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LOOKING TOWARDS THE FUTURE



        TRENDS IN ENERGY TRANSITION


        By Jason Kaiser, Caterpillar Senior Vice President



















                                            Caterpillar is more than just the   the world. Today, we help customers
                                            machines you see paving roads or   combine various power products and
                                            working at construction sites. In fact,   services to generate reliable and
                                            some of our most significant work   sustainable power for their operations.
                                            often goes unseen by the public –
                                            powering hospitals; providing temporary   I’ve been in the electric power business
                                            power to entire communities in crisis   my whole life. My dad worked at a utility
                                            after a natural disaster; and using   company, so I grew up around energy
                                            renewable natural gas to provide clean   and power. After studying electrical
                                            power and heat to greenhouses and   engineering in college, I joined Caterpillar,
                                            provide food to our communities.   where I’ve spent my entire professional
                                                                               career. I’ve had the privilege of holding
                                            DID YOU KNOW?                      many different roles – from engineering
                                            For nearly 100 years, Caterpillar has   to sales and marketing – and even
                                            been investing in power generation   ran a manufacturing facility. Today, I
                                            solutions. In 1925, our engineers began   lead a global team focused on serving
                                            developing engines for our tractors and   customers with equipment and services
                                            quickly realized these engines could   to solve electric power challenges –
                                            be used in power systems to make   ones that look quite different than they
                                            even more progress possible. Since   did in 1925. The new energy landscape
                                            then, we’ve continually developed   is complex and rapidly changing.
                                            cleaner and increasingly efficient   Fundamentals like increased demand,
                                            power solutions for customers all over   variability in supply, and expanding
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