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Commercialisation of Sustainable Energy Technologies

Author

Listed:
  • 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.

Suggested Citation

  • P. Balachandra & B. Sudhakara Reddy, 2007. "Commercialisation of Sustainable Energy Technologies," Energy Working Papers 22326, East Asian Bureau of Economic Research.
  • Handle: RePEc:eab:energy:22326
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    References listed on IDEAS

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    Cited by:

    1. Faran Ahmed & Muhammad Naeem & Muhammad Iqbal, 2017. "ICT and renewable energy: a way forward to the next generation telecom base stations," Telecommunication Systems: Modelling, Analysis, Design and Management, Springer, vol. 64(1), pages 43-56, January.
    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, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 16(2), pages 171-199, April.
    3. Gabriel, Cle-Anne, 2016. "What is challenging renewable energy entrepreneurs in developing countries?," Renewable and Sustainable Energy Reviews, Elsevier, vol. 64(C), pages 362-371.
    4. repec:eee:rensus:v:78:y:2017:i:c:p:855-867 is not listed on IDEAS
    5. Lund, Peter D., 2014. "How fast can businesses in the new energy sector grow? An analysis of critical factors," Renewable Energy, Elsevier, vol. 66(C), pages 33-40.
    6. Mijung Jung & Yi-beck Lee & Heesang Lee, 2015. "Classifying and prioritizing the success and failure factors of technology commercialization of public R&D in South Korea: using classification tree analysis," The Journal of Technology Transfer, Springer, vol. 40(5), pages 877-898, October.
    7. Balachandra, P., 2011. "Modern energy access to all in rural India: An integrated implementation strategy," Energy Policy, Elsevier, vol. 39(12), pages 7803-7814.
    8. Charikleia Karakosta, 2016. "A Holistic Approach for Addressing the Issue of Effective Technology Transfer in the Frame of Climate Change," Energies, MDPI, Open Access Journal, vol. 9(7), pages 1-20, June.
    9. 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, vol. 15(9), pages 5021-5050.
    10. Engelken, Maximilian & Römer, Benedikt & Drescher, Marcus & Welpe, Isabell M. & Picot, Arnold, 2016. "Comparing drivers, barriers, and opportunities of business models for renewable energies: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 60(C), pages 795-809.
    11. 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.
    12. Kaundinya, Deepak Paramashivan & Balachandra, P. & Ravindranath, N.H. & Ashok, Veilumuthu, 2013. "A GIS (geographical information system)-based spatial data mining approach for optimal location and capacity planning of distributed biomass power generation facilities: A case study of Tumkur distric," Energy, Elsevier, vol. 52(C), pages 77-88.
    13. Gabriel, Cle-Anne & Kirkwood, Jodyanne, 2016. "Business models for model businesses: Lessons from renewable energy entrepreneurs in developing countries," Energy Policy, Elsevier, vol. 95(C), pages 336-349.
    14. Kang, Moon Jung & Hwang, Jongwoon, 2016. "Structural dynamics of innovation networks funded by the European Union in the context of systemic innovation of the renewable energy sector," Energy Policy, Elsevier, vol. 96(C), pages 471-490.

    More about this item

    Keywords

    Commercialisation; Energy; Financing; technology; Sustainable;

    JEL classification:

    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products

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