NARUC. Winter Committee Meetings. Committee On Energy Resources & the Environment

Size: px
Start display at page:

Download "NARUC. Winter Committee Meetings. Committee On Energy Resources & the Environment"

Transcription

1 NARUC Winter Committee Meetings Committee On Energy Resources & the Environment

2 Drivers for Renewable Energy Growth: Historical and Emerging Roles for Regulators Ryan Wiser Lawrence Berkeley National Laboratory NARUC Winter Meetings Washington, D.C. February 2017

3 Sustained Wind Growth since 2007; Rapid Recent Growth in PV, Especially Utility & Residential; Low National Energy Penetrations CAPACITY Wind: ~82 GW Solar: ~40 GW PRODUCTION Wind: 5.5% Solar: 1.3% 2

4 Jan-08 Jan-09 Jan-10 Jan-11 Jan-12 Jan-13 Jan-14 Jan-15 Jan-16 Jan-17 Levelized PPA Price (2015 $/MWh) Favorable Power Purchase Prices for Electric Utilities, Driven by Underlying Cost Reductions and by Federal Tax Incentives $200 $180 $160 $ MW Utility-Scale PV Utility-Scale Wind Production Tax Credit 10 yr, 2.3 /kwh; declining for projects that commence construction after 2016 $120 $100 $80 $60 $40 $20 30 MW 100 MW Investment Tax Credit 30%; declining for projects that commence construction after 2019 Accel. Tax Depreciation 5-yr MACRS $0 PPA Execution Date 4

5 Installed Prices for Distributed Solar Have Fallen Precipitously and Continue to Decline 2015$/W DC $12 $10 $8 $6 $4 $2 Module price index Median Installed Price Residential Non-Residential 500 kw Non-Residential >500 kw $ Installation Year Median installed price series is based on data from 451,693 systems, assembled by Berkeley Lab. Module price index is from SPV Market Research. 5

6 TWh RPS Exist in 29 States & DC, w/ Multiple States Increasing Targets; Have Been and Will Likely Continue to be Sizable Driver for RE Growth in Non-Hydro RE, : > 50% required by RPS policies Actual Growth in Total U.S. Non-Hydro RE Generation Since Minimum Growth Required for RPS Substantial Growth in RPS Demand Remains: Total U.S. RPS demand roughly doubles by 2030 Wind is 68% of all RPS builds todate, but solar was 62% of 2015 adds (including main tier and setasides) But, as costs decline, economic drivers have emerged 6

7 State and Utility Financial and Tax Incentives Generally Declining with Time, but Are Still Common and Impactful in Many Markets Reductions in rebates and performance based incentives 2015$/W DC $8 $6 $4 $2 $0 CA (ERP, SGIP, CSI) NY (NYSERDA) MA (MassCEC) NJ (CORE, REIP) AZ (APS, SRP, TEP) All Other Programs Residential and Non-Residential PV Median Pre-Tax Rebate or PBI (Present Value) Installation Year Notes: The figure depicts the pre-tax value of rebates and PBI payments (calculated on a present-value basis) provided through state/utility PV incentive programs, among only those systems that received such incentives. Although not shown in the figure, a growing portion of the sample received no direct cash incentive. OTHER INCENTIVES: SRECs (via RPS); tax incentives; FiTs / VoS tariffs; loans 7

8 59% 77% 62% 59% 40% 35% 38% 58% 34% 59% 63% 46% 38% 61% 57% Change from No-PV to 10% PV $/W Rate Design/Net Metering Has Been Pivotal to DG-PV Economics, and Becoming More So with the Decline of other Incentives NPV of Benefit Streams for Residential PV $8 Bill savings (NPV) Federal ITC $6 but is also Increasingly a Source of Concern Modeled Impact of 10% DG-PV Penetration on Utility Financial Metrics $4 10% SW Utility 10% NE Utility $2 $0 AZ CA CO CT DE MAMDNH NJ NMNV NY OR VT WI Notes: Based on project level data collected for Berkeley Lab s annual Tracking the Sun report. Bill savings calculated from EIA data for average retail electricity price by utility, with adjustments for usage tiers and other rate design details. 0% -10% -20% -30% -40% -50% Sensitivity Range Base Case ROE Earnings Rates 0% -10% -20% -30% -40% -50% ROE Earnings Rates 8

9 Net Metering and Rate Reforms Have Proliferated in Varying Forms Rate reforms impacting distributed solar 1. Increased customer charges 2. Increased standby charges, interconnection charges 3. Minimum bills 4. Mandatory demand charges 5. Reduced compensation for grid exports 6. Two-way rates (feed-in tariff, value-of-solar tariff) 7. REC ownership transferred via NEM 8. Unbundled attribute pricing 9. Time-varying pricing 10. Locational pricing Source: NC Clean Energy Technology Center and Meister Consultants, States of Solar: Q Quarterly Report and Annual Review 11. Compression of inclining block rates 9

10 Other Existing Regulatory Tools Have Played a More-Modest Role; Some Likely to Decline in Importance over Time and Others Grow PURPA QF Contracts Still kicking in some locations, albeit often with utility pushback to reduce attractiveness of pricing or terms of contracts Operating & contracted PV in early 2016: NC (~2700 MW), UT (~700 MW), ID (~500 MW), OR (~200 MW,) SC (~200 MW) Utility Resource Planning for Utility- Scale Renewables Utility Ownership of Utility-Scale Renewable Energy Transmission Investment to Enable Remote Resources Distribution Infrastructure and Retail Ratemaking and, increasingly, DG renewables as well Utility-Scale Solar: Florida Power & Light, Georgia Power, Dominion, Duke, PNM, etc. Wind: MidAmerican, PacifiCorp, ALLETE, Puget Sound Energy, Portland General, Xcel, etc. Planning, approval, and cost allocation for new transmission infrastructure Examples: CREZ in ERCOT; Tehachapi, Sunrise and RETI in CA; Clean Line projects; Cap-X; MISO Multi-Value; SPP, etc. Interconnection rules, procedures, technical requirements Decoupling utility revenue from sales, and rate-making practices (frequency, lag, multi-year, etc.) Carbon Cap-and-Trade or Other GHG Policy Carbon prices low, but provide signaling mechanism at a minimum: RGGI, California Utility integrated resource planning treatment of carbon regulatory risk 10

