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Volatility in federal funding of energy R&D

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  • Schuelke-Leech, Beth-Anne

Abstract

Funding for Research and Development in any given industry or technology is considered essential to its ongoing competitiveness and longevity. This paper analyzes the allocation of federal R&D funding for energy between 2000 and 2012. The results show that funding for energy R&D is very volatile for both the aggregate energy research types, such as coal or nuclear power, and specific research areas, such as carbon capture and sequestration or nuclear waste reprocessing. While overall funding levels are often sources of frustration, budgetary volatility may be as much of a problem.

Suggested Citation

  • Schuelke-Leech, Beth-Anne, 2014. "Volatility in federal funding of energy R&D," Energy Policy, Elsevier, vol. 67(C), pages 943-950.
  • Handle: RePEc:eee:enepol:v:67:y:2014:i:c:p:943-950
    DOI: 10.1016/j.enpol.2013.12.057
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    References listed on IDEAS

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    1. Nemet, Gregory F. & Kammen, Daniel M., 2007. "U.S. energy research and development: Declining investment, increasing need, and the feasibility of expansion," Energy Policy, Elsevier, vol. 35(1), pages 746-755, January.
    2. Richard Freeman & John Van Reenen, 2009. "What If Congress Doubled R&D Spending on the Physical Sciences?," Innovation Policy and the Economy, University of Chicago Press, vol. 9(1), pages 1-38.
    3. Edwin Mansfield & John Rapoport & Anthony Romeo & Samuel Wagner & George Beardsley, 1977. "Social and Private Rates of Return from Industrial Innovations," The Quarterly Journal of Economics, Oxford University Press, vol. 91(2), pages 221-240.
    4. repec:cup:apsrev:v:60:y:1966:i:03:p:529-547_13 is not listed on IDEAS
    5. Offer, G.J. & Howey, D. & Contestabile, M. & Clague, R. & Brandon, N.P., 2010. "Comparative analysis of battery electric, hydrogen fuel cell and hybrid vehicles in a future sustainable road transport system," Energy Policy, Elsevier, vol. 38(1), pages 24-29, January.
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    Cited by:

    1. David Popp, 2015. "Using Scientific Publications to Evaluate Government R&D Spending: The Case of Energy," CESifo Working Paper Series 5442, CESifo Group Munich.
    2. David Popp, 2015. "Using Scientific Publications to Evaluate Government R&D Spending: The Case of Energy," NBER Working Papers 21415, National Bureau of Economic Research, Inc.

    More about this item

    Keywords

    Energy policy; Energy R&D; R&D funding;

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