Collaborative Industrial Technology Innovation for Clean Energy Transition: Bridging the ‘Valley of Death’
This Policy Brief was first published in https://t20ind.org
Technology innovation is essential for clean energy transition globally, including in the G20 economies. The challenge is accelerating multi- stakeholder collaborative Research, Development and Demonstration (RD&D) to advance lab-scale prototypes to commercially demonstrated technologies. This Policy Brief recommends three enablers for large collaborative industrial technology innovation initiatives, which could prove critical to bridging the valley between clean energy research on one side, and ambitious clean energy deployment targets on the other. First, such innovation initiatives must become prominent components in national and international clean energy missions and should include transnational collaboration among G20 regions. Second, there is a need for national guidelines that will outline shared principles for collaborative RD&D. Lastly, investments should be made in pilot- scale manufacturing infrastructures.