11 Emerging Regulatory Tools Becoming More Salient as Renewable Energy Penetrations Rise and Issues Arise Expand the Market for Renewable Energy Low-income solar programs: e.g., CA, CT, DC, IL, NY, OR, MA, more and growing Community & shared solar: MN, CO, and many more Green pricing / direct access; expanding to include utility facilitation of corporate synthetic PPAs and other RE purchase structures Comm. Choice Aggregation: CA, IL, MA, NJ, NY, OH, RI Address Integration Concerns Market design & operations: bulk power and (increasingly) DER, every ISO, many utilities Storage (behind & infront of the meter) and EV policy: e.g., CA, MA, OR Demand response: reenvisioning DR for high RE penetrations, e.g. CA) Aligning Utility Interests w/ DER Utility dist. system planning, non-wires alternatives: e.g., HI, NY, CA, MA, RI, VT Hosting capacity/net benefits analysis: e.g., MN, CA, NY Utility ownership of DG solar assets: e.g., AZ Utility shareholder PBR / incentives to encourage DER: e.g., consideration in NY, CA Utilities as DER operating platforms: e.g., NY 11

12 Thank you! Contact information Ryan Wiser: More information from LBNL s Electricity Markets & Policy Group Publications: emp.lbl.gov/publications Sign up for our list: emp.lbl.gov Follow us on 12

13 NARUC Winter Committee Meetings Committee On Energy Resources & the Environment

Building a Market for Small Wind: The Break-Even Turnkey Cost of Residential Wind Systems in the United States

Building a Market for Small Wind: The Break-Even Turnkey Cost of Residential Wind Systems in the United States Building a Market for Small Wind: The Break-Even Turnkey Cost of Residential Wind Systems in the United States Ryan H. Wiser Lawrence Berkeley National Laboratory rhwiser@lbl.gov; 510-486-5474 Global WINDPOWER

More information

US Solar Market: Overview of State and Federal Incentives

US Solar Market: Overview of State and Federal Incentives US Solar Market: Overview of State and Federal Incentives Rhone Resch President Solar Energy Industries Association Solar Energy Industries Association National trade association for solar technology companies

More information

Renewable Electricity Policies in the United States and a Status Report on California s Energy Storage Procurement Target

Renewable Electricity Policies in the United States and a Status Report on California s Energy Storage Procurement Target Renewable Electricity Policies in the United States and a Status Report on California s Energy Storage Procurement Target Joseph Eto Lawrence Berkeley National Laboratory Policy and Regulatory Frameworks

More information

State Solar Policy: Overview & Trends

State Solar Policy: Overview & Trends State Solar Policy: Overview & Trends Rusty Haynes N.C. Solar Center N.C. State University NCSL Solar Energy Institute Washington, D.C. October 19, 2007 Presentation Outline I. Financial Incentives to

More information

Creating Incentives for Electricity Providers to Integrate DER

Creating Incentives for Electricity Providers to Integrate DER 0 Creating Incentives for Electricity Providers to Integrate DER By Thomas Key Dan Rasler EPRI USA December 10-12 th, 2008 Nice France Topics 1. Reducing CO 2 will be the major incentive for electricity

More information

State RPS Policies and Solar Energy Impacts, Experiences, Challenges, and Lessons Learned

State RPS Policies and Solar Energy Impacts, Experiences, Challenges, and Lessons Learned State RPS Policies and Solar Energy Impacts, Experiences, Challenges, and Lessons Learned Galen Barbose Lawrence Berkeley National Laboratory SEIA Webinar November 21, 2013 This analysis was funded by

More information

State Solar Policy Trends in the Southeast. Amy Heinemann North Carolina Solar Center Georgia Tech Clean Energy Speakers Series May 26, 2010

State Solar Policy Trends in the Southeast. Amy Heinemann North Carolina Solar Center Georgia Tech Clean Energy Speakers Series May 26, 2010 State Solar Policy Trends in the Southeast Amy Heinemann North Carolina Solar Center Georgia Tech Clean Energy Speakers Series May 26, 2010 DSIRE Project Overview Created in 1995 Funded by DOE / NREL Managed

More information

Emerging Regulatory Models and Retail Utilities: Gazing into the Crystal Ball

Emerging Regulatory Models and Retail Utilities: Gazing into the Crystal Ball Emerging Regulatory Models and Retail Utilities: Gazing into the Crystal Ball National Governors Association Center for Best Practices and NARUC Workshop Charles Goldman Staff Scientist and Department

More information

Outlook for Renewable Energy Markets: Implications for development, finance, infrastructure and law. Kevin Lapidus

Outlook for Renewable Energy Markets: Implications for development, finance, infrastructure and law. Kevin Lapidus Outlook for Renewable Energy Markets: Implications for development, finance, infrastructure and law Kevin Lapidus Sr. Vice President and General Counsel Sun Edison LLC October 2, 2009 SunEdison 2 North

More information

Breakeven Cost for Residential Photovoltaics in the United States: Key Drivers and Sensitivities (Report Summary)

