HOST: U.S. Department of State
Universal access to energy cannot be achieved through public or private sector action alone. The two must work together to achieve the scale necessary to bring electricity to the over one billion people who lack it. Public-private partnerships can stimulate technological innovations to overcome energy access barriers. Public funds can be used to de-risk projects and leverage private finance. This session will focus on the U.S. Department of State’s Silicon Valley Clean Energy Tech Challenge, which is creating partnerships to address the global energy access challenge. This discussion will explore how these partnerships are stimulating innovation, finance, and deployment of clean energy systems and services. Additionally, the session will examine the Tech Challenge structure as a model for promoting development in energy access.