2020 renewable energy summit - renew wisconsin...1990 2000 2010 2020 2030 2040 2°c scenario-1.9 new...
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2020 Renewable Energy SummitKatherine Hamilton, Chair, 38 North Solutions
January 16, 2020
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We are already in a climate crisis.
(Credit: Christopher Michel/ Flickr/cc)
(Credit: VOA/Public Domain)
(Credit: bellacaledonia.org.uk)
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Electricity is foundational to economic growth.
Additional 1 B people now have access.1 B still without electricity.
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Role of renewables in 2DS: IEA4
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Clean energy progress: IEA5
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We must accelerate the speed of transition.
We have 12 years to limit climate change catastrophe, warns UNUrgent changes needed to cut risk of extreme heat, drought, floods and poverty, says IPCC8 Oct. 2018
Share of fossil fuels in global energy mix is constant since 1990
Global CO2 emission from fuels increasing at a faster rate, +2.7% in 2017 (expected)
The rate of energy intensity improvements has reduced
Access to clean cooking fuels gap in Africa: 860 million
Access to electricity gap in Africa: 600 million
81% 81%
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Global energy-related CO2 emissions in IEA climate scenarios Gt CO2
Current policy trajectory is insufficient.
0
10
20
30
40
50
1990 2000 2010 2020 2030 2040
2°C scenario -1.9
New policies
0.55
INDC2 0.461.90
Current policies 1.2
Projected 2013-2040
Historical 1990-2013
Average growth rate % per annum
…
• To stay within the 2 degree carbon budget, emissions would have to decrease by 2% per year.
• Current and new policies under INDC targets are not sufficient to reduce emissions enough to stay within the carbon budget.
• A step-change is required to meet climate change objectives.
SOURCE: Energy Transition Commission; IEA (2014), CO2 Emissions from Fuel Combustion; IEA (2015) World Energy Outlook; IEA (2015) World Energy Outlook Special Report on Energy and Climate Change
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1800
Several signposts have emerged that indicate a transition may be at a tipping point: renewables and storage are cheap; customers are demanding choice; corporations are defecting from fossil fuel.
Signs of transition are encouraging.
(Credit: Irena)
Corporations purchased 13 gigawatts of renewables in 2018 with U.S. companies making up 70% of the deals.
Largest solar plus storage plant will be complete in 2021 in South Australia.
(Credit: Renewable Energy World)
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To ensure clean energy is efficiently and fully utilized, it will be critical to tie together customer as well as grid resources with smart technologies and communications.
System integration is crucial.
(Credit: Northland Pines School District)
(Credit: Siemens)
(Credit: wuwm.com)
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We must be thoughtful and intentional in bringing along all communities—in developing or developed economies—into energy transition.
Transition must be social enterprise.
(Credit: Lori Wolfe/Herald-Dispatch)
(Credit: Madison.com )
(Credit: Conservation Alliance)
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U.S. Federal policy landscape.
´Ceding international leadership on climate change.
´Executive action circumventing Congressional process in regulation.
´House of Representatives actively discussing policy for climate change.
´Politicians feeling grassroots pressure to act.´ Incremental action still possible.
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Renewable & Clean Energy Standardswww.dsireusa.org / June 2019
WA: 15% x 2020*(100% x 2045)
OR: 50%x 2040* (large utilities)
CA: 60% x 2030
(100% x 2045)
MT: 15% x 2015
NV: 50% x2030*
(100% x 2050) UT: 20% x 2025*†
AZ: 15% x 2025*
ND: 10% x 2015
NM: 80%x 2040 (IOUs)
(100% by 2045 (IOUs))
HI: 100% x 2045
CO: 30% by 2020 (IOUs) *†
(100% x 2050)
OK: 15% x 2015
MN:26.5% x 2025 (IOUs)
31.5% x 2020 (Xcel)
MI: 15% x 2021*†
WI: 10% 2015
MO:15% x 2021
IA: 105 MW IN:10% x 2025†
IL: 25% x 2026
OH: 12.5% x 2026
NC: 12.5% x 2021 (IOUs)
VA: 15% x 2025†KS: 20% x 2020
ME: 100% x 2050
29 States + DC have a Renewable Portfolio Standard, 3 states have a Clean Energy Standard(8 states have renewable portfolio goals, 2 states have clean energy goals)
Renewable portfolio standard
Renewable portfolio goal Includes non-renewable alternative resources* Extra credit for solar or customer-sited renewables†
U.S. Territories
DC
TX: 5,880 MW x 2015*
SD: 10% x 2015
SC: 2% 2021
NMI: 20% x 2016
PR: 100% x 2050
Guam: 25% x 2035
USVI: 30% x 2025
NH: 25.2% x 2025VT: 75% x 2032MA: 35% x 2030 + 1% each year thereafter (new resources) 6.7% x 2020 (existing resources)
RI: 38.5% x 2035CT: 40% x 2030
NY:50% x 2030
PA: 18% x 2021†NJ: 50% x 2030
DE: 25% x 2026*MD: 50% x 2030DC: 100% x 2032
Clean energy standard
Clean energy goal
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States to watch.
´ California—utilities, CCA’s, and resilience´ Hawaii—Performance Based Rates´ Virginia—new opportunities for clean energy policy´ Minnesota—what 100% means from utility´ Michigan—will renewable competition be allowed´ Colorado—what securitization model looks like´ Wisconsin!
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Wisconsin is headed in the right direction.
´ Governor Evers’ Executive Orders on energy and climate.
´ Potential regulatory and legislative shifts.
´ Steady march of solar and wind projects, jobs.
´ Investment in EV infrastructure.
´ Incumbents grappling with change.
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Gnarly issues are common to all. ´ How do we talk about climate change and renewables?
´ How do we think about state versus federal policies?
´ How do we accelerate deployment of EVs and charging infrastructure?
´ Who manages the customer relationship and how do we allow for choice and access for all?
´ How do we incentivize collaboration of utilities and third parties?
´ Will the utility survive in its current construct; will there be new performance metrics and/or new ways to monetize assets?
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Folks really want renewables…16´ 100+ cities
´ 100+ of private companies and investors,
including BlackRock´ Utilities—Xcel, AEP,GMP
75% Trump supportersAccelerate deployment
and use of clean energy
(Source: Vox) (Source: Public Opinion Strategies)
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How can we make a difference?
(Credit: Time.com)
(Credit: Isthmus.com)
Advocacy on all levels.
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“
”
You cannot get through a single day without having an impact on the world around you. What you do makes a difference, and you have to decide what kind of difference you want to make.
Jane Goodall
Everyone has a part to play.
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Thank you for inviting me to be a part of your transition!
Questions?
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