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The Department of Energy’s (DOE) Advanced Research Projects Agency for Energy (ARPA-E) is responsible for funding transformational energy technologies that are too early in their development to attract private-sector investment. Projects funded by ARPA-E are typically considered high-risk investments due to the long and arduous incubation period for energy technologies. However, in 2015, the 2% of total project applications that ARPA-E funded raised questions about the agency’s tolerance for risk. Because the program has been under pressure to achieve results quickly, some have suggested that it has been more inclined to invest in projects that have a higher chance of… [more]
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Senior Policy Analyst
Information Technology and Innovation Foundation
Don’t be fooled by the lack of “climate” in the policy title — the America COMPETES Act is just as important to addressing climate change as it is to its originally stated goal of strengthening U.S. international competitiveness. The legislation — which was passed in 2007, first reauthorized in 2010, and is up for reauthorization again this year — directly supports science and technology institutions that underpin the United States innovation infrastructure, including the development of clean energy. The COMPETES Acts has supported clean energy innovation through creation of the DOE’s ARPA-E and proposed a long list of educational reforms.… [more]
View InsightAs reported by the New York Times, Envia Systems, a California-based battery manufacturing company, announced yesterday what it calls a “major breakthrough” in battery technology that is “poised to revolutionize cost, range and safety in electric vehicles.” According to Envia’s press release, the breakthrough is a world record 400 Watt hour/kg lithium-ion battery, at a cost of $150 per kilowatt-hour, which is expected to “slash the price of a 300-mile range electric vehicle by cutting the cost of the battery pack by more than 50 percent.” Envia was awarded $4 million by DOE’s ARPA-E in 2009, and later received $7… [more]
View InsightNote: Synopsis drawn from the report. Synopsis intended solely for the purpose of generating discussion. Blueprint for a Secure Energy Future by the Obama Administration Demand for oil in countries like China and India is growing, and the price of oil will continue to rise with it. We need to make America more secure and control our energy future by harnessing all of the resources that we have available and embracing a diverse energy portfolio. Beyond our efforts to reduce our dependence on oil, we must focus on expanding cleaner sources of electricity, including renewables like wind and solar, as… [more]
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Transcript: “Energy Innovation and American Competitiveness” Sponsored by OurEnergyPolicy.org and the Congressional Research & Development Caucus 12 noon to 1:30 p.m. Thursday, March 3, 2011 B340 Rayburn House Office Building Washington, D.C. Opening Remarks: WILLIAM SQUADRON, President, Our Energy Policy Foundation Panel Speakers: NATHAN S. LEWIS, Director, U.S. DOE Innovation Hub; Professor of Chemistry, CalTech MARK MURO, Senior Fellow, Brookings Institution DAVID KREUTZER, Research Fellow in Energy Economics and Climate Change, The Heritage Foundation Moderator: YOSSIE HOLLANDER, Founder and Chairman, Our Energy Policy Foundation
View InsightNote: Drawn from report synopses by OurEnergyPolicy.org. Highlights of Major 2010 Energy Innovation Reports A Business Plan for America’s Energy Future by the American Energy Innovation Council Released June 2010 Post-Partisan Power by Steven F. Hayward, Mark Muro, Ted Nordhaus, and Michael Shellenberger Released October 2010 Creating a Clean Energy Century by Third Way Released November 2010 Government must play a key role in accelerating energy innovation for two reasons. First, innovations in energy technology can generate significant public benefits that are not reflected in the market price of energy, including cleaner air and improved public health, enhanced national security… [more]
View InsightNote: Synopsis from report‘s executive summary. Creating a Clean Energy Century: Recapturing the Lead in Clean Tech Innovation By Josh Freed, Sam Hodas, Sarah Collins, and Stephanie Praus While the energy market has always been driven by fossil fuels, it is moving slowly, but inevitably, toward clean energy as countries decide they can no longer tolerate the pollution costs and security risks of conventional energy or the threat of global warming. The great hurdle is making clean energy as cheap as fossil fuels. This will require major breakthroughs. Existing clean energy sources are too expensive and have technical limitations. The… [more]
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