Bill Gates says these emerging energy technologies are investment-worthy
Summary
Bill Gates argues for a diversified investment strategy involving both public and private funding to develop emerging energy technologies. He highlights improved batteries, solar fuels, traveling wave reactors for nuclear power, and high-voltage direct current lines for power grids as key areas for potential breakthroughs to achieve a clean-energy future.
Key insights
- Four specific emerging energy technologies are identified as investment-worthy: improved batteries to scale wind and solar; solar fuels for aviation and shipping created by splitting water and combining hydrogen with carbon dioxide; traveling wave reactors (TWR) that use depleted uranium to make nuclear power safer and cheaper; and high-voltage direct current lines for more efficient long-distance electricity transmission.
- The development of these technologies requires a dual-funding model where government funding allows for the testing of bold ideas and private investors scale those innovations for the marketplace. This is exemplified by the 2015 commitment by over 20 countries and the EU to double energy R&D investments by 2020, and the launch of Breakthrough Energy Ventures in December 2016, which aims to invest over $1 billion in clean energy advances.
Cite the original document
- APA
- Gates, B. (2017). Bill Gates says these emerging energy technologies are investment-worthy. World Economic Forum. https://www.weforum.org/stories/energy-transition/bill-gates-says-these-are-the-biggest-bets-in-energy-investing/
- Chicago
- Gates, Bill. Bill Gates says these emerging energy technologies are investment-worthy. World Economic Forum, 2017. https://www.weforum.org/stories/energy-transition/bill-gates-says-these-are-the-biggest-bets-in-energy-investing/.
- Wikipedia
- {{cite press release |last1=Gates |first1=Bill |title=Bill Gates says these emerging energy technologies are investment-worthy |publisher=World Economic Forum |date=13 September 2017 |url=https://www.weforum.org/stories/energy-transition/bill-gates-says-these-are-the-biggest-bets-in-energy-investing/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{gates2017bill, author = {Gates, Bill}, title = {{Bill Gates says these emerging energy technologies are investment-worthy}}, publisher = {World Economic Forum}, year = {2017}, month = sep, url = {https://www.weforum.org/stories/energy-transition/bill-gates-says-these-are-the-biggest-bets-in-energy-investing/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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