Overcoming Impact On Clean Energy Technology Development/Deployment Caused By Fluctuating Fossil Fuel Prices
Research Idea Scope
Scope: Background: Efforts to develop and deploy clean energy, and transportation technologies that use clean energy (e.g., electric power), are impacted by fluctuating fossil fuel prices. Incentives to deploy clean energy that exist when fossil fuel prices are relatively high are undermined when prices decline, creating uncertainties for technology developers and reducing market demand.
Proposal: The proposal would seek to develop and assess the effectiveness of potential legislative, regulatory and market mechanisms to overcome hurdles to clean energy and technology deployment created by fluctuating fossil fuel prices.
Urgency and Payoff
Projects for the electrification of transportation and goods movement are being proposed, also rules and regulations by state and federal agencies and by the SCAQMD are being considered that would affect the deployment and commercialization of clean transportation technologies. The results of this study shoud seek to inform and quantify impacts of legislation on markets for clean energy technologies for transportation.
Joseph Impullitti, South Coast Air Quality Management District