We’re on the Clock!
2040 is just around the corner and achieving NewEnergy2040 objectives; given an original start date in 2019, would have been extremely challenging, but I think possible. Unfortunately we’ve lost some valuable time because of the COVID lock-ups, and we could lose a lot more now because of the current Administration’s war on conventional energy sources. With that said, 2040 is no longer feasible, but the 2040 decade still is. Whatever the starting point I believe the NewEnergy2040 objectives could still be accomplished in 21 short years? The following is a high-level schedule that could help to guide the progress and get it done whenever the train is ready to leave the station:
Years 1 and 2:
- Introduce NewEnergy2040 strategies to stakeholders,
- Begin processes for endorsement and acceptance. This will include dialogue with and between governmental agencies, private industry and other key stakeholders to facilitate formation of the executive alliance,
- Determine approvals (legislation, rules, regulations) that will be required,
- Determine the desired corporate model and organizational structure and begin applicable plans for formation and incorporation.
- Begin formation of the executive and R&D alliances
Years 3 and 4:
- Finalize the executive alliance and elect a chairperson who will, in essence, become the CEO,
- Complete formation of the R&D alliance, finalize R&D funding mechanisms, and begin acquiring R&D funding,
- Establish standard operating processes and procedures for the alliances and any other entities that may evolve from NEA2040 actions,
- Begin development of any required legislation, rules, or regulations,
- Complete formation of current technology alliances for oil, coal, gas, nuclear and renewables,
- Complete formation of the new energy alliance,
- Establish processes for obtaining technology proposals and develop rigorous screening and selection criteria,
- Begin receiving and evaluating technology proposals,
- Begin interfacing with external public and private stakeholders
- Finalize incorporation plans including development of the methodology for quantifying the value of participation in respective alliances and the translation of that participation into holding company and/or subsidiary ownership.
Years 5 and 6:
- Complete evaluations of technology proposals,
- Select and approve best technologies for respective energy sources,
- Develop R&D plans for selected technologies and begin required R&D,
- Finalize legislation, regulations, etc. and obtain required approvals from relevant government and regulatory agencies.
Years 7 through 11:
- Complete required R&D for selected technologies,
- Form design and engineering alliances for each respective technology,
- Develop design and engineering plans, obtain participants for the design and engineering phase, and begin design activities,
- Begin site selection.
Years 12 through 15:
- Complete necessary design and engineering of conceptual (and R&D vetted) technologies,
- Finalize site selection and approval and develop construction plans for each respective design,
- Finalize the approach for project management and construction,
- Obtain competitive bids for the construction phase or form construction alliances as the case may be.
Years 16 through 21:
- Implement construction campaigns for each respective design,
- Complete pre-operational and start-up testing as required,
- Begin operation of improved and advanced technologies constructed at one or more coal, gas and nuclear facilities, respectively,
- Begin operation of at least one new energy facility,
- Develop a 15 year construction schedule for additional facilities,
- Develop additional sites for each respective energy source and begin construction.