HomeMy WebLinkAbout3.b. 2014 Vail Global Energy Forum Tier IV Funding App
VAIL GLOBAL ENERGY FORUM 2014
TO: Vail Town Council
DATE: October 11, 2013
RE: VAIL GLOBAL ENERGY FORUM 2014 EVENT FUNDING / SPONSORSHIP REQUEST
1) NAME OF THE EVENT: Vail Global Energy Forum
2) DATES: February 28, March 1 and 2, 2014
3) AMOUNT OF FUNDING: $10,000.00 (Ten Thousand Dollars)
PRODUCING ENTITY: Vail Global Energy Forum
Producing entities include the Precourt Institute for Energy, the
Precourt Energy Efficiency Center at Stanford University and the
Vail Valley Foundation
Jay A. Precourt, Founder
Carl Colby, Executive Director
Submitting on behalf of the Vail Global Energy Forum
887 Lake Creek Road
Edwards, CO 81632
970.926.1329 (office phone)
970.926.1349 (office fax)
www.vailglobalenergyforum.com
2
PROPOSAL FOR FUNDING / SPONSORSHIP
The Vail Global Energy Forum (“VGEF”) is dedicated to the search for sustainable solutions to one of
the most pressing issues of our era: how to produce enough clean sustainable energy at economical
cost from reliable sources to power our global economy while we “bridge the transition” to the
breakthrough renewable energy solutions of the future. The VGEF will also dispel myths about some
of the possible solutions while championing the most promising innovations and energy efficiency
models that will shape the future of energy.
VGEF was inaugurated in March 2012 to bring together some of the world’s most distinguished
speakers and panelists to discuss “the future of energy in a global economy.” Each year the event
draws expertise from leading government officials, cutting-edge energy researchers, energy industry
executives, investors, entrepreneurs, venture capitalists, energy regulators, veteran national
journalists and the general public. (See attached Program Agenda from VGEF 2013).
VGEF 2014 will be held in Vail and Beaver Creek beginning Friday, February 28 and will conclude the
evening of Sunday, March 2, 2014 (see attached Draft Program Agenda for VGEF 2014). Highlights of
the weekend of events include:
Friday Evening Opening Night Fireside Chat: An opening night VIP event featuring a fireside
chat with former Secretary of State George P. Shultz, as well as a networking sessions and
dinner at the Sonnenalp Hotel (Vail).
Interactive Events: Throughout the span of the VGEF 2014 weekend, several interactive
events are included in the packages, allowing attendees to enjoy and experience all that the
Vail Valley has to offer, including First Light First Tracks downhill skiing and snowshoeing, as
well as hospitality and networking events, including a Sunday evening closing night
networking reception
Private Dinners: To continue the conversations, on Saturday evening twelve (12) to fourteen
(14) privately hosted dinners are held at private homes primarily in Vail, catered by locally
based chefs. Approximately 15 – 20 people attend each dinner featuring a mixture of
speakers, sponsors, donors and VIPs.
Conversational Breakfasts: New to VGEF in 2014, on Saturday and Sunday mornings
sponsored breakfasts will be held, each with a focused conversation to increase the
interactive nature of the event.
Agenda: The 2014 agenda will be open to the public throughout the Vail Valley and will be
marketed regionally and nationally as a destination event. The current agenda is about to be
finalized and a draft is attached.
Many premier mountain resort communities stage signature events that brand their towns as “best in
class.” Aspen has the Aspen Institute Ideas Festival; Sun Valley has Paul Allen’s annual invitation only
gathering of the world’s most powerful media and investment executives; Jackson Hole has its annual
gathering of the Federal Reserve Board of Kansas City. Vail has several well-known events spanning
3
from sports to cultural events, but it has no signature event that appeals exclusively to the “life of the
mind.”
The founders and early supporters of VGEF saw the potential to do for Vail what the events described
above do for their own resort communities: create a world-class, totally non-partisan, annual
gathering on a subject that will be with us for decades to come and to which we all must pay serious
attention: the future of energy in a global economy while also protecting our precious natural
environment.
While this is a tall order and we are only at the beginning stages of what we believe will become an
annual and legendary event, we have begun to lay tracks for success moving into our third year. The
World Economic Forum in Davos, Switzerland began with 14 people around a dinner table in 1978. It
now grosses over $25 million annually with multiple events staged all year long, venues across the
world, publications, etc., and it generates substantial revenue for its community.
Our goal is to create a mini-Davos on Energy in Vail. We feel this is in perfect alignment with the
Town of Vail’s mission to bring high-end visitors, second homeowners and locals in Vail. As VGEF
expands into Vail more and more each year, the direct economic impact of the event will increase as
well. While in our third year the revenue generated will be coming from food and beverage,
hospitality and lodging, our long-term plan is to expand to more and more events and break off
sessions into Vail.
Finally, the first word in “Vail Global Energy Forum” is “Vail.” It is an ideal branding opportunity for
the Town of Vail and for the businesses and merchants in and around Vail. Our goal is that Vail is
instantly associated with a world-class, totally nonpartisan energy event which is backed by Stanford
University, whose own name brand is synonymous with excellence.
