Recent Developments in Renewable Technologies: R&D Investment in Advanced Biofuels

Posted: 16 Sep 2011

See all articles by Deepak Rajagopal

Deepak Rajagopal

University of California, Berkeley - Energy and Resources Group

Steve Sexton

University of California, Berkeley

Gal Hochman

Rutgers University; University of California, Berkeley

David Zilberman

University of California, Berkeley - Department of Agricultural & Resource Economics

Multiple version iconThere are 2 versions of this paper

Date Written: October 2009

Abstract

Investment in renewable energy, both in research and development and in commercial production, has risen significantly during the current decade. Although a variety of different renewable sources have been targeted for expansion, biomass technologies, especially those for converting biomass to liquid biofuels for transportation, have cornered a large share of the new investments. Cutting-edge knowledge in genomics and biotechnology, process chemistry, and engineering is being applied to produce new types of energy feedstock and process them into novel biofuels. If these investments bear fruit, liquid biofuels have the potential to displace a substantial amount of oil over the next few decades, with limited negative impact on food supply and the natural habitat. Energy-security and food-security constraints and environmental considerations will determine which technologies emerge as winners. The search for new transportation fuels is also giving rise to the development of new paradigms in innovation, commercialization, and regulation.

Suggested Citation

Rajagopal, Deepak and Sexton, Steve and Hochman, Gal and Zilberman, David, Recent Developments in Renewable Technologies: R&D Investment in Advanced Biofuels (October 2009). Annual Review of Resource Economics, Vol. 1, Issue 1, pp. 621-644, 2009. Available at SSRN: https://ssrn.com/abstract=1928368 or http://dx.doi.org/10.1146/annurev.resource.050708.144259

Deepak Rajagopal (Contact Author)

University of California, Berkeley - Energy and Resources Group ( email )

Berkeley, CA 94720
United States

Steve Sexton

University of California, Berkeley ( email )

310 Barrows Hall
Berkeley, CA 94720
United States

Gal Hochman

Rutgers University ( email )

New Jersey
United States
(848) 932-9142 (Phone)

HOME PAGE: http://hochman.rutgers.edu

University of California, Berkeley ( email )

340 Giannini Hall
University of California, Berkeley
Berkeley, CA 94720
United States
(510) 289-0907 (Phone)

HOME PAGE: http://nature.berkeley.edu/~ghochman/

David Zilberman

University of California, Berkeley - Department of Agricultural & Resource Economics ( email )

Berkeley, CA 94720
United States

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