Transcript Clean Energy Policy Analysis With RETScreen
Clean Energy Policy Analysis With RETScreen ®
Photo Credit: Strong, Steven DOE/NREL
Objectives
Raise awareness of clean energy policies Show how RETScreen can be used throughout the policy cycle Introduce the RETScreen Clean Energy Policy Toolkit
What is RETScreen?
World’s preeminent clean energy decision-making software 36 languages covering more than 2/3rds of the world’s population More than 350,000 users in 222 countries and territories; over 500 universities and colleges using for teaching and research Over $8 billion in user savings as of 2012 Provided free-of-charge by the Government of Canada
Clean Energy Policies - Incentives
Direct Cash Payments Grants and Rebates Performance-Based Payments Tax Incentives Tax Credits Tax Exemptions Accelerated Depreciation Loan Programs
Clean Energy Policies - Regulations
Building Code Mandates Favourable Permitting Rules Interconnection Standards
Clean Energy Policies - Hybrids
Feed-in Tariffs Utility Quota Obligations Net Metering Emissions & Environmental Attributes Trading
RETScreen for Projects and Policy
RETScreen as a tool to demonstrate the viability of clean energy projects But also… …useful for planning, designing, implementing, and reviewing the viability of clean energy policies
The Policy Cycle
Inform Design Implement Monitor Review
Examples of RETScreen Use for Policy
International (UNFCCC) National (Canada) Sub-National (Texas) Municipal (Toronto) Utility (National Grid)
RETScreen Clean Energy Policy Toolkit
Developed by RETScreen International Financially supported by a grant from the Renewable Energy and Energy Efficiency Partnership (REEEP) Includes Case Studies/Templates, e-Textbook Chapter, Training Slides, and Sample Documents Available on the RETScreen Website and within the RETScreen User Manual
Case Studies & Templates
Power – Photovoltaic – Feed-in Tariff – Policy / Canada Power – Wind – GHG Reduction Income – Policy / China Heating – Solar Water Heater – Capital Cost Incentive – Policy / USA User-defined – Tax and Finance Measures – Policy / Canada + many more!
Presentation Slides & e-Textbook Chapter
RETScreen See e-Textbook Clean Energy Project Analysis: ® Engineering and Cases Clean Energy Policy Analysis with RETScreen
Software Demo
Case Study: GHG Reduction Income
Basic information:
100 MW off-shore wind farm Cost @ $2,500/kW 70% debt @ 6% interest rate
Scenario 1:
Guess at capacity factor of 30% Assume cost of coal-fired electricity is around $0.06/kWh 2% annual escalation rate
Scenario 2:
Determine rate ($/CO 2 ) on the carbon market required to be paid to the project developer (over 21 years) to achieve an 18% pre-tax IRR on equity
Questions?
Clean Energy Policy Toolkit RETScreen ® International Clean Energy Project Analysis Course