Advertisement
Advertisement
RD&D
- research, development, and demonstration.
Example Sentences
We can do that through moonshot-style innovation projects: RD+D, policy and public procurement to drive deployment and scale up manufacturing, financing and other measures to bring every needed technology to the “nth of a kind” cost that can outcompete fossil fuels globally.
“Spending on solar RD&D has been low relative to spending on other energy technologies with less long-term potential, it has been variable over time, and it has been too focused on short-term gains rather than long-term reductions in the cost of solar electricity,” the M.I.T. report noted, referring to research, development and demonstration.
So their report proposes asking governments to spend 0.02% of their GDP on internationally co-operative RD&D in renewables; energy storage and smart transmission.
It complains that renewable energy has been starved of investment to a shocking degree, with publicly-funded RD&D on renewable energy only $6 billion a year – under 2% of the total of publicly funded research and development.
RD&D, the research, development, and demonstration on energy is a few billion dollars a year, constant dollars.
Advertisement
Advertisement
Advertisement
Advertisement
Browse