HSBC: Visions and visionaries
Reducing greenhouse gas emissions is perhaps the single biggest challenge that humanity faces. While alternative sources of energy such as solar, wind and nuclear will play a major role, they don’t offer all the answers. That’s why Seattle-based start-up Modern Electron has set out “to tackle some of the hardest-to-decarbonise challenges in the economy”, says co-founder and CEO Tony Pan. In particular, the firm currently focuses on heat, which accounts for around 50 per cent of final energy demand – according to International Energy Agency estimates – and is vital in everything from key industrial process to keeping homes warm.
