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Professor of Public Policy
Georgia Institute of Technology
In his 2011 State of the Union address, President Obama proposed a Clean Energy Standard (CES) requiring that 80 percent of the nation’s electricity come from clean energy resources by 2035. Over the past decade, Congress has debated renewable electricity standards, typically allowing energy efficiency to meet a portion of the target. For example, in 2009, an RES was included in the American Clean Energy Leadership Act of 2009, requiring 15% renewables by 2021, and 27% of this target could be met by energy efficiency. What happened to energy efficiency in the President’s proposal? A well-designed CES policy would enable… [more]
View InsightThe New York Times recently published an article outlining the role of energy storage in facilitating increased adoption of renewable energy. The article highlights two companies – SolarReserve and BrightSource – that will open and operate solar thermal storage plants over the next several years. These plants will use the daytime sun to heat water and salt. The latent heat will then be used to power traditional electric turbines after the sun has set. The Energy Storage Council lists the following among the uses of energy storage: Enabling “renewables, solar or wind, to store energy generated during off-peak hours for… [more]
View InsightThe production tax credit (PTC) for wind energy is currently set to expire December 31st, 2012. The credit is currently 2.2¢ per kWh created by wind. The average price of electricity nationwide is 11¢ per kWh. A study released recently by the American Wind Energy Association (AWEA) states that without an immediate PTC program extension, wind energy “jobs will drop by nearly half, from 78,000 in 2012 to 41,000 in 2013.” According to the report, an extension of the program through 2016 could create nearly 17,000 wind industry jobs. Denise Bode, AWEA’s CEO, has stated that “these jobs could vanish if Congress allows… [more]
View InsightExxonMobil recently released its 2012 Outlook for Energy: A View to 2040, a report forecasting energy trends out for the next several decades. Among the projections highlighted in ExxonMobil’s announcement: “Global energy demand is expected to rise by about 30 percent from 2010 to 2040, [but] demand growth would be approximately four times that amount without projected gains in efficiency.” “ExxonMobil sees advanced hybrid vehicles accounting for 50 percent of the cars people will drive in 2040, compared to about 1 percent today. This, plus improved fuel economy in conventional vehicles, will cause demand for energy for personal vehicles to… [more]
View InsightProgram Manager
CLASP
The high-profile and controversial collapse of Solyndra and Beacon Power has led critics to question the integrity and merit of DOE’s loan guarantee program. Energy Secretary Steven Chu was asked to respond to these criticisms before a House Energy and Commerce subcommittee on 11/17/11. Rep. Stearns (R-FL), chairman of the subcommittee, said “it is readily apparent that senior officials in the administration put politics before the stewardship of taxpayer dollars” [NYT]. Dr. Chu denied this, arguing that a tough global market was to blame, that struggling loan recipients “got caught in a very, very bad tsunami.” He defended the value… [more]
View InsightNote: Synopsis drawn from the report. Synopsis intended solely for the purpose of generating discussion. Blueprint for a Secure Energy Future by the Obama Administration Demand for oil in countries like China and India is growing, and the price of oil will continue to rise with it. We need to make America more secure and control our energy future by harnessing all of the resources that we have available and embracing a diverse energy portfolio. Beyond our efforts to reduce our dependence on oil, we must focus on expanding cleaner sources of electricity, including renewables like wind and solar, as… [more]
View InsightNote: Synopsis adapted by OurEnergyPolicy.org from APS press materials and report’s executive summary. Synopsis intended solely for purposes of generating discussion. Integrating Renewable Electricity on the Grid By the American Physical Society Panel on Public Affairs The United States has ample renewable energy resources. Land-based wind, the most readily available for development, totals more than 8000 GW of potential capacity. The capacity of concentrating solar power is nearly 7000 GW in seven southwestern states. To date, 30 states plus the District of Columbia have established Renewable Portfolio Standards (RPS) to require a minimum share of electrical generation produced by renewable… [more]
View InsightNote: Synopsis based on OurEnergyPolicy.org review. Synopsis intended solely for purposes of generating discussion. How a Limited and Direct Approach to Energy Innovation Can Deliver Clean, Cheap Energy, Economic Productivity and National Prosperity By Steven F. Hayward, American Enterprise Institute Mark Muro, Brookings Institution Ted Nordhaus and Michael Shellenberger, Breakthrough Institute Fossil fuels have undeniably been critical to American prosperity and development, but we can gradually move toward cleaner, healthier, and safer energy sources. Our goal today should be to make new clean energy sources much cheaper so they can steadily displace fossil fuels. If we structure this transition correctly,… [more]
View InsightNote: Synopsis based U.S. DOE summary provided to OurEnergyPolicy.org. Complete text US DOE Mission and Goals The mission of the Department of Energy is to ensure America’s security and prosperity by addressing its energy, environmental, and nuclear challenges through transformative science and technology solutions. Goal 1: Catalyze the timely, material, and efficient transformation of the nation’s energy system and secure U.S. leadership in clean energy technologies. Goal 2: Maintain a vibrant U.S. effort in science and engineering as a cornerstone of our economic prosperity with clear leadership in strategic areas. Goal 3: Enhance nuclear security through defense, nonproliferation, and environmental… [more]
View InsightNote: Synopsis based on OurEnergyPolicy.org review of Congressional committee and office summaries, third party analyses, and media summaries. Synopsis intended solely for the purposes of generating discussion. Federal Energy Planning Would require a new comprehensive Federal energy plan one year into each new Presidential term. Emergent Energy Technology Investment Would establish the Clean Energy Deployment Administration to facilitate financing for clean energy technologies and expand the U.S. market for such technologies. Would establish a 4-year integrated plan to double the U.S. investment in energy innovation and technology, to a total of almost $6.6 billion, with a complementary set of programs… [more]
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