ASERTTI

August 5, 2008  

ASERTTI News

ASERTTI Past Chair and Advanced Energy Executive Named to EPRI Advisory Council

John Morrison, ASERTTI Past Chair and Vice President of Operations for Advanced Energy, has been named to the Advisory Council to The Electric Power Research Institute (EPRI). EPRI, an ASERTTI member, utilizes the Council to provide high-level policy advice on the direction and balance of EPRI's research program and is comprised of individuals from many different communities, including: environment, academic, finance, government, international, labor and industry. "EPRI plays an integral role in identifying research needs and carrying out research for the utility industry," said Mr. Morrison. "At such a crucial moment in the energy industry, I am honored to serve on the Advisory Council to EPRI, an organization that has played, and will continue to play, such a significant role in developing and transforming energy policy and technology."

DOE to Invest in Western Renewable Energy Zones

DOE announced a plan to invest $2.3 million over three years to identify areas in the Western U.S. with vast renewable energy resources and to develop and deliver those resources to meet energy needs. DOE partnered with the Western Governors Association (WGA) on the effort and has provided a cooperative agreement with the WGA under which the work will be conducted. Anticipated information gained through this initiative will help regulators make informed decisions about siting costs of renewable energy projects in the region. For more information, see: www.doe.gov/news/6284.htm.

DOE Announces Solicitations for $30.5 Billion in Loan Guarantees

The U.S. Department of Energy (DOE) announced three solicitations in late July for a total of up to $30.5 billion in federal loan guarantees for projects that employ advanced energy technologies that avoid, reduce or sequester air pollutants or greenhouse gas emissions. The three solicitations are in the areas of energy efficiency, renewable energy and advanced transmission and distribution technologies; nuclear power facilities; and advanced nuclear facilities for the ‘front-end’ of the nuclear fuel cycle. This marks the second round of solicitations for DOE’s Loan Guarantee Program, which encourages the commercial use of new or significantly improved energy technologies, and is an important step in paving the way for clean energy projects. For more information, see: www.doe.gov/news/6377.htm.

Connecticut Commits to Reduce It’s Greenhouse Gas Emissions - 80% Lower by 2050

Connecticut Governor M. Jodi Rell signed a bill on June 2, 2008 that will require the state to cut greenhouse gas emissions by 10% below 1990 levels and 80% below 2001 levels by the year 2050. House Bill 5600, “A Bill Concerning Global Warming Solutions” seeks to meet this goal. The state department of environmental protection is charged with developing a strategy to meet these reductions and will be working with other states that are part of the Regional Greenhouse Gas Initiative to achieve these goals. For more information, see: www.eere.energy.gov/news/archive.cfm/pubDate=%7Bd%20%272008-06-11%27%7D.

Duke Energy Plans to Use 850 Sites in North Carolina for Solar Power

On June 6, 2008, Duke Energy filed an application with the North Carolina Utilities Commission to implement a $100 million, 20 megawatt (MW) solar panel project in the state. If approved, Duke Energy would install solar panels in over 850 locations throughout the state and maintain those systems while rewarding the customers who offer their locations. This effort will help Duke Energy meet the State’s renewable energy portfolio standard and will generate enough electricity to power over 2,600 homes. For more information, please go to the following link - www.eere.energy.gov/news/news_detail.cfm/news_id=11811.

Massachusetts Governor Signs Legislation to Double Renewable Energy Requirements

Massachusetts Governor Deval Patrick signed energy legislation that requires electricity generators in the state to draw their generation from 25% renewable sources by 2030 increasing from 4% in 2009. This percentage increase has no cap and doubles the previous renewable portfolio standard for the state from 0.5% per year to 1% per year. For more information, see: www.mass.gov/?pageID=gov3pressrelease&L=1&L0=Home&sid=Agov3&b=pressrelease&f=080702_bill_energy_clean&csid=Agov3.

NY PSC Approves Energy Efficiency Initiative

The NY PSC approved an initiative in mid-June to reduce electricity sales in the state 7.5% by 2015. The initiative seeks to improve upon and create new energy efficiency programs by increasing the systems benefit charge paid by electricity customers. These programs are expected to save consumers an estimated $4 billion by 2015. For more information, see: www3.dps.state.ny.us/pscweb/WebFileRoom.nsf/Web/599B3E42019C39298525746C00710FB1/$File/pr08072.pdf.

Ohio Requires 25% Renewable or Advanced Energy by 2025

Ohio Governor Ted Strickland approved a bill on May 1 that will require the state's utilities to draw on renewable or advanced energy for 25% of their electricity supply by 2025. Senate Bill 221 requires renewable energy to meet at least half of that requirement, which starts at 0.5% by the end of 2009 and gradually ratchets up to 25% by the end of 2024. So the actual renewable energy requirement starts at 0.25% at the end of 2009 and increases to 12.5% by the end of 2024. The bill defines renewable energy as electricity produced from solar electric systems, wind power, geothermal energy, biomass energy, low-impact hydropower, and fuel cells, regardless of their type and the fuel they use. A small fraction of the renewable energy must come from solar energy, starting at 0.004% of all electricity sales by the end of 2009 and increasing to 0.5% of electricity sales by the end of 2024. At least half of the renewable energy facilities must be located within the state, and renewable energy credits may be used to meet the requirement. For more information, see: www.eere.energy.gov/news/archive.cfm/pubDate=%7Bd%20%272008-05-07%27%7D#11754.

Florida Governor Signs Energy and Climate Change Bill

On June 25, 2008, Florida Governor Charlie Crist signed into law House Bill 7135, enacting several new energy and climate change policies. The policies include the Florida Climate Protection Act, which authorizes the Department of Environmental Protection to develop an electric-utility greenhouse gas (GHG) cap-and-trade program. Pending legislative approval of the final plan, the cap-and-trade program may begin operation as soon as January 1, 2010. Among other goals, the program will develop a timeline to reduce electric sector GHG emissions to 2000 levels by 2017, 1990 levels by 2025, and 80 percent below 1990 levels by 2005, in accordance with Governor Crist’s Executive Order 07-127 from July 2007. In addition, the bill directs the Public Service Commission to adopt a Renewable Portfolio Standard for public utilities, requires utilities to develop standardized net metering programs for customer-owned renewable energy generation, and directs the Public Service Commission to investigate utility revenue decoupling. For more information, see: www.pewclimate.org/node/6013.

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