TITLE

The Role of Knowledge: Technological Innovation in the Energy System

AUTHOR(S)
Fri, Robert W.
PUB. DATE
October 2003
SOURCE
Energy Journal;2003, Vol. 24 Issue 4, p51
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
Technological innovation will continue to be essential in the energy system for both economic and public policy reasons. The process of innovation is typically incremental, cumulative, and assimilative. Innovation may produce revolutionary outcomes through the accumulation of small steps, or because it introduces new performance characteristics that the market values. In some circumstances, public policy intervention to overcome obstacles to innovation may be justified to secure public benefits. One obstacle is that innovators may be unable to capture all of the available economic benefits of innovation. Another is that economic benefits may not be available and the value of the public good has not been internalized in the market. Experience with energy innovation suggests government intervention works best when it is carefully targeted on specific obstacles. Why some government policies have not been successful and suggestions for new policy approaches that might be useful are also discussed.
ACCESSION #
11099698

 

Related Articles

  • Energy policy and institutional context: marine energy innovation systems. Winskel, Mark; McLeod, Andrew; Wallace, Robin; Williams, Robin // Science & Public Policy (SPP);Jun2006, Vol. 33 Issue 5, p365 

    A process of UK energy policy review in the early 2000s has seen renewable energy technologies moving from the policy margins to centre-stage. The review process drew on international experiences of renewables innovation, including an innovation systems framework that emphasises 'social capital'...

  • Baghdad outlines integrated national oil and gas strategy. MIRZA, ADAL // MEED: Middle East Economic Digest;6/21/2013, Vol. 57 Issue 25, p10 

    The article considers the Integrated National Energy Strategy (INES), an energy policy for Iraq developed by the World Bank and consulting firm Booz & Co. for the country's government calling for large investments in energy industries related infrastructure.

  • The gasmen cometh�. Ducker, Steve // European Power News;Oct2005, Vol. 30 Issue 7, p3 

    The article comments on several issues concerning the energy industries and the looming energy crisis in Great Britain in 2005. Key issues discussed include the energy policies of the British government, several political events and their relevance for the energy industries and energy policies...

  • Fears that CCS for all UK plants will lead to dash for gas are misplaced.  // MarketWatch: Global Round-up;Aug2009, Vol. 8 Issue 8, p174 

    The article reports on the fear of the impact of carbon capture and storage (CCS) technology on energy industry in Great Britain. It is noted that the government plans to implement an emissions performance standard framework designed to force all new gas power stations to be fitted with carbon...

  • Research and Innovation. Bingaman, Jeff // New Mexico Business Journal;Nov2001, Vol. 25 Issue 9, p34 

    Comments on the need for research and innovation in the U.S. energy sector. Efforts of the U.S. Senate Energy and Natural Resources Committee in examining energy concerns; Proposal regarding national energy policy; Significance of budget for energy research and development.

  • Mexican Oil and Energy Policy. Quintanilla, M. Juan; Bauer, E. Mariano // Challenge (05775132);May/Jun95, Vol. 38 Issue 3, p22 

    The article presents a discussion on the oil and energy policy in Mexico. The present financial crisis in Mexico once again brings its oil and energy policy to the fore. The United States would like the Mexican state monopoly of the energy sector to disappear. It would like to have a fully...

  • Latin America: The Energy Game.  // Emerging Markets Monitor;4/16/2007, Vol. 13 Issue 2, p14 

    The article deals with issues concerning energy policy in Latin America. It observes the division of governments in the region due to the debate over the future of ethanol production. It cites the efforts by Venezuelan President Hugo Chávez to reduce the Latin American dependence on the U.S....

  • CENTRAL AFRICA.  // Electricity Deregulation Report Global;2004, Issue 3, p181 

    Looks at the status of privatisation and deregulation of the energy sector in Central Africa as of January 2004. Role of the energy sector in the economic development in Cameroon; Plans of the government of the Democratic Republic of Congo to expand the Inga hydroelectric facility in the Congo...

  • Energy law Pushed LICAP back. Strempel, Dan // Fairfield County Business Journal;8/22/2005, Vol. 44 Issue 34, p3 

    The article reports on the passed national energy policy that will give Connecticut officials a chance to make their case against a plan that will split the state in two electric-pricing zones and raise rates with the hope of spurring investment in power plants. A hearing on September 20, 2005...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics