Innovation for a Sustainable Energy Future: Renewable Energys Role

NREL is a national laboratory of the U.S. Department of Energy Office of Energy Efficiency and Renewable Energy operated by Midwest Research Institute Battelle

Tod Perry

Sweden-U.S. Entrepreneurial Forum

September 2009

(Enabling) Business Opportunities in Clean Tech1

Energy ChallengesEconomyEnvironmentSecurity Secure supply Reliable Infrastructure Economic Development Energy price volatility Affordability Carbon mitigation Land and water useAll three imperatives must be simultaneously addressed2 National Renewable Energy Laboratory Innovation for Our Energy FutureEnergy (Entrepreneurship) ChallengesEnergy entrepreneurship is much harder than entrepreneurship in other sectors-Bill Aulet, MIT Sloan Senior Lecturer & Entrepreneur in Residence

Multi-dimensional knowledge: sciences, technologies, knowledge monitization, markets, manufacturing, etc.Longer time frame: EnerNOC vs. Evergreen Solar. How does this work with 10-15 year VC funds?Larger scope and scale: $10s-100s investment required per technology/companyPublic perception and emotion. Energy: a right or privilege?Government affairs: regulation, subsidies, price setting3

INLNRELLawrence BerkeleyLawrence LivermoreLos AlamosSandiaPacific NorthwestArgonneBrookhavenNETLOak RidgeNuclear SecurityScienceEnergy Efficiency and Renewable EnergyNuclear EnergyFossil EnergySavannah RiverNREL: A DOE National Laboratory

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NREL is Unique.Only national laboratory dedicated to renewable energy and energy efficiency R&DCollaboration with industry and university partners is a hallmarkAbility to link scientific discovery and product development to accelerate commercialization5National Renewable Energy Laboratory Innovation for Our Energy Future

National Renewable Energy Laboratory Innovation for Our Energy FutureNREL: FY2009 Program PortfolioEstimated $460.5 MillionUpdated May 2009Solar $65.2MWind & Hydro $31.1MBioenergy $33.2MHydrogen $14.8M Vehicle Technologies $23.5MBuildings $28.3MFEMP $8.6MWFO $24.8MOther DOE $17.2MBasic Sciences $7.7MFacilities and Infrastructure $66.6MWeatherization $7.4MTransmission and Distribution $2.1MGeothermal $1.4MWater $.7MSystems Integration $4.5MIntegrated Deployment $12.7MARRA $110.7MNREL: Funding and StaffingNREL: Technology Development ProgramsEfficient Energy UseVehicle TechnologiesBuilding TechnologiesIndustrial TechnologiesEnergy Delivery and StorageElectricity Transmission and DistributionAlternative Fuels Hydrogen Delivery and StorageRenewable ResourcesWind and waterSolarBiomassGeothermalNREL R&D PortfolioFoundational Science and Advanced Analytics

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NREL: Technology Investment PathwaysSource: NREL

9NREL: A Better Resource for Start-UpsInternal education

National Renewable Energy Laboratory Innovation for Our Energy FutureNational Renewable Energy Laboratory Innovation for Our Energy FutureResearch: Patenting Research for SocietyWithout IP ProtectionWith IP ProtectionResearchDevelopmentGovernment FundedSocietal ImpactResearchDevelopmentGovernment FundedSocietal ImpactPrivately FundedPatents enable private investment in technology maturationand society penetration by allowing companies to capture value for their risk.11Ampulse Case Study

Internal educationExternal support: Growth Forum

National Renewable Energy Laboratory Innovation for Our Energy FutureNREL: A Better Resource for Start-UpsNREL: Supporting Start-Ups

November 3-5, Denver, COwww.cleanenergyforum.comMore than half of the companies that participate in the Forum have received funding (91/171)Raised $635.62M in cumulative financing within one year; $1.12B within two years of participating in the forumRaised more than $2.5 billion (as of August 2009) since giving their presentationsAdded 3000+ US jobsRealized $1 billion in salesNREL: Growth Forumcleanenergyalliance.comDenver, COIndustry Growth Forum

NREL: A Better Resource for Start-UpsInternal educationExternal support: Growth ForumExternal support: Accelerator

National Renewable Energy Laboratory Innovation for Our Energy FutureNREL: A Better Resource for Start-UpsInternal educationExternal support: Growth ForumExternal support: AcceleratorExternal outreach: me in Stockholm!

THANK YOU

National Renewable Energy Laboratory Innovation for Our Energy Future

Operated for the U.S. Department of Energy Office of Energy Efficiency and Renewable Energy by the Alliance for Sustainable Energy, LLC

Visit us online at www.nrel.gov

Tod.Perry@nrel.gov303-275-3673

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