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Comment by J Jay Pirko 1 day ago

Notice to Entrepreneurs in the New Energy Economy:

ADVANCED-ENERGY BUSINESS INCUBATOR IN WARREN, OHIO

The Youngstown-Warren Ohio region (in northeast Ohio and western Pennsylvania) is a hotbed for Green Energy technology and business opportunity.

The Youngstown Business Journal published this article, another example of their outstanding business news coming from the Youngstown region. (I strongly recommend subscribing to the Youngstown Business Journal daily news broadcasts, and in-depth printed newspaper.)

- James Jay Pirko
OH-17 District Leader


NorTech to Help Launch Warren Incubator
-- 12/15/2009
Dec. 22, 2009 6:48 a.m.
By Dennis LaRue
WARREN, Ohio -- Possessed of a vision and fortified with $2.7 million in federal and state grants and another $1.7 million in private funding, a steering committee of 26 will, over the next 10 months, work toward the birth of an advanced-energy business incubator downtown.

Midwife to this birth is Rebecca O. Bagley, president and CEO of NorTech, a consulting firm based in downtown Cleveland whose tagline is “Growing Northeast Ohio’s High Tech Economy.”

Bagley, U.S. Rep. Tim Ryan, D-17 Ohio, state Sen. Capri Cafaro, D-32 Hubbard, state Rep. Tom Letson, D-64 Warren, and Mayor Michael O’Brien, outlined their vision Monday of what such an incubator might achieve in the fields of “advanced energy and flexible materials.”

Long on optimism and short on specifics, the four expressed hope the incubator will rejuvenate manufacturing in Mahoning Valley through infant enterprises that one day produce parts for windmills, geothermal, solar and nuclear energy plants and sources of energy other than petroleum, coal and natural gas.

“Four hundred tons of steel go into a windmill,” Ryan noted.

Bagley offered a number of people she expects would be employed in the incubator -- “50 to 70 jobs” – rather the number of companies that would be housed there.

“We have done some market testing,” she said later, reporting that “450 firms” in the region are interested.

The incubator is incorporated as a 501(c)3 nonprofit organization that will be funded by both the public and private sectors.

The site of the incubator, whether it will be a converted building or a brand-new structure, and its design all must be worked out, to be determined by the steering committee that includes “nine CEOs or CEO-level executives,” Bagley said.

Mike Garvey, president of M 7 Technologies, Youngstown, and William Letson, president of the Trumbull 100, were present at yesterday’s press event in Ryan’s Warren office. So, too, were leaders from organized labor such as Gary Steinbeck, Sub-District 1 director of the United Steel Workers of America, and Mark Catello, business manager of Local 573 of the International Brotherhood of Electrical Workers.

Tony Iarusso, executive director of Warren Redevelopment and Planning, “will be involved,” O’Brien promised.

“Our role is facilitation,” Bagley said, “walking the steering committee through the process.”

The steering committee will look closely at the Youngstown Business Incubator, which Ryan called “a successful model [that will help the committee] avoid landmines.” He praised its success, noting it has earned national attention and, he hopes, the Warren incubator will too.

O’Brien voiced great optimism about the incubator, which in conjunction with the main campus of Eastern Gateway Community College to be established in Warren, should boost his city’s economy. Bagley and Ryan expect a partnership will develop between the community college and incubator.

“From North Park [Avenue] to Main Street,” O’Brien predicted, “within the next year, all [vacant buildings] will be filled.”

After nearly 30 years of neglect from Washington and Columbus, he rejoiced in the funding for the incubator and the development of the community college campus.

O’Brien pronounced himself “thoroughly impressed by the connectivity” of the Ohio House of Representatives, Ohio Senate and Congress that allowed the public funding of the incubator.

