The existing global infrastructure for energy and the many synthetic products derived from petrochemical feedstocks result from the development of technologies .Through its Research, Development, and Deployment work, OE is pursuing technologies to improve grid reliability, efficiency, flexibility, functionality, and security and making investments and sponsoring demonstrations aimed at bringing new and innovative technologies to maturity and helping them transition to market..Technological development relates to really anything in regards to inventions or innovations. Development is essentially the process that takes a product or idea .The development of technology may draw upon many fields of knowledge, including scientific, engineering, mathematical, linguistic, and historical knowledge, to achieve some practical result. Technology is often a consequence of science and engineering, although technology as a human activity precedes the two fields..Technological change TC , technological development, technological achievement, or technological progress is the overall process of invention, innovation and diffusion of technology or processes. In short, technological change is based on both better and more technology..
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