Sunday 7 June 2009

Funding Deployment

In the US, the Waxman-Markey American Clean Energy and Security Act (ACES) is making it's way through Congress, and being aggressively debated. However, one key amendment, the Clean Energy Deployment Administration seems to have bipartisan support.

According to a post on Watthead "Clean Energy Deployment Administration: added as an amendment overwhelmingly adopted on a 51-6 bipartisan vote during markup, this provision establishes a sort of public clean energy bank to finance and accelerate clean energy technology commercialization and deployment.

Sponsored by Representatives John Dingell of Michigan, Jay Inslee of Washington and Bart Gordon of Tennessee, the provision establishes a new Clean Energy Deployment Administration (CEDA) that will be responsible for creating an attractive investment environment that will spur the widespread deployment of advanced clean energy technologies, including higher risk "breakthrough technologies." The Administration would also support the widespread deployment of critical enabling infrastructure technologies (like new grid technologies), energy efficiency technologies and advanced clean energy manufacturing technologies."


Now is the time for deployment of emission free dispatchable power and it is encouraging to see the US moving in this direction - it's now also the time for support for this urgently needed deployment to happen on a global scale.

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