Negative emission power plants and IoT passed tipping point. Enjoy this weekly feed of inspiring, interesting and intellectual articles and news, with a focus on disruption!
Shell (yes OIL Shell) goes EV
A few weeks back we wrote about the coming disruptive change of the Transport as a Service economy. Shell seems to be preparing for the change, investing in infrastructure that will be necessary for millions of EVs on our roads. “The gas station corporation has agreed to buy NewMotion, a Netherlands-based company that owns some 30,000 electric-vehicle charging points across Western Europe according to Reuters. While these won’t be Shell’s first foray into building an EV-ready infrastructure, it show that the company is planning for a future where petroleum-based fuels won’t be as prevalent.”
Negative emission power plants
How about the idea that power plants should actually capture CO2? Well it has just become reality in Iceland where Climeworks and Reykjavik Energy have started a geothermal station that uses the plant’s own heat to snatch CO2 directly from the air via filters. Very good idea and though not feasible to offset the global CO2 (and other greenhouse gases) problem at the moment definitely a step in the right direction, and something that we might see being adopted soon in smog troubled regions like China.
IoT passed tipping point (at least in some vertical sectors)
Vodafone’s annual IoT barometer shows that IoT adoption is skyrocketing across all sectors. 84% responded that their use of IoT had increased in the past year. The fastest adopting sectors are retail, transportation and energy, all grew more than 17% year-on-year. Unexpectedly though, only 7% of respondents stated security as their top concern, at the same time as two-thirds admitted that a security breach on their IoT operations would be catastrophic… Given recent feeds this should definitely be TOP priority! Then again, do you really blame the IoT firm for a global botnet of millions of IoT devices? Probably not..
Base image: Dominic Ebenbichler / Reuters