powerpoint presentationstatic1.squarespace.com/.../solar+energy+master+presentation.pdf · ipl...
TRANSCRIPT
S s
S s
Community Solar:
“Harnessing the Power of the Sun for
Everyone” South Carolina Clean Energy Summit
July 23, 2015
S s
© Copyright 2015 Clean Energy Collective ® 7/30/2015 5
Nation’s leading community solar provider
• 20 utilities spanning 10 states
• 50+ community solar facilities and growing
• In conversations with over 160 utilities
Focused solely on community-owned solar
• Built the nation’s first and largest community-owned solar facilities
• More community solar built than all other vendors combined (60%+ of all systems)
• Worldwide recognition for having the best program available
Partners in local communities to provide utility and consumer value
• Worked with utilities from small rural cooperatives to nationwide IOUs
• Fully funded, built and administered by CEC
• Provide significant investment in the community and long-term local savings
Clean Energy Collective | Community Solar
© Copyright 2015 Clean Energy Collective ® 7/30/2015 6
• Solar is broadly supported and desired by the public
• Community solar is the only solution that reaches the vast majority unable to do rooftop solar
• Programs can come from policy or business – legislators and utilities are increasingly pursuing
• NREL/DOE study shows $16B potential market by 2020
Commercial
and
governmental
107 kW
Residential
4.0 kW
Average Subscription
Size
Market growth | Customers and Size
© Copyright 2015 Clean Energy Collective ® 7/30/2015 7
Community Solar | Wave of the Future
The National Renewable Energy Laboratory (NREL) recently published the SunShot-funded report “Shared Solar: Current Landscape, Market Potential, and the Impact of Federal Securities Regulation.” The report finds that a significant percentage of households and businesses are unable to host photovoltaic (PV) solar systems because they rent their spaces or have a lack of suitable owned roof space. For this customer base, community solar opportunities give them the best chance to invest in solar energy.
The report also finds that community solar could lead to cumulative U.S. PV deployment growth of 5.5 to 11.0 gigawatts between 2015 and 2020 and represent $8.2 to $16.3 billion of cumulative investment. In fact, according to the report, by the year 2020 community solar could account for up to half of the overall distributed solar market in the United States.
The White House recently launched the National Community Solar Partnership because it is the most cost effective way to deploy solar and it can be made readily available to low to moderate income communities.
© Copyright 2015 Clean Energy Collective ® 7/30/2015 8
What is Community Solar? | Overview
Community Solar
Creating Universal Access to Clean Energy
Jimmy’s Deli
Wilson High School
Your panels
Your neighbor’s panels
© Copyright 2015 Clean Energy Collective ® 7/30/2015 9
If a customer has an electric bill, they can participate in
community solar!
Community solar | Who can participate?
© Copyright 2015 Clean Energy Collective ® 7/30/2015 10
A centralized solar array on a single plot of land A centralized array
Creates local jobs and positive PR for the utility and local communities
What is Community Solar? | Overview
Array is interconnected to the utility’s grid at a choice location
Customers subscribe to a portion of the array
Subscribers own the solar panels and are credited for the energy value
Utility owns the energy and all associated benefits
The system is maintained and warrantied by CEC with no added costs, the utility can bask in the
benefits
Interconnected
Subscribers are credited for the power from their portion of the array
Utility oversees the entire process
Professionally maintained and warrantied
Creates positive PR and local jobs
© Copyright 2015 Clean Energy Collective ® 7/30/2015 11
Cost This is the most
important piece
Costs must line up with
utility needs and provide
benefits to customers
Must build the solar
facility at best cost
possible
Infrastructure
Community
Solar
On-bill crediting solution
Sales & Marketing
Contracts
Financing
Staff to answer
questions
Compliance SEC regulations
IRS tax law
Sarbanes-Oxley
Community Solar | Three Core Components
© Copyright 2015 Clean Energy Collective ® 7/30/2015 12
Starting a Community Solar Program | Questions to consider
Reasons for starting a community solar program
• An affordable option for going solar
• Fill a void in the marketplace
• Allows utility to offer a solar option to their customers
• Provide the most stable, long term commitment to
renewable energy available to South Carolina citizens
What makes a community solar program succeed
• Structure that is fair to customer and utility
• Appropriate cost saving and proper payback to
customer
• Create strong customer demand
• Most successful programs offer ownership to customers
What makes a community solar program fail
• Structure that is unfair to either customer or utility
• Low cost saving and unreasonable payback to customer
• Does not focus on creating customer demand
• Programs that do not create a sense of pride
(ownership)
What do most people want
• Most people invest in community solar to save money.
