Formulating and implementing public policy for new energy carriers

Research output: Contribution to journalArticlepeer-review

4 Scopus citations

Abstract

There are several widely recognized tests for determining whether government should intervene in the marketplace. Does the public policy improve efficiency, equity, or stability, or does it pursue widely accepted social objectives? This paper examines the formulation of public policies toward new energy carriers such as hydrogen, in terms of what they ought to be and what they are in actuality. It goes on to examine policy implementation issues, which will be strongly affected by the hydrogen economy's likely development trajectory. Hydrogen, as currently conceived, can be expected to evolve from a local market to a continental market over time, implying that state and local policies will strongly influence its development. The paper closes with strategic policy recommendations.

Original languageEnglish (US)
Pages (from-to)1852-1863
Number of pages12
JournalProceedings of the IEEE
Volume94
Issue number10
DOIs
StatePublished - Oct 2006

All Science Journal Classification (ASJC) codes

  • Electrical and Electronic Engineering

Keywords

  • Business planning
  • Economics
  • Energy conversion
  • Hydrogen economy
  • Technological innovation
  • Technology assessment
  • Technology planning

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