The archive

Issue: Energy Innovation, R&D

Energy

Trump Administration to Invest $14 million for Next-Gen EGS

The Department of Energy’s Hydrocarbons and Geothermal Energy Office (HGEO) is allocating $14 million to fund field-testing of next-generation geothermal technologies. According to an announcement on April 14, the Pennsylvania-based enhanced geothermal systems (EGS) pilot project will reuse existing oil and gas infrastructure to test the potential of geothermal energy in the eastern U.S., where resources are less accessible due to the region’s unfavorable geology. 

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Science & Tech

How to Accelerate American Science

Over the holidays this winter, the White House Office of Science and Technology Policy (OSTP) solicited information on how “to accelerate the American scientific enterprise, enable groundbreaking discoveries, and ensure that scientific progress and technological innovation benefit all Americans.” Building on work to accelerate and reform the American scientific enterprise, I offered suggestions for how to effectively direct this effort to improve the function, productivity, vitality, and health of American science. It is a welcome attempt to wrest American science from the grip of malaise that characterizes the status quo. Science is viewed as slowing down, productivity decreasing, and requiring more resources, more grants, and more personnel to achieve tremendous breakthroughs.

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Economics

AI can lower energy bills with data centers that power themselves 

Artificial intelligence may be the future, but the public isn’t convinced it’s the future they want. Even as companies, investors, and the federal government invest heavily in this transformative technology, the American people remain skeptical. A third of Americans are concerned about AI, nearly half think AI will cause “significant job losses,” and less than half think the government will regulate AI well.

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Energy

How to Build Breakthroughs in America Without Subsidies

The Trump administration is making it a mission to restore the manufacturing might of the United States of America. That will have both civilian and military benefits. It’s a challenge, but we know American companies are up to it. Consider just one, NanoGraf Corporation.

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Policy

DOE’s Grant Terminations and the Role of the Government in Energy R&D

Washington’s latest energy-policy controversy centers on the Department of Energy’s (DOE) recent decision to cancel billions of dollars in grants, including subsidies for clean energy and greenhouse-gas-reduction projects. As companies appeal and policymakers debate the validity of these cancellations, it is worth considering the proper role of government in promoting energy innovation.

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Economics

Full Expensing is a Pro-Growth, Pro-Environment Policy

With the crafting of a reconciliation package in full swing, the fate of the Inflation Reduction Act (IRA) hangs in the balance. Much of the discussion in Washington has centered on what will happen to the energy tax credits. In a new paper, we outline how full expensing is a pro-growth, pro-environment policy that doesn’t pick winners and losers. 

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