Published in 1859, 'A Tale of Two Cities' by Charles Dickens is a historical novel that contrasts the lives in London and Paris during the late 18th century. The story revolves around characters such as Charles Darnay, Sydney Carton, and Lucie Manette, each dealing with love, sacrifice, and the profound societal changes brought about by the French Revolution. The novel critiques both the conditions leading up to the Revolution and the Revolution itself, highlighting themes of resurrection, sacrifice, and the potential for positive change. Dickens's vivid portrayal of the social disparities and political unrest of the era, along with his iconic opening lines, 'It was the best of times, it was the worst of times,' make the novel a compelling exploration of human resilience and societal issues[3][4][5].
In the third and final special episode recorded live from the ACORE Finance Forum, host Ed Crooks and regular guest Amy Myers Jaffe talk to industry leaders to explore some key issues in renewable energy technology and finance.
Amy starts the episode by speaking with David Ulrey, CFO of Fervo Energy, an innovative geothermal startup. David shares insights into Fervo’s projects, including their initial commercial pilot in Nevada and the ambitious 100-megawatt development in Utah. They discuss the challenges and successes of pioneering next-generation geothermal energy, the potential for the technology to offer clean, reliable power across the US, and the evolving landscape of financing structures in the industry.
Ed then sits down with Mona Dajani, global co-head of Energy, Infrastructure and Hydrogen at the law firm Baker Botts. Mona provides an expert perspective on the shifting sands of energy dealmaking amidst political and economic uncertainty in the US. She highlights how companies are rapidly pivoting their strategies, shifting from green hydrogen to alternative technologies or repurposing sites for data centres, and discusses why global markets remain committed to clean energy despite changing US policy priorities.
Later, Ed and Amy speak with leaders from businesses supported by ACORE’s Accelerate programme. Amy talks with Tonya Hicks, founder of Power Solutions Inc, who shares her inspiring journey as a woman entrepreneur in electrical contracting and renewable energy. Tonya stresses the importance of resilience and adaptability in the face of policy volatility and argues that the industry’s momentum will continue despite political shifts.
Ed also speaks with Jennifer Rouda, CEO of 7Skyline, who discusses the unique challenges faced by tribal governments in the US pursuing renewable energy projects. Jennifer highlights the critical role of bridging finance and impact investors as federal funding becomes less predictable.
Finally, Ed and Amy wrap up with a comprehensive conversation with Ray Long, President and CEO of ACORE. Ray summarises key themes from the forum, including the industry’s concerns about the abrupt potential removal of energy tax credits and the urgent need for viable alternative financing mechanisms. He underscores the economic and environmental impacts of current legislative uncertainty and outlines the future resilience strategies the clean energy industry may adopt.
This concludes our three-part series from the ACORE Finance Forum. We'll be back in two weeks, resuming regular coverage of all the latest developments and discussions shaping the energy transition.
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