BOULDER “The vast majority of the technologies we need to decarbonize our economy … are already invented,” U.S. Department of Energy Loan Program executive director Jigar Shah said Friday during a webinar on clean-energy technology hosted by the University of Colorado Boulder.
The major challenge in rolling this technology out in such a way that it makes a significant impact on climate change lies not in research and development, but in deployment at scale, he said.
Clean-tech players are often hesitant to go to market with new technology until it becomes less expensive to deploy, but that “cost reduction comes simply from deployment,” Shah said.