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eckhart presentation

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Published on January 26, 2008

Author: Riccard

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Renewable Energy & Energy Efficiency in America ABA-ACORE Teleconference March 21, 2007 Michael T. Eckhart American Council On Renewable Energy www.acore.org :  Renewable Energy & Energy Efficiency in America ABA-ACORE Teleconference March 21, 2007 Michael T. Eckhart American Council On Renewable Energy www.acore.org What’s New? New Congress Over 100 Bills Pending for Renewable Energy:  What’s New? New Congress Over 100 Bills Pending for Renewable Energy Wind PTC Extension Solar ITC Extension RFS Expansion National RPS Climate Legislation: Carbon Tax Carbon Cap & Trade Many Others Policy Conference “Phase II of Renewable Energy in America” November 30, 2006 Cannon Caucus Room, Washington, DC:  Policy Conference “Phase II of Renewable Energy in America” November 30, 2006 Cannon Caucus Room, Washington, DC Outlook On Renewable Energy in America:  Outlook On Renewable Energy in America 18 Participating Organizations: Government: Department of Energy Energy Information Administration Research Institutions: National Renewable Energy Laboratory Electric Power Research Institute Trade Associations: American Wind Energy Association Biomass Coordinating Council Geothermal Energy Association National Biodiesel Board National Hydropower Association Ocean Energy Council Renewable Fuels Association Solar Energy Industries Association Nonprofit Groups and Universities: American Solar Energy Society Apollo Alliance Energy Future Coalition 25x’25 Union of Concerned Scientists University of California at Berkeley Worldwatch Institute Outlook on Renewable Electricity:  Outlook on Renewable Electricity Installed Base and Incremental Additions (Gigawatts) Key Issues: Monetizing benefits Tax incentives RPS mandates REC trading Longer-term commitments Stability of policy Biofuels Ethanol = 109 Plants + 40 new projects in 19 States Biodiesel = 85 plants + 65 in construction in 24 states:  Biofuels Ethanol = 109 Plants + 40 new projects in 19 States Biodiesel = 85 plants + 65 in construction in 24 states Ethanol Million Gallons / Year Biofuel upside: 30% of US Fuels? President - 35 BGY by 2017 Demand for ethanol? E85? Flex fuel vehicles? 2007 Outlook 2005 Outlook Actual Investment Perspective… Strategic Markets for Renewable Energy:  Investment Perspective… Strategic Markets for Renewable Energy Transportation Fuels: Ethanol Biodiesel Derivatives Wholesale Power Gen Wind CSP Hydro Geothermal Biomass Distributed Gen & Energy Solar PV Solar Thermal Geothermal Biomass Investment Perspective… Strategic Markets for Renewable Energy:  Investment Perspective… Strategic Markets for Renewable Energy Wholesale Power Gen Wind CSP Hydro Geothermal Biomass Distributed Gen & Energy Solar PV Solar Thermal Geothermal Biomass Energy Conservation & Efficiency Upgrades Negawatts Finance Renewable Energy Finance Forum–Wall Street Produced with Euromoney at the Waldorf-Astoria in New York June 20-21, 2007 :  Finance Renewable Energy Finance Forum–Wall Street Produced with Euromoney at the Waldorf-Astoria in New York June 20-21, 2007 Thank You be a member www.acore.org Michael Eckhart American Council On Renewable Energy meckhart@acore.org:  Thank You be a member www.acore.org Michael Eckhart American Council On Renewable Energy meckhart@acore.org

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