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New Jersey’s Energy Master Plan
(EMP)
Why it’s critical to creating a clean
energy economy
100% Clean Energy by 2050
Energy Master Plan (EMP)
“….set forth a strategic vision for the production,
distribution, consu...
EMP Draft: Seven Strategies
1. Transportation – reduce consumption and emissions
2. Accelerate deployment of renewables
3....
Speakers
Julian Boggs – Policy Director, Energy Efficiency Alliance
Barbara Blumenthal – Research Director, NJ
Conservatio...
Energy Efficiency in the Energy
Master Plan
Julian Boggs
Policy Director
Energy Efficiency Alliance
Potential for Energy Efficiency in NJ
New Jersey energy efficiency potential. Source: Optimal
Industrial efficiency potent...
Partial Summary of the EMP
• Implement Clean Energy Act to achieve goals of
2% electricity and 0.75% gas savings for utili...
Benefits to business: Utility efficiency
programs
• Incentives and rebates reduce upfront cost and
payback periods for cap...
Benefits to business: State programs
fill in gaps
• State-administered rebate and incentive
programs can fill in the gaps ...
Benefits to business:
Grid improvement strategies
• Utility companies earn profit by
adding more poles, wires, and
substat...
Contact
Julian Boggs
Policy Director
Energy Efficiency Alliance
jboggs@keealliance.org
215.910.4790
New Jersey’s Energy
Master Plan: How to
achieve low-cost, low
emissions electricity
Barbara Blumenthal, Research Director,...
Regional decarbonization will be important to
achieving state emissions goals
13
NJ emissions
PJM emissions
0
50
100
150
2...
Adding 100% renewables, alone, does not
eliminate the need for gas to provide flexibility
NUCLEAR
SOLAR
WIND
GAS
GAS
BATTE...
100% Clean = Optimized clean energy portfolios includes the
right mix of clean flexible resources to replace gas
OPTIMIZED...
Corporate support for clean energy pathways
17
1. Invest in PPAs for solar and wind projects in
PJM
2. Invest in resources...
LevelTen Energy provides transparent pricing
for projects in PJM
As of June 2019, LevelTen prices for 160 projects:
PJM so...
High renewables lead to a seasonal problem
Wind and sun do not just vary on daily cycles; they vary substantially over wee...
Optimized portfolios of clean energy resources
Achieve 80% or higher reductions in emissions
at lower cost than business-a...
State policy steps leading to clean energy portfolios
21
LevelTen Energy is a new platform that enables buyers to
participate in aggregated projects
“Aggregation is one of the ind...
At high levels of renewables, energy systems require
additional flexible resources to replace gas
• Currently, flexible ga...
Baseline = 40%
reduction in EI power
sector GHGs
2017 to 2050
Decarb cases ~ 90%
reduction in Eastern
Interconnect GHGs
20...
Flexible resources (EVs and storage) save money
25
Alexander E. MacDonald, Christopher T. M. Clack, Anneliese Alexander, Adam Dunbar, JamesWilczak and Yuanfu Xie, “Future
co...
Presented by:
Jon Carnegie, AICP/PP, Executive Director
Alan M. Voorhees Transportation Center
Rutgers, The State Universi...
Climate change in action…Kennicott
Glacier, AK (2019)
GHG Emissions in New Jersey
Reductions in the transportation sector will be critical
to achieving NJ’s emissions target
So...
EMP’s Overarching Goal: 100% Clean Energy by 2050
100% carbon neutral electricity generation and maximum transition to ele...
What does this mean for
transportation?
“Early analysis suggests that NJ must electrify close to
100% of its light-duty ve...
Electrification: Recent Trends – New
Jersey
Source: Electric Vehicles in New Jersey: Costs and Benefits, Gabel
Associates,...
NJ Resident’s greatest concerns regarding buying an electric car
Source: 2019 NJ Climate Change Alliance / Eagleton Poll
0...
Why should businesses care?
• Opportunities:
– Green leadership can provide reputational/brand benefits
– EV uptake can pr...
What can businesses do?
• Implement programs that allow employees to drive less
• Consider the transportation outcomes of ...
Get involved
• BPU stakeholder meetings 5 & 6 – Camden
Thursday, Sept. 12; 1 - 4pm, 4:30 – 7:30pm
Black Box Theater, The K...
Contact Info.
