Ed Markey, Chair of the Select Committee on Energy Independence and Global Warming and coauthor of
the Waxman-Markey American Clean Energy and Security Act (H.R. 2454) that passed through the House, led a
panel today on advanced clean energy technology. According to the committee website, "Advanced coal and large scale solar projects provide a window to the future of low carbon technology and job opportunities."
The panel made the case, essentially, for the need in investment in and putting into effect loan guarantees for the solar power industry. The panel consisted of four leading developers and coal industry officials who testified on the commercial viability of carbon capture and sequestration technology. They see the technology as beginning to come online by 2015 and being widely distributed by 2020.
Meanwhile, the other two panelists represent the solar industry. They see the potential for photovoltaic solar technology as being equal to coal in terms of cost efficiency as also by being viable by 2020. Emanuel Sachs, who leads a solar research program MIT and is the Chief Technology Officer for the PV company 1366 Technologies, pointed out (and Markey made a point to emphasize) that solar manufacturing will be the largest industry in the "history of the world."
At the same time, another form of solar that is commercially usable but requires loan guarantees and investment is concentrated solar thermal electricity, a technology that collects heat from the sun to power large crank turbines that produce electricity. The technology, which was discussed by Sean Gallagher of Tessera Solar, also promotes job growth and has the potential for reinvigurating automotive workers through manufacturing jobs.
The fact that PV and concentrated solar are becoming commercially viable and comparible in terms of scale to coal is signficant. With CCS being hailed as the saivor for the coal industry in the light of reducing greenhouse gas emissions, it is invaluable that investments are made in the sources of energy that are the most efficient, produce the least pollution, and that have the smallest lifecycle impact. Coal industry reps testified today that the use of CCS technology will consume 10-30 percent of the overall output of the power plant. This still says nothing about where the coal is coming from or the impact on the local communities that strip mining, mountain top removal and open pit mines have.
Sachs, who has been involved in solar energy production since the 70's, pointed out that PV has the potential to be more than 80 percent efficient .
Not surprisingly, in their opening statements, Shelley Capito (R-WV) and Marsha Blackburn (R-TN) were excited to hear about the potential for carbon capture and sequestration (CCS) technology. Capito's state of West Virginia, she pointed out, is the second largest producer of coal power. Blackburn remains a delusional critic of acting on global warming and completely missed the point when asking Gallagher about solar's regional opportunity for the southeast. Gallagher explained that what is required is transmission development, but she latched onto the idea that solar just isn't as viable in the region as elsewhere.
In moving forward with energy and climate legislation over the next few months a huge opportunity exists to provide the incentives to expand solar technology to the point that coal consumption, and the impacts it creates, are greatly reduced, if not eliminated.
Cutos to Markey for highlighting this important part of the energy and climate discourse. Now the rest of Congress must put these ideas into effect through the comprehensive bill being discussed.