Utility Dive•2 days ago
America’s energy innovation crossroads: Why federal investment matters now
Key Takeaway
Substantial federal R&D investment is presented as a critical policy lever to drive future energy innovation, directly shaping the technological landscape and cost structures for developers and large power consumers.
AI Summary
- •A federal investment of $25 billion for Department of Energy (DOE) R&D by 2030 is proposed as essential to address U.S. energy challenges.
- •This significant R&D funding is anticipated to accelerate energy innovation, potentially yielding new, more efficient, and cost-effective technologies for future project development and large consumer energy strategies.
- •The article highlights a strategic policy direction advocating for substantial public funding to advance energy technology over the next decade.
Topics
financingpolicy