What is common to the development path of shale oil, solar power, nuclear fuel and natural gas? “All of them were put on the path of growth by government research support, instead of depending on market forces,” points out Prof Michael Grubb.
New energy technology needs disproportionate government support before they are up and running, says Grubb, Research Director and Professor of Energy and Climate Change at University College London, Institute of Sustainable Resources and Energy Institute. He made the comments in Delhi recently, in a lecture on Energy Revolution. India would seem to be an outlier in that respect,