Double Down on Federal R&D for Breakthrough Energy Technologies
Many breakthrough energy technologies have promise, but they are currently being held back by cost, scalability, and performance hurdles. Significant new federal R&D funding in these areas could accelerate the timeframe for innovators to clear these hurdles.
Our Solutions In Brief
With increased funding, the Department of Energy would be able to explore and invest in several possible breakthrough energy technologies—with the potential to increase our supply of energy and to combat climate change—like carbon capture and storage, energy and battery storage, and next generation and modular nuclear reactors.
264 Billion Barrels
The estimated amount of proven oil reserves in the United States
would be pushed into poverty if household energy costs went up just 10%
Department of Energy funding for R&D and related activities in 2018