Richard Lawton
rlawton@njsbcouncil.org
Trina Mallik
Trina.mallik@TNC.ORG
John Carlson
jcarlson@ceres.org
How New Jersey’s Energy Master Plan (EMP) is critical to creating a more sustainable economy
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How New Jersey’s Energy Master Plan (EMP) is critical to creating a more sustainable economy Slide 1 How New Jersey’s Energy Master Plan (EMP) is critical to creating a more sustainable economy Slide 2 How New Jersey’s Energy Master Plan (EMP) is critical to creating a more sustainable economy Slide 3 How New Jersey’s Energy Master Plan (EMP) is critical to creating a more sustainable economy Slide 4 How New Jersey’s Energy Master Plan (EMP) is critical to creating a more sustainable economy Slide 5 How New Jersey’s Energy Master Plan (EMP) is critical to creating a more sustainable economy Slide 6 How New Jersey’s Energy Master Plan (EMP) is critical to creating a more sustainable economy Slide 7 How New Jersey’s Energy Master Plan (EMP) is critical to creating a more sustainable economy Slide 8 How New Jersey’s Energy Master Plan (EMP) is critical to creating a more sustainable economy Slide 9 How New Jersey’s Energy Master Plan (EMP) is critical to creating a more sustainable economy Slide 10 How New Jersey’s Energy Master Plan (EMP) is critical to creating a more sustainable economy Slide 11 How New Jersey’s Energy Master Plan (EMP) is critical to creating a more sustainable economy Slide 12 How New Jersey’s Energy Master Plan (EMP) is critical to creating a more sustainable economy Slide 13 How New Jersey’s Energy Master Plan (EMP) is critical to creating a more sustainable economy Slide 14 How New Jersey’s Energy Master Plan (EMP) is critical to creating a more sustainable economy Slide 15 How New Jersey’s Energy Master Plan (EMP) is critical to creating a more sustainable economy Slide 16 How New Jersey’s Energy Master Plan (EMP) is critical to creating a more sustainable economy Slide 17 How New Jersey’s Energy Master Plan (EMP) is critical to creating a more sustainable economy Slide 18 How New Jersey’s Energy Master Plan (EMP) is critical to creating a more sustainable economy Slide 19 How New Jersey’s Energy Master Plan (EMP) is critical to creating a more sustainable economy Slide 20 How New Jersey’s Energy Master Plan (EMP) is critical to creating a more sustainable economy Slide 21 How New Jersey’s Energy Master Plan (EMP) is critical to creating a more sustainable economy Slide 22 How New Jersey’s Energy Master Plan (EMP) is critical to creating a more sustainable economy Slide 23 How New Jersey’s Energy Master Plan (EMP) is critical to creating a more sustainable economy Slide 24 How New Jersey’s Energy Master Plan (EMP) is critical to creating a more sustainable economy Slide 25 How New Jersey’s Energy Master Plan (EMP) is critical to creating a more sustainable economy Slide 26 How New Jersey’s Energy Master Plan (EMP) is critical to creating a more sustainable economy Slide 27 How New Jersey’s Energy Master Plan (EMP) is critical to creating a more sustainable economy Slide 28 How New Jersey’s Energy Master Plan (EMP) is critical to creating a more sustainable economy Slide 29 How New Jersey’s Energy Master Plan (EMP) is critical to creating a more sustainable economy Slide 30 How New Jersey’s Energy Master Plan (EMP) is critical to creating a more sustainable economy Slide 31 How New Jersey’s Energy Master Plan (EMP) is critical to creating a more sustainable economy Slide 32 How New Jersey’s Energy Master Plan (EMP) is critical to creating a more sustainable economy Slide 33 How New Jersey’s Energy Master Plan (EMP) is critical to creating a more sustainable economy Slide 34 How New Jersey’s Energy Master Plan (EMP) is critical to creating a more sustainable economy Slide 35 How New Jersey’s Energy Master Plan (EMP) is critical to creating a more sustainable economy Slide 36 How New Jersey’s Energy Master Plan (EMP) is critical to creating a more sustainable economy Slide 37
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Governor Murphy, through Executive Order 28, has set New Jersey on the path toward transitioning to 100% clean energy by 2050.

In June, the Board of Public Utilities (BPU) issued a draft of an updated Energy Master Plan (EMP) that encompasses a dramatically broader scope than previous EMPs, and features a series of seven strategies that will guide the state to address the imminent threat of climate change and to reach Governor Murphy’s 100 percent clean energy goal.

This timely webinar features experts who will provide an overview of the EMP draft, and how it has the potential to result in significant economic benefits, including the creation of new jobs, industries and workforce development opportunities for the state’s residents and business community.

The NJ BPU is accepting comments on the EMP draft until September 16th. Please join us so that you can add your voice with others in the sustainable business community to help make the EMP a strong and effective roadmap to creating a clean energy economy.

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How New Jersey’s Energy Master Plan (EMP) is critical to creating a more sustainable economy

  1. 1. New Jersey’s Energy Master Plan (EMP) Why it’s critical to creating a clean energy economy
  2. 2. 100% Clean Energy by 2050 Energy Master Plan (EMP) “….set forth a strategic vision for the production, distribution, consumption, and conservation of energy..” “...create new jobs, industries, and workforce development as the state expands its green economy...”
