Skip to content
MarketScale
‹ Back to IndustriesEnergy

Navigating the Semiconductor Chip Shortage

Joe Piccirilli, Founder and CEO of RoseWater Energy Group, and Mike Wilkinson, Founder, General Manager, and Vice President of Paragon Innovations, joined forces for a special combined episode of their respective podcasts’ Engineering Experience and The Next Generation of Energy to address the ongoing semiconductor chip shortage impacting their industry. Wilkinson wasn’t going to sugarcoat…

This story was produced through MarketScale. See how Energy teams put it to work with Customer Stories & Case Studies.

Share

Joe Piccirilli, Founder and CEO of RoseWater Energy Group, and Mike Wilkinson, Founder, General Manager, and Vice President of Paragon Innovations, joined forces for a special combined episode of their respective podcasts’ Engineering Experience and The Next Generation of Energy to address the ongoing semiconductor chip shortage impacting their industry.

Wilkinson wasn’t going to sugarcoat the situation. “It’s pretty devastating. Components are just not available in any flavor. It doesn’t matter if it’s a chip that everyone thinks about, like a microprocessor that goes into a car or something, or if it’s resistors and capacitors.” Wilkinson likened the situation to going to a hardware store and finding no nails available.

Piccirilli seconded Wilkinson’s assessment. “I have a product, and it’s been on our shelf for almost five years. Getting the parts for the existing product that everyone knows what that part list is, I order them a year out, and it’s still painful. I have a new product in development that was supposed to be done sixteen months ago. It’s the simple things like breakers. And the microprocessors and controllers? Forget those. It’s out of control.” With promised delivery for parts that never show, Piccirilli said he’ll be lucky if he can get the product launched by the end of 2022.

There isn’t much Piccirilli and Wilkinson can do besides ration parts when manufacturers cannot fulfill distribution orders.

Piccirilli looked at the possibility of engineering around the problem, but there aren’t many available avenues with this approach either. “There’s only so much you can engineer around without compromising the quality of the product, and because of the market position we are in at Rosewater, I can’t compromise the quality.”

Although parts may be in scarce supply, the demand for Piccirilli and Wilkinson’s products has never been higher.

Energy: are you visible to AI?

Before they reach out, Energy buyers ask AI engines which vendors to trust. See how AI describes your company today, and where competitors show up instead.

Free workspace

You just read one expert. Imagine publishing your whole team.

This article was produced through MarketScale. Create a free workspace and turn your own team's expertise into articles, video, and social posts. No credit card, no demo required.

NPS +73 · 1,000+ creators · 38+ countries

What you get, free

Your own MarketScale Studio workspace
One video edit a month, on us
AI writing, editing, and publishing tools
In-platform coaching to learn the system

More Energy Insights

Accenture confirms data breach after credential theft targets isolated network node

Accenture confirms data breach after credential theft targets isolated network node

Accenture confirmed a data breach on July 7, where attackers accessed corporate data through a compromised credential at an isolated network node. The breach involved data extraction from a restricted admin repository. This incident highlights vulnerabilities in secure network nodes even in large corporations.

  • 01Accenture experienced a data breach through a compromised credential.
  • 02The breach targeted a restricted admin repository.
  • 03Vulnerabilities exist even in secure network nodes of large corporations.

Jul 9, 2026

Heatwaves are reshaping European PPA terms, power prices, and nuclear output all at once

Heatwaves are reshaping European PPA terms, power prices, and nuclear output all at once

The recent heatwave in Europe during the summer of 2026 is significantly impacting the energy market. It is leading to extended power purchase agreements (PPAs), reduced nuclear output, and increased spot prices in Italy, approaching EUR 500/MWh. These changes are reshaping the terms and economics of energy production and sales across the continent.

  • 01Europe's 2026 heatwave is affecting energy markets.
  • 02Longer PPAs are becoming necessary.
  • 03Italy's spot prices are nearing EUR 500/MWh.

Jul 8, 2026

DOE geothermal funding and energy workforce strategy signal new demands for operators

DOE geothermal funding and energy workforce strategy signal new demands for operators

The Department of Energy (DOE) has allocated $171.5 million for the expansion of geothermal energy. This initiative comes with an 8-principle workforce strategy aimed at creating millions of new jobs in the energy sector. These efforts indicate increased demands for operators within the industry.

  • 01DOE is investing $171.5 million in geothermal energy expansion.
  • 02An 8-principle workforce framework has been released to boost energy jobs.
  • 03There's a growing demand for energy industry operators due to these initiatives.

Jul 8, 2026

Explore More Energy Insights

Read more expert perspectives from across Energy.

Browse Energy Hub