Innovation Markets And Sustainable Energy

Innovation, Markets and Sustainable Energy is the first attempt to explore fuel cells and hydrogen technologies by embracing a solid theoretical perspective in the field of innovation and management. Adopting a cross-sectional and international perspective, the book analyzes the implications of introducing fuel cells into the industrial system and explores the complexity of market development for new technological solutions. This book presents an in-depth study of the hydrogen and fuel cell industry and markets, concentrating on the disruptive nature of these technologies. It examines the value chain structure and the strategies of relevant industry players, the alliances and inter-organizational learning processes, the development of new markets, and venture capital dynamics. It also provides an overview of the policies that support hydrogen and fuel cell technologies in major countries around the world. Academics focussing on innovation management, strategy, sustainability, and energy and environmental management will warmly welcome this timely book. It will also be of great interest for the fuel cell and hydrogen practitioner community at large and in particular policymakers.

This book examines the technical, market, and policy innovations for unlocking sustainable investment in the energy sector. While finalizing this book, the COVID-19 pandemic is cutting a devastating swath through the global economy, causing the biggest fall in energy sector investment, exacerbating the global trade finance gap, worsening signs of growing income inequality, and devastating the health and livelihoods of millions. What is the parallel between the COVID-19 pandemic and the climate change crisis? The impacts of the global pandemic are expected to last for a few years, whereas those associated with the climate crisis will play out over several decades with potentially irreversible consequences. However, both show that the cost of inaction or delay in addressing the risks can lead to devastating outcomes or a greater probability of irreversible, catastrophic damages. In the context of sustainable energy investment and the transition to a low-carbon, climate-resilient economy, what ways can financial markets and institutions support net-zero-emission activities and the shift to a sustainable economy, including investment in energy efficiency, low-carbon and renewable energy technologies? This book provides students, policymakers, and energy investment professionals with the knowledge and theoretical tools necessary to address related questions in sustainable energy investment, risk management, and energy innovation agendas.

Despite decades of effort and billions of dollars spent, two thirds of people in sub-Saharan Africa still lack access to electricity, a vital pre-cursor to economic development and poverty reduction. Ambitious international policy commitments seek to address this, but scholarship has failed to keep pace with policy ambitions, lacking both the empirical basis and the theoretical perspective to inform such transformative policy aims. Sustainable Energy for All aims to fill this gap. Through detailed historical analysis of the Kenyan solar PV market the book demonstrates the value of a new theoretical perspective based on Socio-Technical Innovation System Building. Importantly, the book goes beyond a purely academic critique to detail exactly how a Socio-Technical Innovation System Building approach might be operationalized in practice, facilitating both a detailed plan for future comparative research as well as a clear agenda for policy and practice. Chapter 1 of this book is freely available as a downloadable Open Access PDF under a Creative Commons Attribution-Non Commercial-No Derivatives 3.0 license. https://s3-us-west-2.amazonaws.com/tandfbis/rt-files/docs/Open+Access+Chapters/9781138656925_oachapter01.pdf Chapter 6 of this book is freely available as a downloadable Open Access PDF under a Creative Commons Attribution-Non Commercial-No Derivatives 3.0 license. https://s3-us-west-2.amazonaws.com/tandfbis/rt-files/docs/Open+Access+Chapters/9781138656925_oachapter06.pdf

Despite decades of effort and billions of dollars spent, two thirds of people in sub-Saharan Africa still lack access to electricity, a vital pre-cursor to economic development and poverty reduction. Ambitious international policy commitments seek to address this, but scholarship has failed to keep pace with policy ambitions, lacking both the empirical basis and the theoretical perspective to inform such transformative policy aims. Sustainable Energy for All aims to fill this gap. Through detailed historical analysis of the Kenyan solar PV market the book demonstrates the value of a new theoretical perspective based on Socio-Technical Innovation System Building. Importantly, the book goes beyond a purely academic critique to detail exactly how a Socio-Technical Innovation System Building approach might be operationalized in practice, facilitating both a detailed plan for future comparative research as well as a clear agenda for policy and practice. Chapters 1 and 6 of this book are freely available as downloadable Open Access PDFs at http://www.taylorfrancis.com under a Creative Commons Attribution (CC-BY) 4.0 license.

