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Louisiana’s 2030 Energy Efficiency Roadmap. R. Neal Elliott, Research Director Briefing on ACEEE Report June 2013. The American Council for an Energy-Efficient Economy (ACEEE).
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Louisiana’s 2030 Energy Efficiency Roadmap R. Neal Elliott, Research Director Briefing on ACEEE Report June 2013
The American Council for an Energy-Efficient Economy (ACEEE) • ACEEE is a nonprofit 501(c)(3) research organization that acts as a catalyst to advance energy efficiency policies, programs, technologies, investments & behaviors. • Nearly 50 staff primarily engineers, researchers and policy analysts • Focus on end-use efficiency in industry, buildings, utilities & transportation • Other research in economic analysis; behavior; national, state & local policy. • Funding: • Foundation Grants (60%) • Contract Work & Gov. Grants (25%) • Conferences and Publications (11%) • Contributions and Other (4%) • www.aceee.org
Why Efficiency? Our Least-Cost Resource Source: Lazard 2012 for all except for EE, which is Molina 2013
Multiple Attributes of Energy Efficiency • Least-COST resource for system planning • Least-RISK resource for system planning • Economic development in the form of local jobs • Net energy bill savings • Environmental benefits
Context • ACEEE completed series of state EE potential studies over the past 6 years (e.g., Arkansas, North Carolina, South Carolina, Pennsylvania, Missouri, Florida, Texas, and ongoing in Mississippi) • Potential studies are one tool in the tool-box for decision-makers interested in tapping into energy efficiency • Assess overall resource potential for cost-effective EE • Identify program potential by customer class • Increasing interest in energy efficiency in South
Broad stakeholder support of EE • Ohio Manufacturers Association worked with ACEEE to support EE rules • High-level bipartisan interest from governors across the country: Mary Fallin (OK),Phil Bryant (MS), Deval Patrick (MA), John Kasich (OH), Rick Snyder (MI)
Efficiency Program & Policy Scenario Impacts in Louisiana • 5% electricity savings by 2020, 16% by 2030; 3% natural gas savings by 2020, 12% by 2030 • Universal benefits of $4.2 billion in net energy bill savings to all consumers over the life of the measures • Cost is modest: • Typical Residential customer—cost of $0.47 on avg$103 monthly bill (1,000 kWh usage) • Typical Commercial customers—cost of $5.41 on avg $1,188monthly bill (12,500 kWh usage) • Job creation throughout the life of the program, with 27,100 new jobs in place by 2030, $3 billion in net economic output, and increased state & local tax revenue of $114 million
Example Residential Measures CFL—11% savings at $0.01/kWh Incremental cost ($0.56/bulb) • Energy Star Refrigerator—5% savings at $0.03/kWh • Incremental cost ($40)
Business Electricity Savings Potential in 2030 by Program (6,658 GWh)
Example Commercial Measures • High efficiency chillers—cost $0.02/kWh • Incremental investment $9,900 Occupancy sensors for lighting—cost $0.01/kWh Incremental investment $48
Residential Electricity Savings Potential in 2030 by Program (6,391 GWh)
Thank you! • R. Neal Elliott, Ph.D., P.E. • Associate Director for Research • rnelliott@aceee.org • 202-507-4032 • Visit ACEEE on the Web: • www.aceee.org