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Commercialisation of sustainable energy technologies

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Author Info

  • P. Balachandra

    ()
    (Indian Institute of Science)

  • B. Sudhakara Reddy

    ()
    (Indira Gandhi Institute of Development Research)

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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File URL: http://www.igidr.ac.in/pdf/publication/WP-2007-018.pdf
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Bibliographic Info

Paper provided by Indira Gandhi Institute of Development Research, Mumbai, India in its series Indira Gandhi Institute of Development Research, Mumbai Working Papers with number 2007-018.

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Length: 40 pages
Date of creation: Nov 2007
Date of revision:
Handle: RePEc:ind:igiwpp:2007-018

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Related research

Keywords: Commercialisation; Energy; Financing; Technology; Sustainable;

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References

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  1. Henrik Klinge Jacobsen, 2000. "Technology Diffusion in Energy-Economy Models: The Case of Danish Vintage Models," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1), pages 43-71.
  2. Peter, Raja & Ramaseshan, B & Nayar, C.V, 2002. "Conceptual model for marketing solar based technology to developing countries," Renewable Energy, Elsevier, vol. 25(4), pages 511-524.
  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, 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, 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, vol. 32(6), pages 773-784, April.
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Cited by:
  1. 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, vol. 104(4), pages 525-535, December.

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