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Linda DaCosta
American Council On Renewable Energy (ACORE)
Ph: +1-202-393-0001 x7552
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WASHINGTON, March 4 âEUR" Keynote speakers at the Trade Show at the Washington International Renewable Energy Conference 2008 convening today in the U.S. capital called on industry participants, policy makers, financiers and technologists to join forces to scale up renewable energy around the world in response to growing climate and energy security imperatives and the economic challenges posed by $100-a-barrel oil.

In her remarks for the opening plenary session of the Business Conference, Vivienne Cox, CEO of BP Alternative Energy and the Diamond sponsor of WIREC, said, âEURoeWIREC could not be held at a more important or auspicious time for those in the business of providing the world with cleaner energy or enhancing its energy security.

âEURoeOnly a few years ago,âEUR Cox continued, âEURoedebate over climate change tended to revolve around what had to be done over the next century. Today âEUR" as an industry we have to be sharply focused on what has to be done over the next year - even the next month âEUR" not just because we better understand the nature of the problem and the challenge but also because we better recognize the immense set of opportunities that are at hand.

Cox said no one company will solve this alone. âEURoeIf we are to âEUR~grow the pieâEUR(TM) at a rate that meets the challenge as well as the expectations of consumers for cleaner energy then working in partnership will be fundamental to success. That is why WIREC is such an important gathering place for people to meet and develop plans in tandem with companies large and small as well as a host of government, industry, technology and academic bodies from around the world."

GEâEUR(TM)s Vice President of Renewable Energy, Vic Abate, said "With energy demand expected to nearly double globally by 2030 and growing worldwide pressure to address greenhouse gas emissions, GE believes that renewable energy must play an increasing role in the 21st-century energy mix. For the past four years, global renewable energy installed capacity has increased by over 25% each year, resulting in significant economic and environmental benefits for many countries.

âEURoeAs a power generation technology leader with more than 100 years of industry experience,âEUR Abate continued, âEURoewe see three key levers that are critical to sustaining the momentum of this dynamic industry: technology advancement, supply chain growth, and stable, predictable policy. We are pleased to be a sponsor of the Washington International Renewable Conference and look forward to having these discussions at a world-class event."

Dan Arvizu, Director of the National Renewable Energy Laboratory in Golden, CO, proposed three initiatives to capitalize on opportunities for global research and development collaboration including working together to evaluate life-cycle costs and emissions from renewable energy technologies compared to conventional options, pursuing partnerships between research institutes and creating a global alliance of renewable energy research institutions that share information on programs and results, coordinate global initiatives, and serve as centers of excellence for building research capacity around the world.

Joe Stanislaw, independent senior adviser on energy to Deloitte LLP and co-author of the book, âEURoeCommanding Heights: The Battle for the World Economy,âEUR said, âEURoethe convergence of climate change and energy security are the two most important driving forces in the world economy. These forces are creating the undercurrents of energy nationalism, high prices, the drive in the public and private sectors to invest in new and alternative clean technologies. These are the forces that will reshape the global landscape over the next two generations. Fundamental to these issues is whether these will be driving forces for mutual understanding or misunderstanding.âEUR

âEURoeThe future should be one where the technological enablers of clean energy and alternative energy will foster a world of understanding both for the traditional energy players and the new energy players,âEUR Stanislaw said.

âEURoeOver 7,000 delegates from 137 countries, including some 91 Ministers and Secretaries of energy, environment, agriculture and economic development are assembling here this week to review the status of renewable energy around the world, and consider how to scale this up to meet the worldâEUR(TM)s needs,âEUR said Michael Eckhart, President of the American Council On Renewable Energy (ACORE), the governmentâEUR(TM)s partner in producing the WIREC event.

About WIREC 2008

For a full listing of the speakers confirmed for the Business Conference at WIREC 2008, please visit http://www.americanrenewables.org/full_program.cfm.

To view the list of confirmed speakers for the Ministerial Meeting at WIREC 2008, visit: www.wirec2008.gov.

The list of approved Official Side Events can be found at http://www.americanrenewables.org/about_official_side_events.cfm.

About BP Alternative Energy

BP is one of the worldâEUR(TM)s largest energy companies, with interests in more than 100 countries and over 96,000 employees. www.bp.com. BP Alternative Energy, launched in November 2005, combines all of BPâEUR(TM)s interests in low and zero-carbon energy including wind, solar, hydrogen power with carbon capture and storage, natural gas-fired power generation, biofuels for low carbon transport and distributed energy for emerging markets. www.bpalternativenergy.com

About GE Energy

GE Energy (www.ge.com/energy) is one of the world's leading suppliers of power generation and energy delivery technologies, with 2007 revenue of $22 billion. Based in Atlanta, Georgia, GE Energy works in all areas of the energy industry including coal, oil, natural gas and nuclear energy; renewable resources such as water, wind, solar and biogas; and other alternative fuels. Numerous GE Energy products are certified under ecomagination, GEâEUR(TM)s corporate-wide initiative to aggressively bring to market new technologies that will help customers meet pressing environmental challenges.

About NREL

NREL is the U.S. Department of Energy's primary national laboratory for renewable energy and energy efficiency research and development. NREL is operated for DOE by Midwest Research Institute and Battelle.

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