Singh co-authors report on clean energy growth rates, highest in industrialized countries
Clean energy innovation and decarbonization efforts will be overwhelmingly concentrated in rapidly industrializing countries, where demand for energy is high and deployment opportunities are broad, says a new report from a group of 12 energy scholars.
High-Energy Innovation evaluates four clean energy technologies – shale gas, carbon capture and storage, nuclear, and solar – and finds that, in all cases, industrializing countries are making significant investments and leveraging international collaborations in order to make energy cleaner, cheaper, and more reliable.
Nearly all of the growth in energy markets and the majority of new energy technologies deployed in the next several decades is projected to occur in the developing world.
“It is [in non-OECD countries] that we should expect to see – and should work hardest to accelerate – energy innovation,” write the authors.
Through a series of detailed maps, High-Energy Innovation charts international energy innovation in shale gas, CCS, nuclear, and solar currently underway.