On May 21st, NDN and New Policy Institute Green Project Director, Michael Moynihan, will host a presentation with NDN's new Senior Advisor, Alicia Menendez, in New York. This presentation will examine the electricity industry and why the uptake of renewables has been so slow. Moynihan argues that the answer lies in the outdated and complex structure of Electricity 1.0, a closed, highly regulated network created a century ago, is fundamentally incompatible with clean technology and renewable power. America must upgrade to Electricity 2.0, an open, distributed network capable of fostering innovation and a clean technology revolution.
Clean energy has captured the imagination of people from Silicon Valley, who invested $5.4 billion in the sector last year, to President Obama, who highlighted it in his State of the Union Address. However, it has yet to fulfill its economic promise and displace legacy fuels in America’s electricity sector, especially when compared with the significant progress made in other countries. Today, non-hydro renewables account for just 3.5% of electricity in the US.
Joining Michael on the 21st will be our new Senior Advisor, Alicia Menendez. If you haven't had a chance to meet Alicia this will be a good time. And check out this recent appearance by her on Fox News.
We hope that you will be able to join NDN in New York. Please RSVP if you can attend.
Electricity 2.0 paper available here.
Electricity 2.0: Unlocking the Power of the Open Energy Network
Friday, May 21st
8:00 AM, breakfast will be served
The Harvard Club of New York, The Mahogany Room
35 West 44th Street
New York, NY