A cloud of uncertainty currently looms over global energy markets as a number of politically charged scenarios continue to gather momentum, such as: the ongoing development and rising prominence of shale oil and gas in the United States; the sudden fall in global oil prices; simmering tensions between Russia and the West, which if left unchecked, could yet wreak considerable havoc upon transnational energy flows across Central and Eastern Europe; the challenge presented by the so-called “Islamic State” to energy interests in Iraq and Syria; and the prospect of Iran reannouncing itself on the global energy stage. As a result, it has become increasingly difficult to determine the future composition of global energy markets, and the impact that current and indeed unforeseen geopolitical developments will have upon national, regional and international energy policy and decision-making. A number of question marks remain with regards to how such developments will affect production rates, pricing and energy security. The ECSSR 20th Annual Energy Conference, “Future Energy Trends: Innovation, Markets and Geopolitics,” held at the Center on November 18–19, 2014, and the resultant papers compiled in this volume, provide a variety of well-informed views that examine the notable paradigm shifts and transformations taking place within the energy sector. Added to this, the contributions offered in this edition collectively serve to highlight the notable repercussions being felt in the Middle East, Asia and elsewhere in the world as a result of the fraught relationship and blurring of the lines between energy policy and geopolitics. It would appear that producers and consumers alike are, to varying degrees depending on their geographical location, subsequently being held to ransom. Also discussed are key technological developments, such as those granting the United States greater room to maneuver on the difficult path towards achieving energy independence; in addition to the impressive strides that the United Arab Emirates continues to make, both in terms of renewable energy and its widely respected, peaceful nuclear energy program.

Explores how these conflicting scenarios could be reconciled; how can we shape a more sustainable energy system from the existing one; and possible technological progress and innovations to enable a brighter future. Addresses the reality that there exists no consensus on the extent to which innovations can really contribute to reconciling ever-growing energy consumption, availability of resources and the environment, and the structural demands on any energy system. Offers and explains a four-point strategy: Energy should according to its importance regain a top priority in the political arena; higly targeted subsidies should be given for a limited amount of time to speed up the market introduction of energy-efficient and regenerative techniques in analogy to the ‚Dutch model‘; Negotiated agreements and unilateral self-commitments can subsequently ensure further market diffusion of sustainable energy innovations.; the basic research in energy should not be diminished but intensified instead

Electricity, supplied reliably and affordably, is foundational to the U.S. economy and is utterly indispensable to modern society. However, emissions resulting from many forms of electricity generation create environmental risks that could have significant negative economic, security, and human health consequences. Large-scale installation of cleaner power generation has been generally hampered because greener technologies are more expensive than the technologies that currently produce most of our power. Rather than trade affordability and reliability for low emissions, is there a way to balance all three? The Power of Change: Innovation for Development and Deployment of Increasingly Clean Energy Technologies considers how to speed up innovations that would dramatically improve the performance and lower the cost of currently available technologies while also developing new advanced cleaner energy technologies. According to this report, there is an opportunity for the United States to continue to lead in the pursuit of increasingly clean, more efficient electricity through innovation in advanced technologies. The Power of Change: Innovation for Development and Deployment of Increasingly Clean Energy Technologies makes the case that America's advantagesâ€"world-class universities and national laboratories, a vibrant private sector, and innovative states, cities, and regions that are free to experiment with a variety of public policy approachesâ€"position the United States to create and lead a new clean energy revolution. This study focuses on five paths to accelerate the market adoption of increasing clean energy and efficiency technologies: (1) expanding the portfolio of cleaner energy technology options; (2) leveraging the advantages of energy efficiency; (3) facilitating the development of increasing clean technologies, including renewables, nuclear, and cleaner fossil; (4) improving the existing technologies, systems, and infrastructure; and (5) leveling the playing field for cleaner energy technologies. The Power of Change: Innovation for Development and Deployment of Increasingly Clean Energy Technologies is a call for leadership to transform the United States energy sector in order to both mitigate the risks of greenhouse gas and other pollutants and to spur future economic growth. This study's focus on science, technology, and economic policy makes it a valuable resource to guide support that produces innovation to meet energy challenges now and for the future.

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.