Clean Energy States Alliance delivers presentations on
a variety of clean energy topics. When possible, materials
for upcoming and past presentations are made available here
on the CESA website.
June 1, 2010
Title: Effective Public Financing Tools to
Support Distributed Wind Development - Webinar
Hosted by: Clean Energy States Alliance
This webinar explored the variety of useful and innovative
financing tools that states can use to support greater
deployment of distributed wind projects, as well as tools
states can use to complement existing federal financing
mechanisms such as the Investment Tax Credit and Treasury
Cash Grant. This webinar is the second in a series of state
wind policy briefings organized by Clean Energy States
Alliance's States Advancing Wind project. It is made possible
by the Department of Energy's Wind Powering America State
Outreach Project.
Audio
File (Window Media Format)
Speakers included:
-Mark Bolinger, Research Scientist, Lawrence Berkeley National Laboratory: Quantifying
the Value of theSection 1603 Treasury Cash Grant to Community Wind Projects
-John Harper, Managing Director of Project Investments, Global Energy Investors: Considerations
in Financing Community Wind Projects (pdf)
-Charles Kubert, Project Director, Clean Energy States Alliance: Financing
Community and Distributed Wind Projects: Possible Role for the States (pdf)
May
28, 2010
Title: State Bond Financing
Hosted by: Clean
Energy States Alliance
This call is another in the CESA Clean
Energy Finance Series and the focus is the use of state bond
financing to support private renewable energy development
(note: this is different from CREBs since that is a federal
program). Our guest speaker is John M. May, Managing
Director of Stern Brothers & Co.
The presentation will discuss the use of tax-exempt,
tax credit and taxable bonds to finance renewable energy
projects in the PPP context. Bonds are structurally superior
to bank debt and represent a liquid, multi- billion market
for renewable project finance that is open at a time when
bank liquidity and tax equity are both in short supply. Bonds
can be used in conjunction with both the ITC and Grant in
Lieu, as well as ARRA funds, and state guarantees and equity
fund contributions. John will discuss specific case studies
for the use of bond debt in the biofuels, biomass, wind,
solar, cogen/CHP and geothermal and hydro segments. He will
also discuss the use of state and federal monies to provide
the basis for revolving loan or bond funds for renewable
energy and energy efficiency projects.
Financing
Renewable Energy Projects with Tax-Exempt and Taxable Bonds,
by John M. May, Managing Director, Head of Alternative
Financing Group, Stern Brothers & Co.
April 23, 2010: “Funds
as Equity Investors”. This call continues
CESA's series on financing tools and examines the role
of state clean energy funds as equity investors in emerging
clean energy companies. Among the questions our speakers
will address are:
1) when and why is it appropriate for a ratepayer-supported
clean energy fund to invest in clean energy businesses,
2) should a fund do this on its own, outsource its investments to a private
venture capital firm or invest in a clean energy vc or private equity fund,
3) where can limited state investment dollars be most effective and best complement
private venture capital activities.
Audio
File (Windows Media Player, 9 MB)
Nancy Floyd, Managing Director, Nth Power, a leading clean energy venture capital
firm based in San Francisco (presentation,
PDF)
Peter Longo, President, Connecticut Innovations, the parent organization of
the CT Clean Energy Fund (presentation,
PDF)
Lauren Burrows, Investment Associate, Massachusetts Clean Energy Center (presentation,
PDF)
March 26, 2010: “Tax
Credit Financing.” This call, part of
the CESA Finance Series, will review the two federal
tax credit bonding instruments—CREBs and QECBs—that
can be used to finance municipal clean energy projects.
The webinar will also touch upon the potential use of
New Market Tax Credits to support private renewable energy
projects and manufacturers in low-income and rural areas.
Speakers are Douglas Lamb, partner with the law firm
of McGuire Woods, and Geoff Culm, Senior Vice President
of Banc of America Public Capital Corp. in Chicago.
Audio
File (Windows Media Player, 9 MB)
Clean
Renewable Energy Bonds & Qualified Energy Conservation
Bonds: Opportunities and Challenges, by Geoffrey
R. Culm and Douglas E. Lamb.
December
18, 2009: "Bridging
the Valley of Death." This call featured Ken
Locklin of Clean Energy Group (CEG) and Ethan Zindler
of New Energy Finance (NEF) to brief CESA members on
a draft CEG/NEF report that evaluates current gaps in
clean energy financing and provides recommendations for
proposed solutions, with a focus on the role of government.
Presentation
- Bridging
the Valley of Death: Addressing the scarcity of seed
and scale-up capital for next generation clean energy
technologies. Ethan
Zindler, NEF, Short
Bio
November
13, 2009: "DOE Loan Guarantee Information." The Department of Energy (DOE) has announced that it
will provide up to $750 million in funding from the
American Recovery and Reinvestment Act to help
accelerate the development of conventional renewable energy generation projects.
