University of Maryland, College Park
To understand the effects of corporate investments on energy technology innovation
This grant funds a study by scholars at the University of Maryland, College Park and the University of Wisconsin, Madison that will examine the impact of corporate venture capital investments on advancing innovation related to low-carbon and greenhouse gas mitigation technologies. Analyzing a comprehensive dataset of corporate investment in clean energy technology, the i3 Cleantech database, the research team will look at how venture capital investments affect the cost and performance of such technologies. In addition, the analysis will include detailed studies of investment in particular clean energy sectors, including energy storage, transportation, and precision agriculture aimed at capturing carbon dioxide gas from the atmosphere. Data will also be used to improve the representation of private investment in GCAM, an open source model linking climate change, energy systems, and socioeconomic factors.