April 23 Policy Forum Will Feature U.S. Senators Cory Gardner, Chuck Grassley, and Dean Heller
For Immediate Release – April 21, 2015
Washington, D.C. – Building on a strong year for renewable energy in 2014, the American Council On Renewable Energy is focused on new partnerships, programs, and leadership for 2015, in order to meet the needs of this fast-growing industry. From renewable electricity to biofuels, ACORE is working to put smart policies and effective finance mechanisms in place to advance the entire renewable energy industry.
“As ACORE evolves to meet the needs of this dynamic industry, the need for strong advocacy and a voice to support the business community is only increasing in importance,” said ACORE’s interim President and CEO, Dan Reicher. “At ACORE, we are committed to bringing the best in research, communications and convenings for our members and the renewable energy industry more broadly. 2015 is already proving to be an exciting year for our sector, and ACORE’s focus this year will help move our industry’s critical issues forward”
On April 23, ACORE’s important convening role will be on display with the 2015 Renewable Energy Policy Forum in Washington, D.C. Among the speakers are Senators Chuck Grassley (R-IA), Cory Gardner (R-CO), Dean Heller (R-NV), and Assistant Secretary of the Air Force, Miranda Ballentine. Industry leaders include Ben Fowke, Chairman, President & CEO of Xcel Energy, and Ahmad Chatila, President & CEO of SunEdison. Topics covered at the Forum will include federal tax policy, biofuels standards, the near-term outlook for renewables, use of renewable energy in support of our nation’s military mission and the next generation of policies to support a thriving renewables industry at the state and federal levels.
The 2015 Policy Forum is guided by three key focus areas ACORE developed this year to help transform the business of renewable energy: defining the next generation of renewable energy policy; optimizing renewable energy finance; and transforming the narrative as the business voice for renewable energy.
“Our new focus areas will guide ACORE’s critical work in accelerating the growth of the renewable energy industry and the impact of this sector as a part of the overall economy,” said Tom Weirich, ACORE’s Chief Operating Officer. “ACORE convenes the top businesses producing, investing in, and using renewable energy today. Together, we are committed to providing a cutting-edge platform to facilitate deal-making and much needed policy leadership in the sector.”
These focus areas will produce several new programs within ACORE, targeted at convening leaders, creating growth and investment across the sector, and communicating the success of the renewables industry. ACORE’s work will include:
- Creating an innovative Corporate & Big Box Retailers Working Group to increase access to capital and address new market segment opportunities.
- Designing an RPS 2.0 model in partnership with key thought leaders to drive renewable energy scale-up and meet EPA Clean Power Plan targets.
- Producing a white paper on attractive investments in renewable energy, authored by a US PREF-led working group of investors and developers.
- And re-launching EnergyFactCheck.com for success-oriented messaging supporting the renewables industry and busting myths in the media.
To achieve this work, ACORE will continue its tradition of convening industry. In February, ACORE signed a key Memorandum of Understanding (MOU) with the American Wind Energy Association (AWEA), adding to its MOUs with the Solar Energy Industry Association (SEIA), the Alliance to Save Energy (ASE) and the International Renewable Energy Agency (IRENA) and many others. The AWEA partnership will add depth to ACORE’s wind energy market reach and offer better resources for ACORE members looking to engage in finance, insurance, development and education in the rapidly expanding wind energy space. AWEA’s experts can offer thought leadership at ACORE’s signature Policy Forum and Renewable Energy Finance Forums, and continue to expand the multi-billion dollar domestic wind industry.
“These agreements with our top partners in the renewable energy space are a testament to the increasing unity of this industry, and the positive influence of these groups on energy policy and finance in Washington and around the country,” said Todd Foley, Chief Strategy Officer at ACORE. “Success in expanding the business opportunity for renewable energy requires the industry to work closely together. As the top umbrella group for the industry, ACORE is pleased to unite our mission with those at AWEA, SEIA and others to drive the policy, market, and finance frameworks necessary to build a more prosperous and secure America with clean, renewable energy.”
Looking ahead, ACORE will host the 12th Annual Renewable Energy Finance Forum in New York, NY on June 24-25 that will focus on the latest financing developments for renewable energy in areas like securitization, green bonds and yieldco vehicles. The event will also focus on government policy and the role of the financial community in supporting renewables. Given the significant innovations that the financial community is developing in renewable energy, ACORE expects this to be a very exciting year for the conference.
ACORE Interim President and CEO Dan Reicher was an ACORE co-founder in 2001 and has served in various roles since, including board chair and co-chair. Reicher, formerly Assistant Secretary of Energy for Energy Efficiency and Renewable Energy in the Clinton Administration, is executive director of Stanford’s Center for Energy Policy and Finance, a joint center of the Stanford Graduate School of Business and Stanford Law School where he holds faculty positions. Under Reicher’s leadership, ACORE is launching a search for a permanent President and CEO.
ACORE, a 501(c)(3) non-profit membership organization, is dedicated to building a secure and prosperous America with clean, renewable energy. ACORE seeks to advance renewable energy through finance, policy, technology, and market development and is concentrating its member focus in 2015 on National Defense & Security, Power Generation & Infrastructure, and Transportation. Additional information is available at www.acore.org
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