Breakeven Cost for Residential Photovoltaics in the United States: Key Drivers and Sensitivities (Report Summary) Breakeven Cost for Residential Photovoltaics in the United States: Key Drivers and Sensitivities (Report Summary) Paul Denholm Robert M. Margolis Sean Ong Billy Roberts December 2009 NREL/PR-6A2-47248

More information

Renewables Policy: A California Perspective

Renewables Policy: A California Perspective Renewables Policy: A California Perspective Todd Strauss 32nd IAEE International Conference 22 June 2009 0 Agenda California s energy policies Evolution of California s Renewable Portfolio Standard (RPS)

More information

California Solar Incentives. California Solar Incentives

California Solar Incentives. California Solar Incentives California Solar Incentives California Solar Incentives William W. Westerfield, III Stoel Rives LLP 770 L Street, Suite 800 Sacramento, CA 95814 (916) 319-4749 The Universe of of Solar Incentives Rebate

More information

Solar Developments Across the United States presented to: National Conference of State Legislatures. Southeast Solar Energy Institute.

Solar Developments Across the United States presented to: National Conference of State Legislatures. Southeast Solar Energy Institute. Solar Developments Across the United States presented to: National Conference of State Legislatures Southeast Solar Energy Institute Presented by: Martha Duggan, United Solar Ovonic On behalf of the Solar

More information

Renewables Portfolio Standards in the United States: A Status Update

Renewables Portfolio Standards in the United States: A Status Update Renewables Portfolio Standards in the United States: A Status Update Galen Barbose Lawrence Berkeley National Laboratory State-Federal RPS Collaborative National Summit on RPS Washington, D.C. November

More information

Solar Project Financing Commercial Power Purchase Agreements (PPAs) & PPA Market Rates for SCE Territory

Solar Project Financing Commercial Power Purchase Agreements (PPAs) & PPA Market Rates for SCE Territory Solar Energy in Inland Southern California: The Future is Now The University of California, Riverside Solar Project Financing Commercial Power Purchase Agreements (PPAs) & PPA Market Rates for SCE Territory

More information

State Policy, Incentives & Opportunities

State Policy, Incentives & Opportunities State Policy, Incentives & Opportunities Rusty Haynes Keyes, Fox & Wiedman LLP www.kfwlaw.com KEYES, FOX & WIEDMAN LLP SERVICES Policy Tracking State legislative-tracking service State regulatory-tracking

More information

State Solar Policy: Overview & Trends

State Solar Policy: Overview & Trends State Solar Policy: Overview & Trends Stephen S. Kalland, Director NC Solar Center at NC State University Southeast Solar Summit October 24, 2007 North Carolina Solar Center Operated by College of Engineering

More information

Massachusetts PV and SHW Program Update Elizabeth Kennedy Program Director Massachusetts Clean Energy Center

Massachusetts PV and SHW Program Update Elizabeth Kennedy Program Director Massachusetts Clean Energy Center Massachusetts PV and SHW Program Update Elizabeth Kennedy Program Director Massachusetts Clean Energy Center MassCEC Statutory Mandate Advance Clean Energy Technology Create Jobs Develop a Trained Workforce

More information

Wind and Solar Energy Development Tax Credits related to Renewable Energy. Paul Curran Senior Executive Vice President

Wind and Solar Energy Development Tax Credits related to Renewable Energy. Paul Curran Senior Executive Vice President Wind and Solar Energy Development Tax Credits related to Renewable Energy Paul Curran Senior Executive Vice President Presented to the MIT's Center for Real Estate Symposium Strategies for Accessing Capital:

More information

Chapter 15. Economic Analysis. Incentives Value Assessment Life Cycle Costs Analysis Financial Tools Jim Dunlop Solar

Chapter 15. Economic Analysis. Incentives Value Assessment Life Cycle Costs Analysis Financial Tools Jim Dunlop Solar Chapter 15 Economic Analysis Incentives Value Assessment Life Cycle Costs Analysis Financial Tools 2012 Jim Dunlop Solar Overview Identifying and the various types of financial incentives applicable to

More information

DG Energy Partners Solar Project Pricing Index. April 2013. Advisory Brokerage Research

DG Energy Partners Solar Project Pricing Index. April 2013. Advisory Brokerage Research DG Energy Partners Solar Project Pricing Index April 2013 Advisory Brokerage Research DGEP Project Pricing Index DGEP has developed the first Project Pricing Index (PPI) for solar projects in the United

More information

CPUC California Solar Initiative 2010 Impact Evaluation

CPUC California Solar Initiative 2010 Impact Evaluation CPUC California Solar Initiative 2010 Impact Evaluation Final Report Executive Summary Submitted to: Southern California Edison and California Public Utilities Commission Energy Division Prepared by: Itron,

More information

Solar Project Pricing Index

Solar Project Pricing Index Solar Project Pricing Index May, 2012 www.dgenergypartners.com Disclaimer The provision of a report by DG Energy Partners (DGEP) does not obviate the need for potential investors to make further appropriate

More information

State Solar Incentives News from DSIRE

State Solar Incentives News from DSIRE Excerpt from: IREC 2006: pdates & Trends, Interstate Renewable Energy Council, October 2006 State Solar Incentives News from DSIRE Report by Susan Gouchoe Over the past year, we ve seen a number of states

More information

Overview of the Success of the Green Communities Act

Overview of the Success of the Green Communities Act Overview of the Success of the Green Communities Act New England Association of Energy Engineers Acting Commissioner Meg Lusardi January 7, 2015 State Law Drives Investments, Creates Economic & Environmental

