Page 249 - BWM March 2013

March 2013 | Business World Magazine | 249
ing structures, and the electrification of our
transportation sector continue to present
challenges as well as opportunities to the
power generation sector which is tasked
with delivering state-of-the-art and reliable
service.
TRANSPORTATION FOR
TOMORROW
ACORE’s Transportation Initiative aims
to provide a forum in which to discuss the
vision and strategy for tomorrow’s renew-
able transportation sector, encompassing all
technologies and principal constituencies:
vehicle and equipment manufacturers, en-
ergy providers, technology developers, com-
ponent suppliers, government agencies, cit-
ies and ports and end users. The Initiative is
structured around several forums occurring
throughout the year that will unite major
players in the industry to discuss specific de-
velopments in the field that will ultimately
result in an overarching strategy to guide the
Initiative into the coming year. This multi-
part forum series will examine economic, en-
vironmental, and security-related challenges
and opportunities driven primarily by the
growth of automotive, transit, goods move-
ment and aerospace fleets. The Initiative will
take a “30,000 foot view” of the issues and
explore the intersection between fuels, in-
frastructure and technology. Discussion will
engage all aspects of transportation as they
relate to fuel efficiency, electric power, natu-
ral gas and fuel generation from renewable
sources, including integrative design, IT-
based solutions, and construction of infra-
structure, finance, supply, and operation of
transportation services worldwide.
ACORE members involved in the Initia-
tive encompass all sectors of transportation
from sea, air and land. A broad array of tech-
nologies will be discussed, including clean
diesel, natural gas, electric, biofuels/flex fu-
els, batteries and fuel cell technologies.
RENEWING
UNDERSTANDING OF
RENEWABLE ENERGY
In recent years, the renewable energy in-
dustry has experienced a period of record-
breaking growth. Solar installation is soaring
across the country, growing 109% in 2011.
Wind energy is cost-competitive in many
parts of America and grew 27% in 2011, cre-
ating an opportunity for the U.S. to compete