Solar Specifications Progress Report. Solar Subgroup Lead Jeremy Webb

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1 Solar Specifications Progress Report Solar Subgroup Lead Jeremy Webb

2 Progress to date 7 th Session of the EGRC May: Work begins on establishing the Solar Subgroup August: Solar Subgroup established and first teleconference held October 6-7: Virtual workshop held (Reviewed zero draft Solar Specifications and identified need for case studies) 8 th Session of the EGRC July: Zero draft Solar Specifications under preparation (modified from Geothermal Specifications) New Year: Change of approach Focusing on preparing case studies (hypothetical and real) Also preparing discussion papers (e.g. on applications)

3 Extracted quantities Commercial Potentially commercial Non-commercial Additional quantities in place Other combinations Geological knowledge

4 Extracted quantities Commercial Potentially commercial Non-commercial Additional quantities in place Other combinations

5 Solar business models are less concerned with physical knowledge instead they focus on risks related to project finance, regulations, payments, taxes and subsidies. is very good by comparison to oil, gas or coal. Solar energy flux, and, can be estimated for many locations on earth with less than plus or minus 10% error using satellite data.

6 Electricity and heat includes electricity and possibly heat. includes own use of electricity and heat. Solar business models are less concerned with physical knowledge instead they focus on risks related to project finance, regulations, payments, taxes and subsidies. is very good by comparison to oil, gas or coal. Solar energy flux, and, can be estimated for many locations on earth with less than plus or minus 10% error using satellite data.

7 Electricity and heat Governments can use the UNFC to assess the project pipeline for solar energy. includes electricity and possibly heat. includes own use of electricity and heat. Governments may forecast when solar energy will become economic taking into account technological improvements (i.e. the improving cost curve) along with other considerations such as regulations, taxes and subsidies.

8 Electricity and heat e.g. What needs to happen for Solar Energy Reserves to be included in the Reserve Replacement Ratio (RRR) of energy companies? We still have a lot of questions Extracted quantities Commercial Potentially commercial Non-commercial Additional quantities in place Competent persons? Other combinations

9 Electricity and heat We need your help We need case studies from oil and gas companies, and mining companies, testing the application of the UNFC-2009 to solar energy Extracted quantities Commercial Potentially commercial Non-commercial Additional quantities in place Other combinations

10 Next steps 8 th Session of the EGRC April-September: Review case studies and discussion papers Prepare guidance on how to apply the UNFC-2009 to Solar Energy Projects and Government Assessments November: Submit draft Solar Specifications to the Technical Advisory Group (TAG) December: Submit draft Solar Specifications to the EGRC and Secretariat for global review 9 th Session of the EGRC Dec-Jan: Global review of draft Solar Specifications October: Hold a workshop and produce a first draft of the Solar Specifications Funding offers are welcome February: Finalise the Solar Specifications March: Submit for approval by the EGRC

11 Thank you

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