Microservices Expo Authors: Hollis Tibbetts, Pat Romanski, Lori MacVittie, Derek Weeks, Liz McMillan

News Feed Item

Report: New Standards Could Help U.S. Policies Accelerate Growth of the Advanced Energy Industry

Interviews with 40 Executives Show Support for Policy Stability, R&D Support, Incentives that Phase Out, and a Level Competitive Playing Field

Policy Guidelines Suggested by Business Leaders Reinforce Energy Tax Reform Principles Proposed by AEE

WASHINGTON, April 17, 2013 /PRNewswire-USNewswire/ -- Advanced energy CEOs and senior executives across America say the nation could spur faster industry growth if U.S. policy was designed to maintain market stability, create a level playing field, support a broad innovation portfolio, limit the duration of incentives, and solve broad problems rather than prescribe narrow solutions, according to a new report released today by Advanced Energy Economy (AEE).

(Logo: http://photos.prnewswire.com/prnh/20120823/DC61994LOGO )

"Advanced energy is a $1 trillion global market and U.S. revenue grew 19 percent last year," said Graham Richard, CEO of AEE. "Advanced energy is an economic opportunity for America. Let's listen to the leaders of this industry and work to align federal policy to make the most of this opportunity."

For the report, Advanced Energy Economy Institute, AEE's educational and charitable affiliate, commissioned PA Consulting Group, a leading industry consultancy, to interview CEOs and top executives of advanced energy companies across a wide range of technologies and services, about how federal policies affect them and their businesses. The researchers interviewed companies big and small, established and start-up, technology-focused and service-oriented.

"When we embarked on this project, we anticipated the greatest challenge would be finding common ground among the CEOs and senior executives interviewed," said Ron Norman, head of the Energy Capital Markets practice at PA Consulting Group. "We felt that the sheer breadth of advanced energy companies represented would virtually guarantee widely divergent views. Much to our surprise, the business executives shared similar perspectives on the standards federal policymakers should consider."

Utilizing open-ended questions about the business challenges facing these executives and the impact of federal energy policies, PA Consulting was able to identify five broad standards for federal policy these executives think would accelerate industry growth. In their view, federal energy policy should:

  • Create market certainty by making rules and regulations stable, predictable and transparent, in order to encourage investment.
  • Create a level playing field by providing advanced energy access to benefits provided to traditional energy and avoiding preferential treatment for particular technology solutions.
  • Support innovation in a portfolio approach by increasing federal funding for research and development and using that funding to assist the widest array of technological possibilities.
  • Limit the duration of incentive support in order to let competitive markets determine what technologies will be viable in the long run.
  • Craft policies around broad problems rather than prescribe narrow solutions, in order to let innovation and competition in the marketplace surface the best answers.

In the report, "Accelerating Advanced Energy in America," business leaders suggest ways both to improve current policies and to develop new ones based on the fundamental standards they identified. Some ways to put these standards into action include:

  • R&D Funding: Nearly every executive interviewed supports the Federal Government's involvement in research and development in advanced energy, especially if done through independent agencies in support of a wide range of firms at varying scales. Advanced Research Projects Agency-Energy (ARPA-E) and Defense Advanced Research Projects Agency (DARPA) were cited as the best existing models, with DARPA exhibiting the added benefit of linking product development to an established defense procurement market.
  • Tax Policy: Tax credits are seen as a powerful tool to incentivize but should sunset in a well-structured and clearly defined manner. For example, the renewable electricity production tax credit (PTC) has generally been extended in one- or two-year increments over a number of years, resulting in boom and bust cycles. It would be better for this mechanism to be extended for a fixed number of years and then phased out in a well-structured and clearly defined manner. Similarly, tax incentives that currently create preferential treatment for conventional energy technologies should either sunset or be widely offered to advanced energy generation technologies. The Master Limited Partnership (MLP) ownership structure, now available only to certain conventional energy facilities, is one that many executives say should be available to advanced energy technologies as well.
  • Demand Creation: Government policy can help bring new technologies to scale by stimulating market demand in a variety of ways. For example, many executives view a national version of the Renewable Portfolio Standards (RPS) currently in 29 states as a potential means to create market demand. They also believe that any federal RPS needs to be technology neutral, meaning it should not privilege one advanced energy technology over another, especially considering regional variation in renewable resources. The executives also cite both Corporate Average Fuel Economy (CAFE) standards and the Renewable Fuel Standard (RFS) as stimulating private investment. But they strongly prefer the CAFE approach, which allows vehicle manufactures to determine the best means of raising fuel economy, over the RFS, which requires production of specific biofuels.  

