U.S. Department of Energy Secretar Steven Chu presentation at COP15, Bella Center, Copenhagen, Denmark on December 14, 2009. Go to http://www.state.gov/video for text transcript and more video.
The Department of Energy is testing a new model for clean energy research and development (R&D) through a program called Cyclotron Road. The goal is to support scientific R&D that is still too risky for private‐sector investment, and too applied for academia.
Participants receive the time, space and capital to pursue their research and the support to find viable pathways to the market. The projects have enormous potential to create enormous economic and social impacts. The program also aims to grow something bigger:
“We’re trying to build a community of the best innovators from across the country who are all working on the hardest problems in energy and climate.” – Sebastien Lounis, Cofounder, Cyclotron Road
Cyclotron Road is sponsored by our office of Energy Efficiency and Renewable Energy and Berkeley Lab, one of our 17 National Laboratories. Watch the video to see how we’re supporting these entrepreneurs today and how their technologies might change the world tomorrow.
Additional footage courtesy of Oak Ridge National Laboratory, Argonne National Laboratory, Lawrence Berkeley National Laboratory, Princeton Plasma Physics Lab, and Pacific Northwest National Laboratory.
http://www.cyclotronroad.org
http://energy.gov/eere/office-energy-efficiency-renewable-energy
http://energy.gov/national-labs
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free market doesn't work that well, that's why
heavy on the buzzwords fam