The Vail Valley Foundation, in conjunction with Stanford University’s Precourt Institute for Energy
(“PIE”) and Precourt Energy Efficiency Center (“PEEC”), will host this event to address the world’s
energy challenges and solutions. The producers of VGEF are committed to staging these annual Vail
Global Energy Forums on a continuing basis into the near and foreseeable future.
Our event is a not-for-profit partnering with the Vail Valley Foundation and its 501(c)3 federal
government charitable status. The Vail Valley Foundation contractually administers, processes,
receives and distributes all funding associated with the Vail Global Energy Forum.
4
VGEF AUDIENCE DEMOGRAPHICS: (approximate numbers)
150 local high-income residents and second homeowners in the Vail Valley
150 high-income residents of Denver and the Front Range, including neighboring Summit,
Garfield, Pitkin and Routt counties, many coming from the energy industry
100 high-income residents of New York, Washington, Houston, Dallas, Miami, Atlanta, St.
Louis, Chicago, Phoenix, Los Angeles, San Francisco, Seattle and other major U.S. cities, and
numerous attendees from London, Mexico City, Paris, and Beijing (including VIP sponsors)
125 energy conscious college and university students from the University of Colorado –
Denver, University of Colorado - Boulder, Denver University, Colorado School of Mines,
Colorado Mesa University and campuses of Colorado Mountain College. All students attend
free of charge through a scholarship program supported by sponsors and donors
This visiting audience will be predominantly well-educated adults who will stay in premium hotels,
dine in first-class restaurants and shop in high-end retail stores. We have a “destination event”
marketing plan implemented, with many of the attendees making “a weekend out of it”, traveling
with spouses and or families, mixes business with shopping, skiing, and dinning.
A majority of the VGEF 2013 attendees were energy investors, energy entrepreneurs, investment
bankers, investment analysts, and energy industry executives. We expect the same attendee
demographic breakdown for VGEF 2014.
BUDGET AND REQUEST FOR FUNDS:
We are requesting $10,000 in funding to primarily support portions of the opening night event in Vail
as well as our student scholarship program, and our portions of our overall destination marketing
strategies.
Associated costs where funding will be applied includes:
• Opening Session and Fire Side Chat (Vail) $ 15,000
• Student Scholarships (10 of 125) $ 2,000
• Destination Marketing Strategy $ 15,000
The overall event budget is approximately $425,000, with the majority of funding coming from
corporations, foundations, and individual contributions, as well as public ticket sales and
merchandising. The requested $10,000 from the Town of Vail would represent est. 2.5 % of the
budgeted expenses.
If the requested funds are provided, the Town of Vail would be listed among our top-level sponsors,
including logo inclusion in all print ads, event signage, program book mention, and other mediums as
much as possible. (see attached Sponsorship Benefits).
December 11, 2013
2014 PROGRAM DRAFT
FRIDAY EVENING, FEBRUARY 28:
6:00 pm – 7:00 pm Opening Reception at The Sonnenalp Hotel in Vail
7:00 pm – 7:30 pm Secretary George P. Shultz
(30 mins) “Reflections on Global Energy Opportunities and Challenges”
Pre-Dinner “Fireside Chat” at The Sonnenalp Hotel in Vail
7:30 pm VIP Dinner at The Sonnenalp Hotel in Vail
-------------------------------------------------------------------------------------------------------------------------------
SATURDAY, MARCH 1:
7:15 am – 8:30 am First Light First Tracks Downhill Skiing and Snowshoe Tour
Strawberry Park Lift (Beaver Creek Resort)
VIPs and Synergy Package
8:30 am – 9:30 am On Mountain First Light First Tracks Breakfast at Allie’s Cabin
VIPs and Synergy Package
8:45 am – 10:00 am (2) Private Breakfasts and Presentations at The Beaver Creek
Lodge
(75 mins) VIP Invitation Only for Sponsors and Patrons
Limited to 20 people each
9:30 am Public Registration and Continental Breakfast
Vilar Performing Arts Center
-------------------------------------------------------------------------------------------------------------------------------
December 11, 2013
VAIL GLOBAL ENERGY FORUM
2014 PROGRAM DRAFT
Page 2
SATURDAY, MARCH 1 – Continued
10:15 am: Start
10:15 am – 10:50 am Alan Murray, President and CEO, Pew Research Group
(5 + 30 mins) “Public Attitudes about Energy and Environmental Issues”
(including Visualizations of Polling Data) (Brief Q&A to Follow)
10:50 am – 11:25 am Keynote Speaker:
(5 + 30 mins) Governor John Hickenlooper of Colorado
“The State of the Energy Economy in Colorado and the U.S.”
