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Phase II National Policy Forum Keynotes Included: - Jeff Bingamin, Chairman, U.S. Senate Committee on Energy and Natural Resources
- Carol Browner, Assistant to the President for Energy and Climate Change
- David Sandalow, Assistant Secretary for Policy & International Affairs, DOE
- Jon Wellinghoff, Chairman, FERC
- Cathy Zoi, Assistant Secretary for Energy Efficiency and Renewable Energy, DOE
| | | THURSDAY NOVEMBER 19, 2009 | 6:00 pm-8:00 pm |
Phase II Opening Reception @ Columbus Club in Union Station
(Open to All registrants and Guest) |
FRIDAY NOVEMBER 20, 2009
PHASE II CONFERENCE-Cannon Caucus Room, Cannon House Office Building
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| 7:00 am-8:30 am | Registration and Refreshments |
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| 8:30 am-9:00 am | Welcome and Opening Statements
Mike Eckhart, President, ACORE
John Geesman, Co-Chair, ACORE Board of Directors -Presentation-
Dan Reicher, Director of Climate Change and Energy Initiatives, Google |
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| 9:00 am-9:30 am | Opening Keynote Speech
The Honorable Jeff Bingaman, Chairman, U.S. Senate Committee on Energy and Natural Resources
Carol Browner, Assistant to the President for Energy and Climate Change |
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| 9:30 am-11:00 am | Framing National Policy-Market, Industry, Labor & Finance Perspectives
Roger Ballentine, President Green Strategies
Kathleen McGinty, Founding Partner, Peregrine Technology Partners LLC, & Operating Partner, Element LLC
Cathy Zoi, Assistant Secretary, DOE EERE
David Crane, CEO, NRG
Joseph L. Welch, Chairman, President & CEO, ITC Holdings Corp. -Presentation-
Leo W. Gerard, International President, United Steelworkers Union
Alex Urquhart, President & CEO, GE Energy Financial Services
This session characterized the state of renewable energy today, and sough to define the context for future policy from the perspectives of a utility, supplier of smart grid solutions, labor, and finance. |
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| 11:00 am-11:15 am | Refreshment Break |
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| 11:15 am-12:30 pm | Global Issues and US Competitiveness
John Geesman, Co-Chair, ACORE Board of Directors
Mike Eckhart, President, ACORE
David Sandalow, Assistant Secretary, DOE Policy & International Affairs
John Graham, President, BP Wind Energy -Presentation-
Steen Riisgaard, CEO, Novozymes NS, Denmark -Presentation-
Hermann Scheer, Member, German Bundestag
The renewable energy industry has built up in the U.S. in recent years, but even more so in several other countries such as Germany, Spain, India and China. The U.S, may have led the research and development of renewable energy technologies, but are we building our share of the companies and factories to serve the world markets? What will it take to have the U.S. become a major exporter of renewable energy systems? Also, seen the other way, how can the U.S. promote greater use of renewable energy around the world? This session provided a global perspective on the markets and industry, and also what our government is doing and plans to do in international policy. |
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| 12:30 pm-1:30 pm | Lunch |
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| 1:45 pm-3:00 pm | Financing the Scale-up of Renewable Energy
Dan Reicher, Director of Climate Change and Energy Initiatives, Google
Mike Eckhart, President, ACORE
Jeff Holzschuh, Vice Chairman, Investment Banking Division, Morgan Stanley, -Presentation-
Kevin Parker, Global Head, Deutsche Bank Asset Management -Presentation-
Raymond Wood, Co-Head of Alternative Energy Group, Credit Suisse -Presentation-
Michael D. Ware, Managing Director, Good Energies -Presentation-
Reed Hundt, Co-Chair, Green Bank Coalition -Presentation-
The financing of renewable energy projects in the U.S. reached nearly $20 billion in 2008, and then the financial crisis hit with devastating impact on our market. Tax equity decreased sharply. European lenders withdrew to their home countries. There was and is a shortage of credit. The Stimulus package was put in place quickly, and implemented at remarkable speed, already having impact via RD&D grants and contracts, cash grants in lieu of tax credits, loan guarantees and tax credits for manufacturing facilities. Now, there are proposals pending for a Clean Energy Deployment Agency (CEDA) and a green Bank to continue a strong government role in the financing of the renewable energy marketplace. Key questions are on the table. How much capital will be needed to scale up to 20% by 2020 and 25% by 2025? How much can the capital markets provide? What should be the role of government? This session explored these issues, with several of the leading players in the field today. |
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| 3:00 pm-3:15 pm | Refreshment Break |
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| 3:15 pm-4:30 pm | Finding Common Ground and Getting the US into the Go Mode
Pat Wood, Principal, Wood3 Resources
John Geesman, Co-Chair, ACORE Board of Directors
Andrew Lundquist, Managing Partner, BlueWater Strategies
Hank Habicht, Managing Partner, SAIL Venture Partners
Jon Wellinghoff, Chairman, FERC
Dennis McGinn, Vice Admiral, (U.S. Navy Retired)
The financing of renewable energy projects in the U.S. reached nearly $20 billion in 2008, and then the financial crisis hit with devastating impact on our market. Tax equity decreased sharply. European lenders withdrew to their home countries. There was and is a shortage of credit. The Stimulus package was put in place quickly, and implemented at remarkable speed, already having impact via RD&D grants and contracts, cash grants in lieu of tax credits, loan guarantees and tax credits for manufacturing facilities. Now, there are proposals pending for a Clean Energy Deployment Agency (CEDA) and a green Bank to continue a strong government role in the financing of the renewable energy marketplace. Key questions are on the table. How much capital will be needed to scale up to 20% by 2020 and 25% by 2025? How much can the capital markets provide? What should be the role of government? This session explored these issues, with several of the leading players in the field today. |
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| 4:30 pm-5:00 pm | Summary and Adjournment |
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| 5:30 pm-7:30 pm | Closing Reception-Embassy of Denmark |
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