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Space Energy Newsletter February 201019-Feb-2010In This Issue:Space Energy Progress Report:
Featured Video & PodCast:
Industry News
Space Energy Progress ReportImportant developments this month come from all sides of the company and the industry as 2010 continues to be a momentous time for the Space Energy Group. With no let up in the level or pace of progress reported since our previous edition, February sees more high quality additions to the team, board of advisors and industry partners, together with significant global announcements in both the SBSP and clean energy fields. Dr. Feng Hsu’s Latest Event InvitationsFollowing last months major announcement that Dr. Feng Hsu had joined our Operations Management team, we are pleased to convey exciting developments directly related to his new position, including future international events where he is uniquely qualified to speak on behalf of Space Energy. Dr. Hsu, has been invited to speak at the very prestigious, highly publicised Next-Gen Energy Expo, (together with new BOA member, Prof. Gustav Grob – see below). This event was originally envisioned and created by internationally acclaimed producer Steven Zukerman, whose passion for environmental issues began at a young age. The Next-Gen expo will be held in Florida, and features two days of insightful seminars which aim to educate and stimulate participants about the changes in new energy, and motivate new solutions for the planet’s sustainability. To read more about the up and coming Next-Gen events, please click here. Furthermore, Dr. Hsu has also been invited to be on the panel for a discussion regarding Future Energy Alternatives at the Clean Tech Forum to be held in Paris during April this year. The long-standing annual forum will focus on evolving Clean-tech technology and resource efficiency, as we move into an era that drastically requires the need of such development. To read more about the Clean-Tech Forum in Paris, please click here. We are very proud to have Dr. Hsu representing Space Energy at such high profile events. For a full list of other events in which Dr. Hsu will be attending or guest speaking, please see below or click the calendar link now our website. The APRA-E energy conference in March 1st to 3rd in DC The CleanTechForum in Paris in April (invited panel speaker in SBPS) The China Solar Energy Conf. in Nanjing, Jiangshu province, in early November The NextGen world Froum in FL in May (invited speaker by founder Steven Zuckerman) The ISDC 2010 in Chicago in late May (invited speaker) Space Energy Reports from the World Future Energy SummitOur Board Member and Senior V.P. of Operations in the Middle East, Fadi Khoury recently had the pleasure of attending the official opening ceremony of the World Future Energy Summit in Abu Dhabi, where he represented Space Energy and engaged with various high profile figures such as Prince Albert II of Monaco. Fadi also had the great opportunity to update Dr. Sultan Al Jaber, CEO of the Masdar Initiative on developments with Space Energy as well as speaking with The President of Iceland Mr. Olafur Ragnar Grimsson and Switzerland Ambassador Mr. Wolfgang Amadeus Bruelhart, who had requested a meeting personally to discuss the over arching missions and objectives of Space Energy. The World Future Energy Summit (which was mentioned in our last newsletter), has established itself as the premier platform and showcase for sustainable future energy solutions, and provided the perfect stage for Space Energy to be able to discuss our unique role in championing the solution to our collective goals on an international scale.   Renewable Energy Expert Joins our Board of AdvisorsWe are pleased to announce a very valuable addition to our Board of Advisors, renewable energy expert Dr. Gustav Grob. Dr. Grob is widely recognised as the ‘Father’ of clean energy, having pioneered the term several decades ago. A world expert on renewable energy, he has been a key speaker at a number of historically significant environmental conferences including the UN Climate Conference in Rio de Janeiro (1992) and the International Conference for Renewable Energies in Bonn (2004). He is the President of the International Clean Energy Consortium (ICEC), which he co-founded shortly after the 2nd World Climate Conference to respond to the urgent need for a clean, sustainable energy economy. Dr. Grob is also Vice-President of Hymobil AG or commonly know as ‘clean vehicles’, Board Member of International Energy Foundation (IEF), Board Chairman of the Investment Fund Inc. Blue Planet and Chief Editor of Blueprint for the Clean, Sustainable Energy Age. Click Here for Dr. Gustav Grob’s full bio. We take this opportunity to welcome Dr. Grob, we are very pleased to have such a renowned renewable energy expert on Board with Space Energy! Brent Barker Joins our Space Energy Terrestrial TeamWith all the momentum of our recent Space Energy Terrestrial Project progress, we felt it necessary to expand our team with the important addition of Brent Barker as our new Senior VP of Strategic Communications. With 25 years of experience in marketing and strategic business planning, as well as a respected speaking engagement resume at financial forums worldwide, Brent Barker has cultivated a deep knowledge of international marketing coupled with successful relationship-building among internal and external stakeholders. As senior vice president of Emerging Markets of North America, specializing in the acquisition, development and marketing of large condominium-conversion properties, he was responsible for $500 million in investment properties marketed during a five-year time span. His position included developing relationships with banks, capital groups, developers and investors. In addition, Brent built marketing organizations in China, Japan, Canada and Europe with International Realty Plus in the position of Canadian Franchise Director. To read Brent’s full bio please click here. On behalf of Space Energy, we would like to welcome you to the team Brent! FEATURED PODCAST (Dr. Feng Hsu)This month our featured Podcast is from Dr. Feng Hsu, who was interviewed by Elaine Smitha on Progressive Radio Network this week. Dr. Hsu discusses his new role with Space Energy while providing a technical overview of SBSP, the challenges the industry faces and the benefits that this technology can provide on a global scale.To Listen, click here. FEATURED VIDEO (George Friedman)In this short video, George Friedman (Founder of Stratfor, private intelligence agency) discusses his new book ‘The Next Hundred Years,’ in which SBSP features as a dominate force for energy production for the future and how the United States will play a major role in becoming the fundamental energy centre for the world.To watch this video, please click here. INDUSTRY NEWSInternational Race for SBSP intensifiesFollowing Japan’s recent announcement of their intention to be the first country to develop an