SCI Jigar Shah: Solar is Ready, Can We Get Some Respect?
Upcoming SlideShare
Loading in...5
×
 

SCI Jigar Shah: Solar is Ready, Can We Get Some Respect?

on

  • 3,364 views

Jigar Shah, Founder of SunEdison; Jigar Shah Consulting: Presentation at launch of SolarCollege's Solar College Initiative (SCI) at PowerShift09, Washington, DC, March 1, 2009 ...

Jigar Shah, Founder of SunEdison; Jigar Shah Consulting: Presentation at launch of SolarCollege's Solar College Initiative (SCI) at PowerShift09, Washington, DC, March 1, 2009
Visit: www.solarcollege.org

Statistics

Views

Total Views
3,364
Views on SlideShare
3,307
Embed Views
57

Actions

Likes
1
Downloads
123
Comments
1

4 Embeds 57

http://www.solarcollege.org 44
http://www.slideshare.net 7
http://carclubvt.com 3
http://www.carclubvt.com 3

Accessibility

Upload Details

Uploaded via as Adobe PDF

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

SCI Jigar Shah: Solar is Ready, Can We Get Some Respect? SCI Jigar Shah: Solar is Ready, Can We Get Some Respect? Presentation Transcript

  • Solar is Ready! Can we get some Respect? Jigar Shah Founder of SunEdison President of Jigar Shah Consulting
  • Solar as a service: how it looks 2
  • Why Solar? How to make Change Final Thoughts
  • 8 Reasons Solar will be Critical 1) Solar has sustained a growth rate of 41% since 2001 2) The US Solar Industry was $3B in 2008, over $5B in 2009, and prepared to grow to $15B in 2010 3) Solar enjoys more uniform support from the general public than any other technology – very important! 4) Solar creates more jobs per Federal $ invested than Coal, Nuclear, Wind, Biomass, Energy Efficiency, etc 5) Solar is distributed and can be deployed quickly without new transmission and distribution lines 6) Solar is customer empowering – not a central station technology controlled by the utility industry 7) Solar is a peak technology, critical to the grid 8) Renewables were over 50% of incremental new capacity in 2008, this number could be 100% by 2012 with solar 4
  • Global Solar Market Picture US Demand will be robust, but weakness in Europe will cause module prices to crash 5
  • Utility Incompetence is Helping Commercial electricity prices have, on average, increased 4.76% each year for the last 8 years. New England 16.5 15.5 Middle Atlantic Energy (cents/kwh) 14.5 Pacific 13.5 12.5 West South Central 11.5 South Atlantic 10.5 East North Central 9.5 8.5 East South Central 7.5 Mountain 6.5 5.5 West North Central 2000 2002 2004 2006 2008 Source Electric Power Monthly, DOE/EIA-0226; and Electric Power Annual, DOE/EIA-0348. Year 6
  • Solar reduces peak energy demand 7
  • Customer Empowering Technology Solar is the only technology that can lock in a customer’s power costs for the next 20 years from their own rooftop! Utility Power vs. Solar Power via PPA 0.24 Volatile energy prices 0.21 0.18 vs Energy Rate 0.15 Predictable PPA prices 0.12 0.09 0.06 0.03 0.00 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Year 8
  • What is our addressable market in the U.S.? In 2010, $30 billion (approximately 18% energy) of U.S. retail electricity demand could be competitively addressed with solar power…~133 GWs. Area of solar competitiveness What are the main drivers? • Energy prices (Oil & Gas, Coal...) • Technology improvement in solar • Insufficient grid investment • Delivered retail on peak rates (T&D) • Incentives Source: EIA 2006 Data
