Accelerating clean energy solutions that improve the economy, national security and the environment
Energy is a key pillar of our lives–it runs our cars, charges our computers and powers our factories. Globally, energy use is expected to increase 35 percent over the next 25 years, driven almost entirely by demand due to increases in electricity use and vehicle fleets. The growing need for energy around the world is likely to make it an ever more precious commodity–forcing up prices and increasing global instability. Additionally, the world’s energy sector is responsible for approximately 70 percent of global carbon emissions, the direct cause of climate change.
A business-as-usual approach to energy policy threatens global economic competitiveness, national security and the environment. We must fundamentally transform the manner in which we produce, distribute and consume energy if we are to reduce dependence on foreign oil, create jobs, enhance global competitiveness and decrease carbon emissions.
International collaboration aims to spur advanced technology development
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In 2014, the Department of Defense consumed more than 87 million barrels of petroleum fuels, enabling U.S. forces to operate worldwide. That enormous demand, however, could also be a vulnerability, according to the department’s 2016 Operational Energy Strategy, which updates the original energy strategy released in 2011. Read More
The country’s century-old centralized power system is yielding to advanced, distributed-energy-generation capabilities, producing energy at or near where it is consumed. As this transition accelerates, efficient energy technologies—such as combined heat and power (CHP) and waste heat to power (WHP) systems—will play a crucial role in creating a cleaner, more secure, and... Read More
For clean energy technologies to prosper, the investment community needs to be patient, risk tolerant, and ready to scale up capital in the most promising inventions, according to U.S. Energy Secretary Ernest Moniz. The secretary, who spoke at an April 26 meeting with energy innovators hosted by The Pew Charitable Trusts, told the group that the United States is in the midst of a clean energy... Read More