1 / 10

LEAST COST PROCUREMENT AND ENERGY EFFICIENCY

A Rhode Island Perspective. LEAST COST PROCUREMENT AND ENERGY EFFICIENCY. By The Office of Energy Resources Andrew C. Dzykewicz, Commissioner. October 15, 2008. Legislative Mandate - The Comprehensive energy Act of 2006. Mandated least-cost procurement.

norman-mayer
Download Presentation

LEAST COST PROCUREMENT AND ENERGY EFFICIENCY

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. A Rhode Island Perspective LEAST COST PROCUREMENT AND ENERGY EFFICIENCY By The Office of Energy Resources Andrew C. Dzykewicz, Commissioner October 15, 2008

  2. Legislative Mandate - The Comprehensive energy Act of 2006 • Mandated least-cost procurement • Set schedule for development LEAST COST PROCUREMENT AND ENERGY EFFICIENCY • Requires purchase of “all cost-effective energy efficiency” • Sets LCP as part of strategy to create surrogate for IRP The Office of Energy Resources Andrew C. Dzykewicz, Commissioner October 15, 2008

  3. Legislative Mandate – The Players • Office of Energy Resources • Energy Efficiency and Resource Management COuncil LEAST COST PROCUREMENT AND ENERGY EFFICIENCY • Electric Distribution Companies • Public Utilities Commision The Office of Energy Resources Andrew C. Dzykewicz, Commissioner October 15, 2008

  4. Legislative Mandate – Implementation Schedule • OER and EERMC to make recommendations by March 1, 2008 • PUC to set standards by June 1, 2008 LEAST COST PROCUREMENT AND ENERGY EFFICIENCY • EERMC prepare opportunities report by July 15, 2008 • Distribution companies to submit plan by September 1, 2008 The Office of Energy Resources Andrew C. Dzykewicz, Commissioner October 15, 2008

  5. LCP – The Concept Surrogate for Integrated System Planning • Balances megawatts against negawatts LEAST COST PROCUREMENT AND ENERGY EFFICIENCY • Demands appropriate distributed generation • Demands appropriate renewable energy procurement The Office of Energy Resources Andrew C. Dzykewicz, Commissioner October 15, 2008

  6. LCP – The Goal Lower electric bills for all customers • Can trade lower usage for higher rates LEAST COST PROCUREMENT AND ENERGY EFFICIENCY • Can reduce wires charges through reduced investment • Can stabilize costs with renewable energy The Office of Energy Resources Andrew C. Dzykewicz, Commissioner October 15, 2008

  7. LCP – Energy Efficiency Role Displace 18¢ delivered energy with 3¢ efficiency LEAST COST PROCUREMENT AND ENERGY EFFICIENCY The Office of Energy Resources Andrew C. Dzykewicz, Commissioner October 15, 2008

  8. Energy Efficiency Role – The Challenge Provide savings to all customers through energy efficiency • It’s easy to provide savings to any customer • It’s hard to provide one customer savings without the • rest of the customers bearing the cost LEAST COST PROCUREMENT AND ENERGY EFFICIENCY • The hardest customer to provide savings is the customer • who has already invested substantially in efficiency Providing the opportunity to save is not enough The Office of Energy Resources Andrew C. Dzykewicz, Commissioner October 15, 2008

  9. Energy Efficiency Role – Meeting The Challenge Some “don’ts” • Don’t rely on the expansion of existing programs • Don’t raid every funding source • Don’t raise System Benefit Charges LEAST COST PROCUREMENT AND ENERGY EFFICIENCY Some “do’s” • Do mine the differential between delivered energy cost and efficiency cost • Do learn from existing successful approaches, i.e. FCM, performance contracting The Office of Energy Resources Andrew C. Dzykewicz, Commissioner October 15, 2008

  10. Questions ??? LEAST COST PROCUREMENT AND ENERGY EFFICIENCY The Office of Energy Resources Andrew C. Dzykewicz, Commissioner October 15, 2008

More Related