Posts Tagged ‘Chris Brown’

Neil Armstrong on the MoonThis past Friday, July 20, marked the anniversary of Neil Armstrong’s famous moon landing. Before this date in 1969, what we knew of space came from the minds of authors and directors, such as Sir Arthur C. Clarke – one of the most notable sci-fi writers of all time. He, and others like him, portrayed a future with marvelous technologies beyond comprehension. . . or are they?

The “fictional” technology that we see in books, movies and on television (well, even that’s becoming obsolete now, so online?), which we once imagined to be futuristic, is crossing the great divide from fiction to reality at an increasing rate.

In fact, The New York Times recently published an interactive article titled “32 Innovations That Will Change Your Tomorrow”, which highlights future technologies under development, most of which first saw public exposure through a sci-fi outlet. Below are just two examples (check out the article for more):

  • Synthohol, seen on shows such as Star Trek, is an alcohol-like substance that gives you the “buzz” of a drink, without any hangover, and could be turned off by taking a pill which would immediately cancel out any effects. Sounds too good to be true, right? Well, researchers at the Imperial College of London say they are only two to four years away from finalizing just such a product.
  • How about cars that drive themselves? Seen in films such as iRobot and countless others. Wouldn’t it be great to jump in your car and just enjoy the trip, while not worrying about traffic and potential accidents? Well, this isn’t a thing of 2050. Automatic Cruise Control (A.C.C), which monitors surrounding traffic and adjusts your car’s speed, is already on the road. Let’s also not forget automatic breaking features which are now standard on most luxury vehicles. No, this isn’t a self-driving car, but with these advancements already in production, and even more advanced systems being developed, it’s only a matter of time.

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It’s all about Energy

No matter where you look, you’ll see someone talking about energy. Usually, it’s someone within the industry, however, this past week the industry got a ‘soft boost that will hopefully open some Windows, from none other than Bill Gates. “It’s crazy how little we’re funding energy,” said Gates at the ARPA-E energy conference in Washington DC. Gates advocated for more government funding and investments in energy research.

It’s not all fun… ding and games

A critical point in the ongoing debate over energy is whether or not the government should be involved in venture funding. As you can read in my previous posts and hear on just about any news program or debate, the opinions are mixed. Rob Day sums up the argument fairly well in his article on Greentech Media.

Shining Stars… well Shining Sun

The solar industry took another blow this week as Abound Solar, Fisker Solar and SoloPower (all recipients of the DOE loan guarantee) hit setbacks. However, on a brighter note, GE Energy Financial Services* announced this week that they have doubled their investment commitments in the past year to $1.4 billion, with the completion of their latest $100 million solar investment in a 127-megawatt project that will be built in Arizona. Check out some of EFS’s solar investment highlights in this video.

On the conference front:

  • ARPA-E Energy Innovation Summit, Washington DC (2/27-2/29), more info
  • World Water Tech Investment, London (2/28-2/29), more info
  • Infocast 2012 Solar Power Finance & Investment Summit,  San Diego, CA (2/27-3/1), more info

That’s Watts Happening in Energy this week… plug in next week for even more illumination. CJP

* GE Energy Financial Services is a client of CJP Communications.

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Crunching the Numbers

Jewel Samad AFP/Getty Images

The big news this week surrounds President Obama’s proposed budget and the implications for the energy industry. The President’s budget request, again, calls for tax benefits to oil and gas producers to be repealed, the result would be approximately $40 billion in tax revenue through 2012. These repeals are no surprise following January’s State of the Union Address, and considering Exxon and BP’s combined annual profit is more than $65 billion.  The budget also calls for increases in funding to the renewable energy sector, as well as to various nuclear projects ranging from power to weapons. The Wall Street Journal and The New York Times have provided a nice overview of the proposed budget.

The Fierce Winds of Change

As the debate on federal incentives for energy (specifically production tax credits - PTC) continues, several major players have stepped onto the scene in support of extending the PTC for wind power providers. Starbucks, Yahoo!, Nike, Campbell's and Levi, among others, have expressed their support to congress for the policy, according to Forbes. This support opposes the republican and tea party views and comes at a critical time as Congress is currently debating the continuation of the PTC.

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Last Week was CA, This Week it’s NY

Columbia University launched its NYC Energy Consumption Mapping Project, which tracks the energy consumption of every building in NYC. The findings, while not shocking, do have some standout points. Overall, midtown Manhattan consumed the most energy while Brooklyn consumed the least, however, the SW corner of 57th and 9th (a vacant, dilapidated building) had one of the highest ratings possible – Shame! Columbia doesn’t just have their eye on New Yorkers and their energy consumption, they’re keeping watch over several trackers of various environmental concerns, including American’s generation and management of waste.

This Column is About Energy not Waste

Or is it? Who says they can’t be one in the same? This week, Enerkem, a company that turns waste into biofuels, filed for a $125 Million IPO following receipt of conditional $80 million loan guarantee from the government. Enerkem is one in a long line (“long” is relative to the biofuel sector) of companies, such as KiOR, Ceres and Renewable Energy Group, among others, that have or plan to file IPOs. Another renewable energy company, SolarCity, plans to file for an IPO, potentially as early as next month, according to Bloomberg.

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It’s Always Sunny In Philadelphia

Well… not exactly, according to a New York Times article, the Interstate Renewable Energy Council seems to think the sun shines a little more favorably on California. That’s because California leads the nation in local solar-power systems, followed by New Jersey (Great news for Snooki!), Colorado and others. However, California’s lead in solar is diminishing as other states step up initiatives to increase the use of this renewable energy source. Mind you, California’s lead is still strong with 869MW out of the nation’s 1,831MW total solar power production (Second place NJ produces 221MW). Do you prefer the sun or the shade?

Warren Buffett Says SUN

Over the past six weeks, Buffett’s MidAmerican Energy Holdings Company purchased two solar projects, Topaz Solar Farm in Southern CA (see – told you CA was in the lead) and Agua Caliente in Arizona (AZ ranked #4 in the nation for solar power). The question is… why is Buffett all of a sudden so bullish on the solar market? Perhaps it’s due to the flaring activity in the sector this past week, compounded by the fact that assets are being considered as undervalued in the current market, making them an attractive long-term investment.

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