Global Competition Focus on Hydropower

Size: px
Start display at page:

Download "Global Competition Focus on Hydropower"

Transcription

1 Global Competition Focus on Hydropower Sustainable Energy Coalition Renewable Energy and Energy Efficiency Expo and Forum Washington, DC June 14, 2007

2 Leading Worldwide Renewable Energy Portfolio USA 380 MW Hydro, wind, geothermal Canada 22 MW Hydro, biomass Italy 15,358 MW Hydro, geothermal, wind, solar Guatemala 69 MW - Hydro Costa Rica 55 MW - Hydro, wind Slovakia MW Hydro Panama 300 MW - Hydro Chile 100 MW - Hydro Brazil 97 MW - Hydro Spain 900 MW Hydro, wind, cogeneration 2

3 U.S. Projects Hydropower, Wind, Geothermal (by Technology & Development Stage) Hydropower Wind Power Hydropower & Wind Geothermal Under Development & Hydropower (operating) Wind Under Development Geothermal Under Development Hydropower upgrades undertaken As of March

4 Hydropower s Role in America s Energy Future Common Misperceptions Misperception #1: Hydropower is a Mature Technology Reality #1: Conventional hydropower comprises approximately 7% of US power generation and 9% of capacity; Upgrades and efficiency improvements at existing sites; Advanced turbine designs Voith-Seimens design, Alden/Concepts NREC design and others; New breed of hydropower hydrokinetic, ocean and wave, instream technologies that do not require the use of a dam/impoundments 4

5 Hydropower Technologies Conventional Hydrokinetic Ocean and Marine In-stream Power from moving water typically with dam and varying size impoundments Power from millions of gallons of water that moves through man-made channels Varying technologies convert tidal and wave energy into electricity Power from moving water without an impoundment 5

6 Hydropower s Role in America s Energy Future Common Misperceptions Misperception #2: All Possible Locations are Already Developed Reality #2: 97% of all U.S. dams have no hydropower facilities; New technologies open up new vast new sites: Offshore Oceans Instream Irrigation canals 6

7 Public Opinion The public overwhelmingly supports hydropower 93% of the public believe hydropower should play an important role in meeting the nation s electricity needs in the years ahead. Recognized public benefits include: Renewable, climate friendly Drinking water supply Recreation Domestic energy supply Flood control 7

8 Hydropower s Potential Contribution in the U.S. 23,000 MW of NEW Hydropower is available by ,300 MW - from capacity gains at existing sites; 5,000 MW - from new hydro at existing non-powered dams; 2,700 MW - from new small and low-power conventional hydropower; 10,000 MW - increase from ocean and wave energy devices; 3,000 MW - increase from new hydrokinetic technologies. Overall potential estimated at 85,000 MW to 95,000 MW doubling hydropower s current contribution Recent Electric Power Research Institute (EPRI) Report 8

9 Hydropower and Global Competition A Survey of Hydropower Outside of the United States reveals... Significant Growth of Conventional Hydropower in Developing Countries; Commitment to Sustainable Deployment of New and Conventional Technology; Varying Levels of Government Support; Canada... Buoyed by the potential of tidal energy in the Bay of Fundy, the New Brunswick and Nova Scotia governments are jointly funding a study that will bring marine renewable power generation one step closer to a reality. June 13, 2007 Multilateral Support; Recognition of Hydropower s Value in Climate Change Policy Clean Development Mechanism; Fewer Regulatory Hurdles compared to US. 9

10 Recapturing U.S. Global Leadership in Hydropower To do so, Hydropower must be... Recognized for its broad applications, potential and contribution to U.S. emission and energy security goals; Treated equally with comparable technologies in federal energy and climate policy; Supported by comprehensive and ongoing research and development programs; Some concrete recommendations... Extend the Production Tax Credit and CREBs for a period that minimizes renewal uncertainty and allows projects time to plan, license, procure and execute; Give conventional and new waterpower technologies parity under existing PTC (full credit value); Include incremental hydropower, hydro at non-powered dams and the new technologies in Renewable Portfolio Standard legislation; Define the regulatory process for new hydropower technologies eliminate uncertainties; Study and map the impact of wave and tidal technologies on marine environments. 10

11 Working Toward a Formula for Success Range of Technologies + Abundant Water Sites wherever there is moving water + Popular and Accepted with General Public + (Clear and Supportive Policy & Regulatory Environment) + (Research & Development funding) = Hydropower as a Powerful Player in America s Energy Future 11

12 Contact Julie Smith-Galvin Enel North America, Inc. Additional Resource: National Hydropower Association 12

13 Questions 13