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IMPACT for Energy: Driving Investment in New Technologies

Author(s): Senator Chris Coons (D-DE)
U.S. Senator, State of Delaware
Member, Senate Appropriations
Date: February 8, 2018 at 10:28 AM

Recently, a bipartisan, bicameral bill, the IMPACT for Energy Act, was introduced to establish a nonprofit foundation that will channel private-sector investments that support the creation, development, and commercialization of innovative technologies that address ongoing energy challenges. Today’s energy challenges are complex. Viable energy solutions involve multiple partners in government, industry, and academia. The pace and scale of these projects require partnerships between public and private entities to negotiate all stages of the innovation pipeline. While Research, Development, Deployment, & Diffusion (RDD&D) has long relied on public-private partnerships, the U.S. has experienced investment changes. RDD&D is essential for driving innovation and… [more]

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