British Columbia s Clean Energy Vision

Transcription

1 British Columbia s Clean Energy Vision Innovative Technologies and Green Energy Solutions National Environmental Conference Brunei Darussalam July 1, 2010

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3 Profile of British Columbia Overview British Columbia is Canada s westernmost province, located on the Pacific coast of North America. Canada s third-largest province 944,735 sq km or 364,764 sq miles -- the size of the United Kingdom and France combined, larger than any American state except Alaska. Population & Cultural Diversity Population: 4.4 million. BC s aboriginal people are known as First Nations, and there are 197 First Nations bands in the province. Punjabi and Cantonese are the most frequently spoken languages besides English. Parkland More than 13.5 million hectares of protected, land over three times the size of Denmark. Nearly 1,000 provincial parks and protected areas, attracting about 24 million visits every year.

4 Profile of British Columbia (con t.) Economic Canada s third-largest generator of hydro electricity and Canada s secondlargest natural gas producer. Third-largest film centre in North America after New York and Los Angeles. Traditional industries include forestry, mining and fishing. Third-largest clean energy technology cluster in the world. Top exports Energy products Wood products Pulp and paper products Machinery and equipment Metallic mineral products GHG Emissions In 2007, BC emitted 67.3 million tonnes of greenhouse gas emissions measured in carbon dioxide equivalent (CO2e), representing approximately 8.6 per cent of Canada s total GHG emissions. On a per capita basis, BC is one of the lowest greenhouse gas emitters in North America.

5 POLICY ACTIONS: Climate Action Plan: Revenue neutral carbon tax, Western Climate Initiative (WCI), carbon neutral government, renewable and low carbon fuel requirements, green building code, efficiency standards BC Energy Plan (2007): 90% electricity from clean energy, offset natural gas, carbon capture & storage (CCS) for coal, energy self- sufficiency by 2016, 50% of new incremental supply from energy efficiency and conservation, support for innovative clean energy technology Clean Energy Act (2010): 93% electricity from clean energy, 66% of new supply from energy efficiency and conservation, electricity self-sufficiency at low rates, longterm planning, harness BC s clean power potential to create jobs throughout BC, strengthen environmental stewardship and reduce GHGs.

6 BC Climate Action Target reduce BC s GHG emissions by at least 33% below current levels by 2020

7 Actions by Sector Electricity New facilities zero GHG emissions Zero net GHG emissions from existing power plants Self sufficiency Waste Landfill methane capture Electricity 3% Waste 8% Agriculture 4% Agriculture Anaerobic digesters Improved fertilizer application Bioenergy Fossil Fuel Production & Industry Cap and trade system Regulation Transportation Tailpipe standards Renewable fuel and Low carbon fuel standard Hydrogen highway Transit Green Communities Fossil Fuel Production 21% Transportation 38% Industry 15% Residential & Commercial 11% Residential & Commercial Green Building Code Green developments Smart metering Energy retrofits Energy efficiency standards

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9 Conservation and Energy Efficiency Energy Efficiency Incentives: home energy retrofits programs and incentives for businesses and industry transportation actions (renewable and low carbon fuels, tailpipe emission standards, incentives for cleaner transportation options) support for community action on energy and emissions government action leading by example

10 BC s Renewable Energy Resource Profile Includes electricity, liquid fuels, solid fuels, heat Biomass Biogas Energy Recovery Generation Geothermal Hydro Energy Hydrogen Solar Energy Tidal Energy Wave Energy Wind Energy Other resources

11 Why Renewable Energy? Lower environmental impact than other sources of energy GHG Emissions Land Use Air Quality Abundant resources in BC Markets for clean energy in nearby jurisdictions

12 Challenges for Renewable Energy Development Higher cost Lower energy density Intermittency Short term Seasonal Unproven technologies Remote locations

