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The Case for Renewables
• Economics
• Geopolitics
• Energy Security
• “Green” Ethics
World Energy Consumption
1970-2025
Energy Information Agency
Repowering America
• EPA / DOE / NREL Promoting Renewables on Brownfields, Superfund Sites, Landfills
– > 490,000 sites identified • 15 million acres of contaminated land
• 100,000 decommissioned or old landfills
– 11 landfill solar farms = 43 MW (dated) • CO, GA, NV, NC, NJ, MA & TX
TYPICAL COSTS
• 45 Acre Total Closure
• 7 South-facing Acres for Spectro Power Cap
• TPO @ $60,000 / Ac installed (material $21k/ac)
• Spectro Power Cap = 150kw / Ac @ $5/watt
• GA Environmental Finance Authority Grant = $2m
• Federal tax incentives (30% & 5 yr depreciation)
• Total Expense ≈ $102,400 / Ac
• Net Present Value: account for savings in
maintenance & sale of electricty
LCSWMA Wind Farm Development
• Long-term wind speed of 6.466 m/s or
14.47 mph
• South-central PA’s 1st commercial-scale wind
project
• 25% annual electricity
needs provided to Turkey
Hill Dairy
• 7.76 million kWh annually
• Reduced carbon footprint
Project Finances
• Cost Breakdown
$9.5 Million Total Project Cost
$1.5 Million PEDA Grant
$2.4 Million Tax Credit (30%)
$5.6 Million Total Equity Required
• LCSWMA Participation – Loan to PPLRE = $4.65 million at 6%
– Receives 12.5% of electric revenues
– ROI = Avg. 9% per year over 20 years • Tenfold higher than US Treasuries in 2010
Do Renewables Make Sense For You?
• Feasibility Analysis • Resource assessment
• Financial analysis
• Electrical Interconnections
• “Bundle” projects?
• Permitting Requirements • Impact Evaluations
• Cap Compatibility
• Site Engineering
• Community
• Inexhaustible resources
• Hedge against energy price
fluctuations
• Contribute to RPS
• Do not contribute to: • CO2 emissions
• SOx / NOx - Acid rain
• Smog / haze
• Mercury emissions
• Water withdrawal
• Particulate-related health
effects
Wind and Solar Due Diligence
RPS Policies
Renewable portfolio standard
Renewable portfolio goal
www.dsireusa.org / June 2011
Solar water heating eligible * † Extra credit for solar or customer-sited renewables
Includes non-renewable alternative resources
WA: 15% x 2020*
CA: 33% x 2020
NV: 25% x 2025*
AZ: 15% x 2025
NM: 20% x 2020 (IOUs)
10% x 2020 (co-ops)
HI: 40% x 2030
Minimum solar or customer-sited requirement
TX: 5,880 MW x 2015
UT: 20% by 2025*
CO: 30% by 2020 (IOUs) 10% by 2020 (co-ops & large munis)*
MT: 15% x 2015
ND: 10% x 2015
SD: 10% x 2015
IA: 105 MW
MN: 25% x 2025 (Xcel: 30% x 2020)
MO: 15% x 2021
WI: Varies by utility;
10% x 2015 statewide
MI: 10% & 1,100 MW
x 2015*
OH: 25% x 2025†
ME: 30% x 2000 New RE: 10% x 2017
NH: 23.8% x 2025
MA: 22.1% x 2020 New RE: 15% x 2020
(+1% annually thereafter)
RI: 16% x 2020
CT: 23% x 2020
NY: 29% x 2015
NJ: 20.38% RE x 2021
+ 5,316 GWh solar x 2026
PA: ~18% x 2021†
MD: 20% x 2022
DE: 25% x 2026*
DC: 20% x 2020
NC: 12.5% x 2021 (IOUs)
10% x 2018 (co-ops & munis)
VT: (1) RE meets any increase in retail sales x 2012;
(2) 20% RE & CHP x 2017
KS: 20% x 2020
OR: 25% x 2025 (large utilities)*
5% - 10% x 2025 (smaller utilities)
