Solar Power International 2009 Renewable Energy Credits Overview

Transcription

1 Solar Power International 2009 Renewable Energy Credits Overview October 27, 2009 Sterling Planet 1

2 Sterling Planet Introduction USA s leading retailer of Renewable Energy / Environmental Attributes Nation s leader in renewable kwh sales 33,435,849,842 kwh or 5,405 in MW load for a year Includes largest two transaction in U.S. green energy history (Intel and PepsiCo) Broadest set of environmental attributes products in the marketplace Renewable Energy Certificates (RECs) Energy Efficiency Certificates (White Tags ) Carbon Offsets (Domestic and International) Blue Chip customer base and customers in 45 states 1,845 Commercial and Industrial Customers (many the largest purchase in their sector) Sterling Planet has a $560,000,000 in carbon projects pipeline based on renewable energy Represents 171 MWs of Renewable Power Projects Sterling Planet has the largest and most diversified base of renewable energy and energy efficiency suppliers in the USA 2 2

3 Some of Our Clients HARVARD UNIVERSITY DUKE UNIVERSITY 3 3

4 Current Client Base Sold over 33,435,849,482 kwh of green energy (equal to 3,217,460 average residential customers or avoidance of 18,170,698 trips between New York City and Los Angeles) Nation s leader in retail renewable kwh sales Largest Two Transaction in U.S. green energy history (Intel and PepsiCo) reduce. renew. shift to carbon neutral. Universities (64) (26) Harvard Yale Duke University of Utah Florida State Utilities (124) (72) FPL Con Edison PEPCO Energy Constellation Connecticut L&P 1,845 Business Clients (983) Commercial & Industrial (1,455) (772) Government (242) (113) Alcoa Google US Air Force DuPont IRS Johnson & Johnson Pepsi Homeland Security NASA Cisco UBS Western Area Power Administration Nike Staples US EPA Intel Wal Mart US GSA 2008 and 2004 Democratic Convention 2004 Republican Convention NFL (2007 Super Bowl) National Renewable Energy Lab Veterans Affairs State of New York McDonalds Ford State of Illinois Added Since 1/1/08 4 4

5 How It Works? Electric Power Plants Wind Power Solar Power Small Hydropower Green Attributes Customer Relationship Bio Mass Power Geothermal Power Coal Fired Power Electricity National Grid Local Electric Utility Metering Point Customer Oil Fired Power Nuclear Power Brown Attributes Customer Relationship Nine Years of Experience Has Taken Risk Out of Business Model Large Hydropower Recurring Revenue Stream Large Gas Fired Power Plants Market is Rapidly Growing and Becoming Mainstream Environmental Attributes are the Currency of 5 Renewable Energy and Emerging Carbon Markets 5

6 Connecting The Market / How Are They Created? U.S. EPA Intel Political Yale Mohawk Paper Conventions WAPA Cisco Harvard Nike St. Columba U.S. Air Force IRS Duke University Alcoa PepsiCo Johnson & Johnson reduce. renew. shift to carbon neutral. Residential Customers Local Utility Companies Bi Lateral Attribute Contracts Actual Commercial and Industrial Customers Sterling Planet Markets Attributes Leveraging EPA Green Partnership Program Attribute Contracts (Renewable Energy Certificates) Attribute Contracts (Carbon Credits) Attribute Contracts (White Tags ) Solar Project Solar (FL) Project I Solar (FL) Project I Solar (FL) Project I Solar (FL) Project I (FL) I Wind Project Wind (MN) I Project Wind (MN) I Project Wind (MN) I Project (MN) I Biomass Project Biomass (GA) I Project Biomass (GA) I Project Biomass (GA) I Project (GA) I Energy Efficiency Energy Project Efficiency (OR) 2 Project (OR) I Carbon Project Project Carbon (TX) Project 3 Project Carbon (TX) Project 2 Project (TX) I Electricity (Null Power) Contracts PPA Local Utility Companies Greenhouse Gas Emission Creation 6 6

