R&D and public utilities

被引:0
作者
Costello K.W. [1 ]
机构
[1] National Regulatory Research Institute, United States
关键词
Innovation; R&D; Regulatory incentives; Risk-reward relationship; Transformed electric industry; Utility business model;
D O I
10.1016/j.tej.2016.06.001
中图分类号
学科分类号
摘要
Compared to other industries, energy utilities spend an extremely low portion of their revenues on research and development. Since restructuring of the electric and natural gas industries, collaborative research by energy utilities has declined sharply. Yet, collaborative research has been an important part of R&D in the energy utilities industries, with documented benefits to consumers and society at large. Should the incentives be changed to encourage greater R&D spending? © 2016 Elsevier Inc.
引用
收藏
页码:19 / 26
页数:7
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