Posts Tagged ‘Legislative Influences’

Interesting Insights from the Keynote Roundtable at the Renewable Energy Conference

Wednesday, March 11th, 2009

The Keynote Roundtable of the Renewable Energy Conference was a who’s who of the trade associations in each of the renewable energy field domains.

Ms. Denise Bode
CEO
American Wind Energy Association

Mr. Douglas Durante
Executive Director
Clean Fuels Development Coalition

Mr. Karl Gawell
Executive Director
Geothermal Energy Association

Ms. Linda Church-Ciocci
Executive Director
National Hydropower Association

Ms. Julia Hamm
Executive Director
Solar Electric Power Association

Mr. Rhone Resch
President & CEO
Solar Energy Industries Association

Mr. Edwin F. Feo
Partner
Milbank Tweed Hadley & McCloy LLP

It also included the Keynote Speaker -
Mr. Roberto Denis
Senior VP Energy Supply
NV Energy

I captured the insights of the distinguished panel on twitter as it was occurring. They were asked questions by the moderator regarding the state of affairs in each of their respective industries and where they say the biggest challenges are. They opened the discussion up to the audience but didn’t allow for but several questions. The interchange between the panel on issues regarding government policies and the challenges with respect to distribution was interesting and deserved far more treatment than could be accorded in a short hour panel discussion.

What emerged for me was the realization that this field needs very strong coordinating leadership. It left me wondering why there was not representation by the leaders of the Department of Energy on the panel. Coordinating the development and distribution of the renewable energy nationwide is a matter of national security and needs to be guided and controlled by the federal government with innovative, visionary and stringent standards. It cannot and should not be left to each of the renewable energy specialties or the vendors. Yes these folks need a place at the table but they lack the vision of an integrated whole to address the challenges facing nation states for the national security issues with our long term energy policy.

Renewable Energy Keynote Panel Participant - Mr. Edwin F. Feo Partner Milbank Tweed Hadley & McCloy LLP

Renewable Energy Keynote Panel Participant - Mr. Edwin F. Feo Partner Milbank Tweed Hadley & McCloy LLP

You can see the stream of comments on each of the individuals at http://twitter.com/michellecheetah. Their perspectives are interesting. For example: Rhone Resch
President & CEO of Solar Energy Industries Association said that it all it took to become a solar installer was to hang out your shingle. I would recommend that Mr. Resch go try to do just that and see how far he gets with becoming a solar panel installer. It is a bit more complicated and regulated than that (and thank god). Another interesting comment by Mr. Edwin F. Feo, Partner, Milbank Tweed Hadley & McCloy LLP emphasized that the reason why utility companies wanted to adopt renewable energy projects was to justify rate increases so they could improve their profitability. (YES, I knew I was on track with my reasons for wanting to become energy self-sufficient as a way to hedge against utility rate increases). Ms. Linda Church-Ciocci, Executive Director of National Hydropower Association may have provided some of the most educational comments regarding how investment tax credits are more important than production tax credits as if you don’t have capital to even do these projects, you won’t get the benefits of the production tax credits because there won’t be any production. Ms. Denise Bode, the CEO of American Wind Energy Association, pointed out that in the next five years, there are wind power projects that will exceed our current wind energy production by five times. She also stated that America was now the number one producer of wind generated electricity. Mr. Douglas Durante, the Executive Director of the Clean Fuels Development Coalition said his industry was in the process of revising some mistakes they made in policy legislation that was ill conceived at the time. He didn’t further elaborate but counseled his peers on the panel to be more far sighted in their legislative policy making. Mr. Karl Gawell, the Executive Director of the Geothermal Energy Association, pointed out that over half the cost of using geothermal energy was in drilling yet most people focus the investment dollars on creating the production factory. Ms. Julia Hamm, the Executive Director of the Solar Electric Power Association pointed out that Utility companies have large percentage of their workforces near retirement. Her comment left me wondering if the new green jobs be able to meet work requirements of managing the energy needs of the country.

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