This funding will cover the cost of loan guarantees which could support as
much as $4 to 8 billion in lending to eligible projects, and the Department
will invite private sector participation to accelerate the financing of these
renewable energy projects.
To this end, the Department announced early in October
the creation of its new Financial Institution Partnership
Program (FIPP), a streamlined set of standards designed
to expedite DOE’s loan guarantee underwriting process
and leverage private sector expertise and capital for the
efficient and prudent funding of eligible projects. A new
chapter in that program was announced on October 30th,
with release of guidance on the potential participation
in this program by so called “Development Finance
Organizations” (DFO’s). This class of lenders
could include some state agencies and CESA members. This
call will feature Steve Kline and Tom Cochran, the two
DOE consultants leading the development of the new DOE
loan guarantee program and Development Finance Organizations.
They will provide full details on the program, its operations,
and on the eligibility requirements for participation.
They are looking forward to taking your questions about
this program.
Audio
File ( 8 MB - window media player)
Presentation by
Steven Klein and Thomas Cochran, Advisors to DOE
DOE
RFI Document
May 8, 2009 - CESA Webinar
Designing an Effective State Clean Energy Loan Program
Webinar Audio (mp3)
Webinar
Announcement (pdf)
Webinar
Agenda
Designing
an Effective State Clean Energy Loan Program, Jeff Keto, Assistant
Director of Finance, Oregon Department of Energy.
Clean
Energy Loan Funds - TRF Sustainable Development Fund, Rob Sanders,
Fund Manager, TRF SDF.
April 2, 2009 - CESA Webinar, Co-hosted
by NASEO
Designing an Effective State Clean Energy Program:
A Blueprint for Success
Webinar Agenda (pdf)
Webinar Audio (mp3)
Organizing
and Designing a Program for the Long Term, Mark Sinclar, Executive Director,
CESA
Ohio
Energy Office Perspective, Sherry Hubbard, Office Chief,
Ohio Energy Office
Building
a Diversified Portfolio, Lise Dondy, President, CT Clean
Energy Fund
Smart
Subsidies, Rob Sanders, Managing Director, TRF Sustainable
Development Fund (PA)
If
You Offer It, Will They Come? The Importance of Outreach
and Marketing in Clean Energy Program Success, Peter West,
Director, Energy Trust of Oregon
CESA Briefing Papers - March 2009: Developing
An Effective State Clean Energy Program
Briefing
Paper No. 1: A Blueprint for Success. This paper
summarizes innovative approaches and practices that have
worked effectively for state clean energy programs across
the country and focuses on programmatic activities and
administrative issues.
Briefing
Paper No. 2: Renewable Energy Incentives. This paper
summarizes approaches and practices that have worked
effectively for sate clean energy programs in providing
small renewable project incentives.
Briefing
Paper No. 3: Competitive Grants. This paper summarizes
innovative grant making approaches and practices that
have worked effectively for state clean energy programs.
Briefing
Paper No. 4: Clean Energy Loans. The paper summarizes
loan approaches and practices to support renewable
energy projects.
CESA Presentations
CESA and EESI presented an educational Congressional Briefing
on "The Strategic Role of States in Supporting
Clean Energy" on Tuesday, Jan. 13, 2009 in DC. Event
Audio File (mp3)
Speakers
for this event included:
- Lew Milford, President, Clean Energy States Alliance
Presentation
1
Presentation
2
- Tom Plant, Director,
Colorado Governor’s Energy
Office
Presentation
-
Janet Joseph, Director of Clean Energy
Research & Market
Development, New York State Energy Research and
Development Authority (NYSERDA)
Presentation
- Peter West, Director of Renewable Energy, Energy Trust
of Oregon
Presentation
- Rob Sanders, Sustainable Development Fund Manager, The Reinvestment
Fund
Presentation
State
Clean Energy Fund Support for Renewable Energy Projects:
Key Findings from the CESA National Database, January 2009.
Clean
Energy Project Investment: The Strategic Role of the States,
EESI-CESA Congressional Briefing, January 13, 2009.
Matching
Federal Grants for Clean Energy Stimulus: State Funds as
a Vehicle for Green Economic Recovery, EESI-CESA
Congressional Briefing, January 13, 2009.
State
Leadership in Clean Energy Press Conference Presentation (pdf),
National Press Club, January 13, 2009.
U.S.
State Solar Policy Trends: New State Initiative (pdf),
National Academy of Sciences, July 29, 2008.
State Solar Policy Initiatives: Recent Developments & Lessons
Learned (pdf), Solar 2008, May 8, 2008.
State
Solar Policies, Programs and Trends (pdf), IREC Solar
Seminar, March 11, 2008.
State
Support for Solar Energy (pdf), NARUC Workshop, November
14, 2007.
Learning
by Doing: The Evolution of State Support for Solar Energy,
Solar Power 2007, September 25, 2007. |