Formulating and implementing public policy for new energy carriers

Clinton J. Andrews

doi:10.1109/JPROC.2006.883716

Formulating and implementing public policy for new energy carriers

Clinton J. Andrews

Edward J. Bloustein School of Planning and Public Policy

Research output: Contribution to journal › Article › peer-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 language	English (US)
Pages (from-to)	1852-1863
Number of pages	12
Journal	Proceedings of the IEEE
Volume	94
Issue number	10
DOIs	https://doi.org/10.1109/JPROC.2006.883716
State	Published - Oct 2006

All Science Journal Classification (ASJC) codes

Computer Science(all)
Electrical and Electronic Engineering

Keywords

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

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10.1109/JPROC.2006.883716

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title = "Formulating and implementing public policy for new energy carriers",

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.",

keywords = "Business planning, Economics, Energy conversion, Hydrogen economy, Technological innovation, Technology assessment, Technology planning",

author = "Andrews, {Clinton J.}",

note = "Funding Information: Figs. 1–6 show the trajectory of U.S. energy sector research and development over recent decades. These data compiled by the U.S. National Science Foundation illustrate trends similar to those found in many countries. Most important is the dramatic overall decline in energy sector R&D since the 1970s. This trend is evident in both public and private R&D expenditures. It is also visible across fossil, nuclear, conservation and renewables, and other energy research categories. The public/private split in expenditures varies significantly across primary energy sources. Private expenditures dominate fossil fuel R&D. Public expenditures, by contrast, dominate nuclear R&D. For conservation, renewables, and other energy R&D, public and private expenditures are more closely balanced, with private dollars outpacing public dollars. Note that private R&D expenditures are partly subsidized by U.S. tax policies.",

year = "2006",

month = oct,

doi = "10.1109/JPROC.2006.883716",

language = "English (US)",

volume = "94",

pages = "1852--1863",

journal = "Proceedings of the Institute of Radio Engineers",

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publisher = "Institute of Electrical and Electronics Engineers Inc.",

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AU - Andrews, Clinton J.

N1 - Funding Information: Figs. 1–6 show the trajectory of U.S. energy sector research and development over recent decades. These data compiled by the U.S. National Science Foundation illustrate trends similar to those found in many countries. Most important is the dramatic overall decline in energy sector R&D since the 1970s. This trend is evident in both public and private R&D expenditures. It is also visible across fossil, nuclear, conservation and renewables, and other energy research categories. The public/private split in expenditures varies significantly across primary energy sources. Private expenditures dominate fossil fuel R&D. Public expenditures, by contrast, dominate nuclear R&D. For conservation, renewables, and other energy R&D, public and private expenditures are more closely balanced, with private dollars outpacing public dollars. Note that private R&D expenditures are partly subsidized by U.S. tax policies.

PY - 2006/10

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N2 - 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.

AB - 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.

KW - Business planning

KW - Economics

KW - Energy conversion

KW - Hydrogen economy

KW - Technological innovation

KW - Technology assessment

KW - Technology planning

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Formulating and implementing public policy for new energy carriers

Abstract

All Science Journal Classification (ASJC) codes

Keywords

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