PV in NYC: How solar market growth will make New York a cleaner, more secure and more competitive city. Anthony O. Pereira President & CEO

Transcription

1 PV in NYC: How solar market growth will make New York a cleaner, more secure and more competitive city altpower Inc Wednesday 13 March, 2012 New York, NY Anthony O. Pereira President & CEO anthony@altpower.com altpower Ltd 125 Maiden Lane, Suite /43 Gloucester Crescent New York, NY London NW1 7PE USA UK

2 About altpower

3 altpower,inc. New York City altpower, Inc. was founded in 1998 by Anthony O. Pereira. The company has grown to become a regional leader in the New York Metropolitan area. Known for such projects as Rockefeller Center, The US Dept. of Energy Headquarters and all the PV projects in Battery Park City, the company has vast experience in technically challenging urban renewable energy system design, development and installation. Founder and President Anthony O. Pereira sits on the NYC Dept. of Building Electrical Code Review and Interpretation Committee and the Buildings Sustainability Board as well as the Mayor s Solar Cities Advisory Board. Anthony touring The Solaire with CA Governor Schwarzenegger and NY Governor Pataki Anthony touring the Brooklyn Navy Yard wind power installation with y g y y p NYC Mayor Bloomberg

4 GE World Headquarters Fairfield, CT 168 kwp General Electric

5 WY Industries North Bergen, NJ 680 kwp PowerLight Corp.

6 U.S. Department of Energy Headquarters, Washington, D.C. 205 kwp SunPower Corp.

7 GE RE World Headquarters Schenectady, NY General Electric 48 kwp

8 Solar Facts: NYC and Beyond

9 The Load Pocket: Every Square Foot of NYC P e r e z et al A S R C a

10 And if we cover NYC with PV! Perez et al., ASRC

11 Benefits of PV to New York City PV is coincident with peak-power demand & shaves system peaks - July 6, 1999 Perez et al., ASRC 12:00 AM 12:00PM 12:00AM

12 New York Market Facts Space Required to Power NYS TODAY: Almost 3% of NYS is buildings, parking lots and roadways. Yet, only 0.75% of NYS s area needed to produce all the electricity NY ers use! Richard Perez, et al. USA Total = 25,000 km2 PV Richard Perez, et al. Graphic Courtesy of R. Perez

13 WA: 100 OR: 25/2,000* CA: 1,000* NV: 1,000* State policy UT: 25/2,000* AZ: no limit* MT: 50* ND: 100* WY: 25* CO: 2,000 co-ops & munis: 10/25 NM: 80,000* Net Metering / April 2009 MN: 40 MI: 20* WI: 20* IA: 500* IN: 10* OK: 100* MO: 100 IL: 40* KY: 30* AR: 25/300 OH: no limit* WV: 25 GA: 10/100 VT: 250 NC: 20/100* LA: 25/300 HI: 100 KIUC: 50 FL: 2,000* ME: 100 NH: 100 MA: 60/1,000/2,000* RI: 1,650/2,250/3,500* CT: 2,000* NY: 25/500/2,000* PA: 50/3,000/5,000* NJ: 2,000* DE: 25/500/2,000* MD: 2,000 DC: 1,000 VA: 20/500* 40 states & DC have adopted a net metering policy Voluntary utility program(s) only * State policy applies to certain utility types only (e.g., investor-owned utilities) Note: Numbers indicate system capacity limit in kw. Some state limits vary by customer type, technology and/or system application. Other limits may also apply.

14 RPS Policies with Solar/DG Provisions / April 2009 WA: double credit for DG NH: 0.3% solar-electric by 2014 NV: 1% solar by 2015; 2.4 to 2.45 multiplier for PV UT: 2.4 multiplier for solar AZ: 4.5% DG by 2025 CO: 08%solarelectric 0.8% solar-electric by 2020 NM: 4% solar-electric by % DG by 2020 MO: 0.3% solar-electric by 2021 MI: triple credit for solar OH: 0.5% solar by 2025 MA: TBD NY: % customer-sited by 2013 NJ: 2.12% solar-electric by 2021 PA: 0.5% solar PV by 2020 DE: 2.005% solar PV by 2019; triple credit for PV MD: 2% solar-electric in 2022 NC: 0.2% solar MD: 2% l l t i i 2022 by 2018 DC: 0.4% solar by 2020; 1.1 multiplier for solar TX: double credit for non-wind (Non-wind goal: 500 MW) State renewable portfolio standard with solar / distributed generation (DG) provision State renewable portfolio goal with solar / distributed generation provision Solar water heating counts toward solar provision 14 states & DC have an RPS with solar/dg provisions

15 Convergence in prices of electricity from solar PV and of traditional electricity is forecasted for around Source: Stephen O Rourke, Sr. Analyst Deutsche Bank Securities 2008 Invest in Germany

16 Energy Subsidies Black, Not Green Federal Subsidies ( ) 08) Notes: *Carbon capture and storage is a developing technology that would allow coal burning utilities to capture and store their carbon dioxide emissions. Although this technology does not make coal a renewable fuel, if successful it would reduce greenhouse gas emissions compared to coal plants that do not use this technology. **Recognizing that the production and use of corn based ethanol may generate significant greenhouse gas emissions, the data depict renewable subsidies both with and without ethanol subsidies. Sources: Internal Revenue Service, U.S. Department of Energy (Energy Information Administration), Congressional Joint Committee on Taxation, Office of Management and Budget, & U.S. Department of Agriculture, via Environmental Law Institute.

