The Charlotte region makes a play to be the nation's 'new energy capital'

1. The Charlotte region
makes a play
to be the nation’s
‘new energy capital’
Platinum Sponsor: Academic Partner:
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2. 2 | energy Inc. CHARLOTTE BUSINESS JOURNAL WEEK OF ApRIL 23, 2010
charlottebusinessjournal.com
K&L Gates is honored to be a supporter and Platinum Sponsor of the Energy, Inc. summit.
This summit confirms the rise of the Charlotte region as a national energy hub and
underscores the region’s vital role in our energy future, locally, nationally, and globally.
As a law firm with a global energy practice coupled with a significant and
long-standing Charlotte presence, we are proud to be associated with many of
the energy companies in this area, ranging from long-established companies to newer As our economy continues down the path of improvement,
enterprises and businesses recently expanding or relocating to this region.
energy is increasingly becoming a part of our everyday
K&L Gates salutes their efforts in achieving this national recognition for our region.
discussions. Clean energy, being green, and sustainability
are words we use in the workplace and at home.
Our firm is enthusiastic about the Charlotte region’s continued growth as a major energy
hub. As an international law firm with offices on three continents and broad experience in AREVA is pleased to participate in these energy discussions
multiple disciplines across the full spectrum of energy sectors, we look forward to playing and to offer solutions to our customers for nuclear energy
a prominent role in contributing to that growth. and renewable energy generation, including clean wood
biomass, offshore wind and concentrated solar power. These
Sincerely,
generation solutions will create jobs that will help our economy
The K&L Gates Team on this road to recovery, growth and prosperity.
Global legal counsel in 36 cities on three continents. The employees of AREVA are proud to be part of the growing
and prosperous Charlotte, N.C. business community and
many other communities around our nation. And we look
forward to making investments to support the resurgence of
nuclear energy and the growth of renewable generation for
years to come.
Energetically yours,
AREVA
Count
on this
www.forsiteinc.com
The Charlotte Region is beginning to distinguish itself as “The New Energy
Capital” and Forsite is proud to sponsor this Energy Inc. conference.
Forsite’s contribution to the regions efforts to promote the “Clean Energy
Economy” is the development of ReVenture Park, North Carolina’s largest
Eco Industrial Park. This 667 acre former textile dye manufacturing plant has
1.4 miles of river frontage along the Catawba River and is currently listed as a
[ not the dow ]
Federal Superfund Site. Our redevelopment plan is to utilize the sites extensive
infrastructure to create large scale renewable energy and clean fuel projects
including a biomass power plant, biomass fuel production thermal solar, bio-
diesel refining and a green business incubator among others.
Crescent
A smaller comeback
ready for ion
When complete, ReVenture could easily create 1000 + new green jobs, enough
renewable energy for 50,000 homes and top $900 million in net new investment.
reorganizat
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value of its P11
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On page 14
Charlotte 3-1100
ca ll (704) 97
Call 704.973.1144 to subscribe Tom McKittrick
President
www.charlottebusinessjournal.com Forsite Development, Inc.

3. WEEK OF april 23, 2010 CHarlOTTE BUSiNESS JOUrNal energy Inc. | 3
charlottebusinessjournal.com
Natural Gas: America’s Responsible Energy Choice
As we seek solutions to our nation’s energy and environmental challenges, we must
understand there is no one silver bullet. The answer is a diverse combination of energy
choices, including renewables, new technologies and new ways to look at fossil fuels. An
important part of the solution – natural gas – is sitting right in our backyard. Natural gas
is clean, efficient, abundant and American. The expanded use of natural gas in all market
sectors can help enhance our country’s energy security while creating and retaining jobs and
making an immediate positive impact on the environment.
Natural gas is clean. Natural gas is the cleanest burning fossil fuel – emitting 45 percent
less carbon dioxide than coal and 30 percent less than oil.
Natural gas is efficient. Natural gas customers receive 90 percent of the source natural gas
delivered to their home or business as useful energy. In contrast, less than one third of the
actual source energy used to generate electricity reaches electric appliances in homes and
businesses.
Natural gas is abundant. Natural gas resources across this nation are abundant and
production is rising. Increasing quantities of natural gas will have considerable long-term
positive effects on consumers and businesses. Natural gas from U.S. shale basins and
responsible on-shore and off-shore drilling can ensure a steady and reliable supply for the
future.
Natural gas is American. Ninety eight percent of the natural gas that is consumed in
America comes from North American sources. And we have a one hundred year supply
of natural gas resources under American soil. This helps our economy and reduces
dependence on foreign energy sources.