Before founding NorTech, Bagley served as deputy secretary for the Technology Investment Office of the Pennsylvania Department of Community and Economic Development under Gov. Ed Rendell, says the biography provided by NorTech. There she “was responsible for the administration of several major state programs and initiatives, including the Life Sciences Greenhouse Initiative, the Ben Franklin Technology Partners, the Keystone Innovation Zone program, the research and development tax credit program and the manufacturing strategy.”

In that role, she managed “more than $1.7 billion in investments for Pennsylvania.”

Before that she was an investment banker in New York City where she was involved in oil and gas mergers and raising capital for various energy ventures.

She earned her baccalaureate in marketing at the University of Colorado at Boulder.

Copyright 2009 The Business Journal, Youngstown, Ohio.

Comment by John R Cogar, Oregon 2nd. Congressional District Leader on December 4, 2009 at 11:09am

However today I sent a letter to Boone asking for his help in locating a Commercial wind turbine for an Community College here in Oregon that trains students to become wind energy technicians...

This is the letter:

Dear Mr. Pickens,

I am the Second Congressional District chairperson for your group here in Oregon. I have a webpage based on using renewable energy resources for economic development for my area. A Community College here in Oregon has a program educating its students to be wind turbine technicians.. The turbine they have now is over 20 years old and outdated. Vestas has donated a hub to the college but they need to update the rest of the systems and have a small grant to help cover some costs of getting a newer machine.


They are looking for something that has perhaps been damaged somehow that might still be serviceable for their educational purposes that they could buy or that would be donated to them....



Kind of a long shot, but thought you might like to be involved in finding that turbine.. It would be some great publicity for the Pickens Plan if we could be of assistance.



Sincerely,

John R Cogar


If anyone here has any information about locating a turbine please contact me at jc@sustainablelakecountyoregon.com

Comment by James Lutz on November 15, 2009 at 12:05pm

Has anyone here heard of research on a "mag-rail" system? This meaning using a linear stator engine similar to mag-lev, but using rails to support the weight, rather than levitation. This should mitigate the high wattage use of mag-lev technology, especially with freight.

The biggest obstacle I see is the rails being affected by the magnetic fields. They may experience extra stress and current induction (increasing power loss) if they are metallic.

One benefit to this is a stationary power source, which means no refueling, not hauling fuel, and choice of generation method. The transmission losses can be mitigated by setting up small power plants (such as wind, solar, hydrogen, and natural gas) along the rails. It also offers the benefits of central control.

Comment by William Kanjorski on October 19, 2009 at 10:02am

Hey Micheal,William Kanjorski,just a quick comment to remind you not to forget about me.I still need capitial for my A.F.H.G.

Comment by Michael on October 14, 2009 at 4:43am

CAPITAL AVAILABLE TO DEVELOP ENERGY PROJECTS WORLDWIDE.
For details contact me at: michael@wantedpatents.com or
send your contact info at www.wantedscientists.com
Michael

Comment by Michael on October 14, 2009 at 4:18am

George Soros to Invest $1 Billion in Green Energy
Posted by: Mark Scott on October 12

The upcoming climate talks in Copenhagen are less than two months away, and everyone is looking to throw in his/her two cents. On Oct. 10, it was billionaire George Soros’ turn to get in on the act. Giving a speech in Denmark, the man who famously ‘broke the Bank of England’ in the early 1990s now plans to invest $1 billion in clean energy technology. Another $100 million — doled out in $10 million increments annually over ten years — will fund the newly-created Climate Policy Initiative, a foundation targeted at environmental policy.

That’s a sizeable amount of cash, though Soros didn’t specify where the $1 billion would be spent other than saying ‘stringent conditions’ will be used to evaluate potential investments. And in an ironic twist, Soros, who made a sizeable chunk of his fortune through currency speculation, put his support behind carbon taxes, not cap-and-trade systems. His reason? Financial investors can too easily manipulate carbon markets.

Soros is wise to keep his cards close to his chest. With so much money on the table, potential deals could be given a ‘Soros premium’ if the billionaire focuses on a too-narrow clean energy brief. But some of his likes/dislikes are already known. Soros, for instance, has invested in clean coal technology, including Portsmouth (NH)-based Powerspan Corp that specializes in carbon capture technology.