13 WREZ Qualifying Resource Areas in British Columbia BC Northwest Small Hydro Wind 21,315 MW / 66,010 GWh BC Southwest Small Hydro Large Hydro BC Northeast Small Hydro Large Hydro Wind Wind BC South Small Hydro Large Hydro Wind BC Central 2342 BC Southeast Pine Beetle Small Hydro Sustainable Forestry Wind Small Hydro BC North Small Hydro Geothermal North Vancouver Island Small Hydro 1142 Wind Biomass Wind BC Southwest Coast 1421 Small Hydro Geothermal BC East Small Hydro Wind 1

14 BC Energy Plan -- Investing in Innovation The $25 million/year Innovative Clean Energy (ICE) Fund will encourage the development of clean energy and energy efficient technologies in the electricity, alternative energy, transportation and oil and gas sectors. The $25 million BC Bioenergy Strategy will take advantage of B.C. s abundant sources of renewable energy, such as beetle-killed timber, wood wastes and agricultural residues.

15 ICE Fund -- Mandate Accelerate deployment of clean energy & energy efficiency technologies in the electricity, alternative energy, transportation, and oil & gas sectors. Address energy and environmental priorities identified by government. Showcase technologies that solve problems in British Columbia and other jurisdictions. Support pre-commercial energy technology or commercial technologies not currently used in British Columbia.

16 ICE Fund -- Funding Mechanism $25 million raised annually from a 0.4% levy on final sales of electricity, natural gas, grid propane and fuel oil (non-transportation). Levy assessed on residential, commercial & industrial customers. Annually, a family pays approximately $3 for electricity, $5 for natural gas, and $8 for fuel oil. Levy will end on June 30, 2010.

17 ICE Fund -- Project Totals ICE Fund Investment: More than $60 million Total Investment Value: More than $235 million Projects: 41 Applications: Ocean Tidal and Wave, Solar, Geothermal, Wind, Bioenergy and Energy Conservation and Management Leveraging Value: 3:1

18 ICE Fund -- Opportunities and Partnerships Sustainable Development Technology Canada $500M Clean Tech Fund $500M NextGen Biofuels Fund Northern Development Initiative Trust $10M Community Adjustment Fund Western Economic Diversification $1B Community Adjustment Fund $278M Municipal Rural Infrastructure Fund Natural Resources Canada $850M Clean Energy Fund

19 ICE Fund -- S m a r t G r i d P r o j e c t Pulse Energy Inc. Ice Fund Contribution: $2.42M Total Project Value: $7.25M Community: Haida Gwaii, Hartley Bay, Hesquaiht, Nanaimo, Prince George Completion Date: Summer 2012 Job Creation: 25 Construction Jobs 25 Ongoing Jobs

20 ICE Fund -- Wa v e E n e r g y P r o j e c t SyncWave Systems Inc. Ice Fund Contribution: $2M Total Project Value: $10.48M Community: Tofino Completion Date: Summer 2012 Job Creation: 20 Construction Jobs 10 Engineering Jobs

21 ICE Fund -- B a t t e r y S t o r a g e P r o j e c t BC Hydro and Powertech Labs Inc. Ice Fund Contribution: $204,000 Total Project Value: $618,000 Community: Bella Coola Completion Date: Summer 2000 Job Creation: 5 Construction Jobs 1 Ongoing Job

22 Clean Technology Sector in BC Employs Over 22,000 People 1300 Clean Technology Companies Largest sectors include power generation, energy efficiency, transportation, waste and wastewater, biofuels and biochemicals Average company age is 15 years Early adopter markets in US and EU B.C. is home to 24 Clean Tech Research Centres and Institutes and has 17 Canada Research Chairs

23 Further Support for Clean Energy Development Liquid Fuels from Biomass: $10 million liquid fuel call Bioenergy Strategy: Bioenergy Network - $25 million Solar BC $5 million to fund solar thermal installations BC Renaissance Capital Fund $90M in 09/10 and 10/11 to attract VC funds to BC Venture Capital Program 30% refundable tax credit Climate Action and Clean Energy Fund $100 million over 3 years -$5 million for First Nations Clean Energy Business Fund

24 BC s Low Carbon Future Plug into BC s Green Economy: abundant resources proactive policies and legislation academic and industrial clean tech talent local, regional and international markets For further information: Phone: