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ACORE Briefing 12 2004

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AMERICAN COUNCIL ON RENEWABLE ENERGY Overview of ACORE Renewable Energy in America Introduction to Phase II www.acore.org : AMERICAN COUNCIL ON RENEWABLE ENERGY Overview of ACORE Renewable Energy in America Introduction to Phase II www.acore.org


ACORE’s Mission and Scope : ACORE’s Mission and Scope Mission: As a 501(c)(3) nonprofit organization, to bring renewable energy into the mainstream of America’s economy and lifestyle through information and communications Three focal points: Trade, Finance and Policy ACORE encompasses all renewable energy options: Solar energy - Biomass energy Wind power - Biofuels Hydropower - Waste fuels Geothermal energy - Ocean energy In all forms: Electricity - End use energy Fuels - Hydrogen With linkages to related areas: Energy efficiency - Economic growth Environmental protection - National security


Slide3 : ACORE’s CONSTITUENCY


Advisory Board : Advisory Board Meeting of the Advisory Board with Board of Directors and Steering Committee, July 10, 2002 James G.P. Dehlsen, CEO, Clipper Windpower, Inc. Christopher Flavin, President, Worldwatch Institute John Geesman, Commissioner, California Energy Commission C. Boyden Gray, Partner, Wilmer, Cutler & Pickering F. Henry (Hank) Habicht, CEO, Global Environment and Technology Foundation and Principal, Capital E Amory Lovins, Chief Executive Officer (Research), Rocky Mountain Institute William McCalpin, Executive Vice President and COO, Rockefeller Brothers Fund Robert C. (Bud) McFarlane, Chairman, Energy and Communication Solutions, Inc. Dan Reicher, Managing Partner, New Energy Capital and former DOE Assistant Secretary for EE/RE Jackson W. Robinson, President, Winslow Management, Inc. William Sheehan, retired President, ABC News Jefferson W. Tester, Meissner Professor of Chemical Engineering, MIT Richard Truly, Director, National Renewable Research Laboratory (NREL) Frank Tugwell, President, Winrock International Carl Weinberg, Weinberg Associates and former Director of PG&E’s Renewable Energy Group R. James Woolsey, Vice President, Booz Allen Hamilton Inc., and former Director of Central Intelligence


Board of Directors and Counsel : Board of Directors and Counsel BOARD OF DIRECTORS: Rob Pratt, Massachusetts RET (Chairman) Roger Ballentine, Green Strategies Howard Berke, Konarka Technologies Linda Church Ciocci, NHA Michael Eckhart, Solar International Lisa Frantzis, Navigant Consulting Bill Holmberg, New Uses Council Charles Linderman, EEI Lew Milford, Clean Energy Group Judy Siegel, Energy Security Group Michael Ware, Black Emerald Capital LEGAL COUNSEL: John E. Mullen, Fredriksen & Byron Mark Riedy, Pillsbury Winthrop Chairman Rob Pratt


ACORE Membership 9-1-2004 : ACORE Membership 9-1-2004 Advance Capital Markets Advanced Alternative Energy Corp. Alliance to Save Energy American Bioenergy Association Arare Venture Arizona Public Service Austin Energy B.O.R. International Baker & McKenzie Bingham McCutchin LLP BP Solar C2HMHill California Power Authority California Energy Commission Canadian Assoc for Renewable Energy Capital E Catalytics, Inc. Chicago Climate Exchange Clark Communications Clean Energy Commercialization Clean Energy Group Clean Energy Incubator CLF Ventures, CLF Cohen & Company Colorado Springs Utilities Crossroads Energy CUNY - Bronx Community College Davenport Finance Company Davis, Joseph & Negley Distributed Energy Financial Group DTE Energy Dunev Capital E3 Consulting Eastern Research Group Edison Electric Institute EIF Group Emergy Energy Company Energy & Environmental Ventures Energy and Security Group Energy Financing, Inc. Energy Innovations Inc. Energy Strategy Associates Environment 2004 EEAF EPRI ERG, LLC Geothermal Energy Association Evergreen Solar, Inc. Firestar Engineering Fredrikson & Byron, P.A. Gas Technology Institute GE Wind Energy Gemstar Group, Inc. Global Energy Network Institute Green Strategies, Inc. Hafslund USA Hawaiian Electric Company, Inc. Homeland Energy Resources Dev. IF, LLC Independent Energy Corporation International Ctr for Sustainable Dev. Interstate Renewable Energy Council KeySpan Energy Konarka Technologies, Inc. Laidlaw Energy Group Inc. Learn On Line, Inc. Mainstay Energy Marathon Capital Marshall Street Management Massachusetts Technology Collaborative McKenzie Bay International Ltd. McToy International Ltd. Midwest Research Institute (MRI) Milbank, Tweed, Hadley & McCloy LLP Morse Associates, Inc. National Grid USA National Hydropower Association Natsource Natus Technologies Corporation Navigant Consulting, Inc. New Alternatives Fund Inc. New Uses Council Next Wave Energy, Inc. Northern Power Systems NRECA Nth Power NYSERDA O2 Diesel Oak Ridge National Laboratory P/V Enterprises Pacific Capital Resources, LLC Pacific Solar Company Page & Associates PennWell Communications Perseus LLC Philadelphia Gear Company Pillsbury Winthrop LLP Power Equipment Associates Power Generating Inc. PowerLight Corp. Price Companies, The Princeton Energy Resources Int’l Puerto Rico Electric Power Authority Renewable Energy Dev. Institute Renewable EnergyAccess.com Rockefeller Brothers Fund RWE Schott Solar Sacramento Municipal Utility District Salt River Project Sandia National Laboratories Sea Breeze Power Corp. Shell Solar SmartPower Connecticut Solar Electric Power Association Solar Energy Industries Association Solar Household Energy Inc. Solar Integrated Technologies Solar International Management, Inc. Solar Outdoor Lighting Inc. (SOL) Solar San Antonio Spheral Solar Power Inc. Sustainable Energy Fund Taylor Recycling Facility LLC Technology Transition Corporation Texas Renewable Energy Industries Assoc U.S. Conference of Mayors U.S. DOE U.S. EPA UPC Wind Partners LLC Vencon Management, Inc. Verdant Power Verde Investment Group LLC We Energies West Penn Power Company 3 Tier Environmental F