Natural gas is uniquely positioned to play a vital role in our nation’s energy future by providing
both near-term and long-term solutions to America’s energy and environmental goals. It is
truly, America’s Responsible Energy Choice.
Thomas E. Skains
Chairman, President and CEO
Piedmont Natural Gas Company
At Wells Fargo Securities, our Energy & Power Charlotte’s Energy Community:
Investment Banking group is committed to serving our Demand for energy in the United States is expected to grow by more than 30 percent
clients as they embark on an unprecedented period of by 2030. National studies suggest roughly half of the engineers and technicians in the
infrastructure investment and regulatory change. energy industry today will be eligible to retire by 2012. Industry leaders are looking
toward UNC Charlotte to help address a critical shortage in the intellectual capital
necessary to modernize current energy production operations and help develop
Our Energy & Power industry expertise combined alternative energy sources.
with market-leading execution capabilities provides us
with well-balanced perspectives and unique insights Recognizing an opportunity for long-term collaboration that will prove beneficial
to the community and industry, as well as reinforce Charlotte’s position as a global
to determine optimal strategies for Energy & Power leader in energy production, UNC Charlotte has created the Energy Production
companies. We pride ourselves on maintaining a client and Infrastructure Center (EPIC). The expertise brought to bear through EPIC
focused-culture and franchise and look forward to each will dramatically increase the region’s supply of trained engineers, and assure the
efficiency and reliability of the next generation of power plants and distribution
opportunity to present new and existing clients with systems.
exciting ideas and solutions.
UNC Charlotte, North Carolina’s only urban research university, is uniquely
positioned in the heart of a region rapidly becoming “The New Energy Capital” in
To find out how we can be a partner in your company’s America. EPIC, slated for completion in 2011, is an example of the many ways in
success please contact me or any other member of our which UNC Charlotte supports the region’s economic development. It’s also an
dedicated Energy & Power investment banking team example of how business and industry have come to depend upon the University as
source of invaluable technical expertise.
today.
UNC Charlotte is staking its claim to the future of energy production. That’s good news
Sincerely, for our energy production sector, the regional economy, and the greater community.
James Kipp Cordially,
Head of Energy & Power Investment Banking
713-346-2701
james.kipp@wachovia.com
Philip L. Dubois
Chancellor
Wells Fargo Securities is the trade name for certain capital markets and investment banking services of Wells Fargo & Company and its subsidiaries,
including Wells Fargo Securities, LLC, member FINRA and SIPC. ©2010 Wells Fargo Securities, LLC. All rights reserved.

4. 4 | energy Inc. CHARLOTTE BUSINESS JOURNAL WEEK OF ApRIL 23, 2010
charlottebusinessjournal.com
BUSINESS
CHARLOTTE
From the Publisher
Charlotteans witnessed with amazement the rapid rise of our banking industry in the 1990s. A sleepy
Southern town was suddenly thrust onto the global stage as home to two of the nation’s top banks.
JOURNAL
Kevin Pitts
President & Publisher
Charlotte again seems to be on the verge of a rapid and stunning transformation, this time in the
energy field. The region has aspirations to be the nation’s New Energy Capital. This is more than a Robert Morris Editor
catchy phrase — the region wants to be home to any company involved in energy production. David Harris Managing Editor
As the stories in these pages will show, this entails a concerted effort by major industry players, Steve Cranford Associate Editor
organizations such as the Charlotte Regional Partnership, government officials and entrepreneurs. Sheila Cottringer Advertising Director
You’ll read how Duke Energy Corp.’s Jim Rogers jump-started the effort last year with an energy Keeley Brown Tase
summit to bring together key players. He has also played a behind-the-scenes role in recruiting firms to Senior Business Development Consultant
the region that are giving credibility to the New Energy Capital campaign. Dawn Brown, Gail Dougherty, Frank Harlow
Business Development Consultants
Charlotte needs success stories to compete against other regions intent on taking the crown. As the
Chuck Harris Marketplace Advertising Consultant
nation recovers from recession, the capabilities and growth of players such as Duke, Piedmont Natural
Amy Thompson
Gas, Siemens Energy Shaw Power Group and Areva hold the promise of realizing this vision.
, Business Development Coordinator
The Charlotte Business Journal is pleased to present this inaugural Energy Maggie Lynn Production Director
Inc. publication. We also are pleased to sponsor the Energy Inc. symposium Greg Russell Graphic Designer
on April 23 that will allow our guests to hear the views of leaders in the
Dale Morefield Circulation Director
industry We are grateful to our many sponsors that helped make this event
.
