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December 1, 2006

Forecast: U.S. Renewable Energy to Hit 700 GW

Leading experts predict that policy goal of 25% renewable production capacity by 2025 could potentially double.
by Jim Callihan, RenewableEnergyAccess.com
Washington, DC [RenewableEnergyAccess.com]

The U.S. renewable energy industry collectively tallied its future deliverable energy capacity at 550 to 700 gigawatts (GW) in Washington, DC yesterday. At such a GW-production rate, the U.S. could produce, at a minimum, 25% of the country's electrical energy requirement with renewable energy by 2025.

"The industry panel identified 550GW - 700GW of renewable energy potential that can be built within the next 10-20 years -- even at a 50% discount -- this makes the "25X25" proposal feasible, reasonable, and doable."

-- Michael Eckhart, ACORE, President

According to Michael Eckhart, American Council on Renewable Energy (ACORE) president whose organization hosted the 5th annual national policy conference "Renewable Energy in America: Phase II Market Forecasts and Policy Requirements" in DC yesterday, this is the first time a panel of renewable energy experts has assembled such a combined production capacity forecast.

"We have today put real numbers on America's renewable energy future that we have for years felt in our gut," said Eckhart. "This is a huge tipping point that will guide the public policy support required for renewable energy to help lower CO2 emissions and reduce our nation's dependence on foreign fossil fuels."

"There is a convergence of issues and opportunities that make this a perfect time to let mainstream America and our policy leaders know we are here to help -- 'here is what renewable can provide capacity-wise and here are the policies that will lead to solutions,'" he said.

"The industry panel identified 550GW - 700GW of renewable energy potential that can be built within the next 10-20 years -- even at a 50% discount -- this makes the "25X25" proposal feasible, reasonable, and doable," added Eckhart.

The 25X25 is a popularly touted policy goal of 25% renewable production by 2025, yet the estimate coming from the conference could potentially double that production. Eckhart noted these new estimates would help to galvanize the renewable energy community in proposing its policy recommendations to Congressional leaders, many newly elected by mandate to change, among other things, the way energy is produced in America for both the near and long term future.

Phase II, the fifth policy conference sponsored by ACORE and held annually in Washington, attracted 450 renewable energy policy, financial and technology leaders. In a full day of presentations by industry leaders from many disciplines, the capacity estimate made by the panel comprised of renewable energy industry organizational leaders, was but one of the conference highlights.

Following a moving keynote address, Thomas Freidman, a New York Times columnist and author of "The World is Flat", left the podium to a rousing standing ovation for delivering a poignant message for a new energy future and energy's role in the Iraq war. Equally eloquent as his best-selling writing, Freidman peppered his talk with such positive language as "Green is the new red, white and blue" and "Energy independence is the moonshot of our generation".

But Freidman wasted no time on Capitol Hill being critical of the Bush administration's role in the war and its connection to a lack of a comprehensive energy policy.

"It makes no sense," said Freidman. "We are financing both sides of the war," referring to the purchase of oil by the U.S. as a funding mechanism for our enemies and also paying for our own military operations.

Jim Callihan is the president of RenewableEnergyAccess.com
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Reader Comments (5)
 
No image available
December 1, 2006
25X25 is good enough for a pig's sty but not enough for our country. Southern Californina is not renewing its coal thermal contracts by the year 2027 so what does that tell you.

California, California, isle of amazons and gold,
You received your name and earned your fame from history, behold,
Califia Queen so black and mean who ruled the fabled land,
Or "cala" hot and "forna" pot translations that would stand,
"Caliph" the name he was to blame for Charlemagne's defeat,
A memory in history they wished not to repeat.

California, California you are striking out ahead,
Contract breaking undertaking to be certain coal is dead,
Wind and waves the new path paves you seek to energize your state,
Geothermal will be normal there is no cause to debate,
Taking power every hour from the land and sea and air,
No more burning you are turning leading forward, showing care.

adrianakau@aol.com
Comment 1 of 5
No image available
December 6, 2006
I've encountered Friedman before, when he lied
in the pages of the unreliable NY Times, claiming
that GM only built gas hogs, at a time when GM
had twice as many vehicles getting more than 30
MPG than his beloved Toyota, and was putting the
finishing touches on a more advanced hybrid
technology than Toyota, and had transformed their
fuel cell development car into an all-electric.
If Friedman isn't already on the Toyota payroll,
he should be. Having publicly displayed his
ignorance about the automotive world, he's now
displaying his ignorance about terrorism. He somehow
has acquired the bizarre belief that if the world
stops buying oil, it will be their doom.
I've got news for Tommy : those killers are not
motivated by, and will continue killing with or
without oil money. How anyone can observe their
behavior and not understand this is simply not
acceptable.
Comment 2 of 5
No image available
December 6, 2006
Comment #2 (continuing...) Couple that with increasing costs for coal and petroleum feedstocks over time, compared to the wind continuing to blow for free (until the government figures out how to tax it, like the Minerals Management Service is doing to offshore wind) and we may see whole new paradigms of cost- and energy-efficiencies. One major thing holding utility companies back is the enormous investment in the existing wire grid infrastructure. We need to figure creative ways to address that issue, like cellphones did for the telephone industry.
Comment 3 of 5
No image available
December 6, 2006
Comment #1: It just takes enough inertia to show that new forms of energy production and distribution using renewables are not only economically viable, but in fact profitable. When a utility company or other major private sector power supplier/broker compares the cost of equipping a coal-burning plant with required combustion management devices to meet environmental regulations, against the cost of putting up and maintaining a couple of large-scale wind turbine arrays to produce the same power, traditional power generation biasses may change. (see # 2)
Comment 4 of 5
No image available
December 6, 2006
It would be interesting to know what percentage of the 550GW to 700GW will be solar, wind or other. We put these predictions on a graph and from where the US is today, Solar can do it's part if the growth is a steady 39% to 41% per year. Since solar has been exceeding these numbers, we think the goal is attainable.

John Pfeifer
Apollo Solar
Comment 5 of 5
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