• Let’s consider various Community Solar Options
© Copyright 2015 Clean Energy Collective ® 7/30/2015 13
Green Power Purchase Model • Participants pay for solar energy, no financial savings
• Average longevity of participation is 1.5 – 2 years
• Not widely seen as a true community solar product
“Blocks” of power for purchase • Customers buy “blocks” of power that offer a some type financial benefit
• May not reflect true panel production
• Often done through a PPA directly with customers which carries legal & administrative concerns
Lease Model (or “Shared Solar”) • Customers pay a monthly lease payment for rights to “share” a portion of an array
• There is sometimes a one-time upfront payment for your “share” of the array
• Receive credit on utility bill but usually minimal payback for participants
Ownership • Provides 7x – 8x more benefit to the customer
• Best solution for providing maximum long-term commitment to renewable energy
• People want to own their solution, not just buy power
Community Solar | Various Models
© Copyright 2015 Clean Energy Collective ® 7/30/2015 14
Savings for the Customers
• This makes the program successful
• 5.5% year 1 payback (minimum)
• Less than 15 years total payback
• 74% of people go solar to save money
Success for the Utility
• Minimal costs
• Control over the program
• Automated bill crediting software
• No liability & limited risk
Aligns with other Solar Solutions
• True ownership opportunity
• Benefits exceed other forms of solar
Customers engage in community solar to save money
• Programs that don’t embrace this will not achieve wide scale success
Starting a Community Solar Program | Path to Success
Thank you!
Jeff Hudson Vice President of Business Development (804) 263-2778 [email protected]
Realizing the Benefits of Grid-Scale Energy Storage
Tim Ash Market Director, East & South U.S., Energy Storage
The AES Corporation
July 24, 2015
The AES Corporation Improving lives through safe, reliable and sustainable energy solutions.
Chile
Brazil
The AES Corporation. All rights reserved. 17
Contains Forward Looking Statements
Panama
Mexico
El Salvador
Bulgaria
Jordan
U K
Netherland s
Kazakhstan
United States
Philippines
Vietnam
India
Sri Lanka
Dominican Republic Puerto Rico
Colombi a
24% US
23% Andes
19% MCAC
19% Europe
13% ArgentinaBrazil
2% Asia
= Adjusted pretax income %
18 countries
10 million customers
18,500 employees
$39 billion assets
36,000 MW in operation
world’s largest battery fleet of
advanced battery energy storage
Northern Ireland Project #1
Alamitos US-CA
Tait, US-OH
Laurel Mountain US-WV
Northern Ireland Project #2 AdvancionTM
Applications Center US-PA
Warrior Run US-MD
Angamos Chile
Cochrane Chile
Operations: 86 MW
Construction: 50 MW
Late Stage Development: 210 MW
IPL US-IN
AES and Energy Storage Largest fleet of battery-based energy storage, 8 yrs commercial operating experience
Los Andes Chile
Netherlands Project
The AES Corporation. All rights reserved. 18
Contains Forward Looking Statements
Improved Reliability in Northern Chile 40 MW Angamos Resource, Antofagasta, Chile
Spinning reserves Optimizing thermal station
Improved reliability to islanded system
Edison Electric Institute International Project of the Year
Contains Forward Looking Statements 20
98 MW Laurel Mountain Wind Farm
with 64 MW Storage Resource
West Virginia, USA
Adding System Reliability with Wind Serving PJM Interconnection – worlds largest power market
Contains Forward Looking Statements 22
Energy Storage at Southern California Edison SCE adds 100 MWi of storage
World’s largest battery AES awarded 20 year PPA
Peak capacity Selected by SCE in competitive solicitation
100 MW peak power for 4 hours
Contains Forward Looking Statements 24
Energy Storage is a Smart Investment Choice
We have the opportunity to address
a myriad of grid challenges
by embedding energy storage as a critical part
of our power infrastructure.
Contains Forward Looking Statements 26
Energy Storage Addresses Grid Challenges
Battery-based energy storage provides peaking power in a way that is distinct from traditional thermal assets.
Adding batteries:
Improves usage of existing assets Improves efficiency of existing resources
Reduces system-wide emissions
Supports integration of more renewables Instantaneous response to balance supply/demand
Improves grid reliability and security of supply Digital response adds precision
Locate generation near load
Energy Storage costs less and does more.
Contains Forward Looking Statements 27
Additional Benefits from Energy Storage
Emission free with no water usage
Rapid deployment
No minimum generation
Always on
High reliability + availability
Can perform multiple jobs, highly utilized asset
Contains Forward Looking Statements 28
Contains Forward Looking Statements 15
Thank you.
Tim Ash Market Director, East &South U.S., Energy Storage
www.aesenergystorage.com