The full report is available at www.AEE.net/acceleratingAE.

The standards elicited from executives in these interviews are consistent with principles for energy tax reform developed by AEE. These principles were described in a recent op-ed by CEO Graham Richard. According to AEE, tax incentives should and can:

  • Be targeted to driving innovation.
  • Sunset or update automatically when market-based objectives are achieved
  • Provide stability and certainty for businesses and investors.
  • Be technology neutral to support all forms of advanced energy. 

The business association also submitted a comment letter to the U.S. House Ways and Means Committee this week elaborating these principles and sketching out a framework for translating them into the tax code. Through a new structure, the tax code could create credits that are permanent in law but self-regulating in such a way that benefits phase out as energy innovations achieve benchmarks indicating market maturity, at which point these technologies are left to compete on their own. 

About Advanced Energy Economy and the AEE Institute
Advanced Energy Economy is a national organization representing the advanced energy industry. AEE's mission is to influence public policy, foster advanced energy innovation and business growth, and provide a unified voice for a strong U.S. advanced energy industry. The AEE Institute's mission is to raise awareness of the public benefits of advanced energy, drive the policy debate on key topics, and provide a forum where leaders can address energy challenges and opportunities facing the United States.

PA Consulting Group
PA Consulting Group is a leading management, systems, technology and economic consultancy of more than 2,000 people. Independent and employee-owned, PA operates globally in more than 30 countries from offices across Europe and the Nordics, the United States, the Gulf and Asia-Pacific. PA's insights, recommendations and leadership help transform the performance of organizations and guide policy leaders.  PA works with many commercial, government and public sector organizations across many industry sectors including energy, financial services, information technology, life sciences and health care, and defense and security.

