Technological innovation can improve productivity across industries and create entirely new ones. This is one among many reasons why economists agree that innovation is a driver of long-term economic growth and stability—and why at least 50 percent of U.S. annual GDP growth can be traced to increases in innovation. Advances in energy technology deserve particular attention since Read more about Energy Innovation: Fueling America’s Economic Engine[…]
Dear Chairmen Cochran and Frelinghuysen and Ranking Members Leahy and Lowey: Over the last decade, energy innovation has transformed our country’s energy story. Dependence and vulnerability have been replaced by abundance and stability. Constructive research and development partnerships between the public and private sectors have been especially important in creating this energy abundance. Federally funded Read more about Letter to Energy and Water Appropriations Subcommittees: Invest in America’s Economic and Energy 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 Read more about The Power of Innovation: Inventing the Future[…]
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 Read more about Business Leaders Call for Energy R&D Investments in New Letter[…]
WHEN: Tuesday, June 20, 2017 3:00 p.m. to 4:30 p.m. ET WHERE: Dirksen Senate Office Building Room 430, 2nd Street NE, Washington, DC, 20002 President Trump’s recent budget proposal for fiscal year 2018 has sparked a conversation about the appropriate federal role in supporting the nation’s innovators. As the congressional appropriations process begins in earnest, Read more about Partners in Ingenuity: Inventing the Future[…]
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 Read more about The Power of Innovation[…]
WHEN: Wednesday, April 5, 2017 10:00 a.m. to 12:00 p.m. ET WHERE: Bipartisan Policy Center, 1225 Eye Street NW, Suite 1000, Washington, DC, 20005 Innovation has been the predominant driver of U.S. economic growth over the last century. With smart federal support for research, advanced energy technologies represent another potentially transformative moment for the American Read more about Partners in Ingenuity: The Power of Innovation[…]
While the private sector plays the dominant role in commercializing new technologies, smart federal investments should seek to address gaps in the innovation process.
AEIC hosted an event to examine the rationale and implications of expanding federal support for energy innovation.
The study quantifies the impact of the Baucus, Camp and Wyden-Coats proposals on the illustrative project economics of different electricity-generation sources.