Micropower: The Next Electrical Era

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92 MICROPOWER: THE NEXT ELECTRICAL ERA NOTES 93 127. Holman, op. cit. note 37; Appendix B based on ibid., on Ariane Sains, “Energy Adventure,” Tomorrow, January/February 2000, on “More Capital for Renewable Energy on the Horizon,” , viewed 10 April 2000, and on websites of and e-mails from companies. 128.F. M. Scherer, New Perspectives on Economic Growth and Technological Innovation (Washington, DC: British North American Committee/Brookings Institution Press, 1999); Leibowitz, op. cit. note 1; Clemmer, Paulos, and Nogee, op. cit. note 116; Christopher O’Leary, “VC Industry Goes Hunting for Gold in Utilities Mart,” Investment Dealers’ Digest, 6 December 1999. 129. Alissa Leibowitz, “Nth Power Fund Expects First Close,” Venture Capital Journal, January 2000; Ken Yamada, “Funding from the Nth Power,” Redherring.com, 14 February 2000; O’Leary, op. cit. note 128; Figures 5 and 6 from Nth Power Technologies, Stanford Business School, and Venture Economics, as used in Holman, op. cit. note 37. 130. Shaw, op. cit. note 2; Shaw, op. cit. note 13. 131.Holman, op. cit. note 37; Mark Golden, “Power Points: Electricity Industries, Wall Street Clash on Fuel Cells,” Dow Jones Energy Service, 21 January 2000; Stanford Graduate School of Business, “Microsoft’s Steve Ballmer Says the Internet Is In Its Infancy,” press release, 15 February 2000. 132. Yamada, op. cit. note 129; Sains, op. cit. note 127. 133.Daniel M. Kammen and Michael R. Dove, “The Virtues of Mundane Science,” Environment, July/August 1997; Nancy Wimmer, “Micro Credit in Bangladesh Introducing Renewable Energies,” Sustainable Energy News, February 1999; “Grameen Shakti: Development of Renewable Energy Resources for Poverty Alleviation,” , viewed 14 March 2000; Martinot, Cabraal, and Mathur, op. cit. note 108; Eric Martinot, “Renewable Energy Markets and the Global Environment Facility,” Financial Times Energy Report, February 2000. 134.Martinot, Cabraal, and Mathur, op. cit. note 108; Table 12 based on ibid. and on “More Capital,” op. cit. note 127. 135.Martinot, Cabraal, and Mathur, op. cit. note 108; Martinot, op. cit. note 133; Kammen and Dove, op. cit. note 133; “World Bank President Pushes Renewables To Address Supply Issues in Developing World,” International Environment Reporter, 15 March 2000. 136. Scherer, op. cit. note 128. 137. Joseph Kahn, “Attack on ‘Digital Divide,’” International Herald Tribune, 15 February 2000. 138.Clemmer, Paulos, and Nogee, op. cit. note 116; Joel N. Gordes and Jeremy Leggett, Electrofinance: A New Insurance Product for a Restructured Electric Market, REPP Issue Brief No. 13 (Washington, DC: August 1999); Matthew S. Mendis, Financing Renewable Energy Projects: Constraints and Opportunities (Silver Spring, MD: Alternative Energy Development, July 1998). 139. Nakicenovic, Grübler, and McDonald, eds., op. cit. note 34; Paul Gompers and Josh Lerner, The Venture Capital Cycle (Cambridge, MA: MIT Press, 1999); Kammen and Dove, op. cit. note 133; “Adventurous Venture Capital,” Economist, 27 May 2000; “Money to Burn,” Economist, 27 May 2000. 140. Bower and Christensen, op. cit. note 14; Clayton M. Christensen, The Innovator’s Dilemma: When New Technologies Cause Great Firms to Fail (Boston: Harvard Business School Press, 1997). 141. Bower and Christensen, op. cit. note 14. 142. Shaw, op. cit. note 13. 143. Hughes, op. cit. note 3. 144. Shaw, op. cit. note 13; Worldwatch estimates based on R.M. Heavenrich and K.H. Hellman, Light-Duty Automotive Technology and Fuel Economy Trends Through 1999 (Ann Arbor, MI: U.S. Environmental Protection Agency, September 1999), on Standard and Poors’ DRI, World Car Industry Forecast Report, Decemer 1999 (London: 1999), on US DOE, EIA, Electric Power Annual, Volume II (Washington, DC: December 1999), on American Automobile Manufacturers Association, World Motor Vehicle Data, 1998 Edition (Washington, DC: 1998), and on Richard Munson and Tina Kaarsberg, “Unleashing Innovation in Electricity Generation,” Issues in Science and Technology, spring 1998. 145.“More Power From Off the Grid,” Industries in Transition, June 1999; Business Communications Company, Small-Scale Power Generation: How Much, What Kind (Norwalk, CT: July 1999); “Allied Sees Enormous Opportunities for Renewables-Assisted Fuel Cells,” Solar & Renewable Energy Outlook, 27 August 1999; Iannucci, op. cit. note 12; Ackermann, Andersson, and Söder, op. cit. note 35. 146. Patterson, op. cit. note 6. 147.Gordon, Chaisson, and Andrus, op. cit. note 88; David Moskovitz, Profits and Progress Through Distributed Resources (Gardiner, ME: Regulatory Assistance Project, February 2000). 148.Smeers and Yatchew, eds., op. cit. note 88; Reicher, op. cit. note 96; Jerry Useem, “Internet Defense Strategy: Cannibalize Yourself,” Fortune, 6 September 1999; Golden, op. cit. note 131. 149.NRC, Board on Energy and Environmental Systems, Committee on

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