  3. 3. EMP Draft: Seven Strategies 1. Transportation – reduce consumption and emissions 2. Accelerate deployment of renewables 3. Maximize energy efficiency and conservation 4. Building sector – reduce consumption and emissions 5. Modernize grid and utility infrastructure 6. Support energy planning in underserved communities 7. Expand clean energy innovation economy
  4. 4. Speakers Julian Boggs – Policy Director, Energy Efficiency Alliance Barbara Blumenthal – Research Director, NJ Conservation Foundation Jon Carnegie – Executive Director, Rutgers University – Voorhees Transportation Center
  5. 5. Energy Efficiency in the Energy Master Plan Julian Boggs Policy Director Energy Efficiency Alliance
  6. 6. Potential for Energy Efficiency in NJ New Jersey energy efficiency potential. Source: Optimal Industrial efficiency potential by end use (MWh)
  7. 7. Partial Summary of the EMP • Implement Clean Energy Act to achieve goals of 2% electricity and 0.75% gas savings for utilities. • Expand and improve state programs to supplement utility programs – Financing – Incentives & Rebates – Education – Low-income, hard-to-reach sectors • Reduce peak demand and avoid unnecessary capital investment in the grid.
  8. 8. Benefits to business: Utility efficiency programs • Incentives and rebates reduce upfront cost and payback periods for capital investments. • Companies, even those with strong sustainability commitments, usually require short payback periods on investments. Source: ACEEE
  9. 9. Benefits to business: State programs fill in gaps • State-administered rebate and incentive programs can fill in the gaps and deliver efficiency for hard-to-reach and expensive sectors such as small business and low-income homeowners • A Green Bank could help buy down interest rates to make clean energy finance more accessible for small businesses • Commercial Property Assessed Clean Energy can provide long-term financing for energy efficiency & clean energy improvements Source: PACE Nation
  10. 10. Benefits to business: Grid improvement strategies • Utility companies earn profit by adding more poles, wires, and substations to meet increasing demand. • Non-wires alternatives and peak demand reduce the overall cost of the grid (transmission & distribution charges). • Load shifting and peak demand programs can create new revenue streams for large and small customers. Net benefits of Con Ed non-wires alternatives, 2003 – 2010. Source: NEEP
  11. 11. Contact Julian Boggs Policy Director Energy Efficiency Alliance jboggs@keealliance.org 215.910.4790
  12. 12. New Jersey’s Energy Master Plan: How to achieve low-cost, low emissions electricity Barbara Blumenthal, Research Director, New Jersey Conservation Foundation
  13. 13. Regional decarbonization will be important to achieving state emissions goals 13 NJ emissions PJM emissions 0 50 100 150 200 250 300 350 400 2018 2050 20 0 400 80 MillionMetricTonCO2
  14. 14. Adding 100% renewables, alone, does not eliminate the need for gas to provide flexibility NUCLEAR SOLAR WIND GAS GAS BATTERY RESOURCE MIX #1 Variable Limited duration, flexible Long duration, flexible Long duration, inflexible RESOURCE TYPE
  15. 15. 100% Clean = Optimized clean energy portfolios includes the right mix of clean flexible resources to replace gas OPTIMIZED MIX #2 Right mix of regional renewables and flexible clean resources NUCLEAR SOLAR WIND NEW NUCLEAR? SOLAR WIND GAS GAS BATTERY STORAGE DEMAND RESPONSE FLEX LOAD BATTERY TBD Variable Limited duration, flexible Long duration, flexible Always available, inflexible RESOURCE TYPE RESOURCE MIX #1
  16. 16. Corporate support for clean energy pathways 17 1. Invest in PPAs for solar and wind projects in PJM 2. Invest in resources that will provide clean flexibility: EVs, electrify heating and cooling systems, storage, demand response 3. Advocate for states to engage in state-of-art modeling and planning to identify clean energy pathways 4. Advocate for regional collaboration to decarbonize PJM 5. Update corporate compliance to go beyond
  17. 17. LevelTen Energy provides transparent pricing for projects in PJM As of June 2019, LevelTen prices for 160 projects: PJM solar projects, P25 price = $33; P75 = $39 PJM wind projects, P25 price = $33; P75 = $35 18
  18. 18. High renewables lead to a seasonal problem Wind and sun do not just vary on daily cycles; they vary substantially over weekly and monthly periods. The seasonal effect can be seen in California for onshore wind and solar photovoltaics. We see a variation in output of 300% or more between seasons. What happens when we combine wind and solar output to equal 100% of California electric demand on an annual basis, and contrast it to actual demand in each day, week and month? Assuming that we have a 50% wind/50% sun system, we get a pattern like the Figure below. (see Cohen) 19 Seasonal surplus Seasonal deficit Smoothed Daily Load & Renewable Energy Generation, Mixed Renewable Scenario (MW) Smoothed Daily CAISO Load (MW) Smoothed Daily Renewable Generation (MW) Scenario definition: 2018 wind and solar generation scale to each meet 50% of total 2018 CAISO load
