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U.S. Department of Energy
Office of Scientific and Technical Information

Cooperative R and D ventures an opportunity for leveraged research in fossil energy

Technical Report ·
OSTI ID:7249236

A new approach for creating government-industry partnerships to finance fossil fuel research and technology development will be examined in a public meeting to be held by the Department of Energy in Denver on December 3, 1986. In a cooperative venture, the Energy Department would be a minority funding partner, involving itself principally in matters of policy and investment decisions rather than managing detailed technology and business aspects. Other participants, which could include public or private organizations in the same business or industry, would determine the project's scope, technical activities and form of management. Cooperative ventures could include projects involving coal, oil, gas or oil shale. Such research ventures have proven highly productive in the microelectronics and semiconductor fields, and we believe the opportunity may exist to extend this approach into the area of fossil energy research. The Energy Department first proposed the cooperative venture approach in its fiscal 1987 budget request, but Congress indicated that additional details were needed on how cooperative R and D ventures would be applied to fossil energy projects before funds could be specifically appropriated for a cooperative venture pool. The public conference will permit views to be presented that could subsequently be used in structuring the department's participation in cooperative research and development ventures.

Research Organization:
USDOE Assistant Secretary for Fossil Energy, Washington, DC
OSTI ID:
7249236
Report Number(s):
DOE/FE-0075; ON: DE87002349
Country of Publication:
United States
Language:
English