In order to develop, commercialize, and bring to the market and the widespread introduction of low-carbon technologies that will revolutionize the whole world needed unprecedented in its scope of innovation. In recent years the market of clean energy have grown tremendously. Not only scientists and organizations, but also ordinary citizens have become more serious about energy issues.
One study showed that most Americans are very serious about the rational use of energy . Even the big oil companies are taking certain steps in order to promote environmental protection. In developed countries, you now see now increased investment in renewable energy projects ahead of fossil fuels. However, all this represents only a fraction of the effort required to address the problem of global warming, which implies a radical shift to cleaner fuels in the future.
By saying clean energy, we usually include the conventional renewable energy sources – solar, wind, small hydro, biomass, thermal energy of the ocean, energy, tides and waves, geothermal energy, fuel cells and other related energy storage and conversion technologies. As a result, in developed countries there is a tendency to a complete abandonment of the use of coal. For example, in the United States over the past two years, there has not been a construction of any new coal-fired power. However, the need for integrated innovation in low-carbon technologies is rising.
We need to significantly expand the use of renewable energy sources and to develop environmentally friendly low-carbon technologies such as decarbonized coal, carbon sequestration, ultra-efficient energy production from fossil fuels, fuel cells, bioenergy, and derivatives of genomics, nanotechnology and related areas. In addition, the only policy on clean energy is not sufficient to ensure market development of clean energy on the scale or at the pace required to improve energy security and climate stabilization by 2050.
We need to adopt a more creative approach when implementing new and innovative strategies for the realization of all these opportunities of low carbon technologies. In addition, existing financing and commercializing innovative technologies are failing to deliver these much-needed low-carbon technologies to the market. Only by simultaneously tackling two objectives accelerating the pace of development and deployment of innovative low-carbon technologies and by ensuring their wide financing and commercialization, can we achieve planetary energy transformation.