Mitigating the Peak-oil Impacts with Carbon-based Alternatives

carbon oil
One study that does address the peak-oil scenario directly is a 2005 report conducted for the National Energy Technology Laboratory (NETL) entitled “Peaking of World Oil Production: Impacts, Mitigation, and Risk Management” (Hirsch, et al., 2005). This study acknowledged the risk of the peaking of world oil production and investigated strategies to mitigate the impacts. Because NETL is the government’s primary fossil energy research lab, it is not surprising that the report concludes that the way to solve our looming liquid fossil fuel problem is . . . with more fossil fuels. (more…)

Electricity Production and Conversion

Electric and gas utilities’ Research & Development activities deal nearly exclusively with energy conversion, distribution, and energy usage (at least to the extent that these firms still focus on these core businesses). Although detailed data on utility Research & Development are not collected systematically, it seems that Energy R&D spending by many utilities has declined during the past decade or so. For example, a 1996 survey by the U.S. General Accounting Office (GAO) found that the combined Research & Development spending of the 112 largest operating utilities in the United States dropped from $708 million in 1993 to $476 million in 1996. (more…)

Renewable Energy Technology Development, Research & Development

The aim of this broad sweep through the area of energy innovation, highlighting the main actors, activities, policies, institutions, and their interactions that eventually underlie energy technology development and deployment, was to present an overview of the current state of and challenges to energy innovation. (more…)

The Role of Governments in Energy Research and Development

Not surprisingly, most Energy Research and Development takes place in industrialized countries where both the public and private sectors are involved in the development of energy technologies. Given that most energy technologies are deployed through the marketplace, the predominant focus of Energy Research and Development is within firms. Still, governments have historically played an important role in the Research and Development of new energy technologies through direct financial support (e.g., gas turbines) as well as through policies that promote Energy Research and Development within firms. (more…)