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Commercialisation of Sustainable Energy Technologies

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  • P. Balachandra

    (Indira Gandhi Institute of Development Research)

  • B. Sudhakara Reddy

Abstract

Commercialization efforts to diffuse sustainable energy technologies (SETs) need to be sustainable in terms of replication, spread and longevity, and should promote goal of sustainable development. Limited success of diffusion through government driven pathways illustrates the need for market-based approaches to SET commercialization. This paper presents a detailed treatment of the pre-requisites for adopting a private sector driven business model approach for successful diffusion of SETs. This is expected to integrate the processes of market transformation and entrepreneurship development with innovative regulatory, marketing, financing, incentive and intermediary mechanisms. Further, it envisages a public-private partnership driven-mechanism as a framework for diffusion leading to technology commercialization.

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Bibliographic Info

Paper provided by East Asian Bureau of Economic Research in its series Energy Working Papers with number 22326.

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Date of creation: Jan 2007
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Handle: RePEc:eab:energy:22326

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Keywords: Commercialisation; Energy; Financing; technology; Sustainable;

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References

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  1. Peter, Raja & Ramaseshan, B & Nayar, C.V, 2002. "Conceptual model for marketing solar based technology to developing countries," Renewable Energy, Elsevier, Elsevier, vol. 25(4), pages 511-524.
  2. Henrik Klinge Jacobsen, 2000. "Technology Diffusion in Energy-Economy Models: The Case of Danish Vintage Models," The Energy Journal, International Association for Energy Economics, International Association for Energy Economics, vol. 0(Number 1), pages 43-71.
  3. de Almeida, Edmar Luiz Fagundes, 1998. "Energy efficiency and the limits of market forces: The example of the electric motor market in France," Energy Policy, Elsevier, Elsevier, vol. 26(8), pages 643-653, July.
  4. Menanteau, P., 2003. "Can negotiated agreements replace efficiency standards as an instrument for transforming the electrical appliance market?," Energy Policy, Elsevier, Elsevier, vol. 31(9), pages 827-835, July.
  5. Dieperink, Carel & Brand, Iemy & Vermeulen, Walter, 2004. "Diffusion of energy-saving innovations in industry and the built environment: Dutch studies as inputs for a more integrated analytical framework," Energy Policy, Elsevier, Elsevier, vol. 32(6), pages 773-784, April.
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Cited by:
  1. Balachandra, P., 2011. "Modern energy access to all in rural India: An integrated implementation strategy," Energy Policy, Elsevier, Elsevier, vol. 39(12), pages 7803-7814.
  2. Tobias Schmidt & Sandeep Dabur, 2014. "Explaining the diffusion of biogas in India: a new functional approach considering national borders and technology transfer," Environmental Economics and Policy Studies, Society for Environmental Economics and Policy Studies - SEEPS, Society for Environmental Economics and Policy Studies - SEEPS, vol. 16(2), pages 171-199, April.
  3. Hepbasli, Arif & Alsuhaibani, Zeyad, 2011. "A key review on present status and future directions of solar energy studies and applications in Saudi Arabia," Renewable and Sustainable Energy Reviews, Elsevier, Elsevier, vol. 15(9), pages 5021-5050.
  4. Chih-Jou Chen & Chia-Chin Chang & Shiu-Wan Hung, 2011. "Influences of Technological Attributes and Environmental Factors on Technology Commercialization," Journal of Business Ethics, Springer, Springer, vol. 104(4), pages 525-535, December.

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