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Innovation in Energy Technology

Comparing National Innovation Systems at the Sectoral Level

image of Innovation in Energy Technology

This report reviews efforts under way in a number of OECD countries to advance innovation in energy technology, with a particular focus on hydrogen fuel cells. It compares energy innovation systems in Canada, France, Germany, Italy, Japan, Korea, Norway, the United Kingdom and United States to identify the roles of government, industry, universities and other public research organisations in the innovation process. It also examines the policies governments are implementing to finance needed research and development and to stimulate market demand for innovative energy technologies.

English

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Executive Summary

Innovation in energy technology has widespread implications for OECD economies. Although the energy sector accounts for a small share of GDP, the pervasive use of energy throughout modern economies makes uninterrupted supplies and stable prices critical to sustaining growth. Rapid growth in energy demand coupled with growing concerns about energy security and the environment, however, raise questions about the sustainability of the current energy system and call for renewed efforts to develop and deploy new and improved energy technologies that can support a sustainable energy system. Understanding how to stimulate innovation in energy technology is therefore of growing importance.

English

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