Packed House for Seminar on the Future of Energy
Dr Michael Ottaviano, the CEO and MD of Carnegie Energy presented to a 100 strong audience today on the opportunities renewable energy presents to Australian businesses ready to embrace the new age. The talk was attended in particular by business people from energy, resources, mining services, investment backgrounds, not to mention Quorum’s membership of leading business people. The seminar was generously sponsored by innovative Australian energy storage solution GenZ.
The key take out was that the pace of innovation in the energy sector is unprecedented – and diversification of energy source and supply is key to building energy resilience during this time of disruption.
His talk brilliantly included listeners with varying levels of understand of energy-related matters and delivered a presentation on what is on the strategic horizon for Carnegie that was relevant to both business and consumer mind-sets. The regulatory framework and international trends that influence the uptake of clean energy was clearly laid out in graphic detail.
Dr Ottaviano has been with Carnegie since 2006 and during his time as CEO, Dr Ottaviano has led the Company’s development of its CETO Wave Energy technology from Proof of Concept, through to operation of the only grid – connected wave project in the world. He has been responsible for raising $77m in equity, $35m in Government grant funding and $20m in debt. He also drove Carnegie’s recent acquisition of solar/microgrid EPC, Energy Made Clean, making Carnegie the only ASX-listed company with a dedicated renewable energy microgrid project delivery capability and the only microgrid company globally with a wave energy technology.
Dr Ottaviano’s previous work has focused on research and development – both in industry and consulting. He has advised companies on new product development, intellectual property, innovation portfolio management and technology commercialisation across various industries and ranging from start-ups to publicly-listed companies with market capitalisations in excess of $1 billion.