Renewable Energy Vermont Vermont Perspectives, Activities, and Plans - PowerPoint PPT Presentation

Loading...

PPT – Renewable Energy Vermont Vermont Perspectives, Activities, and Plans PowerPoint presentation | free to download - id: 1c3139-OWM4O



Loading


The Adobe Flash plugin is needed to view this content

Get the plugin now

View by Category
About This Presentation
Title:

Renewable Energy Vermont Vermont Perspectives, Activities, and Plans

Description:

Current Electricity Situation (National, Regional, State) ... Transmission Planning Investigation (Docket 7081) Green Pricing (GMP and CVPS's 'Cow Power' ... – PowerPoint PPT presentation

Number of Views:32
Avg rating:3.0/5.0
Slides: 25
Provided by: All5185
Learn more at: http://www.uvm.edu
Category:

less

Write a Comment
User Comments (0)
Transcript and Presenter's Notes

Title: Renewable Energy Vermont Vermont Perspectives, Activities, and Plans


1
Renewable Energy VermontVermont Perspectives,
Activities, and Plans
  • September 21, 2005
  • J. Riley Allen
  • Vermont Department of Public Service

2
Topics
  • Current Electricity Situation (National,
    Regional, State)
  • Renewable Energy in Vermont Influences from
    Beyond
  • Implementation of Act 61
  • Vermont Clean Energy Fund

3
US Electricity Source Mix 1999 and 2003
1999
2003
Source DOE EIA
4
Regional Electric Mix 1990, 1999, and 2003
1999
2003
1990
Source Data DOE EIA
5
Vermont Electricity Mix 2003
Instate Source Mix
Committed Resource Source Mix
Source DOE EIA
Source DPS
6
Vermont Monthly Avg Wholesale Price (March-03 to
Aug-05)
302
55
Source ISO-NE
7
Electricity Cost/Price Projections
Source DPS
8
Future Contract Prices in New England
  • Average Contract Price for Energy January and
    February are approximately 150/MWh
  • REC prices in Massachusetts for 06 are about
    40/MWh

9
National Legislation
  • Energy Policy Act of 2005 (Signed August 8, 2005)
  • Conditionally rescinds PURPA
  • (conditioned on access to markets and/or
    appropriate interconnection)
  • National assessment of renewables inventory
    potential
  • Minimum requirements for Federal Government
    Purchases
  • Tax Incentives for New Renewables
  • State regulators shall conduct certain
    investigations (smart metering, interconnection,
    utility fuel diversification)
  • Encourages development of additional generation
    at existing dams

10
Regional Activity
  • ISO-NE market for installed capacity
  • Interconnection Standards (ISO-NE, Draft 12/05)
  • Regional Greenhouse Gas Initiative (Stakeholder
    meeting 9/21/05 Target 2009 Initially a 9 state
    initiative)
  • Neighboring State Renewable Portfolio Standards
    (ME, MA, RI, CT)
  • Regional Clean Energy Funds (esp. MA and CT)

11
Vermont Renewables Law
  • Act 61 (key provisions)
  • SPEED (Section 8005 encourages Vermont utilities
    to engage in long term contracts with instate
    renewable developers)
  • Renewable Portfolio Standard (establishes a
    renewable portfolio standard if targets for SPEED
    contracts are not met)
  • Interconnection Standards for Renewable
    Generation
  • Tradable Credits for Renewables
  • Disclosure Standards for Renewable Technologies

12
Other Vermont Renewable and Related Activities
  • Vt. Clean Energy Development Fund (funding
    approx. 2007 through 2012)
  • Transmission Planning Investigation (Docket 7081)
  • Green Pricing (GMP and CVPSs Cow Power)
  • Small Wind and Solar Incentive Fund (800,000)
  • Net Metering (approx. 830 kW)
  • Mediated Modeling (Stakeholder discussion focused
    on electricity policy in Vermont)

13
Small Wind and Solar Incentive Fund
  • 800,000 in funding for small wind and solar
    projects. Incentives are expected to support the
    installation of approximately 250 renewable
    energy systems in the state, which will generate
    an estimated 540 MWh of electricity
  • Originally established pursuant to Vermont
    Renewable Energy Legislation in 2003 with funding
    for 840,000 (approximately 200 projects)

14
VT Net Metering as of Sept 05
15
Act 61 Implementation
  • Early Priorities
  • SPEED Program (proposed rule 9/1/06)
  • Interconnection Standards (proposed rule 9/1/06)
  • Disclosure (no timeframe but needs to be
    addressed in context of SPEED issues)
  • Other Activities
  • RPS (if SPEED threshold is not met 2013)
  • Tradable Credits (RECs)

16
Vermont Clean Energy Development Fund
  • Established pursuant to Act 74 (2005)
  • Annual Funding levels likely to exceed 4 million
    per year through 2012

17
Vermont Clean Energy Development Fund
  • Process
  • DPS Draft and Public Comment Fall 2005
  • DPS Report to Legislature Due Jan. 2006
  • Major Funds likely to Begin March 2007?
  • Funding Levels
  • Estimated at gt4 million per year through March
    2012

18
Vermont Clean Energy Development Fund
  • Preliminary Goals and Objectives
  • Sustainability of fund
  • Efficient use of funds/market discipline
  • Leverage other programs and incentives (federal,
    other state, and Vermont)
  • Equitable distribution of funds throughout VT
  • Benefits flowing to Vermont ratepayers
  • Focus on technologies closer to market and/or
    feasibility potential high in Vermont
  • Programs and studies directed at reducing
    barriers/developing the sector

19
Vermont Clean Energy Development Fund
  • Likely Approaches
  • Revolving loans/equity investment
  • Grants/production credits for subsidy buy-down
  • Infrastructure development
  • Administration
  • Independent third party?
  • DPS
  • Partnerships with other state agencies?

20
Vermont Clean Energy Development Fund
  • Technologies and Use of funds?
  • Fuel Cell
  • Photovoltaics
  • Solar/Hot Water
  • Landfill Methane
  • Farm Methane
  • Energy Efficiency
  • Technologies? (contd)
  • Biomass enhancements
  • Wind
  • Hydro enhancements
  • CHP
  • Biodiesel

21
Infrastructure Development Application of Funds
  • Potentials and barriers analyses
  • Site pre-permitting and mitigation (aesthetic,
    environmental, historic, sound)
  • Strategies for enabling infrastructure and
    support markets
  • Information, public awareness, and public
    participation
  • Technical assistance
  • Demonstration.

22
Vermont Clean Energy Development Fund
  • Other State Funds in New England/NY
  • Massachusetts (20 M)
  • Connecticut (30 M)
  • New York
  • Rhode Island

23
Opportunities for Public Participation and
Information
  • Act 61 Implementation (PSB sponsored workshops)
    www.state.vt.us/psb
  • Mediated Modeling (DPS sponsored initiative)
  • www.publicservice.vermont.gov
  • Vermont Clean Energy Fund (DPS study)
  • www.publicservice.vermont.gov
  • Transmission Planning Investigation (PSB)
  • www.state.vt.us/psb
  • Regional Greenhouse Gas Initiative
  • www.rggi.org

24
  • Conclusion
About PowerShow.com