American Sustainable Energy Council

Transcription

1 American Sustainable Energy Council

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3 Ahead of the rest Environmental awareness Conservation Recycling Renewables

4 And a little different Great resources Lots of wind Forwarding-thinking state Heritage of self-reliance and independence Ethanol success U of M Losing windy ground to Texas Now we re 4 th

5 Wind comes in sizes Large Wind Large turbines Wind farms with many turbines Rural high wind setting Electricity sent elsewhere Infrastructure needs are great Usually publicly traded investment Profits to local economy small unless coop

6 Wind comes in sizes Small Wind Small turbines Only one turbine, one owner Appropriate for home or farm Sometimes out of necessity Electricity used by owner; selling excess power is secondary Large capital outlay but profitable

7 Wind comes in sizes Distributed Wind Large turbine Only one or two turbines Appropriate for small municipality, campus, factory, school district, etc. Electricity used locally; excess sold for profit Public/private partnership ownership model High wind resource less important Profits stay local offset costs & generate $

8 What is a Tipping Point Under a combination of certain factors radical change is more than a possibility." - Malcolm Gladwell Global Warming

9 GLOBAL WARMING: Early Warning Signs Fingerprints and Harbingers Spreading disease Coral reef bleaching Heat waves and periods of unusually warm weather Glaciers melting Earlier spring arrival Downpours, heavy snowfalls, and flooding Sea level rise and coastal flooding Arctic and Antarctic warming Plant and animal range shifts and population declines Droughts and fires

10 What is a Tipping Point Global Warming Fossil Fuel Supplies

11 Oil prices will skyrocket as supplies dwindle.

12 What is a Tipping Point Global Warming Fossil Fuel Supplies Bovine stability

13 Definitely a radical change for the cow.

14 Tipping Point for Wind Large Wind More states pass Renewable Energy Standards Transmission grid expansion Level playing field tax credits; subsidies Investment vehicles created Environmental impact awareness Collaboration / Coalition

15 Tipping Point for Wind Small Wind Myths debunked; social acceptance More product availability and variety New and better technology Better financing options

16 Tipping Point for Wind Distributed Wind Profitability demonstrated Level playing same rates and rules Purposeful involvement in a better future Creative public / private partnership models Preferred NOT Alternative

17 Why Distributed Wind Saves money by purchasing less electricity Makes money on sold excess electricity Profits and tax benefits stay local Builds local economy Benefits the environmental near & far Promotes energy independence Preserves rights to important resource Very versatile variability is a good thing Great potential - hydrogen storage, hydropower, batteries

18 Minnesota Mega-Potential Wind capacity of well over 300,000MW 614MW of electricity produced by wind energy in Minnesota only 2% of POTENTIAL 447MW, is owned by non-minnesota companies (73%) 27MW are owned by Minnesota electric utility companies (4%) 69MW are owned by one individual (11%) 71MW are owned by only 14 other individuals, cooperatives, or municipalities. (12%)

19 MN Tremendous Potential One financial model shows that one 2MW turbine can Generate a $145,000 annual cash flow While paying principal a 9% return on investment Plus $2.8 million in tax benefits to investors At the end of 10 years, the turbine is paid for!

20 MN - Tremendous Potential 739 towns with population of less than 5, campuses with less than 5,000 enrollment 289 public school districts How many medium size businesses? Assembly, manufacturing, etc. - High electricity users JUST THINK ABOUT THE SAVINGS and EARNING POTENTIAL! THE ENVIRONMENTAL BENEFITS!

21 ASE Getting Business on Board Think outside the utility bill Develop creative financing options Other ways to use wind & grow business Facilitate partnerships Show them the Tipping Point

22 American Sustainable Energy Council