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"We needed technologies to exist before you could electrify a continent and with the advent of this thing we all have in our pocket it makes this doable.
Mr Khosla, the venture capitalist, warned delegates at the conference in San Jose that they needed technologies that are "unconditionally cheaper" than fossil fuels: "If it ain't cheaper, it doesn't scale".For the time being, however, keeping pace with demand is more of a worry.
Extensive R&D has been carried out around the world to develop the needed technologies.
For example, the National Chemical Laboratory in Pune, near India's western coast, attracts chemical companies to the region because it collaborates with businesses to develop needed technologies.
One factor influencing the choice of technology is also the implication on storage space in the ship and thus how much footprint all the extra needed technologies take.
Restrictions from international technology providers have led managers of the industry enterprises to try to develop their needed technologies inside the country.
Similar(49)
The needed technology for this feat is still in development.
While continued investments in innovation are needed, technology is not the obstacle.
It could float long-term bonds to advance badly needed technology in equipment.
Large-scale development programmes have been executed worldwide to achieve in time the needed technology.
We will certainly need technologies to compensate for the fossil fuels that we are likely to use".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com