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Options for Oil/Propane, N.Gas

This article discusses the background factors, progress, and options for funding energy efficiency in oil, propane, and natural gas. It covers the increasing demand for carbon-emitting fossil fuels, efficient technologies, weatherization opportunities, and previous grant approaches. Various funding options, including increased DSM funding and dedicated funding for oil and gas efficiency, are explored. The rough draft legislation proposes a surcharge on fossil fuel usage to establish a dedicated fund. The next steps involve expanding the discussion with potential intervenors/participants and key stakeholders.

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Options for Oil/Propane, N.Gas

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  1. Options for Oil/Propane, N.Gas • Background factors • Progress so far • Options discussed, prior phases • Dedicated funding options • Next steps

  2. Relevant Background Factors • IEA World Energy Outlook 2004: 59% increase in primary energy use 2004 till 2030. • 85% of increase from carbon-emitting fossil fuels: coal, oil, gas. • Two-thirds of new demand from developing world, but demand growing here too.

  3. Background Factors, cont’d. • Gas & oil dominate residential heating, also important in nonresidential markets in RI • Increasing gas and oil prices • Efficient and advanced gas technologies • Efficient and advanced oil technologies • Weatherization opportunities remain • Gas DSM in MA but not RI • NORA now promotes oilheat R&D, training, PR

  4. Some Progress • Energy Office stepped up to plate with 2 new programs • Small C&I Program • ESCo/performance contracting program • Gas utility agreed to extend GasNet programs to RI • PP&L got biodiesel program grant

  5. Options Discussed Prior Phases -- Grant Approach • Federal grant • DOE state energy program -- renew? • EPA small grant -- renew? • NORA grant -- try?

  6. Options Discussed (cont’d.) • Increase gas DSM funding • Requires PUC action or legislation • Establish funding for oil & gas EE • Requires legislation

  7. Dedicated Funding for Oil or Oil/Gas EE -- Options • Electric utility collects, passes to State for programs • Like RCS in past, renewables now • Levy on usage or sales or oil or oil/gas • All building sector usage (see draft legislation) • Just residential (partial lift of residential heating fuel sales tax exemption)

  8. Rough Draft Legislation • Illustrative, preliminary concept from last phase • Surcharge on fossil fuel usage • Dedicated fund for oil/gas energy efficiency and renewables (like biodiesel) • Suggested funding level • Natural gas -- $0.0089/therm • Propane -- $0.0076/gallon • Fuel oil-distillate (heating oil) -- $0.0124/gallon • Fuel oil-residual -- $0.0133/gallon

  9. NEXT STEPS • Expand discussion • CLFNE, other potential intervenors/participants/applicants • OHIRI • Key oilheat dealers • State economic development people • Foundation avenues -- Pew? • OTHER??

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