More information

Advisory Brokerage Research

Advisory Brokerage Research DG Energy Partners Solar Project Pricing Index May 2013 May Updates: - NJ SREC market rallies 15-20% - MA SRECs continue upward trend - Updated pricing for GA, NC and LA DWP Advisory Brokerage Research

More information

Solar Energy Policies and Finance Creating a Successful Market Presentation for the Minnesota State Legislature

Solar Energy Policies and Finance Creating a Successful Market Presentation for the Minnesota State Legislature Solar Energy Policies and Finance Creating a Successful Market Presentation for the Minnesota State Legislature Jason Coughlin NREL Technical Lead for the Twin Cities Solar America Cities Program October

More information

Update on Austin Energy Solar and Leasing

Update on Austin Energy Solar and Leasing Update on Austin Energy Solar and Leasing Presentation to CCAE December 4, 2014 Filename, Version 1 Local Solar Growth 2004 2014 25,000 20,000 kw ac Customer Sited Solar Installed (does not include Webberville)

More information

Cliffs and Ducks, Inverted Blocks and Spirals: Where Does Distributed Solar Go From Here?

Cliffs and Ducks, Inverted Blocks and Spirals: Where Does Distributed Solar Go From Here? Cliffs and Ducks, Inverted Blocks and Spirals: Where Does Distributed Solar Go From Here? Steve Weissman Lecturer in Residence and Director of the Energy Program Berkeley Law California s Transition to

More information

Boxborough Solar 101. Presented by: Elizabeth Youngblood, Project Manager Massachusetts Clean Energy Center. April 16, 2016

Boxborough Solar 101. Presented by: Elizabeth Youngblood, Project Manager Massachusetts Clean Energy Center. April 16, 2016 Boxborough Solar 101 Presented by: Elizabeth Youngblood, Project Manager Massachusetts Clean Energy Center April 16, 2016 1 Outline Introduction Solar PV Basics Solar PV Incentives and Economics MassCEC

More information

California State Energy Policy on the Horizon. Noah Long NRDC May 18, 2009

California State Energy Policy on the Horizon. Noah Long NRDC May 18, 2009 California State Energy Policy on the Horizon Noah Long NRDC May 18, 2009 Outline The Climate Challenge California s Leadership on Energy Efficiency Structure of Utility Energy Efficiency Policy Renewable

More information

PG&E and Renewables. Finding the ROI in Green Programs. Andrew Yip Manager Solar and Customer Generation Integrated Demand-Side Management

PG&E and Renewables. Finding the ROI in Green Programs. Andrew Yip Manager Solar and Customer Generation Integrated Demand-Side Management 1 PG&E and Renewables Finding the ROI in Green Programs Andrew Yip Manager Solar and Customer Generation Integrated Demand-Side Management Pacific Gas and Electric Company Energy services to 15 MM people:

More information

IARW North Atlantic Chapter Meeting: An Overview of Solar Energy Opportunities in the North Atlantic Region

IARW North Atlantic Chapter Meeting: An Overview of Solar Energy Opportunities in the North Atlantic Region IARW North Atlantic Chapter Meeting: An Overview of Solar Energy Opportunities in the North Atlantic Region CONTENTS Why Solar? Why Now? Your Solar Options Solar Policy Overview Installation Video 2 INTRODUCTION

More information

Update of Financial Incentives for Promoting New and Renewable Energy in the U.S. Cary Bloyd EGNRET-38 Wellington, New Zealand June 18-19, 2012

Update of Financial Incentives for Promoting New and Renewable Energy in the U.S. Cary Bloyd EGNRET-38 Wellington, New Zealand June 18-19, 2012 Update of Financial Incentives for Promoting New and Renewable Energy in the U.S. Cary Bloyd EGNRET-38 Wellington, New Zealand June 18-19, 2012 The U.S. has a wide range of financial mechanisms that support

More information

ACORE 20 GW Plan for Kansas. Economic Revitalization through Renewable Energy: Will Kansas Reap the Benefits of this Crop?

ACORE 20 GW Plan for Kansas. Economic Revitalization through Renewable Energy: Will Kansas Reap the Benefits of this Crop? ACORE 20 GW Plan for Kansas Economic Revitalization through Renewable Energy: Will Kansas Reap the Benefits of this Crop? Topics About ACORE Renewable Energy in America The Assessment in 2008 Results:

More information

State Policies Supporting Renewable Energy Development

State Policies Supporting Renewable Energy Development State Policies Supporting Renewable Energy Development Susan Gouchoe North Carolina Solar Center at NCSU Pace University/UNDESA Renewable Energy Meeting New York, NY April 8, 2004 Presentation Overview

More information

Net Energy Metering and the Future of Distributed Generation

Net Energy Metering and the Future of Distributed Generation Net Energy Metering and the Future of Distributed Generation Vishal C. Patel, P.E. Manager - Distribution Resource Interconnections April 28, 2015 What is Net Energy Metering (NEM)? NEM is a tariffed program

More information

Renewables Portfolio Standards in the United States: A Status Update

Renewables Portfolio Standards in the United States: A Status Update Renewables Portfolio Standards in the United States: A Status Update Galen Barbose Lawrence Berkeley National Laboratory 2012 National Summit on RPS Washington D.C. December 3, 2012 1 Presentation Outline

More information

Game-changer Solar Business Model Innovation

Game-changer Solar Business Model Innovation Game-changer Solar Business Model Innovation DAVID ARFIN April 12, 2016 Lyon, France An Unlikely Innovator I never cared about a kilowatt or kwh rates, corporate tax credits, accelerated depreciation,

