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Country Book and Member Highlights

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Country Book and Member Highlights 6 June 2017 Table of Contents Introduction .................................................................................................................................................. 1 Summary ....................................................................................................................................................... 2 Overview of Mission Innovation Focus Areas by Country..................................................................... 2 Baseline Investment for Mission Innovation Clean Energy R&D .......................................................... 3 Australia ........................................................................................................................................................ 4 Brazil ............................................................................................................................................................ 14 Canada ........................................................................................................................................................ 17 Chile ............................................................................................................................................................ 24 China ........................................................................................................................................................... 31 Denmark ...................................................................................................................................................... 34 European Union .......................................................................................................................................... 38 Finland ......................................................................................................................................................... 48 France.......................................................................................................................................................... 52 Germany ...................................................................................................................................................... 58 India ............................................................................................................................................................ 63 Indonesia ..................................................................................................................................................... 72 Italy ............................................................................................................................................................. 85 Japan ........................................................................................................................................................... 90 Kingdom of Saudi Arabia ............................................................................................................................. 93 Mexico ......................................................................................................................................................... 96 Netherlands............................................................................................................................................... 102 Norway ...................................................................................................................................................... 107 Republic of Korea ...................................................................................................................................... 114 Sweden ...................................................................................................................................................... 123 United Arab Emirates ................................................................................................................................ 129 United Kingdom ......................................................................................................................................... 133 United States ............................................................................................................................................. 135 i 6 June 2017 INTRODUCTION Mission Innovation (MI) Members1 agreed to provide information on strategies and plans for their respective governmental and/or state-directed clean energy research and development investment over five years. New investments are focused on transformational clean energy technology innovations that can be scaled to varying economic and energy market conditions that exist in participating countries and in the broader world. Information sharing promotes transparency and integrity. It allows for broad stakeholder engagement, gives rise to opportunities for collaboration, and can inspire and inform investment decisions by the private sector. Accordingly, MI Members have shared narratives describing the nature of its clean energy research, development, and demonstration (RD&D) investments; current strategies, priorities, and needs; Mission Innovation funding and progress; and plans for future growth. MI Members initially submitted narrative and funding information prior to the Inaugural MI Ministerial in June 2016. MI Members submitted updated information in November 2016—at the one year anniversary of the MI launch in Paris—and then prior to the Second MI Ministerial in June 2017. The updated information provides recent developments in Mission Innovation plans, funding, and activities. This document provides a compilation of the most recent information that has been submitted by each of the 23 MI Members. In addition to promoting transparency and integrity, it is hoped that the information shared in the document will facilitate collaboration among Members and encourage further private sector engagement. 1 Mission Innovation Members, as of 6 June 2017, include 22 countries and the European Commission on behalf of the European Union. A complete list is provided at http://mission-innovation.net/countries/. 1 6 June 2017 SUMMARY OVERVIEW OF MISSION INNOVATION FOCUS AREAS BY COUNTRY 2 6 June 2017 BASELINE INVESTMENT FOR MISSION INNOVATION CLEAN ENERGY R&D 3 Australia 6 June 2017 AUSTRALIA Narrative The Australian Government is committed to addressing climate change while at that same time ensuring we maintain energy security and affordability. Australia recognises that supporting the development, demonstration and deployment of clean energy technologies is necessary to transition the world’s energy sector to low emissions over the course of the century. Along with other Mission Innovation members, Australia has pledged to double government clean energy research and development expenditure by 2020 while encouraging greater levels of private sector investment in transformative clean energy technologies. Australian Policy Context The Australian Government has ratified the Paris Agreement and set a target of reducing emissions by 26 to 28 per cent below 2005 levels by 2030. This target amounts to a halving of per capita emissions and a two thirds reduction in emissions intensity of economic activity. It is among the strongest targets of major economies on that basis. In announcing Australia’s 2030 target, the Government committed to review its climate change policies during 2017. The review aims to ensure policies remain effective in achieving Australia’s 2030 target and Paris Agreement commitments. The review has commenced and will conclude by the end of 2017. The 2017 climate change review is monitoring and being informed by other work which have been ongoing over the course of the last year: The CSIRO’s Low Emissions Technology Roadmap for Australia will make recommendations on Australia’s future clean energy research and development opportunities, including where to focus domestic research and to collaborate internationally to deliver clean energy solutions for Australia. In addition, Australia’s Chief Scientist Dr. Alan Finkel is conducting an independent review into the security and reliability of the National Electricity Market, and will provide advice to the Council of Australian Governments on a coordinated, national reform blueprint. Clean Energy Innovation Support Australia has a set of targeted government programmes working together to support research and development and to help emerging technologies to make the transition from demonstration to commercial implementation. Research and development grants are provided by the Australian Renewable Energy Agency (ARENA), the Australian Research Council, CSIRO and universities. Seed funding for emerging technology is provided by the Clean Energy Innovation Fund and ARENA. 4 Australia 6 June 2017 Projects near commercial deployment can access debt and equity from the Clean Energy Finance Corporation (CEFC). Emissions reduction policies, such as the Renewable Energy Target and Emission Reduction Fund, help to pull innovations through to widespread market diffusion. Figure 1: Australian Government measures across the innovation chain Through policy frameworks and institutions, Australia is making important strides towards achieving our Mission Innovation pledge. In September 2016, the Government reinstated $800 million in funding to the ARENA over five years, commencing from the 2017-18 financial year. This adds to the funding already available for ARENA’s existing projects and pipeline of projects. Altogether,
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