IL: 25% x 2025
29 states + DC and PR have an RPS
(8 states have goals)
OK: 15% x 2015
PR: 20% x 2035
WV: 25% x 2025*†
VA: 15% x 2025*
DC
IN: 15% x 2025†
RPS Policies with Solar/DG Provisions
Renewable portfolio standard with solar / distributed generation (DG) provision
Renewable portfolio goal with solar / distributed generation provision
www.dsireusa.org / June 2011
Solar water heating counts toward solar provision
WA: double credit for DG
NV: 1.5% solar x 2025;
2.4 - 2.45 multiplier for PV
UT: 2.4 multiplier for solar-electric
AZ: 4.5% DG x 2025
NM: 4% solar-electric x 2020
0.6% DG x 2020
TX: double credit for non-wind
(non-wind goal: 500 MW)
CO: 3.0% DG x 2020
1.5% customer-sited x 2020
MO: 0.3% solar-
electric x 2021
MI: triple credit for solar-
electric
OH: 0.5% solar-
electric x 2025
NC: 0.2% solar
x 2018 MD: 2% solar x 2022
DC: 0.4% solar x 2020
NY: 0.4788% customer-
sited x 2015
DE: 3.5% PV x 2026;
triple credit for PV
NH: 0.3% solar-
electric x 2014
NJ: 5,316 GWh solar-
electric x 2026
PA: 0.5% PV x 2021
MA: 400 MW PV x 2020 OR: 20 MW solar PV x 2020;
double credit for PV
IL: 1.5% PV
x 2025 WV: various multipliers
16 states +
DC have an RPS with solar/DG
provisions
DC
Full Cost Accounting - Funding
$ - $ - $ - $ - $
Sinking Fund
Internal Rate of Return (IRR)
Life
Open
LF Closed
LF
Summary
• Asset Management Continues Beyond
Closure
• Non-Productive Land May Be Put To
Beneficial Use
• Financing A Key to Realizing Potential
• Renewable Energy –
– Part of An Integrated WM Strategy
– Part of the Waste Management Hierarchy
PV in Virginia
• PV in Virginia Ranges from 1.9 W/m2/day
(December) to 5.6 kW/m2/day (June)
Average household uses 1.2 kW/day
Lots of PV configurations and $$
Landfills & Solar
• Photovoltaic: What Works Best?
Polycrystalline Monocrystalline Amorphous Thin-film
Solar Considerations
• Does Solar Make Sense for You?
– Permitting Requirements
• Erosion & sediment control planning/NPDES permits
• Solid Waste Management Regulation
• Local zoning
– Site and Geotechnical Engineering
Lancaster County Solid Waste
Management Authority
Foundation Excavation Placement of Geo-Textile
for Stone Pad
Is Wind For You?
• Factors to Consider: – Due Diligence
• Wind resource assessment
• Financial analysis
– Renewable energy credits
– Power purchase agreements
• Electrical Interconnections
• Permitting Requirements
– Erosion & sediment control planning/NPDES permits
– Federal Aviation Administration
– Solid Waste Management Regulation
– US Fish & Wildlife
– Local Zoning
Is Wind For You?
• Factors to Consider:
– Impact Analyses
• Visual
• Sound
• Environmental/ecologic
• Avian Wildlife
– Site and Geotechnical Engineering
– Post-Construction Monitoring
LCSWMA Wind Farm Development
• Projected Life-Span = 20 years
• Analysis:
– 60-meter meteorological tower placed
• Sonic Detection and Ranging (SODAR) study
• Long-term wind speed of 6.466 m/s or 14.47 mph
What Else?
• “The future ain’t what it used to be.”
• “If you don’t run, you rust.”
• “If I had a million dollars
I could be a millionaire.”
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