Tag Archives: Clean Energy Deployment Administration

REFF: Google?s Dan Reicher: How to Bridge the ?Valley of Death?

Google's Dan Reicher: Proposes a way across the "Valley of Death"

Dan Reicher, Google?s director of climate change and energy initiatives, wants to bridge the ?Valley of Death? ? the financing gap that clean energy technologies encounter when venture capital funding is exhausted but before they can access more funding. Reicher hopes that the creation of a Clean Energy Deployment Administration, a government entity sometimes called a ?Green Bank? that provides support for deployment of technologies, will help bridge that gap. Reicher is supporting a bill introduced by Senator Jeff Bingaman that would fund CEDA. Reicher, an assistant secretary of energy in the Clinton Administration, joined Google?s philanthropic and advocacy arm, Google.org, in 2007. G.E.R. caught up with him at the Renewable Energy Finance Forum – Wall Street.

Green Energy Reporter: Why is it so important that the government help companies cross the Valley of Death?

Dan Reicher: It?s getting in the way of success with respect to a very broad range of energy technologies that I think are the solution to our environmental, economic and security problems. For a broad array of technical, renewable, efficiency technologies, the Valley of Death looms large for all of them.

If we?re going to put these advanced technologies in place and broadly deploy we?ve got to figure out to build a bridge over this valley.

G.E.R.: How would CEDA help do that? Continue reading REFF: Google?s Dan Reicher: How to Bridge the ?Valley of Death?

REFF: Google’s Dan Reicher: How to Bridge the “Valley of Death”

Google's Dan Reicher: Proposes a way across the "Valley of Death"

Dan Reicher, Google’s director of climate change and energy initiatives, wants to bridge the “Valley of Death” – the financing gap that clean energy technologies encounter when venture capital funding is exhausted but before they can access more funding. Reicher hopes that the creation of a Clean Energy Deployment Administration, a government entity sometimes called a “Green Bank” that provides support for deployment of technologies, will help bridge that gap. Reicher is supporting a bill introduced by Senator Jeff Bingaman that would fund CEDA. Reicher, an assistant secretary of energy in the Clinton Administration, joined Google’s philanthropic and advocacy arm, Google.org, in 2007. G.E.R. caught up with him at the Renewable Energy Finance Forum – Wall Street.

Green Energy Reporter: Why is it so important that the government help companies cross the Valley of Death?

Dan Reicher: It’s getting in the way of success with respect to a very broad range of energy technologies that I think are the solution to our environmental, economic and security problems. For a broad array of technical, renewable, efficiency technologies, the Valley of Death looms large for all of them.

If we’re going to put these advanced technologies in place and broadly deploy we’ve got to figure out to build a bridge over this valley.

G.E.R.: How would CEDA help do that? Continue reading REFF: Google’s Dan Reicher: How to Bridge the “Valley of Death”