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Christensen Strategies CEO Aimee Christensen gives her outlook for the solar, wind, and nuclear industries.
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Will also -- The name rock and the White House and clean energy sector at the same time but what is the Green energy industry need to do.
To clean the slate -- -- support for itself in the wake of a growing scandal that has captured the nation's attention joining me now.
Amy Christians and she's -- -- global strategy CEO.
And a warm winning Green energy advisor we should say who has worked with -- President Obama and President Clinton on this very important -- Let's first talk about the lender because certainly that has been.
The president saying that this was the wave of the future taxpayers lose losing 500 million dollars.
Is this something that the solar in this.
-- -- -- -- -- Absolutely this is one company and a portfolio forty to 45 companies that have gone through this loan guarantee program.
And what was different Basilan -- it was a solar technology that didn't rely on silicon.
And so was an interesting innovative technology the government came in to provide some risk -- to allow for investment come in.
And the other solar technologies that we're seeing.
-- -- silicon both silicon prices have dropped dramatically and so overall the solar industry prices have dropped 37%.
In the last three years that's great news for the solar industry.
Bad news for company -- excellent draft that was working in a different technology space couldn't keep up those solar cost improvements so from my perspective the solar industry.
We need to continue keep doing what they've been doing which is bring those prices down continue to creep -- excited that's a you know investors have really were showing some of those stocks has really lost a lot of -- of particular a big name like for solar but what about women because when has been filling the same pressure.
And that hasn't really had the big scandal.
Frankly that the solar power industry has been at even the wind sector is under pressure from investors they're thinking.
That at the distribution models is don't work for these companies -- you so that they.
Yes I think what we're seeing is a really strong growth in the -- sector especially in states like Pennsylvania where you have strong state based policy to support the growth of renewable energy.
We saw there for instance with -- assets coming in from Spain and investing in the wake of governor Rendell is passing of this new renewable energy support for the industry.
She had 900 steelworkers who lost their jobs for the steel factory there.
Then domestic can men and they -- the bend steel to make wind turbines.
Which are going to be installed here in this country and export -- and GE and Siemens a couple of names that have been big in and wind -- but what about new click -- Because nuclear is the other kind of lesser known alternative and that nobody wants to talk about -- stigma regarding nuclear companies yet that seems to be the safer quicker.
Option for distribution now well you know you think -- suffer with nuclear industry it takes about ten years minimum for a nuclear plant to be built and given the costs that are coming down so quickly and solar and wind.
There are more concerns from the investors on the investment return basis they are worried more from a cost basis about nuclear yes sure public is concerned about waste issues -- security issues.
But from an investor perspective I think that's the biggest challenge of the nuclear faces right now any before I let go you're in town for -- Clinton global initiative is the big I mean I mean it's always overshadows you when we grilling this makes as it can be -- pretty powerful people there but now receiving an award him and -- White -- -- where it.
So I'm receiving the Hillary institute award from my work on climate solutions which is in this clean energy space so basically I do a lot of work with companies around the world to support their leadership.
Companies like Coca-Cola and duke energy and Dow Chemical and all these companies you wouldn't expect to be leading on climate change and yet there they are leading to invest because they're finding.
Really cost effective returns on investment they're saving money.
And they're creating jobs have been and it's a business that managed to -- on reducing pollution as I can't of my work Duke Energy as it's and that's -- your clients they've been combined in Poland right now and I need they can I think I have congratulations on the award in.
A very astute at crowd are going to be mingling with this -- -- the Clinton we're looking forward to it -- analysts -- Amy thank you very thank you.
