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Posted In: Editors Picks | R&D Magazine | Global R&D Funding Forecast | Climate Policy | Alternative Fuels & Energy | Conservation | Energy Solutions | Global Climate | Technology | Battelle
By Martin Grueber, Research Leader, Battelle, Cleveland, Ohio and Tim Studt, Editor in Chief, Advantage Business Media
Tuesday, December 22, 2009
Don McConnell, PresidentBattelle Energy Global Business
For example, one of the surveys used as a basis for this R&D funding forecast shows that 60% of the respondents believe concern over global climate change will have a positive impact on research and development investments in the United States. More than 80% of those same respondents believe there will be a budget increase for R&D from U.S. federal agencies during the next year, and 73% think budget increases will continue for the next five years.
Unprecedented levels of innovation in energy technology will be required to solve the world’s energy challenges. That means during the next several decades, massive investments will be needed, and emerging world powers must be accounted for because countries such as India and China will demand more energy and create more energy byproducts.
One of Battelle’s founding principles is to accelerate the delivery of innovative discoveries to the commercial marketplace. Battelle Energy has positioned its resources to reduce the impacts of fossil fuels, manage carbon intensity in energy and industrial processes by transitioning to sustainable operations, optimize the electric grid through intelligent management, hasten the adoption of emerging renewable technologies, and facilitate the re-emergence of nuclear power by improving the nuclear fuel cycle. We also accelerate innovation through our management of major laboratories for government and industry.
Altogether, Battelle is at the forefront of public-private efforts to realize the transformation to a clean global economy essential to the 21st century.
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