SOURCE Advanced Energy Economy

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@MicroservicesExpo Stories
In case you haven’t heard, the new hotness in app architectures is serverless. Mainly restricted to cloud environments (Amazon Lambda, Google Cloud Functions, Microsoft Azure Functions) the general concept is that you don’t have to worry about anything but the small snippets of code (functions) you write to do something when something happens. That’s an event-driven model, by the way, that should be very familiar to anyone who has taken advantage of a programmable proxy to do app or API routing ...
“Being able to take needless work out of the system is more important than being able to put more work into the system.” This is one of my favorite quotes from Gene Kim’s book, The Phoenix Project, and it plays directly into why we're announcing the DevOps Express initiative today. Tracing the Steps. For years now, I have witnessed needless work being performed across the DevOps industry. No, not within our clients DevOps and continuous delivery practices. I have seen it in the buyer’s journe...
Without lifecycle traceability and visibility across the tool chain, stakeholders from Planning-to-Ops have limited insight and answers to who, what, when, why and how across the DevOps lifecycle. This impacts the ability to deliver high quality software at the needed velocity to drive positive business outcomes. In his general session at @DevOpsSummit at 19th Cloud Expo, Eric Robertson, General Manager at CollabNet, will discuss how customers are able to achieve a level of transparency that e...
SYS-CON Events announced today that Enzu will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive advantage. By offering a suite of proven hosting and management services, Enzu wants companies to focus on the core of their online busine...
In many organizations governance is still practiced by phase or stage gate peer review, and Agile projects are forced to accommodate, which leads to WaterScrumFall or worse. But governance criteria and policies are often very weak anyway, out of date or non-existent. Consequently governance is frequently a matter of opinion and experience, highly dependent upon the experience of individual reviewers. As we all know, a basic principle of Agile methods is delegation of responsibility, and ideally ...
SYS-CON Events announced today that SoftNet Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. SoftNet Solutions specializes in Enterprise Solutions for Hadoop and Big Data. It offers customers the most open, robust, and value-conscious portfolio of solutions, services, and tools for the shortest route to success with Big Data. The unique differentiator is the ability to architect and ...
SYS-CON Events announced today that Transparent Cloud Computing (T-Cloud) Consortium will exhibit at the 19th International Cloud Expo®, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. The Transparent Cloud Computing Consortium (T-Cloud Consortium) will conduct research activities into changes in the computing model as a result of collaboration between "device" and "cloud" and the creation of new value and markets through organic data proces...
With emerging ideas, innovation, and talents, the lines between DevOps, release engineering, and even security are rapidly blurring. I invite you to sit down for a moment with Principle Consultant, J. Paul Reed, and listen to his take on what the intersection between these once individualized fields entails, and may even foreshadow.
As we enter the final week before the 19th International Cloud Expo | @ThingsExpo in Santa Clara, CA, it's time for me to reflect on six big topics that will be important during the show. Hybrid Cloud This general-purpose term seems to provide a comfort zone for many enterprise IT managers. It sounds reassuring to be able to work with one of the major public-cloud providers like AWS or Microsoft Azure while still maintaining an on-site presence.
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain. In this power panel at @...
A completely new computing platform is on the horizon. They’re called Microservers by some, ARM Servers by others, and sometimes even ARM-based Servers. No matter what you call them, Microservers will have a huge impact on the data center and on server computing in general. Although few people are familiar with Microservers today, their impact will be felt very soon. This is a new category of computing platform that is available today and is predicted to have triple-digit growth rates for some ...
SYS-CON Events announced today that Numerex Corp, a leading provider of managed enterprise solutions enabling the Internet of Things (IoT), will exhibit at the 19th International Cloud Expo | @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Numerex Corp. (NASDAQ:NMRX) is a leading provider of managed enterprise solutions enabling the Internet of Things (IoT). The Company's solutions produce new revenue streams or create operating...
Monitoring of Docker environments is challenging. Why? Because each container typically runs a single process, has its own environment, utilizes virtual networks, or has various methods of managing storage. Traditional monitoring solutions take metrics from each server and applications they run. These servers and applications running on them are typically very static, with very long uptimes. Docker deployments are different: a set of containers may run many applications, all sharing the resource...
When we talk about the impact of BYOD and BYOA and the Internet of Things, we often focus on the impact on data center architectures. That's because there will be an increasing need for authentication, for access control, for security, for application delivery as the number of potential endpoints (clients, devices, things) increases. That means scale in the data center. What we gloss over, what we skip, is that before any of these "things" ever makes a request to access an application it had to...
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform and how we integrate our thinking to solve complicated problems. In his session at 19th Cloud Expo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm ...
Virgil consists of an open-source encryption library, which implements Cryptographic Message Syntax (CMS) and Elliptic Curve Integrated Encryption Scheme (ECIES) (including RSA schema), a Key Management API, and a cloud-based Key Management Service (Virgil Keys). The Virgil Keys Service consists of a public key service and a private key escrow service. 

SYS-CON Events announced today that Tintri Inc., a leading producer of VM-aware storage (VAS) for virtualization and cloud environments, will present at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Tintri VM-aware storage is the simplest for virtualized applications and cloud. Organizations including GE, Toyota, United Healthcare, NASA and 6 of the Fortune 15 have said “No to LUNs.” With Tintri they manag...
SYS-CON Events announced today that eCube Systems, the leading provider of modern development tools and best practices for Continuous Integration on OpenVMS, will exhibit at SYS-CON's @DevOpsSummit at Cloud Expo New York, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. eCube Systems offers a family of middleware products and development tools that maximize return on technology investment by leveraging existing technical equity to meet evolving business needs. ...
All clouds are not equal. To succeed in a DevOps context, organizations should plan to develop/deploy apps across a choice of on-premise and public clouds simultaneously depending on the business needs. This is where the concept of the Lean Cloud comes in - resting on the idea that you often need to relocate your app modules over their life cycles for both innovation and operational efficiency in the cloud. In his session at @DevOpsSummit at19th Cloud Expo, Valentin (Val) Bercovici, CTO of So...