Page 5 - 2422-Caterpillar_SARL-GB
P. 5
LOOKING TOWARDS THE FUTURE Jason E. Kaiser is a Senior Vice President for the Caterpillar Electric
Power Division. In his role, he provides global leadership for the global
electric power generation business. This includes working with Cat®
TRENDS IN ENERGY TRANSITION dealers and customers to provide generators, related electrical and
hybrid products, and aftermarket services. Since joining Caterpillar
in 2000, Jason has held numerous roles in engineering, sales, and
By Jason Kaiser, Caterpillar Senior Vice President operations with increasing responsibility across the electric power
business. Last summer, Jason and his family relocated from Lafayette,
Indiana to Irving, Texas, Caterpillar’s new global headquarters.
environmental, social and governance Megatrends driving change
(ESG) goals are driving change and
experimentation at an unprecedented
pace. With Caterpillar’s deep expertise in
electric power equipment and services, 1 Electrification:
we’re working alongside our customers to Studies say electricity demands will likely increase substantially in our lifetime. For
help them keep energy costs low, meet instance, across the pond, the U.S. Energy Information Administration estimates
their ESG goals and ensure reliable and that energy demand will increase by 50% by 2050. And we’re experiencing a
resilient power – all at the same time. fundamental switch – one where cars, homes and even our Cat machines use
electric power in ways that they traditionally have not. This is driving change
To meet our customers’ needs, it’s from the point of consumption, back through distribution, and through to the
important to understand what megatrends utility grid. More and more, we rely on electric power for our daily life.
are changing the fundamentals around
energy and power. This blog is the
first in a series called, “Perspectives 2 Decarbonization:
on the Energy Transition from Caterpillar, like many of our customers, is setting important ESG goals. Many
Caterpillar”, where my colleagues lower-carbon solutions rely on renewable energy sources such as solar energy
and I will highlight different elements and wind, which are more variable than the power sources they replace. This
of the evolving energy landscape. leaves a state of transition around the increasing role renewables will play in the
energy mix and how to integrate them more effectively. We’re working with our
customers to identify the right solutions to help them meet their carbon-related
objectives, lower their energy costs and ensure power reliability and resiliency.
Cat Magazine 5
