ABB_id2059
in News Departments > New & Noteworthy
print the content item

The American Enterprise Institute, the Brookings Institution and the Breakthrough Institute have released a new report, "Post-Partisan Power," which calls for revamping America's energy innovation system with the aim of making clean energy less expensive.

The report calls for increasing federal innovation investment from roughly $4 billion to $25 billion annually, and using military procurement, disciplined deployment incentives, and public-private hubs to achieve both incremental improvements and breakthroughs in clean energy technologies. The authors point to the U.S.' long history of bipartisan support for innovation.

The report includes the following recommendations:

- Secure funding necessary to complete the doubling of U.S. Department of Energy Office of Science budgets. Direct a significant portion of new funds to programs related to energy sciences, including roughly $300 million in annual funding to scale up the Energy Frontier Research Centers program over the coming years;

- Invest roughly $500 million annually to support K-12 curriculum and teacher training, energy education scholarships, post-doctoral fellowships;

- Help reform the U.S. energy innovation system by investing up to $5 billion annually to establish a robust national network of regional energy innovation institutes bringing together private sector, university and government researchers, investors, and private sector customers;

- Bring the Advanced Research Projects Agency for Energy (ARPA-E) to scale by providing $1.5 billion annually, while dedicating a significant portion of new funding to dual-use energy technology innovations with the potential to enhance energy security and strengthen the U.S. military; and

- Reform the nation's energy subsidies. Instead of open-ended subsidies that reward firms for producing more of the same product, employ a new strategy of competitive deployment incentives that are disciplined by cost reductions and optimized to drive steady improvements in the price and performance of a suite of emerging energy technologies.

SOURCE: The Breakthrough Institute

Hybrid Energy Innovations 2015

Trachte_id2056
Latest Top Stories

U.S. Wind Power Installations Surpassed 4.7 GW Last Year, Although China Still Leads

Bloomberg New Energy Finance reports that U.S. wind installations came back in a big way from a disappointing 2013.


IRS Specifies Performance, Quality Standards For Small Wind Turbines

The Internal Revenue Service (IRS) recently issued guidelines creating safety and performance standards for small wind turbines to be eligible for the 30% investment tax credit.


Hot Times North Of The Border: Canada Tops Previous Record For Installed Wind Capacity

For the second consecutive year, Canada's wind market has bested the country's previous mark for new installations.


Report: Policy Uncertainty Fuels Market Exodus As Firms Bolt North American Wind Industry

The global wind energy supply chain has yet to recover from the slump that began in 2013. In fact, many segments are undergoing a transformation, according to market research firm FTI Consulting.


Utilities Deal "Near-Fatal" Blow To Cape Wind: UPDATED

Despite its remarkable resiliency, could this latest setback mean the end for the controversial offshore wind farm?

Hybrid Energy Innovations 2015