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Paul Dickerson's Goals (Not quite a tech-y post)

Written by admin

Paul Dickerson is the COO of the federal government’s Office of Energy Efficiency and Renewable Energy and he has some goals as we move forward in the U.S. effort towards becoming a more energy friendly nation.

One: Show the industry that his department is a friend to business and not isolated and bureaucratic

Two: Educate the world that Americans are moving aggressively on renewable energy and efficiency

As Earth2Tech puts it:

The two-tiered pronouncement, which he shared with us in a conversation after a speech he gave at the Silicon Valley Bank’s Kellogg Auditorium in Santa Clara, Calif., sounds simple enough as a slogan. The realities of helping allocate billions of dollars and helping plan the department’s $1.47 billion budget, however, is anything but easy. The EERE invests in energy technologies like biomass and solar and Dickerson, who was appointed by President Bush, is responsible for directing the departments priorities, policies, program development and strategic planning.

When there is a lot of money at stake, things can get complicated. One complex issue is loan guarantees. Renewable energy companies like solar thermal startups that have cutting-edge, experimental (or even downright risky) technology want their loans — taken to finance the building of solar power plants, which costs hundreds of millions of dollars — to be guaranteed. If the federal government can guarantee a loan, the interest rate can drop considerably, which can help the plant actually get built.

Source: Earth2Tech