MDV-SEIA Solar Focus 2016

Transcription

1 MDV-SEIA Solar Focus 2016 Washington, DC November 17, 2016 Pennsylvania: Reinvigorating the Market Ron Celentano of Celentano Energy Services (CES) also representing PASEIA/MSEIA Ron Celentano - Solar Industry Consultant Design; Project Oversight; Installation; Inspection; Commissioning, Performance Testing, Technical Training & Support; Policy Issues; Interconnection/Net Metering, SRECs; Pres. Of Pennsylvania Solar Energy Industries Assoc.(PASEIA); VP of MSEIA (W); (M); CelentanoR@aol.com

2 PA SREC Requirement Schedule as Shown From: 2015 Annual Report Alternative Energy Portfolio Standards Act of 2004 (2015 AEPS Report) Concerning Issues: - PA SRECs may be purchased from qualified systems registered in the PA AEPS from any state within PJM territory (12 states plus Washington D.C. in addition to PA generated SRECs); - PA PUC requires the EDCs to purchase the lowest priced SRECs.

3 PA SRECs may be purchased from qualified systems registered in the PA AEPS from any state within PJM territory (12 states plus Washington D.C. in addition to PA generated SRECs)

4 Recent History and Status of SRECs Sold into the AEPS Compliance Market From Solar PV System Located In PA vs. Outside of PA

5 SRECs Retired in the PA AEPS Compliance Market

6 SRECs Retired in the PA AEPS Compliance Market

7 History and Status of Solar PV Systems Located in PA vs Outside PA (but in PJM) Registered into the PA AEPS From PA AEPS Administrator -

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10 Solar PV Systems and Capacity Registered in the PA AEPS By State PV Systems in operation as of 11/15/2016

11 PA AEPS - SREC Status Highlights Total PV capacity registered (988 MW) has significantly exceeded the final 0.5% solar requirement by 2021 (~ 645 MW) five years ahead of schedule (its already ~53% above the 2021 requirement) SREC market still vastly oversupplied, with ~ 74% of the total capacity of PV systems registered in the PA AEPS from Out-Of-State projects (257 MW in PA vs 632 MW Out-Of-State) Since Jan 1, 2016 (~ 10.5 months), about 400 MW Out-Of-State solar capacity has registered in the PA AEPS Program compared to ~ 29 MW installed in PA 14X more Out-Of-State vs PA registrations North Carolina has about 512 MW solar capacity registered in the PA AEPS, twice than all of the solar PV capacity installed in PA; NC installing over 12 times more capacity in NC than in PA per month in 2016, alone!! A total of 613 MWs of Out-Of-State solar capacity registered in the PA AEPS are from only 57 solar PV systems, ranging from > 3 MW to 30 MW per system; PA only has 7 PV systems > 3 MW, totaling ~ 35 MW. PA SREC price hangs at ~$10/SREC vs. NJ: ~ $200/SREC

12 PA AEPS Registered PV Systems: PA vs NC PJM Map As of 9/16/2016

13 Comparison Of Registered Systems in PA AEPS to Actual SRECs Retired (PA vs Non-PA) (Based on GATS data from mid Sept 2016)

14 There are Enough SRECs in PA and Grandfathered Outof-State to Easily Meet the RY2017 SREC Requirement (Based on GATS data from mid Sept 2016)

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16 Estimate of Ratepayer Impact from From Essentially Meeting The PA AEPS Solar Requirement from Only PA Solar PV Systems

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18 PA RATEPAYER IMPACT COST ANALYSIS FOR SREC PURCHASES IN YEAR 2021 Based on PUC 2015 AEPS Annual Report

19 PA RATEPAYER IMPACT COST ANALYSIS FOR SREC PURCHASES IN YEAR 2021 Based on PUC 2015 AEPS Annual Report

20 Current Draft Bill Language Being Considered and Other Options..ALL SOLAR PHOTOVOLTAIC TECHNOLOGY REGISTERED IN ACCORDANCE WITH THE "ALTERNATIVE ENERGY PORTFOLIO STANDARDS ACT" SHALL DIRECTLY DELIVER THE ELECTRICITY IT GENERATES TO THE DISTRIBUTION SYSTEM OPERATED BY AN ELECTRIC DISTRIBUTION COMPANY OPERATING WITHIN THIS COMMONWEALTH AND CURRENTLY OBLIGATED TO MEET THE COMPLIANCE REQUIREMENTS CONTAINED IN THE "ALTERNATIVE ENERGY PORTFOLIO STANDARDS ACT. Grandfather existing contracts? Immediately exclude out of state PV systems > 5 MW? Include PV systems in Pennsylvania munis and co-ops, as they do not fall under the AEPS requirement Include utility scale or grid supply PV systems located in the Commonwealth (as they may not be directly connected to the distribution system Electricity from solar photovoltaic systems which do not meet the requirement of subsection (b), but are otherwise eligible under this act, shall be eligible as a Tier II alternative energy source