Global priorities for zero-emission energy innovation
In December 2015, world leaders from 20 countries announced Mission Innovation, an unprecedented increase in funds for accelerating affordable, zero-emission energy at global scale, doubling their respective clean energy research and development (R&D) investment over five years. The Breakthrough Energy Coalition, a parallel private initiative led by Bill Gates, secured commitments from 28 significant private capital investors to support innovations coming out of this expanded public research pipeline.
Near Zero invited global experts in academia and industry to provide their perspectives on the opportunities and priorities for these R&D funds. Twenty-nine experts participated in this expert discussion.
Twenty-three experts allocated a hypothetical total global R&D budget of $30 billion per year across the five categories that the Breakthrough Energy Coalition has said it will invest in (see figure).
On average, participants called for the largest share of funding to go to electricity generation and storage (35%), followed by transportation (25%).
Most experts advocated a broad R&D portfolio, allocating a portion of the funds across all categories.
Within these categories, experts recommended focusing on particular R&D priorities, the most favored being: Grid-scale energy storage, carbon capture and sequestration (CCS) for fossil generation, low-cost/high-density batteries for transportation, and carbon-neutral fuels for transportation that cannot be readily electrified.
Many experts emphasized innovation for developing nations, which could have different priorities than developed nations and where technology transfer has sometimes failed in the past.
Electrification of transportation should be a priority, most experts agreed. There was less agreement about whether energy efficiency R&D should be a lower priority than R&D in other sectors.
a Near Zero white paper
Daniel L. Sanchez *†, Michael D. Mastrandrea *† and Mason Inman *
* Near Zero
† Carnegie Institution for Science, Department of Global Ecology
Expert participants
29 experts participated in the elicitation for this report:
Arun Majumdar
Stanford University
Dale Simbeck
SFA Pacific
Dan Kammen
University of California, Berkeley
Ed Rubin
Carnegie Mellon University
Greg Nemet
University of Wisconsin-Madison
Jane Long
Environmental Defense Fund
Jay Apt
Carnegie Mellon University
Jesse Jenkins
Massachusetts Institute of Technology
John Woolard
Kejun Jiang
Energy Research Institute
Ken Caldeira
Carnegie Institution for Science
Laura Diaz Anadon
Harvard University and University College London
Lee Lane
Hudson Institute
Leena Srivastava
The Energy and Resources Institute
Max Henrion
Lumina Decision Systems
Morgan Bazilian
World Bank
Nancy Pfund
DBL Partners
Nate Lewis
California Institute of Technology
Neil Wilmshurst
Electric Power Research Institute
Paul Ekins
University College London
Paulina Jaramillo
Carnegie Mellon University
Per Peterson
University of California, Berkeley
Sally Benson
Stanford University
Steven Hamburg
Environmental Defense Fund
Teryn Norris
Independent (now at PIRA Energy Group)
Valentina Bosetti
Bocconi University
Valerie Karplus
Massachusetts Institute of Technology
William Moomaw
Tufts University
Youba Sokona
South Centre