Appropriate government policy toward commercialization of new energy-supply technologies
Journal Article
·
· Energy J.; (United States)
The merits of government support for the commercialization of particular energy-supply technologies are examined, and a framework is outlined for the economic evaluation of different support schemes. The emphasis is on identifying four conditions under which it would be appropriate to treat energy supply differently from other sectors by subsidizing commercial adoption of selected new technologies and on determining which subsidy mechanisms are appropriate to those conditions. The argument is made that it is appropriate to single out individual technologies only under very special conditions, whether or not energy prices are at efficient levels. If prices are inefficient, a balanced subsidy program is better than government attempts to manage commercialization. 58 references.
- Research Organization:
- Massachusetts Inst. of Tech., Cambridge
- OSTI ID:
- 5283646
- Journal Information:
- Energy J.; (United States), Journal Name: Energy J.; (United States) Vol. 1:2; ISSN ENJOD
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
29 ENERGY PLANNING, POLICY, AND ECONOMY
290500* -- Energy Planning & Policy-- Research
Development
Demonstration
& Commercialization
292000 -- Energy Planning & Policy-- Supply
Demand & Forecasting
COMMERCIALIZATION
ENERGY SOURCE DEVELOPMENT
ENERGY SUPPLIES
FINANCIAL INCENTIVES
FINANCING
GOVERNMENT POLICIES
SUBSIDIES
TECHNOLOGY TRANSFER
TECHNOLOGY UTILIZATION
290500* -- Energy Planning & Policy-- Research
Development
Demonstration
& Commercialization
292000 -- Energy Planning & Policy-- Supply
Demand & Forecasting
COMMERCIALIZATION
ENERGY SOURCE DEVELOPMENT
ENERGY SUPPLIES
FINANCIAL INCENTIVES
FINANCING
GOVERNMENT POLICIES
SUBSIDIES
TECHNOLOGY TRANSFER
TECHNOLOGY UTILIZATION