Energy

The Belfer Center began researching energy technology issues in the late 1990s. Its mission was “to determine and promote the adoption of effective strategies for developing and deploying cleaner and more efficient energy technologies that can reduce greenhouse gas emissions, reduce dependence on fossil fuels and stress on water resources, and improve economic development.”

In this issue, we look at the history and influence of the Center’s energy innovation efforts in the past two decades by focusing primarily on ETIP’s work in the U.S. and China.

As assistant to the president for science and technology, director of the White House Office for Science and Technology Policy, and co-chair of the President’s Council of Advisors on Science and Technology (PCAST), Holdren has worked closely with Obama to reinvigorate America’s scientific capabilities on a range of policy fronts, from climate change and renewable energy to health care and nanotechnology.

In order to make R&D funding decisions to meet particular goals, such as mitigating climate change or improving energy security, or to estimate the social returns to R&D, policy makers need to combine the information provided in this study on cost reduction potentials with an analysis of the macroeconomic implications of these technological changes. The authors conclude with recommendations for future directions on energy expert elicitations.

High cost and technical immaturity of bulk (multi-hour) electricity storage (BES) systems are often cited as major hurdles to increasing the penetration of intermittent renewables. The authors use a simple model to assess the economics of BES under carbon emissions constraints.

Cambridge, MA – The Belfer Center for Science and International Affairs has named Daniel Schrag, Sturgis Hooper Professor of Geology and Director of the Center for the Environment at Harvard University, to lead its Science, Technology, and Public Policy program. STPP, one of Harvard's most collaborative and cross-disciplinary programs, is renowned world-wide for its cutting-edge research on technology innovation, nuclear non-proliferation and safety, climate science and policy, cybersecurity, and globalization and development.

In this new oped for the Bulletin of the Atomic Scientist, MTA Associate Aaron Arnold and colleague Nikos Passas consider the role of banks in monitoring and verifying proliferation-related transactions. He outlines steps that the P5+1 and Iran can take in a final agreement that will allow them to remain vigilant about proliferation financing.

Robert Stavins and the Harvard Project on Climate Agreements research the best architecture for an agreement that will help prevent catastrophic climate change, a new book by Laura Diaz Anadon, Matthew Bunn, and Venkatesh (Venky) Narayanamurti takes on the challenge of transforming energy innovation in the United States—the world’s largest economy—to help provide secure, affordable energy without causing major damage to the environment and the climate.

Characterizing the future performance of energy technologies can improve the development of energy policies that have net benefits under a broad set of future conditions. In particular, decisions about public investments in research, development, and demonstration (RD&D) that promote technological change can benefit from (1) an explicit consideration of the uncertainty inherent in the innovation process and (2) a systematic evaluation of the tradeoffs in investment allocations across different technologies. To shed light on these questions, over the past five years several groups in the United States and Europe have conducted expert elicitations and modeled the resulting societal benefits. In this paper, the authors discuss the lessons learned from the design and implementation of these initiatives.