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Economic Opportunity in Efficiency and

Renewables

2013 Energy and Economy SummitProgressive 15June 26, 2013

26 June 2013Energy and the Economy Summit | L. M. Baer | Economic Opportunity in EE & RE

Energy and the Economy Summit | L. M. Baer | Economic Opportunity in EE & RE 2

How Much Energy?

26 June 2013

Energy and the Economy Summit | L. M. Baer | Economic Opportunity in EE & RE 3

How We Think We Use It

Resi-dential

16%Com-

mercial12%

Industrial33%

Transport38%

26 June 2013

Energy and the Economy Summit | L. M. Baer | Economic Opportunity in EE & RE 4

How We Use It

Electricity40%

Transport30%

Thermal30%

26 June 2013

Energy and the Economy Summit | L. M. Baer | Economic Opportunity in EE & RE 5

How We Really Use It

Electricity30%

Transport30%

Thermal40%

26 June 2013

Energy and the Economy Summit | L. M. Baer | Economic Opportunity in EE & RE 6

Residential Energy Use

Lighting & Appliances

27%

Hot Water13%

Heating & AC

60%

26 June 2013

Energy and the Economy Summit | L. M. Baer | Economic Opportunity in EE & RE 7

Residential Use on EELighting &

Appli-ances27%

Hot Water13%

Heating & AC60%

26 June 2013

Energy and the Economy Summit | L. M. Baer | Economic Opportunity in EE & RE 8

Residential Use on EE & RE

Lighting & Appli-ances27%

Hot Water6%

Heating & AC

18%

Geo Heat Pump 49%

26 June 2013

Energy and the Economy Summit | L. M. Baer | Economic Opportunity in EE & RE 9

What Are the Opportunities? Efficiency Wind Solar (PV & Thermal) Geothermal (esp. Heat Pumps) Small Hydro Financing Regulation & Policy

26 June 2013

Energy and the Economy Summit | L. M. Baer | Economic Opportunity in EE & RE 10

Efficiency Colorado’s Feasible Energy Savings

31% feasible savings by 2020Generate ~12,000 net jobs by 2020

Saves Billions in $ Across State Saves Billions of Gals. of Water

Across State

26 June 2013

Energy and the Economy Summit | L. M. Baer | Economic Opportunity in EE & RE 11

Wind ~$0.03/kWh 80 m

Resource:387 GW

Current:1,800 MW

Planned:16,600 MW

Jobs: ~5,000 Small wind improving

26 June 2013

Energy and the Economy Summit | L. M. Baer | Economic Opportunity in EE & RE 12

Solar Photovoltaic Adams County

989 MW1,370 GWh/year

~3% of national9,500 jobs over 5

years Statewide

8.8 mil GWh/year~30% of ALL U.S. energy (rural utility scale)

26 June 2013

Energy and the Economy Summit | L. M. Baer | Economic Opportunity in EE & RE 13

Solar Thermal 5 Times More

Efficient Than PV—Do the Math!

1,500 Jobs by 2020 Storage Works for Ag Air Ventilation for Poultry and Grain Drying Propane/Electric: PB ~ 5–7 yrs; ROI ~ 15-

20%

26 June 2013

Energy and the Economy Summit | L. M. Baer | Economic Opportunity in EE & RE 14

More Opportunity Other Techs: Research Your Options!

Geothermal: COP ~ 4 (!)Small Hydro: ~ 900 MW potentialBiomass: cogen, combined heat and power

Share the Information Financing: Opportunities for Free Fuel

Utilities (OK/NM geo projects)Communities: PBF, PPPs or PACE?

Regulations, Permitting and Zoning

26 June 2013

Energy and the Economy Summit | L. M. Baer | Economic Opportunity in EE & RE 15

Economics of Opportunity Gross County Product Real Disposable Personal Income: Spend/Save

More Jobs: Existing Installers Will Hire Tax Revenues Utilities (electric and thermal)

Reduced generation requirements (esp. peak) Reduced system losses Localized system support Fuel-price certainty Reduced regulatory burden

26 June 2013

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Please contact mewith questions

Leslie Martel Baer, MS, MAAnalyst/Strategist

leslie.baer@energyintersections.com303.377.5006

26 June 2013Energy and the Economy Summit | L. M. Baer | Economic Opportunity in EE & RE