Five Reasons Energy Innovation Matters

1. Decades of federal energy research laid the groundwork for many of the technologies we enjoy today. For example: Lithium-Ion Batteries (LIBs) – DOE grants aided the discovery of low-cost battery materials, enabling LIBs to commercialize, which now power everything from laptops to smart phones. LED Lighting – DOE research produced more efficient and longer-lasting[…]

AEIC: U.S. Must Boost, Not Cut, Energy R&D Investment

Washington, D.C.– American Energy Innovation Council Staff Director Brad Townsend issued the following statement today in response to President Trump’s proposed budget for fiscal year 2019: “Much of America’s current energy boom—in shale oil and gas, renewable energy, and many other areas—can be attributed to federally-funded energy research that the private sector has then relied on to[…]

What’s So Special About ARPA-E?

By Brad Townsend Technological innovation has been at the center of America’s economic competitiveness for the better part of the last 80 years. In the energy sector, federally funded research and development (R&D) programs have served as a foundation on which the private sector has built an impressive track record of innovation, creating jobs, lowering[…]

Podcast: AEIC Welcomes New Principals

BPC’s Associate Director for Energy Innovation, Brad Townsend, welcomes the American Energy Innovation Council’s two newest principals; Dr. Wanda Austin, Former CEO and President of the Aerospace Corporation and Jay Faison, Founder and CEO of the ClearPath Foundation. In this podcast, they discuss what role the federal government plays in driving energy innovation, as well[…]

Inventing the Future: Recapping Our Panel Conversation

By Tomas Green  Overview On June 20, 2017, the American Energy Innovation Council (AEIC) hosted an event on Capitol Hill to release their latest report, “The Power of Innovation: Inventing the Future.” Opening remarks were given by Sen. Lamar Alexander (R-TN) and BPC President Jason Grumet. The event moved into a panel discussion moderated by[…]

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[…]

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[…]