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Content archived on 2024-05-27

Innovation for Climate chAnge mitigation: a study of energy R&d, its Uncertain effectiveness and Spillovers

Objective

Much has been said on how to reduce current anthropogenic emissions with the aid of a portfolio of existing technologies. However, stabilization of atmospheric concentrations of greenhouse gasses to a safe level requires that over time net emissions fall to zero. There is only one way that this can be achieved in a manner that is acceptable to the majority of the world's citizens: through some kind of technological revolution. To bring about such an innovation breakthrough extensive research and development (R&D) investments will be required. This will be specifically important for Europe, given its leading position in climate negotiations and in the light of the Lisbon Agenda. Technological breakthroughs will have an essential role in tackling the competitiveness issue that has gained great relevance lately in the policy debate. On top of this, technological transfers to Developing Countries could be the turning key to solve the logjam affecting international negotiations.
The current proposal aims at producing an unprecedented analysis of energy-related innovation mechanisms; understanding the role of R&D investments and of inter countries and inter sector spillovers; disentangling the role of public and private R&D investments; incorporating in the analysis the uncertainty that inevitably affects the successfulness of R&D programs; simulating optimal responses using an integrated assessment model. The analysis will make use of empirical analysis of existing databases and will collect new data. Expert elicitation methods will be used in order to better assess technology-specific uncertain effectiveness of R&D programs. Simulation models will be used to produce quantitative grounded results. Summa of the analyses will be projections for optimal public and private energy R&D and energy technologies investment strategies as a product of a cost effectiveness analysis of a stringent climate stabilization target.

Fields of science (EuroSciVoc)

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Keywords

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Topic(s)

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Call for proposal

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ERC-2009-StG
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Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

ERC-SG - ERC Starting Grant

Host institution

FONDAZIONE ENI ENRICO MATTEI
EU contribution
€ 920 000,00
Address
CORSO MAGENTA 63 COMPLESSO IMMOBILIARE LE STELLINE
20123 Milano
Italy

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Region
Nord-Ovest Lombardia Milano
Activity type
Research Organisations
Links
Total cost

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Beneficiaries (1)

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