Energy innovation
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Chapter 5 in Energy Innovation for the Twenty-First Century, 2019, pp 112-145 from Edward Elgar Publishing
Abstract:
The attention given to energy innovation has evolved over the past few decades, with the public and private sectors both investing in energy-sector technologies. This chapter examines the main countries relevant to the case studies in this book and examines the current status of their energy innovation institutions and policies. The priority attached to energy research, development and demonstration reflects the level of geopolitical attention to the energy sector. Private-sector research and development is largely focused on improving the extraction processes and costs associated with fossil fuels. In contrast, government efforts are directed largely towards transformation of the energy sector focusing on renewables, nuclear, efficiency and energy infrastructure. These drivers and motivations influence the direction of energy innovation and the type of support provided.
Keywords: Economics and Finance; Environment; Innovations and Technology (search for similar items in EconPapers)
Date: 2019
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