White House Clean Energy Update
Monday, July 19, 2010
ECONOMIC IMPACT OF RECOVERY ACT INVESTMENTS IN ADVANCED VEHICLES
Last week, the President was at the official groundbreaking of the new Compact Power plant in Holland, MI. The Department of Energy also released a new report on the economic impact of Recovery Act investments in advanced batteries and vehicles. The report, "Recovery Act Investments: Transforming America’s Transportation Sector,” documents how Recovery Act funds are being matched with private capital to create new jobs, construct new plants, add new manufacturing lines, install electric vehicle charging stations across the country and help build the emerging domestic electric vehicle industry from the ground up.
The President emphasized the importance of plants such as the newest one in Michigan that not only provide employment in the short term, but support a new foundation for America’s economy. He said "that by 2012, the batteries will be manufactured here in Holland, Michigan. So when you buy one of these vehicles, the battery could be stamped "Made in America” – just like the car.”
Please refer to the attached document on Advanced Vehicle Investments or visit here for more details. You can also watch his address by clicking here .
· For every dollar of the $2.4 billion in seed money the government provided through the Recovery Act advanced battery and electric vehicle grants, the companies have matched it at minimum dollar for dollar.
· Pre-Recovery Act, the U.S. produced just 2 percent of the world’s batteries for advanced vehicles, but due to Recovery Act investments, the U.S. will have the capacity to produce 20 percent of these batteries by 2012 and up to 40 percent by 2015 - that’s a jump from 2 percent to 40 percent in a span of just five years.
· Nine of the nine new battery plants opening as a result of Recovery Act investments will have started construction by Thursday – and four of those will be operational by the end of the year. In addition, twenty-one other plants will make battery or electric vehicle components with the help of Recovery Act grants.
· Before the Recovery Act, high battery costs meant a car with a 100 mile range would need a battery that cost $33,000. But because of the higher-volume domestic manufacturing the Recovery Act is spurring, the cost of such a battery could come down to $16,000 by the end of 2013 and $10,000 by the end of 2015, dramatically driving down the cost of an electric vehicle and greatly expanding the domestic market.
WHITE HOUSE CLEAN ENERGY ECONOMY FORUMS
Clean Energy Manufacturing
Last week, Secretary of Commerce Gary Locke kicked off an event bringing together some of the most experienced talent in the clean energy manufacturing sector. Secretary Locke’s opening remarks were followed by two panel discussions focusing on strategies to advance the development and commercialization of new clean energy technologies, support the creation and growth of emerging industries and small and medium enterprises, promote exports, and train workers for the clean energy economy. Audience members raised questions about streamlining government licensing applications, competing with international businesses, and identifying the next wave of investments in clean energy.
Please visit these links to watch a recorded video of the entire forum: opening remarks from Sec. Locke, panel discussion on Clean Energy Supply Chain , and panel discussion on Competitiveness and Exports.
Federal Leadership and Sustainable Buildings (Tomorrow)
Tomorrow, the White House will be hosting a meeting on the government’s leadership in promoting sustainable buildings. The panel discussions will focus on leveraging scale and the role of government leading by example, financing sustainable building efforts, and the call for innovation in research and technology. The forum will begin tomorrow morning, July 20th at 8:30am EST; please join us live via this link: www.whitehouse.gov/live
WHITE HOUSE BLOG POSTS
Going Green in Denver- Secretary Hilda Solis, Department of Labor
On a recent visit to Denver, CO, Secretary Hilda Solis visited the Denver Green Jobs Initiative, a program that provides free green jobs training to the unemployed, women, and minorities. In her blog she notes that "Denver and Colorado as a whole are really taking an interest in green industries. Several employers have already reached out to the Denver Green Jobs Initiative as a pipeline for several planned transportation, retrofitting, and green construction projects…I’m proud that the Department of Labor is [supporting this effort] though our investment in the Denver Green Jobs Initiative. This program received over $3.6 million from the Department of Labor as part of the Pathways out of Poverty Initiative.”
For more details, please visit: http://www.whitehouse.gov/blog/2010/07/08/going-green-denver
LAUNCH OF DEPARTMENT OF ENERGY BLOG
On Tuesday, DOE will launch Blog.energy.gov, Twitter.com/Energy and Facebook.com/Energy. The launch of this online presence will feature a post from Secretary Chu, a guest post from David Sandalow on Clean Energy Ministerial, an all-day livestream, and Tweets about the Clean Energy Ministerial sessions.
CLEAN ENERGY MINISTERIAL
The first-ever Clean Energy Ministerial is being hosted by Energy Secretary Steven Chu. The event will bring together ministers and stakeholders from more than 20 countries to collaborate on policies and programs that accelerate the world's transition to clean energy technologies. The meeting will provide an opportunity for groups of governments and other participants to announce actions to accelerate deployment of clean energy technologies. The agenda of the Clean Energy Ministerial will focus on concrete steps forward to promote clean energy.