Archive for energy efficiency

The Energy Of The Future Is Solar Power

Smart Energy in ArizonaNot so long ago, solar power was something of a dream for those who were ahead of the curve in the environmental movement. It appeared to be an option for the wealthy and for those who had committed themselves to environmentalism.

The idea that we could heat our homes and generate electricity from little more than sunshine seemed like a utopian ideal.

However, as the real and immediate effects of global warming are felt around the world in everything from droughts to mega-hurricanes, the implementation of solar power is now a feature of global policy and economics; it’s part of a combination of renewable energy sources which eliminate the use of fossil fuels that drive global warming.

Solar power has been steadily on the rise around the world, and as fossil fuels become increasingly scarce, we can expect to see solar power increasingly adopted.

Solar Power On The Rise

The surge in interest across the globe in solar power has largely been in response to the problem of carbon emissions and global warming. Solar power and other renewable sources of energy are the best ways to reduce carbon emissions and greenhouse gases.

As a direct result, global use and implementation of solar technology has been on a steady rise since the early 2000s. Solar is now the fastest rising source of renewable energy in the world, reaching about 1% of the total energy produced globally.

In fact, solar energy production now rivals nuclear power globally. Solar energy reached a capacity of about 350 GW (gigawatts) globally in 2015, compared to nuclear energy which topped out at 391 GW in the same year. In addition, it is predicted that at the current rate of conversion to solar energy, it will overtake the use of fossil fuels by 2050, with most of the globe running on energy produced by the sun.

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Energy Efficiency Saves Billions in Maryland

Baltimore, MD—Maryland electric customers will save more than $4 billion due to energy efficiency improvements made at homes and businesses through a successful Maryland program, according to a first-of-its-kind study from the American Council for an Energy-Efficient Economy (ACEEE). The study, co-authored by a former Maryland Public Service Commission energy analyst, highlights how the first phase of EmPOWER Maryland has yielded substantial economic growth and environmental benefits across the state.

EmPOWER Maryland, enacted in 2008, created energy efficiency programs that are offered through the state’s five largest electric utilities. The program helps homeowners and businesses save energy, partly by offering incentives and technical assistance for adding insulation, sealing air leaks, and installing more efficient appliances. It also facilitates efficient commercial lighting and other improvements at industrial facilities.

ACEEE’s study reveals that EmPOWER Maryland has produced significant benefits, including:

  • More than $4 billion in savings in total customer bills over the life of the improvements, which were made between 2008 and 2015;
  • $1.81 in benefits for every dollar spent on energy efficiency measures as a result of lower wholesale prices for energy, savings from reduced need to build new power plants and power lines, reduced air pollution, and reduced need for electricity production;
  • Total lifetime energy savings of more than 51 million megawatt hours, equivalent to the electricity used by 850,000 residential customers over five years;
  • Reduced emissions of nearly 19 million metric tons of carbon dioxide, more than 34 million pounds of nitrogen oxides, and nearly 78 million pounds of sulfur dioxide over the lifetime of the programs.

The full study can be viewed at: http://aceee.org/research-report/u1701

“EmPOWER Maryland is an unqualified success story for the state,” said Brendon Baatz, study co-author and utilities policy manager at ACEEE. Yet despite its achievements, Baatz believes the program’s future is not guaranteed: “With Phase One of the program complete, Maryland regulators must now renew their support for EmPOWER Maryland so that consumers and businesses can continue to reap the benefits of lower utility bills and cleaner air.”

“EmPOWER has proven critical for helping us improve the energy efficiency of our affordable multifamily properties, which lowers utility costs and provides healthy homes for our residents” said Trisha Miller, sustainability director for WISHROCK. “At Windsor Valley Apartments, EmPOWER helped fund efficiency improvements that are expected to reduce utility bills by as much as 20% per year. Without EmPOWER, the upfront costs of making these upgrades can be prohibitive in the affordable housing industry.”

The first phase EmPOWER Maryland aimed to reduce per capita electricity usage 10% and peak electricity demand 15% by 2015. The Maryland Public Service Commission, in its annual report to the legislature in 2015, concluded that state utilities achieved 99% of the per capita consumption goal and 100% of the per capita demand reduction goal.

Due in part to the EmPOWER Maryland program, Maryland now ranks as the ninth most energy-efficient state in the nation, according to ACEEE.

What Does the Election Mean for Energy Efficiency

Now that the hard-fought 2016 election is over, I think it is useful to consider its impact on energy efficiency policy. No doubt, a lot of uncertainty remains because of President-elect Donald Trump’s lack of specificity on many issues. Yet given the bi-partisan, good-for-business appeal of energy efficiency, I see potential paths forward and work to be done. Of course, we also need to be ready to defend against legislative or administrative attempts to roll back current energy efficiency policies, programs, and funding, which could wipe out the major energy bill savings, job growth, and health benefits that we have achieved.

President-elect Trump has said very little about energy efficiency, so what happens in a Trump administration is likely to depend on his senior appointments, such as the new secretary of energy and the new administrator of the Environmental Protection Agency. Trump has spoken a bit about climate change, which he called a “hoax” created by the Chinese to suppress the U.S. economy (although he’s tempered these comments more recently).  He’s pledged to end the Clean Power Plan and to withdraw from the Paris climate change treaty. To change either of these could well require a multiyear process but he could also not do much to follow through on either of these and let them be essentially unimplemented. And years ago, he said green buildings have not been perfected yet and that it takes 40 years to get your money back (see here).

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Value of Energy Efficiency

Steven Nadel, Executive Director of American Council for an Energy Efficient Economy

Multiple studies looking at spending and savings across programs, over time and in multiple states, all show the same thing: energy efficiency is highly cost effective. Put another way, it keeps electricity affordable by meeting demand and environmental regulations at a lower cost than if we generated new power, including from clean energy resources. To help break down this discussion to key points, we released two new fact sheets today, one showing that energy efficiency is consistently the lowest-cost option for meeting electric demand and the other showing that including energy efficiency can lower the cost of Clean Power Plan compliance.

How Much Does Energy Efficiency Cost?” includes results from studies by Lawrence Berkeley National LaboratoryACEEE, and the US Environmental Protection Agency (EPA). The fact sheet shows how these studies provide further evidence that energy efficiency costs less than other sources of energy, and also that the costs of energy efficiency have been level in recent years. “Energy Efficiency Lowers the Cost of Clean Power Plan Compliance” looks at the results of three studies, all finding that including energy efficiency as part of state compliance plans will lower costs to utility customers. For example, a study by Synapse Resource Economics provides state-by-state information on most of the states…

To continue reading this blog post, visit: http://aceee.org/blog/2016/03/new-studies-are-showing-what-we 

To read “How Much Does Energy Efficiency Cost?” visit http://aceee.org/fact-sheet/cost-of-ee 

To read “Energy Efficiency Lowers the Cost of Clean Power Plan Compliance” visit http://aceee.org/fact-sheet/ee-lowers-cost-cpp