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California Council on Science and Technology October 31, 2006

California Council on Science and Technology October 31, 2006. Session II: Cost Benefits and Trade Offs. Peter R. Smith President & CEO NYSERDA. 2004 Primary Energy Consumption by Fuel Type Comparison. Source: NYSERDA, Patterns and Trends Report, December 2005.

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California Council on Science and Technology October 31, 2006

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  1. California Council on Science and Technology October 31, 2006 Session II: Cost Benefits and Trade Offs Peter R. Smith President & CEO NYSERDA

  2. 2004 Primary Energy Consumption by Fuel Type Comparison Source: NYSERDA, Patterns and Trends Report, December 2005

  3. 2004 Primary Energy Consumption by Sector Comparison Source: NYSERDA, Patterns and Trends Report, December 2005

  4. New York State Electricity Generation Mix Source: NYSERDA Patterns and Trends Report

  5. Alternative Electricity Generation Technology Costs(Total Life-Cycle Costs for a 500 MW resource block) Note: Energy efficiency technologies can be purchased at varying costs up to the point where some other alternative is cheaper

  6. Value of Clean Energy Alternatives • Potential Exists for Energy Efficiency to Meet an Even Greater Share of Our Energy Needs • Renewable Energy, While More Costly, Positions the State to be a Leader in Technology Development • Energy Efficiency and Renewable Energy Resources … incremental, easy to site and short lead times.

  7. “Governor Pataki Spearheads Regional Initiative” • Established Green House Gas Task Force • Asked governors from Maine to Maryland to join regional strategy to reduce CO2 emissions • Regional Greenhouse Gas Initiative (RGGI) was born • New York is lead State and heads up modeling effort • Seven states have signed on to RGGI • Governor Schwarzenegger travels to New York …

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