Yet before we start speculating too much on where Soros will spend his cash, a word of caution is merited.

Other high-profile figures, such as T. Boone Pickens, have made similar promises of multi-million dollar investments. Often, though, their plans have come to nothing. That obviously doesn't mean Soros won't go ahead with his $1 billion scheme. But until concrete plans are announced, I'll reserve judgment. As Rod Tidwell (from Jerry Maguire fame) once said: 'show me the money.'

Indeed, the more important figure -- for me -- is $25.9 billion. That's the amount of money invested in green energy projects in the third quarter of 2009, according to New Energy Finance. After a shaky start to the year, investors are now more willing to fork out for clean energy projects. The gradual thawing of the credit markets certainly has helped. So have government-sponsored funds -- like renewable feed-in tariffs or other subsidies for green technologies -- that were included in global stimulus packages.

So with investment returning to the sector, maybe Soros has picked a good time to buy in. Other investors will keep a close eye where he puts his money.

Comment by Gary Fosburg on September 24, 2009 at 12:54pm

If the Pickens plan (which I support) supported a National Energy Lottery (see blog below) proposal and the 4 million followers donated 5 bucks a week for this Energy Raffle, there would be 800 winners a week or 41,600 winners a year
of a $25,000 voucher good only for Renewable products, ie; solar, wind, hybrid, energy green appliances, etc...and be fully transferrable as well. Take advantage of the Fed's energy credit and it would buy around $32,000 worth of Green product/s.

If the Pickens Plan ran this program and retained 10% for operations, not only would it generate further income for the cause but the donators would have some fun with the potential of winning this voucher and 25,000 to 1 odds. Better than a money lottery that doesn't promote going green.

At $20,000,000 a week @ 10%, that's $2,000,000 for the Pickens Plan for operations. Would certainly be enough for expanding the mission. That's over a Billion for the year! Maybe take that money and invest in a windmill anufacturing company that is owned by the workers. Spread the prosperity and have it Made in USA by the owners/workers.

Comment by allen bauman on August 28, 2009 at 4:52pm

If Carolyn McCarthy is your Congresswoman please add district group NY-04 to your list of groups.
Fall will be here soon and we know where the politicians will be.
We need to be organized and available in larger numbers to get our message across. Please join District Group NY-04 today!!!!!!
Allen Bauman
District Leader NY-04

Comment by Gary Fosburg on August 27, 2009 at 4:30pm

Road power 2 page businessplan 8-21-09b.pdf
Hi William. No, I didn't take it as such. I welcome a "devils advocate" approach so I can address each and every situation. When you read about Road Power, the embedded hose idea is now being replaced by a flush plate. UK has a prototype of same concept and I'm in discussions with them about their system.

Comment by William Engwer on August 27, 2009 at 10:34am

Gary, I certainly don't intend to seem negative or unduly critical of your Road Power system. I like the idea that you can recover energy from vehicles normally wasted and dissipated as heat under braking. I'm only applying the same approach I try to use in evaluating my own ideas, to look for any possible weakness or impracticality and try to address it, being brutally honest. Sometimes, I've seen enough reasons to discontinue work, and sometimes I've seen doorways I hadn't considered that made a given idea better.

If 1 million units power 3 million homes, then one unit can provide electricity for 3 homes. How many KW hours are you figuring for your base or average household load? What is your installed unit cost, and cost per KWhr compared to other generating options?

I live close to an interstate that is a major commute route into and out of Atlanta. Traffic is normally stop and go in each direction for about 2 hours weekdays. The afternoon commute time in summer is one of the highest electrical load times here, as the houses have been heat soaked all day, and all the AC units are running flat out. Does your system respond simply to the weight of a passing vehicle, so it would be effective to offset this peak demand, or is it dependent on a minimum vehicle velocity? WCE

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