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Unlocking Energy Innovation:How America Can Build a Low-Cost, Low-Carbon Energy System

Cover Image Copyright Year: 2011
Author(s): Lester, R.; Hart, D.
Publisher: MIT Press
Content Type : Books & eBooks
Topics: Power, Energy, & Industry Applications
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Abstract

Energy innovation offers us our best chance to solve the three urgent and interrelated problems of climate change, worldwide insecurity over energy supplies, and rapidly growing energy demand. But if we are to achieve a timely transition to reliable, low-cost, low-carbon energy, the U.S. energy innovation system must be radically overhauled. Unlocking Energy Innovation outlines an up-to-the-minute plan for remaking America's energy innovation system by tapping the country's entrepreneurial strengths and regional diversity in both the public and private spheres. The authors map three waves of energy innovation to show how we can speed up the introduction of new technologies and business models and accelerate their deployment on a massive scale. "Business as usual" will not fill the energy innovation gap. Nor will wishful thinking--common enough today, with politicians and others talking up some technologies, talking down others, and claiming that if we price it, or if we mandate it, or if we simply say it often and inspiringly enough, the innovations will flow. Only the kind of systemic, transformative changes to our energy innovation system described in this provocative book will help us avert the most dire scenarios and achieve a sustainable and secure energy future.

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      Front Matter

      Lester, R. ; Hart, D.
      Unlocking Energy Innovation:How America Can Build a Low-Cost, Low-Carbon Energy System

      Page(s): i - 8
      Copyright Year: 2011

      MIT Press eBook Chapters

      This chapter contains sections titled: Half Title, Title, Copyright, Dedication, Contents, Preface, Acknowledgments, Introduction: Zero to Eighty in Forty View full abstract»

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      Beyond Wishful Thinking: Facts, Deductions, and Grounded Assertions About Climate and Energy

      Lester, R. ; Hart, D.
      Unlocking Energy Innovation:How America Can Build a Low-Cost, Low-Carbon Energy System

      Page(s): 9 - 28
      Copyright Year: 2011

      MIT Press eBook Chapters

      This chapter contains sections titled: The Climate and Energy Challenge: Immense Scale, Enormous Scope, Zero to Eighty in Forty: What It Would Take for the United States, The Essential Role of Electrification and “Bridges” to Get There, Mitigating Climate Change and Other Energy Policy Goals, The Real Energy Innovation Opportunity: Doing Much Better Using What We Already Know, Conclusion: From Innovation Agenda to Innovation System View full abstract»

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      An Energy Innovation System That Works

      Lester, R. ; Hart, D.
      Unlocking Energy Innovation:How America Can Build a Low-Cost, Low-Carbon Energy System

      Page(s): 29 - 55
      Copyright Year: 2011

      MIT Press eBook Chapters

      This chapter contains sections titled: The Innovation Process and the Innovation System, Energy Innovation: System and Process, The Department of (Not So Much) Energy, Beyond DOE: Federal and State Government Agencies in the Energy Innovation System, Energy Innovation Policy: Beyond the Conventional Wisdom, Toward an Energy Innovation System that Works: Seven Principles View full abstract»

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      Electric Utilities and the Three Waves of Energy Innovation

      Lester, R. ; Hart, D.
      Unlocking Energy Innovation:How America Can Build a Low-Cost, Low-Carbon Energy System

      Page(s): 57 - 76
      Copyright Year: 2011

      MIT Press eBook Chapters

      This chapter contains sections titled: Electricity: The Central Front, From Frontier to Hodge-Podge, Opportunities and Obstacles, Toward the “Smart Integrator” Utility, Innovative Entrants in New Spaces: Independent Power Producers and Energy Management Service Providers, The “Smart Integrator” in Context: Regulation and Coordination, Conclusion View full abstract»

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      The First Wave of Innovation: Energy Efficiency in Buildings

      Lester, R. ; Hart, D.
      Unlocking Energy Innovation:How America Can Build a Low-Cost, Low-Carbon Energy System

      Page(s): 77 - 98
      Copyright Year: 2011

      MIT Press eBook Chapters

      This chapter contains sections titled: Energy Efficiency: The Big Picture, Building Energy Efficiency: The Opportunity, Barriers to Improving Building Energy Efficiency, Markets for Efficiency Products and Services, Energy Codes for New Buildings, Appliance Efficiency Standards, Incentives to Retrofit Existing Buildings, Sustaining the First Wave with Design and Technology, Conclusion View full abstract»

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      The Second Wave of Innovation—Part I: Low-Carbon Electricity Supply

      Lester, R. ; Hart, D.
      Unlocking Energy Innovation:How America Can Build a Low-Cost, Low-Carbon Energy System

      Page(s): 99 - 120
      Copyright Year: 2011

      MIT Press eBook Chapters

      This chapter contains sections titled: Gaps in Financing Demonstration and Early Deployment, Federal Support for Demonstration and Early Deployment: The Record, Reform Proposals on the Table, A Regionally Based Demonstration and Early Deployment Funding Mechanism, Regional Innovation Investment Boards, State Trustees, A Federal Gatekeeper, Pros and Cons of the RIIB Approach, Conclusion View full abstract»

