Green Time

Wednesday, September 30, 2009

National Grid Welcomes Act to Create Clean Energy Jobs and Tackle Climate Change

WALTHAM, Mass. - (Business Wire) National Grid, an international energy company and one of the country's largest utilities, today welcomed the introduction of the Clean Energy Jobs and American Power Act by Senators John Kerry and Barbara Boxer, and urged swift passage so the nation can move forward to tackle climate change, create clean energy jobs and secure its energy future.
Tom King, president of National Grid in the U.S., said, "With the introduction of this Act, we have an opportunity to build on the good work already undertaken in the House by Congressmen Waxman and Markey, pressing forward towards a new, cleaner energy future that includes job creation, security of supply and action to tackle climate change. We are ready to work side-by-side with our political leaders on this critical path, ensuring that customers’ interests are protected as we move towards this goal.
"While healthcare is understandably at the top of the legislative agenda, we urge our leaders to work quickly to shape and secure the country's energy future. It is vital we act now to address climate change and protect future generations, while positioning the country as an international leader in this global challenge.”
National Grid is an international energy delivery company. In the U.S., National Grid delivers electricity to approximately 3.3 million customers in Massachusetts, New Hampshire, New York and Rhode Island, and manages the electricity network on Long Island under an agreement with the Long Island Power Authority (LIPA). It is the largest distributor of natural gas in the northeastern U.S., serving approximately 3.4 million customers in Massachusetts, New Hampshire, New York and Rhode Island. National Grid also owns over 4,000 megawatts of contracted electricity generation that provides power to over one million LIPA customers.

source: National Grid news release by Chris Mostyn

American Power Act

Statement on The Clean Energy Jobs and American Power Act

Applied Materials, Inc. the world’s largest supplier of equipment to the solar industry, released the following statement in support of the "The Clean Energy Jobs and American Power Act,” a bill introduced today by Senator John Kerry and Senator Barbara Boxer.

"This is a good step toward a final package of environmental legislation that will enable the United States to maintain its technology competitiveness, create green jobs, and achieve significant reductions in greenhouse gases,” said Mike Splinter, Chairman and CEO of Applied Materials.

"It is important for people to realize that solar-generated energy is the best pathway to achieve the goals of this bill. If we can combine this thinking on climate change with aggressive renewable energy standards and tax incentives for domestic manufacturing, the U.S. can create an effective solution to the two great challenges of our time, energy and the environment.”

"There is good momentum now, with the Senate moving to follow up on the House of Representatives’ action earlier this year, and both working aggressively to support President Obama’s vision to establish the United States’ leadership in renewable energy and climate change. With all that is at stake, we urge Congress to work together in a bipartisan way to get a bill on the President's desk that he can sign soon, knowing it is the right thing for our country.”

About Applied Materials:  Applied Materials, Inc. (Nasdaq:AMAT) is the global leader in Nanomanufacturing Technology™ solutions with a broad portfolio of innovative equipment, service and software products for the fabrication of semiconductor chips, flat panel displays, solar photovoltaic cells, flexible electronics and energy efficient glass. At Applied Materials, we apply Nanomanufacturing Technology to improve the way people live. Learn more at

Green Energy | Energy | News & Sectors | Financial Post

Green Energy Energy News & Sectors Financial Post

Saturday, September 19, 2009

Renewable Energy will be the next great Global Industry.

paraphrased from: Have a Nice Day By T.L. Friedman S.

Applied Materials makes the machines that make the microchips that go inside your computer. They added a new business line to take advantage of the company’s
nanotechnology capabilities — making the machines that make solar panels.

They have not sold or installed a single plant in America but 14 are in production overseas: five in Germany, four in China, one in Spain, one in India, one is Italy, one in Taiwan and one in Abu Dhabi.

These countries are building solar-panel industries today because they have put in place the three prerequisites for creating a renewable energy industry:

1) any business or homeowner can generate solar energy;
2) the power utility has to connect them to the grid; and
3) the utility has to buy the power for a predictable period at a preset economic price to the family or business putting the solar panels on their rooftop.

The three prerequisites: freedom to generate electricity, access to the grid and longterm price certainty, are not available broadly accross the U.S. Consumer need help and assurances to make the investment in panels attractive thus,encouraging domestic manufacturing of panels to satisfy an increasing demsand. Ironically, foreign made panels are being sold to consumers in America and subsidized by federal and state tax breaks. But too few buyers and not enough incentive to build a domestic manufacturing industry. Just purvetors of foreign made products.

Germany now generates almost half the solar power in the world today and, as a byproduct, is making itself the world-center for solar research, engineering, manufacturing and installation. Germany has more than 50,000 new jobs in the renewable energy industry. In Germany renewable energy is now second only to its auto industry.

Although consumer demand for solar power has incrementally increased in America, it has not been enough for anyone to build a new factory in America yet. Meaning federal and state subsidies for installing solar systems are largely paying for the cost of importing solar panels made in China, by Chinese workers, using hi-tech manufacturing equipment invented in America.

Applied sells its solar-panel factories for $200 million each. Solar panels can be made from many different semiconductors, including thin film coated onto glass with nanotechnology and from crystalline silicon. Making these complex machines requires America’s best, high-paid talent — people who can work at the intersection of chemistry, physics and nanotechnology.

China is now creating a massive domestic market for solar and wind, which will give it a great export platform.