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Determinants of Market Adoption of Advanced Energy Efficiency and Clean Energy Technologies

Completed

Electricity, supplied reliably and affordably, is foundational to the U.S. economy and is utterly indispensable to modern society. However, emissions resulting from many forms of electricity generation create environmental risks that could have significant negative economic, security, and human health consequences. Large-scale installation of cleaner power generation has been generally hampered because greener technologies are more expensive than the technologies that currently produce most of our power. Rather than trade affordability and reliability for low emissions, is there a way to balance all three?

Description

An ad hoc committee of experts with industrial, financial, academic, and public policy backgrounds will undertake a consensus study to determine whether and how federal policies can accelerate the market adoption of advanced energy efficiency and low- or non-polluting energy technologies. As part of the study the committee will hold workshops, commission research, and prepare a report with recommendations. The committee will consider technologies for the generation, transmission, and storage of electric power and for energy efficiency such as renewable and advanced nuclear and fossil fuel sources, storage and transition technologies, and building heating and lighting technologies. The study will consider market conditions that may advantage traditional technologies and disadvantage technologies with lower external costs to the environment, public health,, and national security. It will focus on the post-R&D stages of the energy supply chain, including scaled-up deployment and widespread adoption. It may consider policy instruments such as subsidies, tax incentives, demonstration projects, loan guarantees and other financial instruments, procurement, and regulation. Although the focus will be on developing recommendations for consideration by Congress, the White House, Department of Energy, and other federal agencies, recommendations may also address actions by States and regional entities.

Contributors

Committee

Chair

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Sponsors

Department of Energy

Staff

Paul Beaton

Lead

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