110 likes | 295 Views
ABA Renewable Energy Teleconference. Meeting Expectations? An Overview of Implementation Experiences Under Renewable Portfolio Standard (RPS) Programs November 16, 2005 Lew Milford Clean Energy Group. Clean Energy Group & Clean Energy States Alliance.
E N D
ABA Renewable Energy Teleconference Meeting Expectations? An Overview of Implementation Experiences Under Renewable Portfolio Standard (RPS) Programs November 16, 2005 Lew Milford Clean Energy Group
Clean Energy Group & Clean Energy States Alliance CEG is a US-based, NGO that works to accelerate commercialization of clean energy technologies through: • Advocacy & Education • Funds Support • Technology Innovation • New Financial Vehicles CESA is multi-state coalition of clean energy funds, managed by CEG, working together to develop & promote clean energy technologies through: • Information Exchange & Analysis • Partnership Development • Joint Projects
RPS: 21 States & DC and counting Slide courtesy of:
52 GW Renewables by 2020 Slide courtesy of:
$53 Billion Estimated Investment Slide courtesy of:
RPS Implementation Issues There are at least four types of implementation issues relevant to compliance and success. • Structural: internal compliance issues • Regional Markets: state v. larger markets • Design Complexity: barriers to success • Lack of coordination: can we harmonize market?
1. Structural RPS Issues • Technology Eligibility: loose or strict? • Cost cap provisions: balance of consumer cost exposure v. market power of suppliers • Technology allocations: how will set-asides be achieved; need for more attention? • Technology diversity: how well do RPS laws achieve portfolio of technologies? • Long-term contracts: many models, few solutions. • Use of ACPs: purpose and risks.
2. Regional Markets & Infrastructure • Trading barriers: are there real regional RECs markets? • RECs price instability: market fragmentation and supply • Little coordination: Balkananized market • State v. national markets: what happens if there is a national RPS?
3. Design Simplicity: Working to Scale • CA Case Study: See Wiser, et. al. August 2005 Report – “Does it have to be this Hard?...” • Anticipating Scale: wait and see from investors • Project Approvals: are project-by-project reviews consistent with scale required?
4. Lack of Coordination: RPS Implementation Working Group • New multi-party effort: CESA, NCSL, NASEO, NARUC, EPA • Participation of NGOs • Likely regional efforts • Scope: internal and cross-border problems • Consensus around barriers to regional growth • Identify possible regulatory, other solutions
Contact Information Lewis Milford Clean Energy Group www.cleanegroup.org LMilford@cleanegroup.org (802) 223-2554