Public Investments in Energy Technology
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Public Investments in Energy Technology

Michael P. Gallaher, Albert N. Link and Alan C. O’Connor

Escalating energy demand may be the most important issue facing the United States and the world today. There is little disagreement that research and development (R & D) is needed to develop new energy technologies for the future; however, there is less agreement over the specific research agenda to be pursued and how that agenda is funded. This book addresses the social importance of new energy technologies, illustrates policy-relevant applications of evaluation techniques and proposes new perspectives for a US energy investment strategy.
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Chapter 7: Investments in Vehicle Combustion Engine Technologies

Michael P. Gallaher, Albert N. Link and Alan C. O’Connor

Extract

7. Investments in vehicle combustion engine technologies INTRODUCTION DOE has had a history of involvement in vehicle technologies, including being one of the major participants involved in President Clinton’s establishment of the Partnership for a New Generation of Vehicles (PNGV) in 1993. Joining the DOE in this partnership were seven other government agencies (the Departments of Commerce, Defense, Interior, and Transportation; the NSF; NASA; and the EPA); national laboratories; and the Chrysler Corporation, the Ford Motor Company, and General Motors (through the United States Council for Automotive Research). The goals of the PNGV were as follows: (1) to improve national manufacturing competitiveness, (2) to implement commercially viable technologies that increase the fuel efficiency and reduce the emissions from conventional vehicles, and (3) to develop technologies for a new class of vehicles with up to three times the fuel efficiency of 1994 midsize family sedans (80 mpg) while meeting emission standards and without sacrificing performance, affordability, utility, safety, or comfort. (NRC, 2001, p. 146) The Bush Administration modified the PNGV program in 2001 and adopted a new focus through the creation of FreedomCAR in 2003. One emphasis of FreedomCAR was on hydrogen fuel cells (PNGV, 2009). The counterpart to the PNGV for passenger vehicles was the 21st Century Truck Partnership, announced in April 2000. The goals of this government program were to improve fuel efficiency in long-haul trucks, increasing Class 7 and Class 8 highway truck fuel efficiency by 20 per cent, from the current 42 per cent thermal efficiency to...

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