Business Leaders Issue New Recommendations on Federal Energy R&D Funding

Washington, D.C.– Investing in energy innovation can make the United States more globally competitive, increase economic prosperity, and maintain America’s energy leadership position in the world, according to an organization of business leaders in a new report released today. In its report, the American Energy Innovation Council (AEIC), originally founded in 2010 and now comprised[…]

The Power of Innovation: Inventing the Future

Innovation has been the predominant driver of U.S. economic growth over the last century. Scientific and technological innovations have produced new industries and the jobs that accompany them, helped maintain the competitiveness of a growing number of companies that rely on technology to succeed, and ultimately made American lives better. Throughout this history, the federal[…]

Business Leaders Call for Energy R&D Investments in New Letter

With support from AEIC, leading executives from business and industry have delivered a letter to congressional appropriators stressing the importance of investments in energy research and development at the Department of Energy to the nation’s future. Despite long standing, bipartisan support for these programs, they are facing increased scrutiny after the president proposed cuts of[…]

Congress Backs Energy Research in the Omnibus

By Brad Townsend This week, the House and Senate passed an omnibus appropriations bill to fund the government through September 30. While this stopgap funding agreement averts a shutdown in the near term, it sets the stage for discussions on the FY2018 budget to begin in earnest.  This most recent agreement provides much needed resources[…]

Event Summary: The Economic Opportunities of Federal Energy R&D

By Erin Smith The American Energy Innovation Council (AEIC) hosted an event on April 5 to discuss the rationale for investing public dollars in energy innovation. Recognizing that innovation is a driver of long-term economic growth and that the energy sector faces unique hurdles in attracting private research dollars, the event served as an opportunity[…]

Four Leading Executives Join American Energy Innovation Council

Expansion Signals Growing Strength of Energy Innovation Agenda Washington, D.C.– The American Energy Innovation Council (AEIC) today announced that four leading executives have joined the council as principals, including Neal Blue, Chairman and CEO of General Atomics; Mark Burns, President of Gulfstream Aerospace; Anthony F. Earley, Jr., Executive Chair of the Board of PG&E Corporation; Thomas[…]

The Power of Innovation

Download the full report>>> Innovation has been the predominant driver of U.S. economic growth over the last century. Scientific and technological innovation has given birth to new industries and the jobs  that accompany them, helped maintain the competitiveness of a growing number of companies that rely on technology to succeed, and ultimately made American lives[…]

Energy Innovation | By the Numbers

By Brad Townsend  Data overwhelmingly shows that public investment in energy innovation can create jobs, energy savings and security benefits. In fact, smart federal investments in energy research have one of the strongest track records at creating significant economic returns for taxpayers. Declining Investment in Energy Innovation In 2010, the federal commitment to energy research,[…]

Advanced Nuclear Energy: A $100 Billion Opportunity

By Brad Townsend  Innovation has played an outsized role in America’s economic health throughout the last century. Over the last fifty years, science, engineering and technology innovation has supported more than half of the economic growth in the United States, while building a web of innovation institutions that can serve as the foundation for American[…]

Can the US Take Charge in the Global Battery Market?

By Erin Smith Innovation is key to securing America’s security, competitiveness, and prosperity. Breakthroughs in technology have the potential to create entirely new markets and improve the productivity of existing ones, which is why most economists view innovation as a reliable driver of long-term economic growth. Advances in energy technology deserve particular attention because access[…]