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Environmental Policy & Outlook Conference The Ohio State University
. Environmental Policy & Outlook Conference The Ohio State University Trish Demeter May 15, 2018
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Why Should We Shape Our Energy Future?
Reduce greenhouse gas emissions that contribute to a warming climate – CO2 and methane Improve health outcomes for 880,000+ Ohioans living with asthma, 179,000+ of which are children New economic and job opportunities to add to the 105,000+ Ohioans working in clean energy sector
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Global Trends in Clean Energy
Global renewable energy capacity surpasses that of coal 500,000 - Number of solar panels installed every day in 2015 around the world 2 every hour - rate of wind turbine installations in China in 2015 10.2 billion tons - Amount of CO2 emissions avoided through energy efficiency since 1990
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Midwestern Trends in Clean Energy
. Illinois Clean Jobs Bill: Expected to grow solar capacity to 500,000 homes Increases efficiency investments Grow wind capacity to 1,300 megawatts Mixed bag - contained nuclear subsidies Midwestern Trends in Clean Energy
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Midwestern Trends in Clean Energy
Michigan RPS Bill: Increased mandatory RPS to 15% by 2021 Voluntary goal of 35% by 2025 Clean energy investments top $3 Billion since 2008 . Midwestern Trends in Clean Energy
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Shaping Ohio’s Portfolio - RPS
By end of year Renewable Energy Solar Energy 2009 0.25% 0.004% 2010 0.5% 0.01% 2011 1% 0.03% 2012 1.5% 0.06% 2013 2% 0.09% 2014 2.5% 0.12% 2015 3.5% 0.15% 2016 4.5% 0.18% 2017 5.5% 0.22% 2018 6.5% 0.26% 2019 7.5% 0.3% 2020 8.5% 0.34% 2021 9.5% 0.38% 2022 10.5% 0.42% 2023 11.5% 0.46% 2024 + 12.5%
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Shaping Ohio’s Portfolio – Big RE Buyers
Corporate purchases leading to the construction of new wind and solar farms are on the rise 2015 – over ½ of new wind farms built via direct procurement Source:
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The Electric Grid of Yesterday
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The Decarbonized Grid of Tomorrow
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Encourage & Enable Distributed Energy Resources (DERs)
Study and assess the value that DERs provide Update rate structures and tariffs Get net metering regulations in line with market trends Enable community solar
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Questions & Thank you TRISH DEMETER VP of Policy, Energy
(614) @TADEMETER
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