Innovation under Uncertainty
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Innovation under Uncertainty

The Future of Carbon-free Energy Technologies

9781782546467 Edward Elgar Publishing
Edited by Valentina Bosetti, Professor, Bocconi University, Fondazione Eni Enrico Mattei and Euro-Mediterranean Centre on Climate Change and Michela Catenacci, Fondazione Eni Enrico Mattei, Italy
Publication Date: 2015 ISBN: 978 1 78254 646 7 Extent: 192 pp
Innovation under Uncertainty presents original research and insights on innovation in carbon-free energy technologies. Valentina Bosetti and Michela Catenacci provide a complete and informative assessment of the current potentials and limits and offer a detailed analysis of what could, or should, be the drivers to support their success and large-scale diffusion. The results provided in this book offer important and concrete insights and recommendations concerning the development and the deployment of more efficient generation technologies, the demand for which will undoubtedly increase alongside the growing concern for environmental issues and global warming.

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Stabilization of atmospheric concentrations of greenhouse gases to safe levels will require, at least in the longer term, some kind of technological revolution. This, in turn, can only be achieved through investments in the research, development and demonstration (RD&D) of carbon-free energy technologies. Innovation under Uncertainty presents original research and insights on the uncertain future of carbon-free energy technologies. The authors, by means of structured interviews with technology experts, portray a probabilistic landscape of future technologies’ costs, potentials and limits to diffusion.

This book collates the results of interviews with more than a hundred and twenty energy technology experts on a wide range of topics, from the impact of public European RD&D investment on the future cost of different low-carbon energy technologies to issues such as technological and diffusion barriers. The results offer important and concrete insights and recommendations concerning the potential role for public expenditure in innovation to bring clean generation technologies to the market.

This unprecedented collection of qualitative and quantitative estimates will be invaluable to academics and policy makers drafting future energy policies, and integrated assessment and energy modelers characterizing the future development of different technological options.
Contributors
Contributors: L. Aleluia, V. Bosetti, M. Bunn, M. Catenacci, L.A. Diaz, G. Fiorese, A. Lee, E. Verdolini,



Contents
Contents:

Acknowledgements

Introduction
Valentina Bosetti, Michela Catenacci, Giulia Fiorese, Elena Verdolini and Laura Aleluia

1. Expert Judgment Elicitation Protocols
Michela Catenacci, Valentina Bosetti, Giulia Fiorese and Elena Verdolini

2. The Future Prospect of PV and CSP Solar Technologies
Valentina Bosetti, Michela Catenacci, Giulia Fiorese and Elena Verdolini

3. The Power of Biomass: Experts Disclose the Potential for Success of Bioenergy Technologies
Giulia Fiorese, Michela Catenacci, Valentina Bosetti and Elena Verdolini

4. Expert Judgments about RD&D and the Future of Nuclear Energy
Laura Anadon Diaz, Valentina Bosetti, Matthew Bunn, Michela Catenacci and Audrey Lee

5. Advanced Biofuels: Future Perspectives from an Expert Elicitation Survey
Giulia Fiorese, Michela Catenacci, Elena Verdolini and Valentina Bosetti

6. Going Electric: Expert Survey on the Future of Battery Technologies for Electric Vehicles
Michela Catenacci, Giulia Fiorese, Elena Verdolini and Valentina Bosetti

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