• Energy Drives the Economy

Source: www.brookings.edu/economics/bpea/bpea.aspx

• Extractive Economy vs. Clean Economy

Drilling & Mining

Declining Oil and Mineral Resources

Shrinking Jobs

Prosperity

Extractive

Ideas

New Products &

Services

New Jobs

Prosperity

Clean

• Extractive Economy vs. Clean Economy

Extractive Energy Economy

Plastics, fertilizers, pesticides

Transports all goods (including food) and people, “runs” the global economy

• Extractive Taking from a declining source

• Extractive: Not if, but when….

• Clean Taking from a replenishing source

• Extractive Garbage and waste

• Clean Instead of waste as garbage, waste as “feedstock”

MaterialsEnergy

Product ($)

Non-product (waste)

• Extractive As supplies dwindle, prices rise

Quantity, or supply, decreases

Costs increase

• Clean Increasing returns, not diminishing returns

Ideas

New Products &

Services

New Jobs

Prosperity

Clean

Ideas as “base” for economy means a “sustainable” source; as the base increases, value and opportunity increase

• Extractive Energy Economy vs. Clean Energy Economy

Extractive Energy Economy

Decreasing opportunity

for prosperity for all

Increasing costs and

waste

Diminishing and declining

feedstocks

Clean Energy Economy

Expanded opportunity

for prosperity

for all

Systems-approach for decreasing

waste

Increasing “feedstock” of new ideas

• The Extractive Economy: Huge Potential Threat

• The Clean Economy: Huge Market Opportunity

“Peak Oil” is not a question

of “if” but “when…”

This “gap” can be “filled” by energy efficiency and clean energy solutions

• The Clean Energy Economy

Policies Markets

Reducing

Risk

Mobilizing Capital

Technologies

Source: NREL

Innovations can occur in all three areas: Tech, Policy, & Markets

Clean Energy Economic Growth

• The Clean Energy Economy: Silver Buckshot

Finance

Clean Energy Markets: Megawatts & Negawatts

Generation: How do we create value propositions for increasing CE megawatts?

Distribution: How do we accelerate the flow of CE megawatts through the grid? How do we increase the flow of clean fuels to end users? How do we build the market for clean energy vehicles?

Efficiency: How do we build business models for marketing “negawattage?” How do we retrofit physical infrastructure to optimize energy usage?

• The Clean Energy Economy: Silver Buckshot Part 2

• Wind Energy Career Snapshots

• Abengoa’s PS20 solar plant, the largest commercial solar tower plant in the world.

• Solar Industry Career Trends- Employment

• The Clean Energy Economy: Silver Buckshot Part 3