(Brief Q&A to Follow)
11:25 am – 12:00 pm Keynote Speaker:
(5 + 30 mins) Secretary George P. Shultz
“Prospects for Global Energy Security”
12:00 pm – 1:00 pm Lunch Break
(60 mins)
1:00 pm – 1:35 pm Tom Petrie, Chairman, Petrie Partners
(35 mins) “Energy Issues and U.S. Energy Independence”
1:35 pm – 2:10 pm Jim Brown, President, Halliburton, Western Hemisphere
(35 mins) “Outlook on Natural Gas and Liquids Production from Shale
and Tight Oil”
2:10 pm – 2:30 pm Mark Zoback, Stanford Geologic Expert on Hydraulic Fracturing
(20 mins)
2:30 pm – 2:55 pm Fred Krupp, President, Environmental Defense Fund
(25 mins) “Methane Release from Natural Gas Production”
2:55 pm – 3:10 pm Break
(15 mins)
December 11, 2013
VAIL GLOBAL ENERGY FORUM
2014 PROGRAM DRAFT
Page 3
SATURDAY, MARCH 1 – Continued
3:10 pm – 3:40 pm Andrew N. Liveris, Chairman, President, and CEO, Dow
(30 mins) Chemical Company
“The Role of Substantial Increases in Natural Gas as a Stimulus to
the U.S. Manufacturing Sector” (Invited / Pending)
3:40 pm – 4:10 pm Davis Thames, Senior Vice President and CFO, Cheniere Energy
(30 mins) “LNG Export Licenses and Terminals” (Invited / Pending)
4:10 pm – 4:40 pm David Montgomery, NERA Economic Consulting
(30 mins) NERA Summary Report
“Price Effects on Natural Gas and LNG Exports”
4:40 pm – 5:10 pm Dennis Beal, Vice President, Global Vehicles, Fed Ex Express
(30 mins) “Natural Gas as a Future Fuel Strategy for the Transportation
Sector of the Global Economy”
Saturday Total: 6 Hours 55 minutes (10:15 am – 5:10 pm)
-------------------------------------------------------------------------------------------------------------------------------
SUNDAY, MARCH 2:
7:30 am – 8:45 am (2) Private Breakfasts and Presentations at Beaver Creek Lodge
(75 mins) VIP Invitation Only for Sponsors and Patrons
Limited to 20 people each
8:00 am Continental Breakfast (Lobby & May Gallery)
Energy Village Opens
-------------------------------------------------------------------------------------------------------------------------------
9:00 am: Start
9:00 am – 9:25 am Admiral Gary Roughead, Former Chief of U.S. Naval Operations
(25 mins) “Rise of the Arctic Sea: Opportunities and Challenges”
December 11, 2013
VAIL GLOBAL ENERGY FORUM
2014 PROGRAM DRAFT
Page 4
9:25 am – 10:00 am A conversation with Jim Sweeney, Precourt Energy Efficiency
(5 + 30 mins) Center at Stanford, and Senator Jeff Bingaman (New Mexico)
SUNDAY, MARCH 2 – Continued
10:00 am – 11:00 am “Rising Power: How China is Shaping the Global Race for Cleaner
(5 + 55 mins) Energy” (Brief Q&A to Follow Panel Discussion)
Jeffrey Ball, Moderator, Stanford University and former
Environmental Editor for The Wall Street Journal
Panelists:
Rob Gardner, Manager, Economic and Energy Division, Corporate
Strategic Planning, Exxon Mobil Corporation (Invited / Pending)
Cynthia Wang, Managing Director, China International Capital
Corporation
Jiang Lin, Chairman, China Sustainable Energy Program
11:00 am – 11:15 am Break
(15 mins)
11:15 am – 11:45 am Arun Majumdar, Vice President, Google
(30 mins) “Progress on Cost Competitiveness of Sustainable Energy”
Wind, Solar, and Bio-Fuels
(A Brief Q&A to Follow)
11:45 am – 12:30 pm “New Technology Advances”
(45 mins) Panel Discussion
Moderator: Lynn Orr, Under Secretary for Science, Department of
Energy; or alternatively Sally Benson, former Acting Executive
Director of Precourt Institute for Energy at Stanford University
- Batteries
- Lighting
- Nanotech
- Photovoltaics
- DME: a Cleaner Motor Fuel
December 11, 2013
VAIL GLOBAL ENERGY FORUM
2014 PROGRAM DRAFT
Page 5
SUNDAY, MARCH 2 – Continued
Panelists:
Dennis Slagle, Executive Vice President, Group Trucks Sales and
Marketing for Americas, AB Volvo
Theo Fleisch, Founder and Chairman, International DME
Association
Cathy Zoi, former Acting Under-Secretary and Assistant Secretary
for Energy Efficiency and Renewable Energy at DOE
Arun Majumdar, Vice President, Google
12:30 pm – 12:50 pm Concluding Remarks
(20 mins) Secretary George Shultz
Sunday Total: 3 Hours 50 minutes (9:00 am to 12:50 pm)
-------------------------------------------------------------------------------------------------------------------------------
1:00 pm Energy Village Viewing Time
VIP Lunch in the May Gallery
1:45 pm Snowshoe Tour / McCoy’s Nordic Center on Beaver Creek
Mountain
VIPs and Synergy Package Holders
5:00 pm – 7:00 pm Closing Night Reception at The Metropolitan Café, Beaver Creek
VIPs and Synergy Package Holders