
The next energy revolution is on our doorstep, and it is going to be driven by renewable power generation technologies, which potentially allow for a much more decentralized power system and a less heavy network. Still, power transmission network projects worth USD 40 trillion are being financed through different state and private investments all around the world.

A few weeks ago Elon Musk (CEO of SpaceX and Tesla Motors and Chairman of SolarCity, among others) presented two new products: solar roof tiles produced by SolarCity, and Tesla’s Powerwall 2, designed to work together to revolutionize the concept of solar PV systems. Energy sector professionals, environmentalists, and renewable energy enthusiasts around the world (including Georgia) were thrilled, and started sharing information and opinions about the new products on social networks, talking of another step towards the revolution of the power sector so many are waiting for.

ISET is proud to announce that resident faculty member Norberto Pignatti has recently become a research fellow at the Institute for the Study of Labor (IZA), a private, independent research institute based in Bonn (Germany), which conducts nationally and internationally-oriented labor market research. IZA runs the world's largest research network in economic science, comprising over 1,300 international Research Fellows and Affiliates, as well as Policy Fellows from business, politics, society, and the media.

On November 10, ISET hosted an EBRD group with a keynote speaker, Alexander Plekhanov, Deputy Director of Research at the European Bank for Reconstruction and Development in London. He presented the EBRD’s Transition Report, entitled “Transition for All: Equal Opportunities in an Unequal World”.

In what has been a decidedly international few months for ISET with recent visits to Japan, Norway, and India (as well as a trip to Uzbekistan in late October), yet another member of the institute's faculty has traveled abroad, this time to Germany.