  • Solar is already cheaper!  SolarGrid (Solar, EE, Thermal Storage, Load Control) - $1.8B transmission line in Maryland (10B over 30 years) - $1.3B transmission line in SDG&E ($7B over 30 years) - 8% increase in Salt Lake City for infrastructure expansion - 18% increase by Duke (Indiana) and Dominion (Virginia) to build 600 MW plant  AZ, CA, CO, DE, MD, NJ, CT, MA, OH, MO, TX, NM, FL, NC . . . 2% of energy for ~1% rate increase 10
  • What you Should do? Federal – Currently 30% (set to expire EOY 2016) with 5 year accelerated depreciation – Over 16 programs in Stimulus Bill State Programs – Net Metering and Interconnection – Equalize incentives between central station and distributed technologies – Solar carve out in RPS – SRECs; Tax credits; Grants; Rebates – Solar on Public Rooftops (University, Government)  Examples (Missouri and Ohio) 11
  • Growth of Viable U.S. Solar States: 2005 NH ME WA VT ND MT MA MN OR NY ID WI SD RI MI CT WY PA IA NJ NE OH IN NV IL DE UT WV VA MD CA CO KS MO DC KY NC TN OK SC AZ NM AR GA AL MS Sales Activity / Potential LA TX Tier “O” – Primary sales areas Tier 1 – New business areas in FL 1 – 2 years Tier 2 - Potential new business AK areas in 3 – 4 years HI 12
  • Growth of Viable U.S. Solar States: 2006 NH ME WA VT ND MT MA MN OR NY ID WI SD RI MI CT WY PA IA NJ NE OH IN NV IL DE UT WV VA MD CA CO KS MO DC KY NC TN OK SC AZ NM AR GA AL MS Sales Activity / Potential LA TX Tier “O” – Primary sales areas Tier 1 – New business areas in FL 1 – 2 years Tier 2 - Potential new business AK areas in 3 – 4 years HI 13
  • Growth of Viable U.S. Solar States: 2007 NH ME WA VT ND MT MA MN OR NY ID WI SD RI MI CT WY PA IA NJ NE OH IN NV IL DE UT WV VA MD CA CO KS MO DC KY NC TN OK SC AZ NM AR GA AL MS Sales Activity / Potential LA TX Tier “O” – Primary sales areas Tier 1 – New business areas in FL 1 – 2 years Tier 2 - Potential new business AK areas in 3 – 4 years HI 14
  • Growth of Viable U.S. Solar States: 2008 NH ME WA VT ND MT MA MN OR NY ID WI SD RI MI CT WY PA IA NJ NE OH IN NV IL DE UT WV VA MD CA CO KS MO DC KY NC TN OK SC AZ NM AR GA AL MS Sales Activity / Potential LA TX Tier “O” – Primary sales areas Tier 1 – New business areas in FL 1 – 2 years Tier 2 - Potential new business AK areas in 3 – 4 years HI 15
  • Growth of Viable U.S. Solar States: 2009 NH ME WA VT ND MT MA MN OR NY ID WI SD RI MI CT WY PA IA NJ NE OH IN NV IL DE UT WV VA MD CA CO KS MO DC KY NC TN OK SC AZ NM AR GA AL MS Sales Activity / Potential LA TX Tier “O” – Primary sales areas Tier 1 – New business areas in FL 1 – 2 years Tier 2 - Potential new business AK areas in 3 – 4 years HI 16
  • Growth of Viable U.S. Solar States: 2010 NH ME WA VT ND MT MA MN OR NY ID WI SD RI MI CT WY PA IA NJ NE OH IN NV IL DE UT WV VA MD CA CO KS MO DC KY NC TN OK SC AZ NM AR GA AL MS Sales Activity / Potential LA TX Tier “O” – Primary sales areas Tier 1 – New business areas in FL 1 – 2 years Tier 2 - Potential new business AK areas in 3 – 4 years HI 17
  • Conclusion  We don’t need a breakthrough  $40B invested in industry since 2001  Over 1,000,000 job-years over the next 8 years  Needs  Push for Respect!  100% Incremental Renewables by 2012 (now)  Retire End-of-Life plants (2012+)  Ban Coal, NG, Nuclear (2020+) 18
  • Jigar Shah Founder, SunEdison President, Jigar Shah Consulting