Public Investments in Energy Technology

by Michael P Gallaher, Albert N. Link, and Alan C. O'Connor

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Book cover for Public Investments in Energy Technology

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Escalating energy demand may be the most important issue facing the United States and the world today. There is little disagreement that research and development (R&D) is needed to develop new energy technologies for the future; however, there is less agreement over the specific research agenda to be pursued and how that agenda is funded. This book addresses the social importance of new energy technologies, illustrates policy-relevant applications of evaluation techniques and proposes new perspectives for a US energy investment strategy.

Through detailed examples related to solar, geothermal, and vehicle technologies, the authors outline the need for robust evaluation methods to document social returns to taxpayers' R&D investments. They argue that such evaluations are necessary for the public sector to make rational decisions about the allocation of its scares resources. The evaluation methods considered involve developing alternative technology and market pathways from which the benefits of government research can be measured.

Researchers and graduate students, policy makers involved in energy technology, and energy R&D program managers will all find much of value in this important and timely book.

  • ISBN10 0857931571
  • ISBN13 9780857931573
  • Publish Date 31 January 2012 (first published 1 January 2010)
  • Publish Status Active
  • Publish Country GB
  • Imprint Edward Elgar Publishing Ltd
  • Format Hardcover
  • Pages 200
  • Language English