ACORE 2nd Annual Conference “Renewable Energy in America” July 8-9, 2003 in Washington DC : ACORE 2nd Annual Conference “Renewable Energy in America” July 8-9, 2003 in Washington DC Deputy Secretary of Energy Kyle McSlarrow National Energy Security Panel Christopher Flavin, Worldwatch Institute EPA Deputy Administrator Linda Fisher Richard Truly, NREL, and Congr. Zack Wamp Sen. Byron Dorgan


ACORE’s Trade Show “Power-Gen Renewable Energy” March 1-3, 2004 in Las Vegas : ACORE’s Trade Show “Power-Gen Renewable Energy” March 1-3, 2004 in Las Vegas Opening Session Exhibit Hall Dan Reicher


ACORE’s Finance Conference “Renewable Energy Finance Forum – Wall Street” June 23-24, 2004 at the Metropolitan Club in New York City : ACORE’s Finance Conference “Renewable Energy Finance Forum – Wall Street” June 23-24, 2004 at the Metropolitan Club in New York City Reception New York energy policy leaders Gov. Bill Richardson, New Mexico Main Conference Hermann Scheer, Germany


Slide10 : Petroleum supply, consumption, and imports, 1970-2025 (million barrels per day) Source: DOE/EIA-0383(2003) Annual Energy Outlook A Question of National Security In all scenarios under current policy, the problem gets worse


A Question of National Responsibility Changes in Atmospheric Concentrations A Thousand Year History : A Question of National Responsibility Changes in Atmospheric Concentrations A Thousand Year History Source: IPCC Third Assessment Report (2001) Source: NREL The facts are unavoidable. If not now, when? If not us, who?


Renewable Energy in America - Regional Resources, Economics and Politics - : Renewable Energy in America - Regional Resources, Economics and Politics - SOLAR ENERGY WIND POWER GEOTHERMAL BIOMASS


Renewable Energy Targets (% of Total Energy, Global and US) How far off is USG Policy from where it needs to be? : Renewable Energy Targets (% of Total Energy, Global and US) How far off is USG Policy from where it needs to be? Sources: NREL and ACORE 15% 55% Climate Change Requirement USG Policy


US Federal Funding of Energy RD&D ($ Billions in 2003 Dollars) : US Federal Funding of Energy RD&D ($ Billions in 2003 Dollars) 1948 – 1972 1973 - 2002 TECHNOLOGY (25 Years) (30 Years) Nuclear $ 24.3 B $ 49.1 B Fossil Fuels $ 5.5 B $ 24.8 B Renewable Energy $ 14.2 B Energy Efficiency $ 11.1 B Total Investment $ 29.8 B $ 99.2 B Source: Congressional Research Service


What Have We Got for the $14 Billion? Phase I Goals Achieved America has Renewable Energy Technology Options : What Have We Got for the $14 Billion? Phase I Goals Achieved America has Renewable Energy Technology Options Renewable Electricity Renewable Fuels


Call for Phase II : Call for Phase II Phase I: “Development” Focus on RD&D Develop Technologies: Wind Solar Hydro Geothermal Ocean Biomass Biofuels Commercialization Method: push Lead: Federal Phase II: “Utilization” Focus on National Needs Implement Solutions: National energy supply National security Environment Climate change Economic growth Investment Jobs Market Adoption Method: pull Lead: State / Federal


ACORE’s Convening Role for 2005 : ACORE’s Convening Role for 2005 “Power-Gen Renewable Energy” Trade show + engineering and applications conference JV with Pennwell Communications March 1-3, 2005 Hilton Hotel, Las Vegas “Renewable Energy Finance Forum – Wall Street” Finance conference JV with Euromoney Inst. Investor June 23-24, 2005 Waldorf Astoria, New York City “Renewable Energy in America – Policies and Programs for Phase II” National policy forum Answers for Phase II September 27-29, 2005 (tentative) Washington DC ACORE’s Organizing Conference, July 2002 Jim Woolsey and Boyden Gray Amory Lovins


2005 Priority – Member Programs : 2005 Priority – Member Programs


Additional Information : Additional Information American Council On Renewable Energy P.O. Box 33518 Washington, DC 20033 Michael Eckhart, President Telephone: 202-429-2030 meckhart@acore.org Jodie Roussell, Senior Associate Telephone: 202-293-1123 roussell@acore.org www.acore.org