of low-carbon energy innovation. These include both improvements in physical capital, such as smart grids to aid … document recent trends in energy innovation and discuss the lessons learnt for policy. We then discuss the potential role for … complementary innovation in both physical capital--using smart grids as an example of how policy can help--and human capital, where …

externalities but also by innovation market failures. This paper maps the economics literature on innovation market failures and …

reduces carbon emissions by inducing substitution away from coal. Yet, the natural gas boom discourages innovation directed at …

If further decarbonization of electricity systems is to continue, a next generation of innovation in transformative … determinants of innovation in this sector to glean insights on how government may support the development and deployment of these … technologies. We argue that policies that were successful at supporting the first wave of renewables innovation may not be …

increase mirroring the social cost of carbon. We find that the induced clean innovation response primarily comes from existing …