17 Incentives for Grid Tied PV Systems in NYC Current program: NYC Property Tax abatement 20% capped at $200,000 Federal ITC and MACRS NYSERDA PON 2112 or 2156 LIPA Small Commercial Program *Note: Projects must combine incentives to achieve investment interest Other Programs: LIPA s potential FiT LIPA s 50 MW RFP NYPA 100 MW RFP and Misc. Project Announcements NYC DCAS RFP: Rooftop Solar on Public Buildings 2.5 MWs

18 NYC Market Potential NY Solar Jobs Act: SREC Based legislation NYS Feed in Tariff: Needs supporters The Regional Portfolio Standard Customer-Sited Tier Reginal Program NYC has a potential 900MW PV Market if PV were to replace diesal and other generation in the NYS ISO Load Curtailment Program

19 altpower NYC - Rooftop & BIPV Projects

20 Greenpoint Manufacturing & Design Center Phase I Brooklyn, NY 65 kwp 810 Humboldt Street

21 Greenpoint Manufacturing & Design Center Phase II Brooklyn, NY 55 kwp Manhattan Avenue

22 New York Hall of Science Queens, NY 16 kwp New York Power Authority (NYPA)

23 Bronx High School of Science Bronx, NY 36 kwp New York Power Authority (NYPA)

24 Rockefeller Center Christmas Tree NYC 61 kwp Tishman Speyer

25 Solaire Battery Park City, NY: 33 kwp USGBC LEED Gold Architect: Cesar Pelli

26 TriBeCa Green Battery Park City, NY: 28 kwp USGBC LEED Gold Architect: Robert A.M. Stern

27 Verdesian Battery Park City, NY: 20 kwp USGBC LEED - Platinum Architect: Pelli Clarke Pelli

28 Museum of Jewish Heritage Battery Park City, NY 36.6 kwp Architect: Roche-Dinkeloo

29 The Helena 601 West 57 th Street, NYC: 17kWp USGBC LEED Gold Architect: Fox & Fowle

30 The Helena 601 West 57 th Street, NYC Entrance Canopy

31 The Millennium Tower Residence 30 West Street, NYC: 28 kwp USGBC LEED Gold Architect: Handel Architects

32 The Millennium Tower Residence 30 West Street, NYC USGBC LEED Gold Architect: Handel Architects

33 The Millennium Tower Residence 30 West Street, NYC USGBC LEED Gold Architect: Handel Architects

34 The Visionaire 70 Little West Street, NYC: 48 kwp Architect: Pelli Clarke Pelli USGBC LEED Platinum

35 The Visionaire 70 Little West Street, NYC: 48 kwp Architect: Pelli Clarke Pelli USGBC LEED Platinum

36 The Riverhouse at Rockefeller Park 1 River Terrace, NYC : 44kWp USGBC LEED Gold Architect: POLSHEK PARTNERSHIP ARCHITECTS

37 Liberty Green 300 North End Avenue, NYC: 46 kwp Engineer: Cosentini Associates USGBC LEED Gold

38 PS Battery Place, NYC: 50 kwp Architect: Dattner Architects USGBC LEED Gold

39 Lower Manhattan Analysis

40 ON-SITE SOLAR RADIATION MONITORING

41 PRELIMINARY PRODUCTION ANALYSIS

42 PRELIMINARY SCHEMATICS

43 IN-DEPTH PRODUCTION ANALYSIS

44 375 Pearl Street

45 BIPV Economics Simple Façade PV Façade Area 14,280 Sq ft 14,280 Sq ft Power Rating kw Cost ($ Mil) Incentives ($ Mil) Federal Investment Tax Credit State NYSERDA Local NYC Real Estate Tax Abatement Depreciation Energy Production Net Cost ($ Mil) Savings ($ Mil) (27.5 yrs SL) (5yr MACRS)

46 Wind Power in NY

47 Brooklyn Navy Yard, New York City 6 kwp AeroVironment

48 Melrose Commons, Bronx, NY 10 kwp AeroVironment

49 East River at 35 th Street, Manhattan for the NYC EDC 1 kw and Resource Study NYC Economic Development Corp.

50 Riverhouse at Rockafeller Park, NYC Hybrid Building Integrated Solar and Wind Turbine Sheldrake Organization

51 Wind Study at 60 Stories Midtown Manhattan 4 Times Sq The Durst Organization

52 Wind Study Battery Park City The Solaire The Albanese Organization Weather station at Solaire

53 Catch us on the