Venture Capital’s Role in Clean Energy Innovation
Solving the clean energy crisis in the United States will require the commercialization of a plethora of new technologies. However, commercializing a new technology is a difficult endeavor, and many potentially breakthrough technologies languish due to lack of investment. Venture capital has increasingly become an integral funding source for clean energy startups, helping to guide technologies from the laboratory to the market. Yet, the level of capital required for clean energy demonstration projects has proven to be a dilemma that the private sector cannot sufficiently address, implying the need for significant government support.
