Lecture 9: Innovation Policy & Energy Sector Flashcards
critical enabling conditions
finance and investment
policy instrumentation
institutional capacity
governance
behaviour change
technological support
institutional capacity
needed globally in e.g. overnment, companies, communities and banks
poilcy instrumentation
including de-risking investment
Carbon Dioxide Removal (CDR) options considered –> natural
afforestation and reforestation
Carbon Dioxide Removal (CDR) options considered –> natural and technological
bio-energy and co2 capture and storage
Afforestation
the establishment of a forest or stand of trees (forestation) in an area where there was no recent tree cover
reforestation
natural or intentional restocking of existing forests and woodlands (forestation) that have been depleted
SDG’s
sustainable development goals
Climate change and SDGs
- measures to adapt to climate change and reduce emissions –> benefits for SDGs
- actions can be supported by national and sub-national authorities, civil society etc.
energy poverty
occurs when energy bills represent a high percentage of consumers’ income, or when they must reduce their household’s energy consumption to a degree that negatively impacts their health and well-being
Energy security
national security issue
why are fossil fuels finite
dependence and reliability of foreign suppliers
affordability
reliability infrastructure
related issues to energy security
Electricity markets (privatised power sector)
Geopolitics
(in EU): Further collaboration? One voice against Russia?
(in many developing countries): “resource curse
regional innovation systems
Import of technology and knowledge from other countries
sectoral innovation systems
In a single country, an innovation system can work just fine in the one sector but poorly in another
