Innovation Dynamics And Policy In The Energy Sector

Innovation Dynamics and Policy in the Energy Sector discusses the process and future of global innovation in the energy sector based on the innovation leadership example of Texas. The book proposes that the positive dynamics of Texas energy sector innovations arises from a confluence of factors, including supportive institutions, the management of technological change, competitive markets, astute public policy, intraindustrial collaboration, a cultural focus on change and risk-taking, and natural resource abundance. Heavily case-study focused chapters review the fundamental drivers of innovation, from key discoveries at Spindletop; the proliferation of oil production through major field development; through electric sector deregulation; and recent innovation in hydraulic fracking, renewable integration, and carbon capture. The work closes to argue that sustainable global innovation addressing the twin challenges of climate change and the energy transition must be driven by the promotion of competition and risk-taking which continually promotes the development of ideas, a process jointly funded by the public and private sectors and supported by collaborative and competitive institutions. Reviews the fundamental drivers of energy innovation and examines each driver through 10 key episodes in the Texas energy innovation experience, inclusive of guidance to the international research community based on their example. Establishes the critical impact of constructive energy policy, energy technology, and power markets in cultural settings that invite change and risk-taking and proposes them as key factors in building sustainable innovation. Consolidates current research and practice related to innovation from the perspectives of established (economics and engineering) and emergent (innovation economics and econometrics) disciplines.

As energy innovation becomes imperative for the environment and energy security, the law must be fleet-footed to evolve in an unwieldy area of policy. This much-needed text assembles experts to analyse the most recent developments, and to postulate how human rights, sustainable development, and the eradication of energy poverty could be achieved.

'This expert analysis provides an important contribution to understanding the technicalities of energy technology cost dynamics. Given the urgent need for delivery of low-cost renewable energy technologies in particular, it is vital to understand how to accelerate this process of technological learning.' - Miguel Mendonca, World Future Council, Germany

These books offer the work of leading representatives of academic, business, and government sectors worldwide who discuss current and future issues of critical importance for using science and technology to foster regional economic development and shared prosperity at home and abroad. Multidisciplinary perspectives provide state-of-the-art and useful knowledge to decision makers in both the private and public sectors---including informed and effective education, business, and government policies and strategies for the global knowledge economy. --Book Jacket.

The future of modern societies depends on their ability to deal with the challenge of climate change in the coming decades. One essential component is a better understanding of innovation processes in the energy sector. This book focuses on sustainability innovations in renewable energies, combined heat and power, and energy service contracting, and analyses the institutions, actors and functions within the innovation system. Of particular interest is the question of whether the joint effect of EU-driven market liberalization and climate policies will succeed in establishing market forces that will drive actors towards more climate-friendly energy production. A special focus is on the role of local utilities in the electricity sector as opposed to large transmission net operators or regional net operators. The countries covered in the contributions include Germany, Denmark, the UK, Switzerland, and the Netherlands.

Innovation for a Low Carbon Economy analyses the interplay of technological, institutional, market and management factors in the dynamics of energy systems. The book aims to inform national and international policies to promote low carbon innovation.

"The book "Innovation Energy: Trends and Perspectives or Challenges of Energy Innovation" is a source of information for researchers and experts mainly, as well as any party interested of gaining knowledge in this field. The volume brings a new and updated perspective on the current innovations in the energy field regarding technological and strategic approaches. The book is a result of the Second Open Meeting of the Balkan UNESCO Chairs 2017, organised by the UNESCO Chair for Business Administration (Chaire UNESCO pour la formation et la recherche appliquée au développement de l'entreprise dans les pays en conversion économique) within the Faculty of Business Administration, the Bucharest University of Economic Studies and Romania in partnership with the Romanian National Commission for UNESCO (CNR UNESCO). This event brought together the Balkan UNESCO Chairs on the topic of topic of "Education for Entrepreneurship, Innovation and Sustainability in the Knowledge Economy" on the 26-27th October 2017 at the Bucharest University of Economic Studies. The book comprises the research of experts and scholars in the field of energy and business from various countries, especially from Europe. The research areas covered by the chapters include topics referring to: the developments of the innovative process in the electrical energy field in Romania, initiatives for promoting new investments in the energy sector, new sources of energy for diminishing hazardous waste, infrastructure protection as a security factor, promoting electricity from renewable energy sources, floating wind turbines, multipurpose hydropower projects under climate change, innovations in landscape of nuclear power, innovations in energy trading, energy policy, patents and its application process in the energy field. This book seeks to bridge an important research gap by questioning and studying the progress of different types of innovations in the energy field and their impact on developing and advanced economies globally. It aims to explore and present trends, dynamics and implications of the innovations and progress in energy technologies and sustainable business, economic and political strategies and the most recent developments in the green energy field. Furthermore, it explores opportunities and threats in the way of innovative challenges in these economies through a wealth of insights by researchers in the field with the objective of emphasizing possible strategies to global sustainability"--

"Innovation and entrepreneurship are ubiquitous today, both as fields of study and as starting points for conversations among experts in government and economic development. But while these areas on continue to attract public and private investments, many measurements of their resulting economic growth-including productivity growth and business dynamism-have remained modest. Why this difference? Because not all business sectors are the same, and the transformative gains of some industries have been offset by stagnation or contraction in others. Accordingly, a nuanced understanding of the economy requires a nuanced understanding of where innovation and entrepreneurship occur and where they matter. Answering these questions allows for strategic public investment and the infrastructure for economic growth.The Role of Innovation and Entrepreneurship in Economic Growth, the latest entry in the NBER conference series, seeks to codify these answers. The editors leverage industry studies to identify specific examples of productivity improvements enabled by innovation and entrepreneurship, including those from new production technologies, increased competition, new organizational forms, and other means. Taken together, the volume illuminates whether the contribution of innovation and entrepreneurship to economic growth is likely to be concentrated, be it selected sectors or more broadly"--