Regina Wheeler: Why and how renewables presentation. January 2015
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The document discusses the economic and environmental impacts of fossil fuels and nuclear energy, highlighting increasing concerns over greenhouse gas emissions and social-environmental risks associated with these energy sources. It emphasizes the growth of the solar industry in New Mexico, noting significant investment and job creation in renewable energy as the state ranks 10th nationally in installed solar capacity. Recent regulatory developments and market trends suggest a shift towards renewable energy, with projections of expanding solar capacity and declining reliance on fossil fuels.
Regina Wheeler: Why and how renewables presentation. January 2015
- 1. Why and How Solar for NM Regina Wheeler, CEO Positive Energy Solar For Environment New Mexico January 2015
- 3. Economic Impact of Fossil Fuels-Nuclear Capital Expenditures per Million BTUs $- $0.50 $1.00 $1.50 $2.00 $2.50 $3.00 $3.50 $4.00 1974 1985 1995 2005 2014 Oil and NG (fuel) Nuclear Pwr Plant Source: Oil & Nuclear – The Poverty of Power by Barry Commoner,
- 4. Economic Impact of Fossil Fuel-Nuclear Our Global Investments Show…
- 5. Risk: Social-Environmental Impact Source: Gasland II Gas Hydraulic Fracking
- 6. Risk: Methane Cloud Over Four Corners Oct. 9, 2014: One small “hot spot” in the U.S. Southwest is responsible for producing the largest concentration of the greenhouse gas methane seen over the US – according to new study of satellite data by scientists at NASA and U of Michigan. "The results are indicative that emissions from established fossil fuel harvesting techniques are greater than inventoried," Kort said. "There's been so much attention on high-volume hydraulic fracturing, but we need to consider the industry as a whole."
- 7. Risks: Social-Environmental Impact Fukushima Daichi Nuclear Power Meltdown
- 8. Risk: Social-Environmental Impact West Virginia Coal-Chemical Spill
- 9. The Tipping Point is Behind Us
- 10. Tipping Point 2014 1. Supreme Court upholds EPA regulations that impose additional limits on emission – May 2014 2. US Announces reduction of carbon emissions 30% below 2005 levels by 2030 3. Barclay’s downgrades quality of bonds investing in utilities – May 2014 4. Rockefeller Fund and many divest 5. Cities, DOE, Universities declare net carbon zero goal 6. Grid Parity cost of renewables in 14 states
- 11. PV Roadmap didn’t reflect rising energy costs. Market penetration years ahead of this projection
- 12. The US Solar Price Trends http://www.seia.org/sites/default/files/YIR%202013%20SMI%20Fact%20Sheet.pdf
- 15. PNM’s View of Future
- 16. Our Future
- 17. California Study 100% Renewables http://www.stanford.edu/group/efmh/jacobson/Articles/I/susenergy2030.html
- 18. Future of Renewables and PV in NM Source: EIA, The Solutions Project - 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 45,000 Electricity ICE to EV Natural Gas to Electricity MegaWatts New Mexico Capacity in 2035 with PV Today's Capacity Total Capacity Required PV required PV Installed
- 19. Solar Industry in New Mexico end 2013 • Approximately 93 solar companies, employing 1,900 people in 2013 • In 2013, New Mexico installed 45 MW of solar electric capacity, ranking 13th nationally. • 319 MW of solar energy installed by end 2013, ranks NM 10th in the country in installed solar capacity. • In 2013, $131 million was invested in New Mexico to install solar for home, business and utility use. This is a 61% increase over the previous year, and was greater in 2014. Source: NMSEA
- 20. Job Creation by Energy Technology Source: Thought Leadership Series #4 Copenhagen Climate Council Technology Job Years per GWh Solar PV 0.91 Energy Efficiency 0.38 Solar Thermal 0.27 Geothermal 0.25 Biomass 0.22 Carbon Capture 0.18 Wind 0.17 Nuclear 0.15 Coal 0.11 Natural Gas 0.11
- 23. Source: Marco Vangelisti, http://transitionus.org/event/essential-knowledge-transition-economic-system