Sherman McCorkle
Welcome Letter from the President and CEO of TVC
Special Issue
Volume A Number 1
In December of last year, Technology Ventures Corporation presented a day-long program that brought together an array of experts from the scientific, business and government communities to shed some needed light on the prospects of alternative energy. We called the program The Energy Summit in the Sandias: The Allure of Alternative Energy and the Reality of Transmission. Clearly, this is a subject of interest to a lot of people: more than 300 attended the Summit and others were disappointed, since seating was limited.
As a result of this unexpected interest, we decided to publish this special issue of Innovation that contains salient excerpts and summaries of the remarks and panel discussions. The Summit, keynoted by Senator Jeff Bingaman, chairman of the Senate Energy and Natural Resources Committee, offered the latest thinking of experts in solar, nuclear, wind, biofuels and transmission. The challenges are immense but at the same time the consensus makes plain the need for the federal government to make significant investments in alternative energy and for private industry to provide the innovation so that green energy becomes a more formidable force in the marketplace.
The laboratories of the Department of Energy have been engaged in alternative energy R&D for quite some time, held back to some degree by a lack of funding. That may now change, given the enthusiastic interest of President Obama and, most certainly, the strongly held views of the incoming Secretary of Energy, Steven Chu, former director of the Lawrence Berkeley National Laboratory.
And so the planets may be aligning and alternative energy, including the means of transmission, may be entering a new and exciting phase in its development. I believe The Energy Summit in the Sandias offers a useful map for the road ahead.
Sherman McCorkle
President and Chief Executive Officer
Technology Ventures Corporation
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