reducing world dependence on oil in transportation - idc.ac.il · on oil in transportation...
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Reducing World Dependence on Oil in Transportation
Professor Eugene Kandell
Head of the National Economic Council
Prime Minister’s office
Herzliya Conference
08.02.2011
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Strategic7 of 9 biggest oil exporters have a non
democratic regime
EconomicOil price increase hurts global growth
EnviromentalThe source of 40% of GHG emissions is oil
Consequences of oil dependence
Most global oil dependence is due to transportation
600 million new cars will be sold by 2020.
Lack of long term vision
Investment in oil alternatives depends on oil price
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World Energy RD&D (million US$, 2008 prices) and oil price (annual average, 2008 prices)
TOTAL ENERGY RD&D Oil price, Inflation adjustedSource: IEA, Israeli institute for economic planning
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Oil Substitutes for Transportation
Bio FuelsEngine
Technologies
Synthetic Fuels
Electric Cars and Fuel Cells
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Advanced research in relevant scientific fields
Over 50 serious research groups
Business activity and investments in the field
200 M$ already invested in 60 companies and start-ups
Existing Industrial clusters enable establishment of the field
Agriculture and BioTechnolgy
Chemistry and Chemical Engineering.
Software and Electronics
Defence industry
Israel has significant capabilities
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Goal:
Israel as a center of industry and research, a leader in development of technologies that reduce world dependence on oil for transportation, and their worldwide implementation
Main principles:
Certainty: assuring continuity and stability of support for 10 years.
Cooperation: on the international, business and academic levels for maximum leverage of government resources and for the focus of worldwide attention
Allow private initiative to choose technological path
The National program
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Partners:
Ministries of Industry and Commerce, Treasury, National Infrastructure, Transport, Environment, Interior, Vatat and ISF.
5 year Mission:
To double the number of Israeli companies from 50 to 100, 20 of them with significant global sales
To double the number of researchers In Israel
World class “Excellence centers”
Breakthrough pilots and beta-sites
Full Scale solutions
The National program
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The National program
Basic Research Industrial R&D Pilot Scale Up
Excellence Centers, Grants, Certainty
Venture Capital Co-Investment and incentives
One Stop Shop for Companies
Beta Site Project Funding
Designated Program Manager,International Cooperation
Thank you