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      The Second Wave of Innovation—Part 2: The Rest of the Electricity System

      Lester, R. ; Hart, D.
      Unlocking Energy Innovation:How America Can Build a Low-Cost, Low-Carbon Energy System

      Page(s): 121 - 141
      Copyright Year: 2011

      MIT Press eBook Chapters

      This chapter contains sections titled: Opportunities for Technological Innovation, Open Architecture, Dynamic Pricing and Other Motivating Information, Paying for the Customer-Side Smart Grid, Smart Incentives for the Utility-Side Smart Grid, Public Support for Demonstration, Development, and Research, Conclusion View full abstract»

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      The Third Wave of Innovation: Creating Breakthrough Options

      Lester, R. ; Hart, D.
      Unlocking Energy Innovation:How America Can Build a Low-Cost, Low-Carbon Energy System

      Page(s): 143 - 158
      Copyright Year: 2011

      MIT Press eBook Chapters

      This chapter contains sections titled: Breakthrough Ideas, Expanded, Sustained, and Stable Federal Funding, Pluralistic Funding and Public “Spaces”, International Collaboration, Forward Linkages to the Rest of the Energy Innovation System, Conclusion View full abstract»

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      Building a New American Energy Innovation System: A Ten-Point Framework

      Lester, R. ; Hart, D.
      Unlocking Energy Innovation:How America Can Build a Low-Cost, Low-Carbon Energy System

      Page(s): 159 - 167
      Copyright Year: 2011

      MIT Press eBook Chapters

      This chapter contains sections titled: New Innovators, Expanded Competition in Electric Power Markets, Smart Integrators, An Invigorated Energy Efficiency Marketplace, Regional Innovation Investment Boards, State Energy Innovation Trustees, A Federal “Gatekeeper”, Dynamic Pricing, Open Grid Architecture and Customer Control, Breakthrough Innovations View full abstract»

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      Notes

      Lester, R. ; Hart, D.
      Unlocking Energy Innovation:How America Can Build a Low-Cost, Low-Carbon Energy System

      Page(s): 169 - 184
      Copyright Year: 2011

      MIT Press eBook Chapters

      This chapter contains sections titled: Chapter 1, Chapter 2, Chapter 3, Chapter 4, Chapter 5, Chapter 6, Chapter 7 View full abstract»

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      Bibliography

      Lester, R. ; Hart, D.
      Unlocking Energy Innovation:How America Can Build a Low-Cost, Low-Carbon Energy System

      Page(s): 185 - 193
      Copyright Year: 2011

      MIT Press eBook Chapters

      Energy innovation offers us our best chance to solve the three urgent and interrelated problems of climate change, worldwide insecurity over energy supplies, and rapidly growing energy demand. But if we are to achieve a timely transition to reliable, low-cost, low-carbon energy, the U.S. energy innovation system must be radically overhauled. Unlocking Energy Innovation outlines an up-to-the-minute plan for remaking America's energy innovation system by tapping the country's entrepreneurial strengths and regional diversity in both the public and private spheres. The authors map three waves of energy innovation to show how we can speed up the introduction of new technologies and business models and accelerate their deployment on a massive scale. "Business as usual" will not fill the energy innovation gap. Nor will wishful thinking--common enough today, with politicians and others talking up some technologies, talking down others, and claiming that if we price it, or if we mandate it, or if we simply say it often and inspiringly enough, the innovations will flow. Only the kind of systemic, transformative changes to our energy innovation system described in this provocative book will help us avert the most dire scenarios and achieve a sustainable and secure energy future. View full abstract»

    • Full text access may be available. Click article title to sign in or learn about subscription options.

      Index

      Lester, R. ; Hart, D.
      Unlocking Energy Innovation:How America Can Build a Low-Cost, Low-Carbon Energy System

      Page(s): 195 - 216
      Copyright Year: 2011

      MIT Press eBook Chapters

      Energy innovation offers us our best chance to solve the three urgent and interrelated problems of climate change, worldwide insecurity over energy supplies, and rapidly growing energy demand. But if we are to achieve a timely transition to reliable, low-cost, low-carbon energy, the U.S. energy innovation system must be radically overhauled. Unlocking Energy Innovation outlines an up-to-the-minute plan for remaking America's energy innovation system by tapping the country's entrepreneurial strengths and regional diversity in both the public and private spheres. The authors map three waves of energy innovation to show how we can speed up the introduction of new technologies and business models and accelerate their deployment on a massive scale. "Business as usual" will not fill the energy innovation gap. Nor will wishful thinking--common enough today, with politicians and others talking up some technologies, talking down others, and claiming that if we price it, or if we mandate it, or if we simply say it often and inspiringly enough, the innovations will flow. Only the kind of systemic, transformative changes to our energy innovation system described in this provocative book will help us avert the most dire scenarios and achieve a sustainable and secure energy future. View full abstract»