POLICY BRIEF: “Sunset and sunrise”: Offensive, exploratory, and defensive industry strategies in socio-technical energy transitions

Summary

Authors:

Brunilde Verrier
Neil Strachan

University College London

“Sunset and sunrise”: Offensive, exploratory, and defensive industry strategies in socio-technical energy transitions

  • Industries have a crucial role to play in responding to, influencing, and enabling the socio-technical low-carbon energy transition
  • Incumbent “sunset” industries are sometimes portrayed as “locked-in” and structurally resistant, but research highlights the diversity of their strategies, which can evolve from defensive, to exploratory, through to offensive as leaders of change
  • Research and policy attention is needed on the deliberate decline of carbon intensive technologies and practices
  • Industry and policy makers must seize the right window of opportunity to secure long-term benefits while minimising climate damage and transition costs
  • Industrial clusters are important sources of multi-stakeholder collaborative actions
  • Whole systems thinking, framing, narratives and system dynamics modelling are a key tool in helping industry navigate the energy transition

This project was funded by IDRIC (under EPSRC award number: EP/V027050/1). The views and opinions expressed are those of the author(s) only and do not necessarily reflect those of IDRIC. Neither IDRIC nor EPSRC can be held responsible for them.