Energy

"The government's shift in fuel subsidy reform policy is disconcerting. The lack of transparency on these policy decisions reflects either the government's unwillingness to admit the extent of its blunder or a shift towards a less democratic process of subsidizing fuels."

The Federal Government has many tools at its disposal to advance energy technology innovation. It can signal markets, for example, through energy tax and regulatory policy ("market pull"), and it can advance research, development, and deployment of energy technologies ("technology push"). Both of these kinds of tools can be effective, but the most effective policy portfolio balances a combination of these policies.

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.

Energy technology innovation is the key to driving the technological changes that are necessary to meet the challenge of mitigating energy-related greenhouse gas emissions to avoid 'dangerous climate change.' Success in innovation requires the enhancement of public investment in the innovation process, the creation of markets for low-carbon technologies through stronger climate policies, and a continued focus on energy access and equity.

Each year, the Science, Technology, and Public Policy (STPP) Program at the Belfer Center for Science and International Affairs at the Harvard Kennedy School welcomes new pre- and post-doctoral fellows and visiting researchers to a select team of scholars exploring the critical role that science and technology play in everyday life.

"Laura Diaz Anadon is Associate Director of the Belfer Center’s Science, Technology, and Public Policy Program, Director of the Energy Technology Innovation Policy research group, and a member of the Belfer Center Board of Directors. In May, she was named Assistant Professor of Public Policy at Harvard Kennedy School."

Probabilistic estimates of the cost and performance of future nuclear energy systems under different scenarios of government research, development, and demonstration (RD&D) spending were obtained from 30 U.S. and 30 European nuclear technology experts. The majority expected that such RD&D would have only a modest effect on cost, but would improve performance in other areas, such as safety, waste management, and uranium resource utilization. The U.S. and E.U. experts were in relative agreement regarding how government RD&D funds should be allocated, placing particular focus on very high temperature reactors, sodium-cooled fast reactors, fuels and materials, and fuel cycle technologies.

By analyzing the institutions that have been created to stimulate energy technology innovation in the United States, the United Kingdom, and China—three countries with very different sizes, political systems and cultures, natural resources, and histories of involvement in the energy sector—this article highlights how variations in national objectives and industrial and political environments have translated into variations in policy.