Special Report 3: A Study of China's Technology Revolution [chapter]

Song Zifeng, Nigel Dickens
2020 Multi-scale Quantitative Diagenesis and Impacts on Heterogeneity of Carbonate Reservoir Rocks  
Energy is a key driver of social development. The energy transition correlates strongly with social and economic reform. Among the many drivers of the energy transition, a revolution in energy technology is undoubtedly one of the most critical. To build modern energy systems that are affordable, secure and sustainable, countries need to push technological innovation. Although innovation in energy is at a relatively high level, it is unlikely to be high enough to achieve the needed revolution in
more » ... energy technology. The International Energy Agency's 2017 Tracking Clean Energy Progress scorecard of 26 technologies finds that only three are on track for wide-scale deployment. To deliver a low-carbon energy system, more effort is needed in 15 technologies and eight are not on track. As many of the current set of new energy technologies are based on a pipeline of innovation that was started in the 1970s, it is important to understand the energy technology issues of the current era. The Implications of Energy Technology Revolution It is extremely rare for innovations to be evenly distributed across time and space. Instead, innovations tend to occur in a concentrated manner, which is likely to trigger a technology revolution. Technology revolution usually refers to the transition process, in which a technology or technologies is/are replaced by another technology or technologies in the short term. This processfrom emergence to deployment and diffusionwill eventually impact socioeconomic development. Up to now, countless energy-related
doi:10.1007/978-3-030-40154-2_4 fatcat:sa7dq5qksvg5bfgt6gz3mxrjqa