Energy policy overview

Transcription

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2 Energy policy overview Energy landscape and national trends in policy Changing markets and emerging issues Legislative activity in the past year CNEE resources

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5 Source: U.S. EPA

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11 *These results include Navajo 2&3 which total 6.3% of coal generation.

12 US GHG emissions (USEPA)

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15 Components of utility bill Colorado

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21 Compared to Solar Leaders Spain and Germany

22 State and local emissions commitments

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27 United States Climate Alliance

28 Governors Accord for a New Energy Future

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31 Existing State Policies (EE, RE and Emissions)

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33 Number of States* MT ND* OK* SD* TX WI ME CO CT KS* MD MA NM WA MI MO NC PA SC* IN* MN NH UT* VA* DE IL OH RPS Target Dates 10 5 NJ CA NY DC VT RI OR HI 0 * States with a voluntary goal. Target Year

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36 Schedule of Wind and Solar Tax Credits Consolidated Appropriations Act of Future Wind PTC Full Full 80% 60% 40% 0% 0% 0% Solar ITC 30% 30% 30% 30% 30% 26% 22% 10% The Full (100%) wind PTC value is 2.3 /kwh for electricity production over the first ten years. The schedules reflect commenced-construction dates for all categories except Solar ITC Residential Host-Owned for which placed-in-service dates are shown.

37 30 DE AR* AZ CO CT ME NH NM EERS Target Dates VA* CA FL* Number of States 15 OH HI Target Year * States with a voluntary goal.

38 Practicing Risk-Aware Electricity Regulation: What Every State Regulator Needs to Know. Ronald J. Binz Public Policy Consulting. A Ceres Report, April, 2012.

39 Source: DOE and EPRI, 2017

40 Cities and Corporations

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43 Group Goals Members Notable US Companies Founder Est. Encourage companies to set 100% RE procuremen t goal 100+ large int l companies Bank of America (2020) General Motors (2050) Microsoft (2014) Walmart (2020) We Mean Business coalition 2014 Support action to meet Paris Agreement 1,500+ US business and investors Apple, Amazon, Google, Target Michael Bloomberg & Gov Jerry Brown 2017 Add 60GW of RE to US grid by companies, developers, and intermediaries Disney, Facebook, FedEx, Lockheed Martin Rocky Mountain Institute 2015 Help companies buy 60GW of RE by 2025 Buyers associations (eg BRC, Future of Internet Power) N/A BRC, WRI, BSR, WWF 2016

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47 Summary of Electrify America Investment Plan VW Settlement

48 VW Settlement - $15 Billion State Allocations for Environmental Remediation $2.7 National Investment in EV Infrastructure, education/awareness $1.2 Customer Buyback $10.3 National/ California Investment $2.0 California Investment in EV Infrastructure, education/awareness, green cities $0.8

49 State allocations STATE MILLION$ Arizona $53.01 Colorado $61.31 Connecticut $51.64 Delaware $9.05 Hawaii $7.50 Illinois $97.70 Michigan $60.33 Minnesota $43.64 Montana $11.60 Nevada $22.26 New York $ North Carolina $87.18 $2.7 B Distributed to States for Remediation Up to 15% of allocation in each state can be spent on light duty vehicle EV Infrastructure 85% is spent on heavy duty vehicle emission reductions (can include electrification, diesel upgrades, natural gas, etc )

50 National allocation $1.2 B will be spent in $300M increments over 30 Month Cycles

51 Cycle 1 Investment plan ($300M)

52 Possible Issues & Questions How can states leverage the EA investment to expand the charging infrastructure and take advantage of infrastructure upgrades? Are commissions considering investments in charging capacity as it relates to existing or projected transmission constraints and increases in demand capacity? Are PUCs empowered to consider expansion of EV charging capacity under their authority as a just and reasonable investment? Are they looking at how charging will be done at these stations?

53 Electrification

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55 Source: The Brattle Group

56 Source: The Brattle Group

57 Source: The Brattle Group

58 CNEE Resources and Legislative activity

59 SPOTforCleanEnergy.org

60 itunes Amazon

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62 Enacted Legislation by Category Economic Development Electricity Generation Emissions Energy Efficiency Financing & Financial Incentives Infrastructure Natural Gas Development Regulatory Transportation Total

63 Most Frequently Enacted Legislation by Policy Type Incentives (16 bills) RPS (23 bills) Regulation (5 bills) Lead by Example (10 bills) Tax Incentives (44 bills) Workforce (10 bills) RPS (14 bills) Regulation (11 bills) Lead by Example (7 bills) Tax Incentives (30 bills) Workforce (8 bills) RPS (15 bills) Regulation (11 bills) Buildings & Appliances (8 bills) Tax Incentives (24 bills) Incentives (12 bills) NEM, FIT, & Interconnection (10 bills) GHG Initiatives (9 bills) ESPC (7 bills) Loans & Grants (23 bills) Siting & Planning* (36 bills) Split Estate (15 bills) State Agencies (61 bills) Lead by Example (11 bills) * Does not include natural gas pipelines. Siting & Planning* (24 bills) Split Estate & Taxes (tied: 9 bills) State Agencies (36 bills) Natural Gas Vehicles (18 bills) Siting & Planning* (26 bills) Taxes (11 bills) State Agencies (47 bills) Multiple Vehicle Types (12 bills) Siting & Planning* (21 bills) Taxes (13 bills) State Agencies (23 bills) Electric Vehicles (6 bills)

64 Background