More information

Financing Non-Residential Photovoltaic (PV) Systems

Financing Non-Residential Photovoltaic (PV) Systems Financing Non-Residential Photovoltaic (PV) Systems LSU Center for Energy Studies Alternative Energy 2009 Jason Coughlin Baton Rouge, LA April 22, 2009 NREL Overview Located in Golden, Colorado Began in

More information

Overview of Long Island Electric Service Territory

Overview of Long Island Electric Service Territory Overview of Long Island Electric Service Territory Long Island Electric Service Territory» Long Island s electric service customers are located in Nassau County and Suffolk County (except for the villages

More information

The Future of U.S. Utility Customer-Funded Energy Efficiency Programs:

The Future of U.S. Utility Customer-Funded Energy Efficiency Programs: The Future of U.S. Utility Customer-Funded Energy Efficiency Programs: Projected Spending & Savings through 2025 Report Summary January 2013 Galen Barbose, Charles Goldman Ian Hoffman, Megan Billingsley

More information

Alternative RE Approach Technical Support Document

Alternative RE Approach Technical Support Document Alternative RE Approach Technical Support Document 1.1. Introduction Renewable energy (RE) is a cost-effective approach for reducing carbon dioxide (CO 2) emissions from fossil fuel-fired electric generating

More information

Planning and Operating an Integrated Grid

Planning and Operating an Integrated Grid Planning and Operating an Integrated Grid Harvard Electricity Policy Group March 2015 Bernie Neenan EPRI Distributed Energy s and Distribution s Do we need an Independent Distribution Operator (DSO) Should

More information

Direct Investment, Synthetic PPA s ABC Member Bulk Procurement. Garrett Sprague, A Better City

Direct Investment, Synthetic PPA s ABC Member Bulk Procurement. Garrett Sprague, A Better City Direct Investment, Synthetic PPA s ABC Member Bulk Procurement Garrett Sprague, A Better City Barriers to Investing in Renewables 1. Many large institutions not aware of the opportunity. 2. Inertia of

More information

Regional Electricity Forecasting

Regional Electricity Forecasting Regional Electricity Forecasting presented to Michigan Forum on Economic Regulatory Policy January 29, 2010 presented by Doug Gotham State Utility Forecasting Group State Utility Forecasting Group Began

More information

Jason B. Keyes Keyes & Fox, LLP Kansas Solar Round Table Topeka, Kansas March 3, 2009

Jason B. Keyes Keyes & Fox, LLP Kansas Solar Round Table Topeka, Kansas March 3, 2009 Net Metering and Interconnection of Solar Energy Facilities Jason B. Keyes Keyes & Fox, LLP Kansas Solar Round Table Topeka, Kansas March 3, 2009 What IREC Does Participate in state utility commission

More information

Comments of the Edison Electric Institute Net Benefits and Costs of Distributed Solar Energy and Innovative Solar Deployment Models, DOE-EERE

Comments of the Edison Electric Institute Net Benefits and Costs of Distributed Solar Energy and Innovative Solar Deployment Models, DOE-EERE Comments of the Edison Electric Institute Net Benefits and Costs of Distributed Solar Energy and Innovative Solar Deployment Models, DOE-EERE Category 2 - Innovative Solar Deployment Models Edward H. Comer,

More information

Solar Photovoltaic System, Valuation and Leasing Overview

Solar Photovoltaic System, Valuation and Leasing Overview ASA-LA and SCCAI Annual Joint Dinner Common Sense Solar Solar Photovoltaic System, Valuation and Leasing Overview James Finlay, MRICS May 12, 2015 RICS - Solar Leasing 10/16/2014 1 Presentation Overview

More information

Supporting Solar Power in Renewables Portfolio Standards:

Supporting Solar Power in Renewables Portfolio Standards: Supporting Solar Power in Renewables Portfolio Standards: Experience from the United States Ryan Wiser and Galen Barbose Lawrence Berkeley National Laboratory Edward Holt Ed Holt & Associates October 2010

More information

RENEWABLE ENERGY STANDARDS AND

RENEWABLE ENERGY STANDARDS AND RENEWABLE ENERGY STANDARDS AND LEGISLATIVE PATHS TO IMPLEMENTATION Robert S. Kenney, Commissioner Missouri Public Service Commission P.O. Box 360 Jefferson City, MO 65102 (573) 751-4132 robert.kenney@psc.mo.gov

More information

State Clean Energy Fund Support for Renewable Energy Projects

State Clean Energy Fund Support for Renewable Energy Projects State Clean Energy Fund Support for Renewable Energy Projects Key Findings from the 2009 CESA National Database Project Deployment Results from State Renewable Energy Program Activities: 2009 Annual and

More information

Distributed Energy Resource Options and The Importance of The Electric Power Grid

Distributed Energy Resource Options and The Importance of The Electric Power Grid Distributed Energy Resource Options and The Importance of The Electric Power Grid David K. Owens Executive Vice President Edison Electric Institute National Conference of State Legislatures Webinar on

More information

PG&E Corporation. UBS Natural Gas, Electric Power and Coal Conference March 5, 2009

PG&E Corporation. UBS Natural Gas, Electric Power and Coal Conference March 5, 2009 PG&E Corporation UBS Natural Gas, Electric Power and Coal Conference March 5, 2009 Cautionary Language Regarding Forward-Looking Statements This presentation contains management s guidance for PG&E Corporation

More information

California Distributed Generation (DG)

California Distributed Generation (DG) California Distributed Generation (DG) Timothy Alan Simon Commissioner, California Public Utilities Commission Chair, Gas Committee, National Association of Regulatory Utility Commissioners Harvard Electricity

