SOURCE: Summit Power

Summit Power

September 20, 2011 06:00 ET

Summit Power Group Forms New Carbon-Capture Business Unit

Bipartisan Policy Center (BPC) Veteran, Sasha Mackler, Joins Company to Help Lead New Group

SEATTLE, WA--(Marketwire - Sep 20, 2011) - The Summit Power Group, a pioneer in developing low-carbon electric power projects, announces the formation of a new business unit within the company - Summit Carbon Capture. The company has hired Mr. Sasha Mackler as vice president of the new carbon capture and sequestration (CCS) enterprise.

Summit is developing several CCS projects, most notably the Texas Clean Energy Project (TCEP), a gasification facility with ninety percent (90%) carbon capture that will produce electric power and fertilizer, as well as captured carbon dioxide. TCEP is a showcase project of the U.S. Department of Energy's Clean Coal Power Initiative, which made a $450 million award to TCEP in 2010. The millions of tons of carbon dioxide captured from TCEP will be injected into depleted oil fields to enhance oil production and will be geologically sequestered from the atmosphere.

In his new role, Mr. Mackler will help manage commercial and policy aspects of the company's carbon-capture initiatives. He will focus on carbon-capture power projects and emerging technologies, as well as business opportunities for climate-friendly commercial uses of captured carbon such as enhanced oil production.

"Sasha was an integral part of the Bipartisan Policy Center Energy Project, helping shape the organization's vision for a secure and clean energy future," stated James L. Jones, General, USMC (ret.), the recently departed National Security Advisor to President Obama, former Supreme Allied Commander of Europe, and current co-chair of the Bipartisan Policy Center's Energy Project. "We'll miss Sasha at the BPC, but I expect his ongoing contributions to our country's clean-energy future to be significant in his new capacity at Summit."

Mr. Mackler worked at the Bipartisan Policy Center as a founding staff member of its Energy Project, which played a key role in drafting recent Federal energy laws. Mr. Mackler oversaw numerous projects in close collaboration with leaders from the U.S. business, political, environmental and financial communities on the complex issues of energy production, incentives, environmental impacts and innovation. His work at the Bipartisan Policy Center has helped to inform and establish viable, long-term progress in clean energy, as well as stimulate significant policy debate in Washington, DC.

Prior to his position with the Bipartisan Policy Center's Energy Project, Mr. Mackler worked closely with leaders of the U.S. energy sector as the research director for the National Commission on Energy Policy. He was also part of the team tasked with developing market-based emission trading programs in the U.S. Environmental Protection Agency's (EPA) Clean Air Markets Division, and as an engineer designing high-performance buildings at London-based design and engineer consultancy ARUP.

"Sasha is singularly qualified to help make carbon-capture projects a reality in the U.S. and abroad," stated Eric Redman, president of Summit Power Group. "As a carbon policy expert, he is respected and admired by national leaders in the private sector, the public sector, and the environmental community. We expect Sasha to help drive development of innovative low-carbon energy projects that will yield important economic, strategic and environmental benefits for the U.S. and the world."

Mr. Mackler earned a Masters in Public Administration (MPA) degree from Columbia University, which also awarded him a Masters of Science (MS) degree in earth-resources engineering. His Bachelor of Science (BS) degree in earth-resources engineering is from the University of Rochester.

"Summit Power operates at the very focal point of commercial-scale carbon-capture projects, and therefore at the intersection of clean energy technology, policy and finance," said Mackler. "As part of the Summit Carbon Capture team, I look forward to putting my experience and skills into practice to help develop such projects and make a better energy and environmental future."

About Summit Power Group, LLC
Summit Power Group, LLC, excels in the innovative development of clean electric power projects. Led by experienced professionals with an extensive knowledge of the energy industry in the United States and abroad, Summit has a remarkable track record of developing large, low-carbon energy projects with over 7,000 megawatts of electric power plants in operation, and over 2,000 MW in development or under construction. Total Summit-led projects in service or under contract, including O & M agreements, represent over 7 billion dollars of investment.

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