Energy Efficiency & Renewable Energy Business Opportunities · 3/9/2009 · Solar + Efficiency...
Transcript of Energy Efficiency & Renewable Energy Business Opportunities · 3/9/2009 · Solar + Efficiency...
Energy Solutions
© Chevron 2008
Energy Efficiency & Renewable Energy Business Opportunities
March 9, 2009 Bruce Dickinson Director, Business Development
Overview
1. Introduction
2. Solar + Efficiency Program / Grid-Neutral Schools Overview
3. Business Opportunities are Increasing
4. Benefits for All
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Chevron Energy Solutions - Overview
• Energy efficiency/conservation is the cheapest “new” source of energy
• Chevron develops renewable generation, energy & water efficiency and infrastructure renewal projects for public sect or and manufacturing customers
• Our team has c ompleted hundreds of projects & installed 25 MW of Solar PV for California public entities
• Best economics result from combining efficiency with solar, wind or renewable fuel generation systems
• This helps bring renewable power to market in a cost-effective way Pierce College, Woodland Hills, CA
Solar/cogeneration/efficiency project
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GHG Emissions: Business As
Usual
Target: 50% GHG Reduction by
2012
Target: 100% GHG Reduction
by 2017
Residual GHG Emissions
Early
Act
ion
Prog
ram
(15%
)
Bas
e Ye
ar
Phas
e 1
(20%
)
Phas
e 2
( 8%
)
Phas
e 3
(2%
)
Chevron ES 5 Year GHG Reduction Contribution
Sustainability & GHG Reduction Planning 5 Year & 10 Year Plans – SF Bay Area Campus
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Chevron
Grid Neutral Schools / Solar + Efficiency Program Overview
Contra Costa College, San Pablo, CA
Solar PV/efficiency project (Bond funded)
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Chevron
Grid Neutral Schools / Solar + Efficiency Program Overview
Diablo Valley College, Pleasant Hill, CA
Solar PV/efficiency/utility infrastructure project (bond funded)
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Chevron
Grid Neutral Schools / Solar + Efficiency Program Overview
San Jose Unified School District, San Jose, CA Solar PV and efficiency project (5.5 MW funded by Bank of America
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Chevron Energy Solutions
Benefits and Potential Impacts
1. Additional Solar + Efficiency projects funded with Public-Private Partnership model
2. Monetized Solar “RECs” or “Carbon offset credits” are negotiated
3. Create jobs now
4. Satisfied K-12 & Community College constituents (Career/Job Training)
5. Reduced “engineering/construction” risk which reduces interest rates and enable more players to enter the market
6. Increased project volumes (more solar) and positive grid impacts
7. Helps to meet California’s GHG Reduction Goals
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California’s Innovation Engine is Ready for the Challenge