Why does technology maturity matter?

When you go through our expert advice section we ask you the question, "When it comes to the energy transition, where would you like your projects to fit?". On this page, we explain some of the challenges of choosing projects in any phase of the technology maturity cycle. The three phases we consider are:

  1. "Bringing new ideas to life", which matches with immature technology, often when it is being hyped up and made exciting but before the costs have come down, the performance of the technology has been improved and the best applications have been identified. Examples are the buzz around vehicle to grid technologies or gravity storage.

  2. "Getting good ideas adopted", where community energy groups and governments play a strong role in supporting the uptake of technology and helping communities feel comfortable with new approaches. Many rooftop solar projects were pioneered by community energy groups before business models were standardised, more profits became available in each project, and competitive markets caught up with the trend.

  3. "Making sure everyone gets to participate", occurs once widespread adoption is underway but harder to reach markets are left undeveloped. This is particularly the case with disadvantaged households missing out on the cost-saving from rooftop solar.

Each phase has its challenges. Below are tips for community energy groups exploring projects in any phase:

Bringing new ideas to life

Many energy technologies that might help solve the challenges of surplus rooftop solar and electrification of heat and transport will be community scale technologies. Communities are ideal partners for innovators. Sometimes you will have unique circumstances that make the innovation extra valuable in your community and the innovator will be eager to showcase their technology with you.

Getting good ideas adopted

Once technologies are proven and start to be valuable, there are still barriers to adoption:

Community energy groups and governments can help tackle all of these barriers by offering information and financial support to new technology and by inventing project delivery models.

Our explainer on financing and project on advice for ownership alternatives showcases some of the many ways community energy groups have supported technology adoption.

Making sure everyone gets to participate

Communities tend to be concerned about who gets left behind in the energy transition because energy poverty can have adverse affects across any community. Surplus solar is reducing in value every year so it makes sense that everyone should be able to benefit from cheap renewable energy. Many of the reasons people get left behind are known as market failures:

Community energy groups are well positioned to work with governments and to invent delivery models that overcome some of these market failures. These projects can be hard work that rely on a combination of volunteering, charity and government support but are an essential part of reaching your whole community and building longer term prosperity and resilience.