What do renewable and future energies need? Experts in the Third World Future Energy Summit , held in Abu Dhabi from 18-21 January 2010I, say that to win future energy battle, there is more need for investments, innovation in technology, innovation in business looking for profits for longer periods, innovation in policy and legislation, academic and commercial partnerships and access of researchers to funds and industry partnership.
There is a strong correlation between investment in research and development and GDP productivity, according to Dr. Tariq Ali, Vice President of Research & Industry Relations at Masdar Institute of Science and Technology, who highlighted the United States as a specific example, saying that university inventions contribute $20 billion and 150,000 jobs to the U.S. economy each year.
Research and development of new technologies lead to less consumption in energy, cheaper energy and less emission of gases and so good business. Tariq Ali gave an example about a new technology ‘radiant cooling’ which would result in a 70% reduction in the annual Abu Dhabi electricity load and would reduce CO2 emissions by two million tons.
As another expert, Professor Daniel Kammen, Director of the Renewable & Appropriate Energy Lab at UC Berkeley, put it: We are facing a battle of ‘tipping points’ who continued on to say that developing innovative technical and social ‘tipping points’ is vital in competing with the potential negative climate ‘tipping points’. He highlighted energy ‘systems research’ as being largely neglected yet vital.
There is a strong correlation between investment in research and development and GDP productivity, according to Dr. Tariq Ali, Vice President of Research & Industry Relations at Masdar Institute of Science and Technology, who highlighted the United States as a specific example, saying that university inventions contribute $20 billion and 150,000 jobs to the U.S. economy each year.
Research and development of new technologies lead to less consumption in energy, cheaper energy and less emission of gases and so good business. Tariq Ali gave an example about a new technology ‘radiant cooling’ which would result in a 70% reduction in the annual Abu Dhabi electricity load and would reduce CO2 emissions by two million tons.
As another expert, Professor Daniel Kammen, Director of the Renewable & Appropriate Energy Lab at UC Berkeley, put it: We are facing a battle of ‘tipping points’ who continued on to say that developing innovative technical and social ‘tipping points’ is vital in competing with the potential negative climate ‘tipping points’. He highlighted energy ‘systems research’ as being largely neglected yet vital.
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