Portfolio evaluation of advanced coal technology : research, development, and demonstration

This paper evaluates the advanced coal technology research, development and demonstration programs at the U.S. Department of Energy since the 1970s. The evaluation is conducted from a portfolio point of view and derives implications for future program design and implementation. The evaluation framework consists of four categories of criteria that assess the portfolio from strategy, diversity, partnership, and project merit points of view. The analysis of the successes and the failures of the past programs in technical, financial and managerial respects shows that these programs are reasonably successful in (1) remarkably advancing coal technologies to enable the U.S. to use coal as its major energy resource in the electricity sector when facing more stringent environmental regulation or possibly even in a greenhouse gas constrained world; (2)accumulating effective program management experience, especially involving industry in technology development from the beginning of the process to facilitate future deployment. Among these successes, a number of important features incorporated in the CCTDP are especially worth noting. These features are: (1) The program goal was well defined, which was accelerating commercialization of ACTs;

Department dc:contributor.department

Massachusetts Institute of Technology. Engineering Systems Division

Grantor dc:publisher

Massachusetts Institute of Technology

Year dc:date.issued

2005

Author dc:creator

• Naga-Jones, Ayaka

Advisor dc:contributor.advisor

• Ernest J. Moniz.

• Technology and Policy Program.

Statement dc:rights

• M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission.

Licence dc:rights.uri

• http://dspace.mit.edu/handle/1721.1/7582

Language dc:language.iso

eng

Handle dc:identifier.uri

http://hdl.handle.net/1721.1/34539

OAI identifier oai:identifier

oai:dspace.mit.edu:1721.1/34539