Chase on Smart Energy

Dave Chase's observations of developments and opportunities in the emerging Smart Energy field.

Tuesday, June 28, 2005

Scenario planning of removing 3.5 million barrels of oil per day

Martin Tobias points us towards a simulation that was done by some highly credible people. One of the key take-aways for me is this would further accelerate a shift not only to bio-fuels but a shift towards electricity being a larger part of the energy mix. For an already stressed grid, this means that the grids 20-30% efficiency will no longer be acceptable. The businesses forming around this need (i.e., increasing the grids efficiency) would dramatically benefit -- e.g., MicroPlanet, Itron, etc.

More on the simulation...The premise is that a series of geopolitical (terrorist attacks, political unrest) and natural (cold winter) factors combine to remove 3.5 million barrels per day of supply from the market. Any of those are very plausible. Among the negative outcomes beyond the obvious expected price hikes for gas, oil, etc.
  • Fall of gross domestic product for two consecutive quarters;

  • Drop in consumer confidence by 30 percent;

  • Spike in the consumer price index to 12.6 percent;

Participants aren't people you'd expect to be alarmists so it makes this all the more credible. They included the following people:

  • Robert M. Gates, former Director of Central Intelligence;

  • Richard N. Haass, former Director of Policy Planning at the Department of State;

  • General P.X. Kelley, USMC (Ret.), former Commandant of the Marine Corps, member of the Joint Chiefs of Staff;

  • Don Nickles, former U.S. Senator;

  • Carol Browner, former Administrator of the Environmental Protection Agency;

  • Gene B. Sperling, former National Economic Advisor;

  • Linda Stuntz, former Deputy Secretary of Energy;

  • Frank Kramer, former Assistant Secretary of Defense for International Security Affairs;

  • R. James Woolsey, former Director of Central Intelligence.

Enterprise Sales Learning Curve and the Smart Energy sector

An article I wrote for the Center for Smart Energy (run by the well regarded industry analyst/pundit Jesse Berst) is post here. There has been a lot of press attention on the rise of venture investment in the "clean technology" sector. Much of these have business ecosystems that are far from the experience/contact base of technology industry veterans. In contrast, there's much to leverage from the technology arena into the emerging "Smart Energy" market. Learn more at the Center for Smart Energy's website.

Wednesday, June 22, 2005

Interview with Brian Reidy of MicroPlanet expounding on his goal of reducing 150 million tons of greenhouse gas emissions per year

The interview is here. Through some creative transaction they are now publicly traded (TSXV: MP).