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For Immediate Release: July 12, 2004
Media Contact: Rob Schlichting - 916-654-4989

Energy Commission Unveils One-Stop Website for Global Energy Trade



Sacramento - How does a company in China looking for creative energy solutions find a California company that has them? Through the Global Energy Connection, of course.

The California Energy Commission has launched the Global Energy Connection, an improved, updated website designed to promote international trade for California energy companies by providing business and financial directories and offering project opportunities.

"Since it began in 1996, Energy Commission's Energy Export Program has played an important role in fostering overseas business development for many California companies. This new website offers a quick, interactive and user-friendly means of accessing the Energy Commission's energy business information resources," said California Energy Commissioner James Boyd.

The goal of the Global Energy Connection is to provide international and governmental contact information to energy businesses. The new website is designed to remove barriers for California business and broaden the State's presence in the global energy market estimated to be worth $125 billion a year.

The redesigned Global Energy Connection showcases the Directory of Energy Companies, a searchable and interactive database containing more than 1,100 California- and U.S.-based energy companies. The database makes it easier to locate and contact energy firms. It helps investors develop new energy projects by detailing programs like the Energy Commission's International Energy Fund grant program and other potential funding sources.

The site also offers a calendar of energy events, information on the Energy Commission's Export Program's trade missions, a free financing assistance handbook, and the results of international energy audits. In the near future the site will expand to include a project financing database and a "matchmaking" service to put buyers and sellers together.

"Governor Schwarzenegger is committed to stimulating new jobs and establishing a more business-friendly environment for California, while encouraging clean energy and energy innovation," Boyd noted. "Since international sales supports one of every seven California jobs, Internet technology can help to achieve those goals quickly, efficiently and cheaply."

The California Energy Commission's Global Energy Connection is on line at :

www.globalenergyconnection.ca.gov

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