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Executive Summary
Pages 1-8

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From page 1...
... industry to improve energy efficiency, reduce waste, and increase productivity. The IOF strategy is intended to improve OIT-industry partnerships, ensure the relevance of research projects, encourage industry participation, and facilitate the commercialization of developed technologies.
From page 2...
... The committee believes that increasing the number of industry groups can be effective as long as the new industries meet the initial criteria as large users of energy and producers of industrial waste. The committee recommends that OIT continue to apply the established metrics of energy consumption and waste generation in selecting industries for participation in the IOF program.
From page 3...
... Although the committee believes that the IOF strategy will make the OIT program more effective, the effect in terms of OIT's mission of reducing waste and energy consumption cannot yet be assessed. The committee recommends that OIT adhere to the IOF philosophy (i.e., working closely with industry and allowing industry to guide the process and set priorities)
From page 4...
... A key challenge for OIT is to manage crosscutting programs within the IOF framework in a way that will facilitate the development of specific R&D performance goals based on the common needs of several industries. Although there is no simple, self-reinforcing mechanism for identifying promising programs, the committee recommends that OIT follow the approach outlined below to manage crosscutting programs: Develop a consensus among the IOF industries that a certain percentage of R&D funds should be allocated for basic science and the development of crosscutting technologies.
From page 5...
... Because it has no profit motive or profit-making capabilities, OIT or any other government agency cannot fully participate in the commercialization process. A third party must commercialize the technologies developed by OIT, and the committee recommends that OIT only participate directly in commercial insertion programs for the purpose of identifying additional technical hurdles.
From page 6...
... The committee recommends that industry play a substantial role in the management of the entire OIT research portfolio, including IOF-specific and crosscutting programs. Communications OIT has a number of mechanisms for communicating the status and accomplishments of research programs, including technology workshops; technical publications; a detailed information site on the Worldwide Web; a biannual Industrial Energy Efficiency Symposium and Exposition; and the promotion of project solicitations in Commerce Business Daily, through the Worldwide Web, and through the industry associations involved in the IOF program.
From page 7...
... The committee recommends that OIT consider the following metrics as a basis for comparing and selecting projects to support: · potential for energy conservation · costAbenefit ratio (i.e., risk-adjusted return on investment) · consistency with IOF business objectives and technology road maps · commercial potential/market value · potential for use by more than one industrial sector (crosscutting potential)
From page 8...
... . The committee recommends that, as part of the overall project management process, OIT develop a mechanism for the orderly termination of (1)


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