7 Rapid Growth in US Market Mayor s Commitment to Climate Change Includes 995 To Date Representing 85,421,958 Citizens City Government (36) City of Chicago, IL City of Seattle, WA City of Lebanon, CT City of Los Angeles, CA City of Pella, IA City of Westport, CT City of Syracuse, NY City of Sheboyan, WI City of Manchester, CT City of Somerville, MA City of Montgomery, NJ City of Portland, CT City of Lakeland, FL City of Norfolk, CT City of Coventry, CT City of Orlando, FL City of West Hartford, CT City of Weston, CT City of Tallahassee, FL City of Stratford, CT City of Jacksonville, FL City of Cordova, AK City of Norfolk Gate Post, CT City of Key West, FL City of North Stonington, CT City of Southwood, NY City of Oakgrove, LA City of Bloomfield, CT City of Watsonville, CA City of Haddam, CT City of Avon, CT City of Garratt Park, MD City of Vernon, CT City of Cornwall, CT City of South Windsor, CT City of Wilton, CT University and Colleges President s Challenge Includes 653 To Date Universities (64) Harvard University of Utah Florida State University Yale Penn State University State University of New York Duke University of California University of Colorado Auburn University Indiana University University of Connecticut Southern Methodist University 7 7

8 Top 25 Renewable Energy Purchasers Ranking % of Total Annual Load Volume Intel #1 48% 1,301,300,000 Sterling Planet PepsiCo #2 100% 1,226,403,121 Sterling Planet Whole Foods Market #3 105% 790,459,000 Kohl s Department Stores #4 50% 600,990,000 Sterling Planet Dell #5 158% 533,708,000 City of Houston, TX #6 34% 438,000,000 U.S. Air Force #7 5% 426,274,291 Sterling Planet The Pepsi Bottling Group #8 100% 426,239,848 Sterling Planet Cisco Systems #9 46% 400,996,000 Sterling Planet Commonwealth of Pennsylvania #10 40% 400,000,000 Sterling Planet Has Sold to 6 of the Top 10 Purchasers Source U.S. Environmental Protection Agency 8 8

9 Top 25 Renewable Energy Purchasers (continued) Ranking % of Total Annual Load Volume Johnson & Johnson #11 34% 386,455,711 Sterling Planet City of Dallas, TX #12 40% 333,659,840 HSBC North America #13 93% 300,000,000 U.S. Environmental Protection Agency #14 100% 285,000,000 Sterling Planet Wal Mart #15 8% 243,328,000 Sterling Planet City of Chicago, IL #16 20% 214,635,000 Sterling Planet Starbucks #17 20% 211,291,000 Kimberly Clark #18 7% 192,730,000 University of Pennsylvania #19 46% 192,727,000 U.S. Department of Energy #20 4% 188,599,600 Sterling Planet DuPont Company #21 4% 180,075,000 Sterling Planet Wells Fargo & Company #22 14% 175,000,000 LA County Sanitation Districts #23 54% 171,144,000 Sterling Planet Deutsche Bank #24 97% 160,000,000 Pepsi Americas, Inc. #25 100% 157,128,393 Sterling Planet Sterling Planet Has Sold to 14 of the Top 25 Purchasers 9 Source U.S. Environmental Protection Agency 9

10 Sterling Planet Business Lines Managing Utility Green Pricing Programs Direct Sales of Environmental Attributes (i.e. RECs, White Tags & Carbon Offsets) Measurement and Verification of Energy Efficiency First in the Market to Offer White Tags Development of Power and Carbon Asset Projects 10 10

11 US Renewable Energy Market RECs represent the contractual right to claim the environmental and other attributes associated with electricity generated from renewable energy. Companies apply these to their Greenhouse Gas (GHG) emissions. Bank of America pledges to reduce its total U.S. GHG emissions by 9% from 2004 to Eastman Kodak pledges to reduce total global GHG emissions by 10% from 2002 to Gap pledges to reduce its U.S. GHG emissions by 11% per square foot from 2003 to Marriott pledges to reduce U.S. GHG emissions by 6% per available room from 2000 to Pfizer pledges to reduce global GHG by 35% per $ of revenue from 2000 to Baxter, IBM, NREL and SC Johnson achieved their ambitious 2000 to 2005 goals

12 Intersection of RECs, White Tags and Carbon Credits 12 12

13 Questions? Contact Information: Mel Jones President and Chief Executive Officer 3500 Parkway Lane Suite 500 Norcross, GA (404)