SOLAR POLICY IN A CHANGING CLIMATE May 26, 2015 Lisa DeMarco 1.

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Presentation transcript:

SOLAR POLICY IN A CHANGING CLIMATE May 26, 2015 Lisa DeMarco 1

“In Saudi Arabia we recognize that eventually, one of these days, we’re not going to need fossil fuel. I don’t know when , 2050 or thereafter. So we have embarked on a program to develop solar energy. … Hopefully, one of these days, instead of exporting fossil fuels, we will be exporting gigawatts of electric power.” Ali Al-Naimi, Oil Minister for Saudi Arabia, May 21, 2015, Paris 2

JurisdictionBase YearTarget Reduction Timeline US %2025 Canada2005 (749 MT)30% (225 MT)2030 EU199040%2030 California199040%2030 Ontario1990 (182 MT)37% (67.3 MT)2030 3

Tokyo, Saitame RGGI CALIFORNIA QUEBEC Beijing Tianjin Shanghai Chongqing Hubei Shenzhen Guangdong Emission Trading Scheme in Progress Existing Emission Trading Schemes CDM Host Countries as of July 1, 2013 (UNEP Riso Centre, data from the CDMPipeline) Countries with provincial-only Emission Trading Schemes Linkages New South Wales GGAS EU ETS South Korea (2015) Swiss ETS ALBERTA Source: IETA

5 Total energy resources Source: IEA, Solar Energy Perspectives, 2011

6 Global technical potentials of energy resources Source: IPCC in IEA, Solar Energy Perspectives, 2011

Solar in Action: Transportation Solar canopies Electric vehicles

Solar in Action: Industry Solar PV at a pulp and paper mill in China

Solar in Action: Buildings Rooftop solar on commercial buildings

The Challenges Technical Intermittency Supply peak timing Changing with energy storage Regulatory Pricing Novel impacts on distribution grids and rates - Decoupling of rates and costs Catch 22 of fixed charges, price signals, and conservation 10

Disruptive Energy Storage Innovation The Tesla Powerwall Peter and Lyndon Rive, SolarCity 11 Annette Verschuren, NRStor