Public-Private Partnerships and the Connecticut Clean Energy Fund Energy, Economy, and the Environment May 13, 2009 - PowerPoint PPT Presentation

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Public-Private Partnerships and the Connecticut Clean Energy Fund Energy, Economy, and the Environment May 13, 2009

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Florida $ Billions. 8. Case in Point. Connecticut Climate ... Towards a Shared Metric of Progress Energy, Economy and the Environment. X. X. X. Foundations ... – PowerPoint PPT presentation

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Title: Public-Private Partnerships and the Connecticut Clean Energy Fund Energy, Economy, and the Environment May 13, 2009


1
Public-Private Partnershipsand the Connecticut
Clean Energy FundEnergy, Economy, and the
EnvironmentMay 13, 2009
2
Public-Private Partnerships and the CCEF Energy,
Economy, and the Environment
  • Introduction Center for Business and the
    Environment at Yale
  • The Situation clean energy , economic
    development, and climate change policy
    opportunities and challenges
  • A Solution public-private partnerships that
    deliver sustainable progress through shared
    metrics and consumer engagement and
  • An Approach towards a program design,
    implementation strategy and monitoring and
    evaluation program
  • QA

3
Center for Business and the Environment Preparing
Environmental Leaders for Business and Society
  • Mission the Center for Business and the
    Environment at Yale supports student and faculty
    interests in the advancement of knowledge and
    solutions through research, education, and
    outreach at the business-environment interface.
  • Objectives
  • Help fold environmental thinking into business
    practice
  • Bring business management principles into
    environmental organizations and
  • Foster the creation of green businesses,
    products, and services.

4
Joint Degree Program Matrix Working Together at
the Business-Environment Interface
Economic Progress
Environmental Degradation
5
The Opportunity Developing a Clean Energy Economy
in Connecticut
References This is a depiction of publicly traded
and privately held fuel cell companies in North
America. This slide was put together by Gary
Simon of the Sigma Energy Group (2004)
6
Case in Point Germanys Feed-In Tariff
  • Climate change policy is driving clean energy
    market development
  • 12.5 renewable electricity target by 2010
    (actual was 4.7 in 1998 and is 10.2 in 2005)
  • 20.0 renewable electricity target by 2020
  • Feed-In Tariff Policy
  • Guaranteed fixed price for 20 years price does
    decrease by 2-3 per year (technology improvement
    benefits)
  • Utilities must purchase
  • 2005 cents/kWh wind (5.29), hydro (6.65),
    solar (59.53)
  • Wind is reducing electricity prices
  • Societal Costs and Benefits
  • 1.6 EUR/month per household, gt3 billion EUR/year
  • 83 MMTCO2e reduced
  • 170,000 jobs in clean energy in 2005 (from 25,000
    in 1998)

7
The Challenge Over 1 Trillion in Coastal
Property Exposure in New England
References Insurance Information Institute
8
Case in Point Connecticut Climate Change Action
Plan
Connecticuts climate change action planning
process represents what is good about
democracy! R.K. Pachauri, IPCC Chairman
9
Connecticut Climate Change Action Plan A Model
Process for Stakeholder Engagement
  • Recommended Actions (RAs) 55 actions
  • Transportation and Land Use 9 RAs
  • Residential, Commercial, and Industrial Energy
    Use 25 RAs
  • Agriculture, Forestry, and Waste 10 RAs
  • Electricity 9 RAs
  • Education and Outreach and Reporting

10
Key Public Policies Clean Energy in Connecticut
  • System Benefit Fund incentives to develop the
    supply, demand and technologies in Connecticut
    (30 million)
  • Renewable Portfolio Standards a mandate that
    requires the suppliers of electricity to have an
    increasing percentage of clean energy in their
    mix (50 million in credits)
  • Green Buildings a mandate that requires new
    construction and major renovation of buildings to
    meet LEED standards or equivalent
  • Regional Greenhouse Gas Initiative a mandate to
    reduce GHG emissions from stationary sources
    (5-10 million in allowances) and
  • CTCleanEnergyOptions a voluntary market that
    provides consumers with an option to support
    clean energy.

11
A Program Recommended Action 49
  • CTCleanEnergyOptions Program
  • Goal to support the development of regional
    clean energy resources by creating voluntary
    demand
  • Objectives 3 to 4 by 2010 and 5 to 10 by 2020
    of electricity demand
  • Leaders Department of Public Utility Control
    and the Connecticut Clean Energy Fund
  • Societal Benefits
  • Energy approximately 1,000,000 MWh of clean
    energy by 2010 or the equivalent of a 300 MW wind
    farm
  • Environment 0.43 MMTCO2e in 2010 and 0.81
    MMTCO2e in 2020
  • Economy lets come back to this!

12
A Leader Connecticut Clean Energy Fund (CCEF) and
Connecticut Innovations (CI)
  • Mission promote, develop and invest in clean
    energy sources for the benefit of Connecticut
    ratepayers
  • Vision lead the nation in attaining a
    sustainable balance of energy production,
    economic growth, and environmental impact and
  • Capital approximately 30-40 million per year
    from a variety of sources (SBC, RGGI, and federal
    stimulus)
  • Program Areas
  • Supply provide incentives that lead to the
    installation of clean energy resources
  • Technology development RDD programs to support
    the commercial advancement of clean energy
    technologies and
  • Demand create consumers that readily support
    and adopt clean energy resources in their
    communities.

13
Power to the People A Vision for Connecticut
References John Turner of the National Renewable
Energy Laboratory
14
The Partners Collaborative Relationships to
Achieve Sustainable Progress
  • Public Sector Department of Public Utility
    Control (DPUC) the regulator, and the Office of
    Consumer Counsel
  • Private Sector
  • Utilities CLP and UI which oversee gt95 of the
    electricity market and
  • Suppliers Community Energy and Sterling Planet
    provide the clean energy product
  • Non-Profit Sector
  • NGOs SmartPower and Clean Water Action and
  • Foundations Tremaine, Rockefeller, Merck,
    Surdna, Pew, and Oak.

15
The Partners Towards a Shared Metric of Progress
Energy, Economy and the Environment
Organization Competition Energy Economy Environment
CCEF X X X X
DPUC X X X X
Utilities X X X
Suppliers X X X X
NGOs X X
Foundations X X X
e3
Establish a metric based on kWh of clean energy
purchased in order to communicate e3 progress to
each of the key partners and stakeholders.
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