Transcript Why Not?
FLORIDA SOLAR ENERGY CENTER Creating Energy Independence Since 1975 Taking Charge of Our Energy Future We Can Do Much Better! James M. Fenton and Philip Fairey A Research Institute of the University of Central Florida 1 Economic Context Florida ranks 5th nationally in the amount of energy consumed per capita and 3rd in total energy consumption (This statistic does not account for tourist population.) The economic implications of fuel purchases in Florida are large At $2.50/gal = $23 billion/year for automotive fuel. Plus another $20 billion/year for electricity yields a total of $43 billion/year At least half ($20 billion per year) leaves Florida’s economy as fuel payments to other states and nations. Keeping this money in Florida would result in $40 to $60 billion/year (2-3 times the $20 billion exported) in real economic activity and job creation. 2 Current Projection New Generation for 2014 Source: http://www.fsec.ucf.edu/pubs/eere_study/ 3 Residential Dominates 2004 Actual Energy Use by Sector (233 TWh) Source: http://www.fsec.ucf.edu/pubs/eere_study/ 4 Why Not This? New Generation for 2014 Source: http://www.fsec.ucf.edu/pubs/eere_study/ 5 EPA Energy Star Homes National brand recognition Reduce total home energy use by about 15% compared to 2006 code standards Save owners money each month – monthly energy efficiency savings are greater than their costs when paid through a 30-year mortgage Save Florida citizens about 2,000 kWh per year and about 1.5 tons of CO2 emissions per home each year 6 Energy Star Answers What it Takes? Standard minimum code features plus. . . Energy Star windows, refrigerator and dishwasher Three Energy Star lighting fixtures A substantially leak-free duct system An Energy Star air conditioner (SEER = 14) Benefits and Costs? Total estimated annual savings = 1,995 kWh Total estimated added costs = $1,600 Levelized cost of energy savings = 6¢ per kWh 7 Where Florida Stands 7 States => 15% market share 8 The Art of the Possible The First “Zero Energy Home” 9 $2400 at $0.12/kWh $1800 at $0.12/kWh Efficiency First 10 Florida PV Rebates From 30th to 9th through Florida’s Energy Act 11 Photovoltaic Costs 12 The 25 TWh Example 160,000 new Florida homes per year 15% of new home starts 6.2 million existing Florida homes 24,000 tax credit homes per year 24,000 solar water heaters per year 62,000 home improvements (15%) per year 62,000 solar water heaters per year Photovoltaic Systems 9,000 PV systems per year (2 kW peak) Source: http://www.fsec.ucf.edu/pubs/eere_study/ 13 Off-the-Shelf Technology 40% annual energy savings (~$630) 2.06 kW 2000 sq.ft., 3 BR, single story, concrete block home 14 Florida Benefits Cumulative Ten-Year Totals Total energy savings 24.7 TWh Total consumer cost savings $2.47 billion Total fuel not purchased $1.24 billion Avoided capacity Avoided generation costs New jobs Tradable renewable energy credits (TRECs) CO2 savings 1,669 MW $1.67 billion 126,000 $420 million 26.4 million tons 15 Florida Potentials Study New contract with American Council for an Energy Efficient Economy (ACEEE) Expands on our 2004 Florida’s Energy Future: Opportunities for Our Economy, Environment and Security report to Florida Department of Environmental Protection Detailed analysis of energy efficiency and renewable energy (EERE) potentials for Florida Preliminary results (publicly available 2/5/07)show significant savings potentials for both new and existing buildings Final report from ACEEE due in late early March. 16 $600 per capita at $0.12/kWh California’s Example 17 For Further Information James M. Fenton, Director [email protected] (321) 638-1002 Philip Fairey, Deputy Director [email protected] (321) 638-1005 Main FSEC web site www.fsec.ucf.edu “Taking Charge of Our Energy Future” www.fsec.ucf.edu/energynews/2006/2006-02-energyuse2014.htm 18