Rocky Mountain Utility Efficiency Exchange...market and industry to create jobs, increase energy...
Transcript of Rocky Mountain Utility Efficiency Exchange...market and industry to create jobs, increase energy...
Rocky Mountain Utility Efficiency Exchange
Joani Matranga Market Development Manager
October 12,2011
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Colorado Governor’s Energy Office (GEO)
The Governor’s Energy Office promotes sustainable economic development in Colorado through advancing the state’s energy market and industry to create jobs, increase energy security, lower long term consumer costs, and protect our environment.
Cost
Security
Jobs
Mission
Environment
+Innovation
Success: Renewable Energy Jobs
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US Economy is Inefficient
U.S. Energy Conversion Efficiency That is, the Ratio of Used Energy (Useful
Work) to Total Energy
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Title/Header/Main Point
1. Develop and deliver a plan for a balanced energy portfolio for Colorado statewide
2. Increase the adoption of compressed natural gas as a component of a balanced energy portfolio for transportation fuels
3. Unlock potential investment by eliminating the roadblocks to residential and commercial energy efficiency financing
4. Support the administration’s efforts to boost the innovation ecosystem in the State
5. Increase the energy literacy in the Colorado
2011-2012 GEO Program Goals
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Title/Header/Main Point
• Develop and deliver a plan for a balanced energy portfolio for Colorado statewide
• Increase the adoption of compressed natural gas as a component of a balanced energy portfolio for transportation fuels
• Unlock potential investment by eliminating the roadblocks to residential and commercial energy efficiency financing
• Support the administration’s efforts to boost the innovation ecosystem in the State
• Increase the energy literacy in the Colorado
2011-2012 GEO Goals
Looking to the Data on Electricity Costs
Levelized Cost (Cents/kWh)
Source: Lazard 2009
Note: The green bars represent the lower end while the blue bars reflect the upper end of costs
The cheapest resource
An Inclusive Balanced Energy Portfolio Stakeholder Process Provides Transparency in Electric Power Policy
Holistic Quantitative Analysis
Internal Factors Fuel cost projection Interest rates Construction costs O&M costs Heat rates Capacity factors Capacity values
External Factors Job creation Risk mitigation Price volatility Health impacts of pollutants Cost of water Others?
NREL
Academia
SMEs
Enviros
Munis
REAs
IPPs
IOUs
GEO CDPHE DNR PUC
OCC Fuels Consumer Public
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Title/Header/Main Point
• Develop and deliver a plan for a balanced energy portfolio for Colorado statewide
• Increase the adoption of compressed natural gas as a component of a balanced energy portfolio for transportation fuels
• Unlock potential investment by eliminating the roadblocks to residential and commercial energy efficiency financing
• Support the administration’s efforts to boost the innovation ecosystem in the State
• Increase the energy literacy in the Colorado
2011-2012 GEO Goals
The Transportation Sector is Colorado’s Biggest Energy Consumer
U.S. Department of Energy, Energy Information Administration (2009)
Residential
23%
Commercial
20%
Industrial 28%
Transportation 29%
Colorado Energy Consumption by End Use 1,452 Trillion BTUs
Colorado’s Energy Use in Perspective
1,452 Trillion BTUs
= 11.7 Billion Gallons of Gasoline 7 Trillion 60W Light Bulbs 433 Million Gas Grills
CNG Demonstrates Significant Potential for Increasing Colorado’s Prosperity
MISSION The Governor’s Energy Office promotes sustainable economic development in Colorado through advancing the state’s energy markets and industry to create jobs, increase energy security, lower long term consumer costs, and protect our environment.
Natural Gas Availability Million GGE / day, 2009
Colorado Consumption
Current Production Exports
11.3 31.0 19.7
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$1
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Apr-00 Apr-01 Apr-02 Apr-03 Apr-04 Apr-05 Apr-06 Apr-07 Apr-08 Apr-09 Apr-10
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U.S. Average Retail Fuel Prices
Propane
E85
B99/B100
B20
Gasoline
Diesel
CNG
Gasoline
Diesel
CNG
Tar sands
CTL
E85
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time
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$570M Invested
32,000+ New Jobs
$1.45B Invested
88,000+ New Jobs
Benefits to Colorado Scenario
The Broader Message – Economic Security and Energy Independence
Industry Reaction to CAFE Plug-In Hybrid and Electric Vehicles
• Mix of hybrid, plug-in hybrid, and electric vehicles being developed (12 new models expected globally in 2012) • Ford-Toyota partnership, GM-LG electronics partnership announced to share EV technologies •$2.4 Billion investment by the U.S. Department of Energy in battery technologies
The Colorado Story with EVs
• Limited consumer availability: Chevrolet Volt, Nissan Leaf, and ford focus all expected to come to market. Tesla
and Fiskars currently available.
• Startup companies include: American Electric Vehicle, Boulder Electric Vehicle, Proterra, UQM, Prieto Battery,
Bye Energy – currently estimated at 154 jobs. Boulder Electric Vehicle has the capacity to produce 10,000
vehicles annually and employ up to 750 people.