More information

Delaware Sustainable Energy Utility

Delaware Sustainable Energy Utility Delaware Sustainable Energy Utility Senator Harris B. McDowell, III Chair, Energy and Transit Committee Chair, Sustainable Energy Utility Task Force New Direction Create Significant Sustainable Energy

More information

APS 2011 Solar & Energy Efficiency Programs and Incentives for the Municipal Sector

APS 2011 Solar & Energy Efficiency Programs and Incentives for the Municipal Sector APS 2011 Solar & Energy Efficiency Programs and Incentives for the Municipal Sector Sustainable Cities Network Solar and Energy Efficiency Workgroup Jan 20, 2011 Rex Stepp APS Renewable Energy Customer

More information

Solar Energy for the Homeowner. Glen Salas

Solar Energy for the Homeowner. Glen Salas Solar Energy for the Homeowner Glen Salas Topics Solar Basics and Energy Efficiency U.S. Solar Resources Solar Water and Home Heating Solar Electric Power (Photovoltaic) Incentives and Electric Metering

More information

Summary of Results: Solar and Storage Cost Survey

Summary of Results: Solar and Storage Cost Survey DG Hub Summary of Results: Solar and Storage Cost Survey Rev: 12/21/15 TABLE OF CONTENTS Introduction...3 About the Survey...3 Survey Respondents...3 Solar and Storage Market Development...3 Battery Technology

More information

1 REST is one of the acronyms used to describe the Renewable Energy Standard,

1 REST is one of the acronyms used to describe the Renewable Energy Standard, Arizona Public Service Co., Tucson Electric Power Co., and UniSource Energy Services Renewable Energy Standard, and Tariff Annual Implementation Plans Brief Sheet The Essentials In order to comply with

More information

SUMMARY OF ELECTRIC UTILITY CUSTOMER-FUNDED ENERGY EFFICIENCY SAVINGS, EXPENDITURES, AND BUDGETS

SUMMARY OF ELECTRIC UTILITY CUSTOMER-FUNDED ENERGY EFFICIENCY SAVINGS, EXPENDITURES, AND BUDGETS SUMMARY OF ELECTRIC UTILITY CUSTOMER-FUNDED ENERGY EFFICIENCY SAVINGS, EXPENDITURES, AND BUDGETS Issue Brief March 2014 Summary of Electric Utility Customer-Funded Energy Efficiency Savings, Expenditures,

More information

Midwest Renewable Energy Tracking System, Inc.

Midwest Renewable Energy Tracking System, Inc. Midwest Renewable Energy Tracking System, Inc. The Role of Tracking Systems in the Clean Power Plan January 14, 2016 Iowa 111(d) Stakeholder Meeting Ben Gerber Executive Director Dan King Program and Policy

More information

PPA A Cost-effective Approach to Solar Energy. By Richard Beam, MBA Providence Health & Services March 11, 2010

PPA A Cost-effective Approach to Solar Energy. By Richard Beam, MBA Providence Health & Services March 11, 2010 PPA A Cost-effective Approach to Solar Energy By Richard Beam, MBA Providence Health & Services March 11, 2010 PPA Basic Definitions PPA is a legal contract between an electricity generator (provider)

More information

ATCAVE 2012. Expo February 29, 2012

ATCAVE 2012. Expo February 29, 2012 Renewable Energy Sources for Water and Wastewater Facilities ATCAVE 2012 Annual Technical Conference and Vendor Expo February 29, 2012 Presented by Sebastian Amenta PE Regional Program Director Comprehensive

More information

Value of Distributed Generation

Value of Distributed Generation Value of Distributed Generation Solar PV in Rhode Island July 2015 Overview Distributed energy resources (DERs) like solar photovoltaic (solar PV) systems provide unique value to the electric grid by reducing

More information

State Tax Credit Exchange

State Tax Credit Exchange State Tax Credit Exchange Overview of State & Federal Tax Credits George L. Strobel II September 3, 2015 Tax Credits The Concept Governmental incentives aimed at fostering specific business activities

More information

Solar 101. Presented by: Massachusetts Clean Energy Center. January 29, 2014

Solar 101. Presented by: Massachusetts Clean Energy Center. January 29, 2014 Solar 101 Presented by: Massachusetts Clean Energy Center January 29, 2014 Outline Introduction Solar PV Basics Overview of Solarize Mass Solar PV Incentives and Economics Getting Started 2 MassCEC Statutory

More information

Value of Distributed Generation

Value of Distributed Generation Value of Distributed Generation Solar PV in Massachusetts April 2015 Overview Distributed energy resources (DERs) like solar photovoltaic (solar PV) systems provide unique value to the electric grid by

More information

2014 EIA Energy Conference. Edward Randolph Director, Energy Division California Public Utilities Commission

2014 EIA Energy Conference. Edward Randolph Director, Energy Division California Public Utilities Commission 2014 EIA Energy Conference Edward Randolph Director, Energy Division California Public Utilities Commission July 14, 2014 Clean Electricity Policy Initiatives In California (Partial) Wholesale Renewables

More information

Market Conditions Impacting LFGE Project Development

Market Conditions Impacting LFGE Project Development Market Conditions Impacting LFGE Project Development SWANA Quad State Conference Virginia Beach, VA Brent L. Dieleman Project Professional SCS Engineers July 28, 2011 Discussion Points Incentives Private

More information

Opportunity, Policy, and Practice for Renewable Energy: New Mexico Case Study

Opportunity, Policy, and Practice for Renewable Energy: New Mexico Case Study Opportunity, Policy, and Practice for Renewable Energy: New Mexico Case Study 1 Federal policy: RPS, RES, CES Program Design Element S 3813 Renewable Energy Promotion Act 2010 (Bingaman) S. 1462 American

More information

PAYBACK ON RESIDENTIAL PV SYSTEMS WITH 2009-2016 UNCAPPED 30% FEDERAL INVESTMENT TAX CREDIT

PAYBACK ON RESIDENTIAL PV SYSTEMS WITH 2009-2016 UNCAPPED 30% FEDERAL INVESTMENT TAX CREDIT PAYBACK ON RESIDENTIAL PV SYSTEMS WITH 2009-2016 UNCAPPED 30% FEDERAL INVESTMENT TAX CREDIT Andy Black OnGrid Solar Energy Systems 4175 Renaissance Dr. #4, San Jose, CA 95134, USA andy@ongrid.net, (408)

More information

Tracking and Verification of DG Generation and RECs

Tracking and Verification of DG Generation and RECs Tracking and Verification of DG Generation and RECs Ninth National Green Power Marketing Conference, October 4, 2004, Albany, NY David Beavers, Cadmus Group, Inc. Sam Swanson, Pace Law School Energy Project

More information

PG&E and Renewable Energy. Chuck Hornbrook Senior Manager Solar and Customer Generation

PG&E and Renewable Energy. Chuck Hornbrook Senior Manager Solar and Customer Generation PG&E and Renewable Energy Chuck Hornbrook Senior Manager Solar and Customer Generation PG&E and our Business What we do: Deliver safe, reliable, and environmentally responsible gas and electricity to approximately

More information

SOLAR PV FINANCING: POTENTIAL LEGAL CHALLENGES TO THE THIRD PARTY PPA MODEL

SOLAR PV FINANCING: POTENTIAL LEGAL CHALLENGES TO THE THIRD PARTY PPA MODEL SOLAR PV FINANCING: POTENTIAL LEGAL CHALLENGES TO THE THIRD PARTY PPA MODEL By Katharine Kollins, MBA/MEM Lincoln Pratson, Adviser December 5, 2008 Masters Project submitted in partial fulfillment of the

More information

Rates and Bills An Analysis of Average Electricity Rates & Bills in Georgia and the United States

Rates and Bills An Analysis of Average Electricity Rates & Bills in Georgia and the United States Rates and Bills An Analysis of Average Electricity Rates & Bills in Georgia and the United States During regulatory and public policy discussions of electricity costs for Georgia ratepayers, the conversation

More information

Selling Renewable Energy in Michigan. Julie Baldwin Michigan Public Service Commission Michigan Wind Conference 2009 March 3, 2009

Selling Renewable Energy in Michigan. Julie Baldwin Michigan Public Service Commission Michigan Wind Conference 2009 March 3, 2009 Selling Renewable Energy in Michigan Julie Baldwin Michigan Public Service Commission Michigan Wind Conference 2009 March 3, 2009 Michigan Public Service Commission Three Governor-appointed Commissioners

More information

U.S.A. and China Solar PV Market

U.S.A. and China Solar PV Market U.S.A. and China Solar PV Market & PPA Solar Project Development Kevin Gao VP, CA Solar LLC kevingao@casolarco.com Table of Content Solar Panel Pricing & Cost Trend USA Solar Market China Solar Market

More information

Summary of Eversource materials

Summary of Eversource materials Summary of Eversource materials Eversource premise is based on incomplete data Eversource claims that solar drives up net costs for residents and businesses However, at no time do they include the benefits

More information

RPS in Texas - Lessons Learned & Way Forward 1

RPS in Texas - Lessons Learned & Way Forward 1 RPS in Texas - Lessons Learned & Way Forward 1 by Gürcan Gülen, Michelle Michot Foss, Ruzanna Makaryan, Dimitry Volkov Center for Energy Economics, Bureau of Economic Geology, University of Texas at Austin

More information

The Treatment of Renewable Energy Certificates, Emissions Allowances, and Green Power Programs in State Renewables Portfolio Standards

The Treatment of Renewable Energy Certificates, Emissions Allowances, and Green Power Programs in State Renewables Portfolio Standards The Treatment of Renewable Energy Certificates, Emissions Allowances, and Green Power Programs in State Renewables Portfolio Standards Edward A. Holt Ed Holt & Associates, Inc. Ryan H. Wiser Lawrence Berkeley

More information

Commercial & Industrial

Commercial & Industrial 0 Commercial & Industrial 1 Cut the cord on rising energy costs Looking for a way to reduce your operating expenses and increase profits? Install a solar energy system and generate your own clean, renewable

More information

California Solar Initiative

California Solar Initiative California Solar Initiative 2 Content Introduction Overview of California Solar Initiative (CSI) Generation Interconnection Services (GIS) ClimateSmart 3 PG&E s Integrated Approach Energy Efficiency Reduce

More information

A Study of Increased Use of Renewable Energy Resources in Virginia

A Study of Increased Use of Renewable Energy Resources in Virginia A Study of Increased Use of Renewable Energy Resources in Virginia Prepared for The Virginia Commission on Electrical Utility Restructuring, January 6, 2006 The Virginia Center for Coal and Energy Research

More information

Strategies for the Use of Sustainable and Renewable Energy (SURE) Track 7 State and Federal Policies and Incentives.

