Proposed Federal Renewable Electricity Standard (RES) April 20, 2009.

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Presentation transcript:

Proposed Federal Renewable Electricity Standard (RES) April 20, 2009

Participant Communities Generating Plants Participant Communities Generating Plants

Nuclear - 43%Coal - 42% Our Energy Mix Is Diverse and Relatively Low-Carbon Gas - 8% Purchases - 2% SEPA Hydro - 5%

RES Basics Applies to retail electric suppliers. –Some exclusions may apply. Comply by submitting Renewable Energy Credits (REC’s) to USDOE each year. Number of REC’s required is a percentage of kwh of electricity sold. –Excluding kwh sales from hydro.

Renewable Electricity Standard (RES) Bills Comparison of Required Annual Percentages (%) House & Senate 2009 Bills Senate 2009 Draft House Bills Senate 2005 Bill Senate 2003 Bill

How to Acquire REC’s Produce REC’s from (local) renewable resources: biomass, wind, solar, geothermal, etc. Buy REC’s on the market, if available. Make an “Alternative Compliance Payment” to USDOE.

[STATE] Renewable Portfolio Standards State renewable portfolio standard State renewable portfolio goal / April 2009 Solar water heating eligible * † Extra credit for solar or customer-sited renewables Includes separate tier of non-renewable alternative resources WA: 15% by 2020* OR: 25% by 2025 (large utilities ) 5% - 10% by 2025 (smaller utilities ) CA: 20% by 2010 ☼ NV: 20% by 2015* ☼ AZ: 15% by 2025 ☼ NM: 20% by 2020 (IOUs) 10% by 2020 (co-ops) HI: 20% by 2020 ☼ Minimum solar or customer-sited requirement TX: 5,880 MW by 2015 UT: 20% by 2025* ☼ CO: 20% by 2020 (IOUs) 10% by 2020 (co-ops & large munis )* MT: 15% by 2015 ND: 10% by 2015 SD: 10% by 2015 IA: 105 MW MN: 25% by 2025 (Xcel: 30% by 2020) ☼ MO: 15 % by 2021 IL: 25% by 2025 WI : Varies by utility; 10% by 2015 goal MI: 10% + 1,100 MW by 2015* ☼ OH: 25% by 2025 † ME: 30% by 2000 New RE: 10% by 2017 ☼ NH: 23.8% by 2025 ☼ MA: 15% by % annual increase (Class I Renewables) RI: 16% by 2020 CT: 23% by 2020 ☼ NY: 24% by 2013 ☼ NJ: 22.5% by 2021 ☼ PA: 18% by 2020 † ☼ MD: 20% by 2022 ☼ DE: 20% by 2019* ☼ DC: 20% by 2020 VA: 15% by 2025* ☼ NC: 12.5% by 2021 (IOUs) 10% by 2018 (co-ops & munis) VT: (1) RE meets any increase in retail sales by 2012; (2) 20% RE & CHP by states & DC have an RPS 5 states have goals

Geothermal Resources

Source: UGA Reports

Yes We Can: Southern Solutions for a National Renewable Energy Standard February 12, 2009 Revised February 23, 2009 Prepared by: Southern Alliance for Clean Energy