Innovation Drives Policy Drives Innovation. But No Chicken or Egg Without a Benefactor
Especially amidst a generational recession, with VC funds drying up, the federal government's investment in clean energy (the $11 billion in the stimulus package, and more!) has made it the number one player in the energy economy of the future for the US. If they have their druthers - Beijing may have something to say about it - Washington will become the global center of clean tech innovation as global finances recover and we emerge into a leaner, greener economy. Of course, that is a policy strategy. Policy drives innovation. But, innovation drives policy, too. And, in the chicken-and-egg game that grows from there, we have to look back to innovation incentives like the Ansari X-Prize , "a $10 million+ award given to the first team to achieve a specific goal, set by the X PRIZE Foundation, which has the potential to benefit humanity." Reportedly, Washington is paying attention. The feds are investing more and more in the prize game. Examples abound: MIT's Clean Energy Prize awards $200,000 to the team that "makes clean energy more affordable, with a positive impact on the environment," and is co-sponsored by the Department of Energy and NSTAR, the local electric utility. But, all of the technological innovation and Washington stimulus capital in the world do not mean a thing if clean power projects cannot get permits. And, increasingly, they cannot. As major newspapers have editorialized, the battle to prevent Cape Wind has reached previously unseen dimensions. The reasons are multifarious. Permit processes are Byzantine. State, local and federal lines intersect to create further delay. And, there is ultimately no single final authority that can definitively permit a new energy facility and all of the infrastructure it needs to deliver clean energy. Policy reform would help a lot. We need a rethinking of the ways in which land use and energy production/consumption interact. Some good old fashioned innovation would not hurt either. In that vein, the Network of Community Relations Professionals at LinkedIn is seeking nominations for their own INNOVATOR Award, to recognize industry leaders who are revolutionizing the way that communities are engaged to support energy infrastructure. While an X-Prize might be out of reach, nominations for the CR INNOVATOR award are still open, and if Washington keeps heading in this new direction, there will be no shortage of awards out there for the renewable energy industry's most innovative companies and individuals. The information and views expressed in this blog post are solely those of the author and not necessarily those of RenewableEnergyWorld.com or the companies that advertise on this Web site and other publications. This blog was posted directly by the author and was not reviewed for accuracy, spelling or grammar.
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