In the next three decades, our global population is expected to rise from 7 billion to over 9 billion. This population increase places unprecedented pressure on our capability to provide energy, water, and food supplies. In parallel, our energy systems will undergo enormous transitions in capital investment strategies as well as diversification of fuel types and power sources.
In order to meet these global challenges in our transitioning energy landscape, we must form public-private partnerships to bring the expertise of our national laboratories (e.g. Idaho National Laboratory) and our region’s universities (Boise State University, Idaho State University, University of Idaho, and University of Wyoming) to the private sector.
CAES cannot do this in a vacuum. Instead, we need sage advice from the private sector on:
a) developing and implementing novel business models and plans,
b) handling of intellectual property across public and private terrains, and
c) charting new approaches to move technologies from the public sector into the private sector for global deployment.
Our CAES strategic plan (2016-2025) calls out the necessity for CAES to become a national and global model for federal and state entities working effectively with the private sector. For these reasons, CAES formed the industry advisory committee (IAC). The IAC consists of members from companies, utilities, and regulatory agencies.