*Source: Pike Research (2011)
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Global Plug-In Hybrid and Battery Electric Vehicle Sales
Projections
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Title/Header/Main Point
• Develop and deliver a plan for a balanced energy portfolio for Colorado statewide
• Increase the adoption of compressed natural gas as a component of a balanced energy portfolio for transportation fuels
• Unlock potential investment by eliminating the roadblocks to residential and commercial energy efficiency financing
• Support the administration’s efforts to boost the innovation ecosystem in the State
• Increase the energy literacy in the Colorado
2011-2012 GEO Goals
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Title/Header/Main Point
Residential and Small Commercial Energy Efficiency Financing
Energy Performance Contracting (EPC) GEO provides technical oversight and standardization $350MM in upgrades for public entities and schools GEO Won DOE SEP grant $600,000 to pilot EPC for private entities
Green Colorado Credit Reserve Supports Main Street Efficiency Programs Partnering with banks and regional COGS to support loans for small businesses
Other Energy Star Mortgage Program Collaborative Learning Better Buildings Grant Programs
What ever happened to PACE? Alternatives? Energy Efficiency Market Study
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Title/Header/Main Point
• Develop and deliver a plan for a balanced energy portfolio for Colorado statewide
• Increase the adoption of compressed natural gas as a component of a balanced energy portfolio for transportation fuels
• Unlock potential investment by eliminating the roadblocks to residential and commercial energy efficiency financing
• Support the administration’s efforts to boost the innovation ecosystem in the State
• Increase the energy literacy in the Colorado
2011-2012 GEO Goals
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Innovation Energy Job Creation
•CREED- Colorado Renewable Energy for Economic Development Collaborative Effort- www.creed.org
Colorado Cleantech Industries Association NREL Colorado Collaboratory Clean Launch GEO OEDIT CAMT Colorado Clean Energy Cluster
Energy Efficiency Business Coalition
• GEO Alignment with OEDIT to work with Businesses to address barriers and identify supply chain opportunities GE Primestar to Colorado Carbon Capture Water Treatment /Recycling for Flow Back water in Gas Drilling Green Greenhouses Geothermal Developments Biomass Power Plant- Biochar for Reclamation
•COLORADO BLUEPRINT for Economic Development Bottom Up Process Innovation Clusters
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GEO GOALS 2011-2012
• Develop and deliver a plan for a balanced energy portfolio for Colorado statewide
• Increase the adoption of compressed natural gas as a component of a balanced energy portfolio for transportation fuels
• Unlock potential investment by eliminating the roadblocks to residential and commercial energy efficiency financing
• Support the administration’s efforts to boost the innovation ecosystem in the State
• Increase the energy literacy in the Colorado
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2010 2015 2020 2025 2030
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Energy Bill Savings Net Jobs
A 25% Energy Bill Savings by 2030 Drives a Net Gain in Colorado Jobs
Bottom line: a more
resilient economy with
perhaps a net gain of
35,000 more jobs. . .
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Energy Literacy
Community Energy Coordinators in Rural Areas Work Regionally Work with a Regional Advisory Board Support a conversation on a Regional Local Strategy Educate public on opportunities for Efficiency and Renewable Energy Build Local Capacity Sustainability Coordinators in Metro Areas Provided network for support of activities Coordinate use of EECBG Funds Future Outreach Partnerships Providing information on energy future Supporting energy and jobs and economic development Looking for Sustainable funding for CEC
GEO Seeks to Build on Colorado’s Legacy of Success from the Energy Industry
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Thanks to the Utility Exchange Partnerships
Over the past 4 years Learning for implementation Start-up business development Local Partnerships Consultant & Contractor capacity Publicize on- the-ground Success Future: Continue Build the Case for Efficiency Collaborate Get Efficient Build Partnerships Statewide Market Study for Energy Efficiency
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GEO Team
TJ Deora Director Alex Schroeder Senior Transportation Fuels Program
Manager Angie Fyfe Associate Director, Operations Stacey Simms Associate Director, Programs Morey Wolfson Transmission Policy Advisor Paul Scharfenberger Finance Program Manager Francisco Flores Program Manager- RE
Denise Stepto Public Information Officer Mona Newton Senior Market Development Manager Joani Matranga Market Development Manager Doug Karl Weatherization Director
Governor’s Energy Office State of Colorado
1580 Logan Street, Suite OL1 Denver, Colorado 80203
(303) 866-2202
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GEO Thank you
Joani Matranga Market Development Manager Carbondale, CO 81623 970 366 6036 [email protected]
Sample Governor’s Energy Office Accomplishments for 2011 P
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Legislative Regulatory Other
• Secured SB-45, HB-1199, HB-1204, HB-1262
• Obtained commitments from key Senate Ds and House Rs to resolve funding issue in 2012 leg session
• Mediated settlements for Xcel and BHE PV incentive programs
• Negotiated settlements for REC sales and BHE wind dockets
• Restructured Xcel TRC for PV standby cost study
• Developed analytical energy resource model for EPS
• Developed policy roadmap and priorities for the Hickenlooper administration
• Selected PUC Chair Candidate
• Secured loan commitments for 100% of RLF; 1 add’l loan closed, balance by 2Q12
• Closed rebate program ($15 mm ARRA, $90 mm private leverage
• Launched FERC small hydro permit process
• Completed 100% ARRA program targets (6000 homes) with 60% spend
• Secured $9 MM of LEAP funding for weatherization investment
• Addressed State audit findings
Non-Weatherization Weatherization
• Began spin-outs of CCF and Recharge • Streamlined staff from 47 FTEs to 36 FTEs
through consolidations and shift to temporary staff
• Secured $600K of DOE competitive funds for Private EPC Market study
• Developed detailed (JBC ready) state budget request • Launched new GEO website