operational Space Based Solar Power system, (featured in our November newsletter), and the world’s first power purchase agreement for Space Based Solar Power recently signed in the United Sates, both Europe and Russia are now adding their weight to the international race for SBSP. Last month Europe’s largest aerospace company, EADS Astrium, announced their intention to develop Space Solar Technology with plans for a low orbit demonstrator underway. (Click to read more) Meanwhile, the Russian science news agency, Informnauka, claims that leading scientists in Russia are focusing more attention on solar energy including the creation of space solar power plants. The experts believe that in order to address the issues of a future energy crisis and to keep up with the developed countries, Russia must begin along the path of SBSP development starting ‘today’. They state that a control system to operate automatic spacecrafts should be developed, as it will allow an integrated antenna field of single satellites to be utilized. (Full article in Russian click here) With Space Energy positioned at the forefront of what is now clearly an international effort to develop SBSP, we welcome these recent announcements along with the opportunity to develop international collaboration around what is quickly being recognized as a viable, if not inevitable, future energy solution. We also feel that it should serve as a beacon to other nations that the promise that SBSP offers is very real and countries who are quick to embrace the potential could well play a major part in securing their place in the new energy economy of the 21st century. NASA’s Future Budget Plans (with commentary by Dr. Feng Hsu)In another significant industry announcement this month, NASA have released their new budget with the Obama Administration imposing “a more sustainable and affordable approach to spaceflight through the development of transformative technologies and systems.” The revised budget which includes the termination of the Constellation Spaceflight Programme, which aimed to send Americans to the moon by 2020, has been replaced with a focus on commercial launching capabilities and a healthy cash injection of $6 Billion over 5 years, - This proves to be fantastic news for the private launch industry and ultimately SBSP development. Dr. Feng Hsu our Senior V.P. of Systems Engineering & Risk Management provides his commentary below.  “As a former NASA expert for many years, I like what I have read about the C. Bolden budget speech, and especially like these key words that he repeatedly used in explaining about the president’s bold and new budget plan for NASA, such as the “transformative technology”, “trailblazing” and “game changing” technologies etc. What makes me so proud, is that many of the key points of changes in NASA’s strategic direction and programs as elaborated in Bolden’s speech (or in the President’s budget plan) are extremely in agreement with what I and other visionaries have advocated over the years from within NASA. The only thing his speech falls short of my expectations was no mention of words about the needed reforms of the space agency itself regarding the way it does business as usual, which was a key reason rooted deeply in the old paradigm of how the space agency has been governed and managed, and so many programs had been repeatedly created and canceled, and therefore wasted billions, since the dawn of the space race. Meanwhile, this was also one of the critical view points analyzed in my space policy paper (Sustainable Space Exploration & Development – A Unified Strategic Vision) of which I co-authored with Dr. Ken Cox with the inspiration and enthusiastic support from our living space legend Dr. Buzz Aldrin nearly exactly one year ago. (To review that paper, please click this link). http://www.atwg.org/public/UnifiedSpaceVision_Approved_V_2.1.1_March29.pdf If we are not truthful to this issue or to ourselves, we might end up seeing yet another “direction change” for the space agency in our nation’s long space journey down the road! Nevertheless, we must celebrate and let’s cheer about the bold changes and new vision the administrator and the president have now directed for NASA. We are excited about this budget plan, which is really the beginning of a promising era which allows NASA to play a critical role in supporting and incubating the commercial space industries, especially help the entrepreneurial and innovative space sectors which should greatly add to this nation’s strength and competitiveness in the transformative era of the sustainable global economic development. We, as an entrepreneurial space business in the forefront of developing “transformative” and “gaming changing” solar energy technologies from the space & terrestrial frontiers, are well positioned to thrive for unprecedented successes in the exciting times ahead. Indeed, I am so glad that I have decided (ahead of the Bolden announcement) to leave NASA and take on more challenges as the Sr. VP of the Space Energy Group and leading the effort to develop the world’s first SBSP flight demo system. I just can’t imagine there are any better jobs out there that are more challenging, more “transformative” and “game changing” than engaged in the development of space-based solar power satellite systems.” To read the statement released by Charlie Bolden, the NASA administrator, please click this link, or to listen to the podcast, please click here. NY Times: China Dominating Global Race to Make Clean EnergyFollowing last months announcement by President Obama that China was now leading the world in the race to develop clean energy technology, a recent New York Times article now claims China has become the worlds largest manufacturer of wind turbines – another prominent leap above global competitors in the Clean Tech race. This in conjunction with their clear dominance in the solar technology and manufacture reinforces the desire for China to dominate the renewable energy market.Not only will ‘green jobs’ be increased dramatically (reaching 1.12 million!) but China also intends for wind, solar and biomass energy to represent at least 8 percent of its electricity generation capacity by 2020. Coal will still represent two-thirds of China’s capacity in 2020, and nuclear and hydropower most of the rest. Please click here for the article. Deutsche Bank Promotes Investing in Climate ChangeThis article by RenewableEnergyWorld.com details the efforts of Deutsche Bank in educating their customers on the benefits of investing in companies that have Climate Change and Sustainability at the heart of their strategy. Market analysts at the world renowned bank believe that this growing trend holds promise on delivering profitable returns; not only because of Governmental mandates and polices that are now emerging, but also because of national security concerns and a much needed boost for economic recovery. Please click here for the article.
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