Dory Rogers Marketing and Events Manager
possible.
Rick Teare Business Manager
These are challenging times, but the promise of the region’s
The entire contents of this newspaper are copyrighted by American City
transformation in energy makes them exciting. Rest assured the Business Journals Inc. 2010 with all rights reserved. Reproduction or
Charlotte Business Journal is committed to following our journey. use, without permission, of editorial or graphic content in any manner
is prohibited. The Charlotte Business Journal, ISSN-0887-5588, is
published weekly by American City Business Journal Inc., at 1100 S. Tryon
Street., Charlotte, NC 28203. Subscription rate is $94.00 for a one year
subscription, $172.00 for a two-year subscription, $203.00 for a three-year
subscription. Subscriptions mailed outside of the continental United States
are $442 for a one year subscription. Periodical postage paid at Charlotte
NC under USPS Per. #1564. The Charlotte Business Journal is a publication
of American City Business Journals Inc. The Charlotte Business Journal is
an equal opportunity employer.
Postmaster please send address changes to: Charlotte Business Journal,
Kevin Pitts 1100 S. Tryon St., Suite 100, Charlotte, NC 28203.
President & Publisher Publisher: Kevin Pitts Phone: (704) 973-1100 or (800) 948-5323
Fax: (704) 973-1102 Internet: charlottebusinessjournal.com
E-mail: charlotte@bizjournals.com
New Century Systems, Inc.
Wishes to thank all of our
Exceptional Customers
for supporting Charlotte North Carolina based Diversity Small Businesses over the past 15 years...
During those 15 years, New Century Systems, Inc., an HP Elite Diversity Partner, has strived to provide our customers with the very best
Information Systems Solutions from Digital Equipment Corporation, Compaq Computer, Microsoft, and Hewlett-Packard. NCS has
combined 50+ years of staff experience with major Information Technology Providers to deliver superior business solutions. Our customer’s long
term commitment to support NCS and other Diversity Companies has been instrumental in our continued success as a Charlotte based business. We
are very grateful for your continued business and support.
Frederick L. Denton
President/CEO
New Century Systems, Inc.
704-523-2515

5. WEEK OF april 23, 2010 CHarlOTTE BUSiNESS JOUrNal energy Inc. | 5
charlottebusinessjournal.com
energy capital arises poWer players
6 Making its case 18 shaw’s growing role
The Charlotte region’s expertise in power production inspires Jeff Merrifield oversees Shaw Power Group’s
campaign to be the nation’s new energy capital. efforts to design and build power plants.
7 Duke’s rogers provides spark 20 a French accent
Duke Energy CEO Jim Rogers gets behind effort French firm Areva prepares for a rebirth of
to develop the Carolinas as center of energy nuclear power at its Charlotte-based operations.
Merrifield
industry.
20 other voices
8 gaining momentum Six executives in energy sector discuss the growth prospects of
Siemens joins a growing cluster of energy com- their firms and the region.
panies that are expanding or locating here. Rogers
22 alternatives seek traction
8 research backs industry Leaders at Charlotte’s small renewable-power companies say
UNC Charlotte’s research center set to play a leading role in this part of the energy industry faces challenges.
advancing energy industry.
9 training a work force What they are saying
Central Piedmont Community College partners with business to 25 partnership’s push
offer curriculum needed to build, operate power plants.
Charlotte Regional Partnership is taking lead
11 Benefits of diversification role in promoting the region as the new energy
capital.
With banking and finance badly hurt by the recession, the rise of
the energy sector takes on heightened significance. 25 chamber’s energy agenda
12 policy considerations Charlotte Chamber outlines changes in federal
and state policy that are needed to foster
Proponents say state needs to make some regulatory changes to development of the industry.
advance various components of energy production. Bryant
26 tax credits need revision
13 Working with legislators State policy on treatment of tax credits is curbing enthusiasm for
Conservation measures won’t progress much without help from investments in renewables.
the General Assembly.
27 new purpose for industrial parks
24 Funding energy projects The nation’s huge inventory of unused industrial properties can
Charlotte firm Abundant Power gears up to finance clean-energy house energy projects.
projects.
27 solar power’s promise
top 25 list Solar energy is poised for growth, but some regulatory changes
and financial incentives are needed for it to fully realize its poten-
16 top area energy companies tial.
photo NANCy PiERCE
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