We understand the studies must be completed. That is not the issue. The issue is the length of time that these various agencies have to respond to the application making it nearly impossible to get a system on line in a reasonable amount of time. I would think that there should be a simple process that we undertake with a single agency. Dealing with requirements from city, country, state and fedral agencies is very expensive and at times contradict one another regarding the law.
As a direct result we are forced to get back in line with another federal agency and start the entire process all over again. This is what kills innovation. My investors are not going to sit on a project and tie up their capital for 10 years when there are easier ways to generate revenue.
The point that I was making is to draw attention to the bewildering array of agencies that must sign off prior to building. Regarding the environmental studies we passed with flying colors. Each agency has its own set of deadlines with strict limitations regarding processing applications.
You would be amused at the comments made by the DOE rejecting our application. We have some of the biggest names in American business working with us. For example there is Eaton Hydraulics and Cummins Generator. Engineering companies from right here in the United States. We developed a technology that works on inland rivers as well as the near shore oceans. There is little impact to the surrounding environment. I just do not understand how we could be rejected?
Based on the sound of things, collaboration with major companies like those listed, as well as repeatedly being denied a grant, means that some type of environmental impact assessment may not have been completed, or another standard due diligence. Have you received feedback as to why your grant was denied? I would venture that a $1 mil legal bill resulted from something of significance, not something trivial. Maybe some consultation would be valuable.
The last company who received just over half a billion dollars in the form of a grant was a solar company in San Jose, CA. They suggested that they might be able to provide power to nearly 25,000 customers with their solar technology. If one does the math, which would cost the US government trillions to advance a sustainable energy policy. Energy for about 3-4 hours per day is not sufficient. This is a clossal waste of money with little results or none.
We applied for grants on three separate occasions and were turned down each and every time. I suspected that we would not stand a chance of getting a grant. We do not have lobbyist in Washington, DC that will champion our technology. Instead we award a half a billion dollars to a Chinese company to build wind turbines and another half a billion goes to a Spanish company who has an office in Portland, Oregon.
We will get in line just like everyone else to insure that we have the proper permitting to go forward. We would produce renewable energy for a lower cost than fossil fuels if we were not saddled with mountains of regulations. We cannot develop our ocean based energy or water purification technology simply because no one seems to understand how to license the technology. I am an American that has been forced to travel half way around the world to develop this technology further.
Secretary Steven Chu. You must know the cards are stacked against innovators like myself and others. We finally get funded and identify a project and find out the 600,000 legal bill is just the tip of the ice berg. We are looking at another 400,000 dollars in legal fees. This does not even cover the costs of endless studies that must be conducted by the who’s who of county, state and federal regulators. We simply do not have the millions of dollars required to go into business.
Please keep up the good work on EVs, Dr. Chu. It is an uphill battle and they are not yet economically practical . . . but the writing is on the wall since oil is a depleting resource.
Pres. Obama said that the reactor loans for Vogtle Station was just the beginning of the loans for developing a new generation of nuclear plants. But it now been almost a year and no more loans have been issued. Are more loan guarantees going to be issued? Did the Gulf spill delay new ones?
There is no more money for loans or anything else until the economy can generate more wealth. Productivity gains are maxed. How hard is that to recognize?
We understand the studies must be completed. That is not the issue. The issue is the length of time that these various agencies have to respond to the application making it nearly impossible to get a system on line in a reasonable amount of time. I would think that there should be a simple process that we undertake with a single agency. Dealing with requirements from city, country, state and fedral agencies is very expensive and at times contradict one another regarding the law.
brianmean 1 year ago
As a direct result we are forced to get back in line with another federal agency and start the entire process all over again. This is what kills innovation. My investors are not going to sit on a project and tie up their capital for 10 years when there are easier ways to generate revenue.
brianmean 1 year ago
The point that I was making is to draw attention to the bewildering array of agencies that must sign off prior to building. Regarding the environmental studies we passed with flying colors. Each agency has its own set of deadlines with strict limitations regarding processing applications.
brianmean 1 year ago
You would be amused at the comments made by the DOE rejecting our application. We have some of the biggest names in American business working with us. For example there is Eaton Hydraulics and Cummins Generator. Engineering companies from right here in the United States. We developed a technology that works on inland rivers as well as the near shore oceans. There is little impact to the surrounding environment. I just do not understand how we could be rejected?
brianmean 1 year ago
@brianmean
Based on the sound of things, collaboration with major companies like those listed, as well as repeatedly being denied a grant, means that some type of environmental impact assessment may not have been completed, or another standard due diligence. Have you received feedback as to why your grant was denied? I would venture that a $1 mil legal bill resulted from something of significance, not something trivial. Maybe some consultation would be valuable.
msu105 1 year ago
Comment removed
brianmean 1 year ago
The last company who received just over half a billion dollars in the form of a grant was a solar company in San Jose, CA. They suggested that they might be able to provide power to nearly 25,000 customers with their solar technology. If one does the math, which would cost the US government trillions to advance a sustainable energy policy. Energy for about 3-4 hours per day is not sufficient. This is a clossal waste of money with little results or none.
brianmean 1 year ago
We applied for grants on three separate occasions and were turned down each and every time. I suspected that we would not stand a chance of getting a grant. We do not have lobbyist in Washington, DC that will champion our technology. Instead we award a half a billion dollars to a Chinese company to build wind turbines and another half a billion goes to a Spanish company who has an office in Portland, Oregon.
brianmean 1 year ago
Comment removed
brianmean 1 year ago
We will get in line just like everyone else to insure that we have the proper permitting to go forward. We would produce renewable energy for a lower cost than fossil fuels if we were not saddled with mountains of regulations. We cannot develop our ocean based energy or water purification technology simply because no one seems to understand how to license the technology. I am an American that has been forced to travel half way around the world to develop this technology further.
brianmean 1 year ago
Comment removed
brianmean 1 year ago
Secretary Steven Chu. You must know the cards are stacked against innovators like myself and others. We finally get funded and identify a project and find out the 600,000 legal bill is just the tip of the ice berg. We are looking at another 400,000 dollars in legal fees. This does not even cover the costs of endless studies that must be conducted by the who’s who of county, state and federal regulators. We simply do not have the millions of dollars required to go into business.
brianmean 1 year ago
Please keep up the good work on EVs, Dr. Chu. It is an uphill battle and they are not yet economically practical . . . but the writing is on the wall since oil is a depleting resource.
speculawyer 1 year ago
Pres. Obama said that the reactor loans for Vogtle Station was just the beginning of the loans for developing a new generation of nuclear plants. But it now been almost a year and no more loans have been issued. Are more loan guarantees going to be issued? Did the Gulf spill delay new ones?
Lunargolfball 1 year ago 4
@Lunargolfball
There is no more money for loans or anything else until the economy can generate more wealth. Productivity gains are maxed. How hard is that to recognize?
DavidEdwardSchnell 1 year ago