CEO, Yum China
Driving change at a 119-year-old electricity utility provider is no easy task, but Austin Bryan, who leads innovation at Hong Kong-based China Light and Power, is motivated by the challenge.
In the role since 2016, Bryan has created a culture of collaboration within the organization, in particular developing partnerships around new ideas and applications from the startup world.
CLP has cooperated with tech partners on a number of projects, including smart solutions targeting schools, offices, and buildings, and software to evaluate the effects of solar panels on the power distribution network. Bryan has also led CLP’s direct investment in a number of tech companies and venture funds.
Bryan’s efforts are much needed as part of the transformation of CLP from a traditional utility provider to a technology-led energy company. Key will be balancing CLP’s century-old heritage and reputation with the changing needs of both customers and society at large.
“The transformation of the energy sector is exciting and it’s here now: sustainable, digital, decarbonized, decentralized,” Bryan tells Business Insider. “The tools available today in energy allow consumers, businesses, cities the ability to have control over how energy is used, how it is stored, how it’s shared and how they can act to reduce carbon intensity in their daily lives.”