Strategies for the Use of Sustainable and Renewable Energy (SURE) Track 7 State and Federal Policies and Incentives. Strategies for the Use of Sustainable and Renewable Energy (SURE) Track 7 State and Federal Policies and Incentives October 27, 2006 ultra-clean power delivered to customers around the world State and

More information

The Appraisal of Renewable Energy Facilities and Solar Installations

The Appraisal of Renewable Energy Facilities and Solar Installations The Appraisal of Renewable Energy Facilities and Solar Installations Joseph Kettell, ASA Appraisal Economics Inc. Paramus, New Jersey Appraisal Economics Inc. 1 Presentation overview Technology Mix for

More information

Hawai i s PV Challenge/Opportunity

Hawai i s PV Challenge/Opportunity Hawai i s PV Challenge/Opportunity UWIG Solar Integration Workshop Lahaina, Maui October 11, 2011 Mark Duda President, PO Box 37070 Honolulu HI, 96837 www.hsea.org mark@dephawaii.com Hawai i Market Drivers

More information

Renewable Energy and Energy Efficiency for Tribal Community and Project Development. Basic Energy and Market Terms

Renewable Energy and Energy Efficiency for Tribal Community and Project Development. Basic Energy and Market Terms Renewable Energy and Energy Efficiency for Tribal Community and Project Development Basic Energy and Market Terms Overview Provide background terminology and information to course participants Discuss

More information

States with In-State Resource RPS Requirements

States with In-State Resource RPS Requirements States with In-State Resource RPS Requirements Prepared by the North Carolina Clean Energy Technology Center This research is based on information from the Database of State Incentives for Renewables and

More information

SMALL SOLAR. 2014 Nebraska Wind and Solar Conference and Exhibition. Guy C. Smith October 29, 2014

SMALL SOLAR. 2014 Nebraska Wind and Solar Conference and Exhibition. Guy C. Smith October 29, 2014 SMALL SOLAR 2014 Nebraska Wind and Solar Conference and Exhibition Guy C. Smith October 29, 2014 TYPES OF SOLAR PROJECTS Concentrated Solar Projects (CSP) Systems generate solar power using mirrors or

More information

NJ Solar Energy. NARUC/USAID Internship Program August 6-21 Salma Hussien Osman

NJ Solar Energy. NARUC/USAID Internship Program August 6-21 Salma Hussien Osman NJ Solar Energy NARUC/USAID Internship Program August 6-21 Salma Hussien Osman Outstanding NJ Clean Energy Program New Jersey is the fastest growing markets for solar photovoltaics in the United States

More information

Carroll Gardens Columbia Waterfront Cobble Hill Gowanus Park Slope Red Hook. Commercial & Business Solar Workshop As of 9/29/15.

Carroll Gardens Columbia Waterfront Cobble Hill Gowanus Park Slope Red Hook. Commercial & Business Solar Workshop As of 9/29/15. Carroll Gardens Columbia Waterfront Cobble Hill Gowanus Park Slope Red Hook Commercial & Business Solar Workshop As of 9/29/15 Partners: What is Solarize? The Power of Community. Reducing the costs of

More information

Utility Solar Business Models: Expanding New Solar Markets

Utility Solar Business Models: Expanding New Solar Markets Utility Solar Business Models: Expanding New Solar Markets February, 16, 2011 IEA PVPS TASK 1 WORKSHOP Tom Nicholas, Central Regional Director, Solar Electric Power Association About SEPA Formed in 1992

More information

Tracking the Sun VI An Historical Summary of the Installed Price of Photovoltaics in the United States from 1998 to 2012

Tracking the Sun VI An Historical Summary of the Installed Price of Photovoltaics in the United States from 1998 to 2012 Tracking the Sun VI An Historical Summary of the Installed Price of Photovoltaics in the United States from 1998 to 2012 Galen Barbose, Naïm Darghouth, Samantha Weaver, and Ryan Wiser Lawrence Berkeley

More information

The Narragansett Electric Company d/b/a National Grid

The Narragansett Electric Company d/b/a National Grid The Narragansett Electric Company d/b/a National Grid Rhode Island Renewable Energy Growth Program Solicitation and Enrollment Process Rules for Small-Scale Solar Projects Effective Date: April 1, 2015

More information

The Current and Future State of Solar. Walter Cuculic SolarCity - National Sales Manager Builder Program

The Current and Future State of Solar. Walter Cuculic SolarCity - National Sales Manager Builder Program The Current and Future State of Solar Walter Cuculic SolarCity - National Sales Manager Builder Program Agenda Solar Trends and Market Overview and Trends Residential Markets 3 rd Party Ownership Which

More information

Electricity Prices Panel

Electricity Prices Panel Electricity Prices Panel Presentation to CCRE Roundtable Hockley Valley March 27, 214 Amir Shalaby, Vice President, Power System Planning March 27, 214 Today s Journey to Residential Bills Part I: Electricity

More information

Combined Heat and Power (CHP) En Banc Hearing October 7, 2014, University of Pittsburgh

Combined Heat and Power (CHP) En Banc Hearing October 7, 2014, University of Pittsburgh Combined Heat and Power (CHP) En Banc Hearing October 7, 2014, University of Pittsburgh Thomas G. Bourgeois Deputy Director (914) 422 4013 tbourgeois@pace.edu CHP in the Northeast States CT, MA, NY recognize

More information

The Policy and Market Environment for Renewable Energy Development

The Policy and Market Environment for Renewable Energy Development Gunnar Birgisson of Bracewell & Giuliani LLP Speaker 15: 1 The Policy and Market Environment for Renewable Energy Development Gunnar Birgisson March 2008 An Era for Renewables? Growth and Interest: Wind

More information

Federation of State Boards of Physical Therapy Jurisdiction Licensure Reference Guide Topic: Licensure Endorsement

Federation of State Boards of Physical Therapy Jurisdiction Licensure Reference Guide Topic: Licensure Endorsement The table below lists the licensure requirements for already-licensed PTs and PTAs applying for licensure in another jurisdiction. Summary Number of jurisdictions requiring license from: license was ever

More information