  19. 19. Optimized portfolios of clean energy resources Achieve 80% or higher reductions in emissions at lower cost than business-as-usual Scenarios that electrify and de-carbonize are estimated to produce savings of between $600 to $1,200 per Minnesotan household per year by 2050. Low-cost scenarios depend on building electrification and EVs as a new source of flexibility 20
  20. 20. State policy steps leading to clean energy portfolios 21
  21. 21. LevelTen Energy is a new platform that enables buyers to participate in aggregated projects “Aggregation is one of the industry’s highest priorities. Competitively priced wind and solar farms are typically 100 MW in capacity or higher, and most corporate buyers’ appetites are a fraction of that. Aggregation bridges the gap, and expands renewable markets beyond niche procurement for a few large corporations.” Herve Touati, Managing Director, Rocky Mountain Institute LevelTen’s technology-enabled two-sided market connects electricity sellers and buyers in highly sophisticated ways. We do this by blending resources from wind and solar projects into optimally-shaped power portfolios and syndicating the energy to individual customers in suitable volumes LevelTen syndicates buyers so you can access the 99% of the market that can’t buy your whole project. LevelTen has reimagined the RFP process from start to finish. Built specifically for renewable energy, LevelTen’s new RFP Automation solution eliminates hours of tedious data analysis and spreadsheet management. With the only comprehensive view of the best projects in the market, and access to real-time pricing and analytics, RFPs are now completed in weeks, not months. 22
  22. 22. At high levels of renewables, energy systems require additional flexible resources to replace gas • Currently, flexible gas generation is used to balance generation with demand: filling in by the minute, hour, and for days. • At higher levels of renewables, the addition of more renewables can lead to incremental curtailment rather than further reductions in emissions. Portfolios of clean energy resources • High levels of renewables combined with complementary clean resources can provide reliable electric service with little to no natural gas – often at lower cost than business as usual • Renewables -- the right type, amounts and locations create a flatter supply curve that requires fewer balancing resources • Flexible resources – the right type, amounts and locations balance high levels of renewables at low cost • Planning is required to identify low-cost portfolios 23
  23. 23. Baseline = 40% reduction in EI power sector GHGs 2017 to 2050 Decarb cases ~ 90% reduction in Eastern Interconnect GHGs 2017 to 2050 Minnesota’s Smarter Grid, Vibrant Clean Energy, 2018 (Vibrant Clean Energy, Minnesota study, 2018) 24
  24. 24. Flexible resources (EVs and storage) save money 25
  25. 25. Alexander E. MacDonald, Christopher T. M. Clack, Anneliese Alexander, Adam Dunbar, JamesWilczak and Yuanfu Xie, “Future cost-competitive electricity systems and their impact on US CO2 emissions,” Nature Climate Change PUBLISHED ONLINE: 25 JANUARY 2016 Western regional grid: https://www.securecaenergyfuture.org/news/a-western-regional-grid-legislative-faq/ Williams, J.H., Jones, R., Kwok, G., and B. Haley, (2018). Deep Decarbonization in the Northeastern United States and Expanded Coordination with Hydro-Québec. A report of the Sustainable Development Solutions Network in cooperation with Evolved Energy Research and Hydro-Québec. April 8, 2018. https://www.evolved.energy/single- post/2018/04/09/Decarbonizing-the-Northeast-and-Coordination-with-Hydro-Qu%C3%A9bec LevelTen Energy Q2 2019, https://leveltenenergy.com/blog/ppa-price-index/q2-2019/ Flexibility Solutions for High-Renewable Energy Systems Germany, BloombergNEF, November 2018. https://data.bloomberglp.com/professional/sites/24/2018/11/Germany-Flexibility-Solutions-for-High-Renewable-Energy- Systems-2018-BNEF-Eaton-Statkraft.pdf "BUILDING AMERICA'S CLEAN FUTURE: PATHWAYS TO DECARBONIZE THE ECONOMY", Testimony of Armond Cohen, Clean Air Task Force, July 24, 2019. https://energycommerce.house.gov/committee-activity/hearings/hearing-on-building- americas-clean-future-pathways-to-decarbonize-the Nestor A. Sepulveda, Jesse D. Jenkins, Fernando J. de Sisternes, Richard K. Lester, “The Role of Firm Low-Carbon Electricity Resources in Deep Decarbonization of Power Generation”, Sepulveda et al., Joule 2, 2403–2420, November 21, 2018, Elsevier Inc., https://doi.org/10.1016/j.joule.2018.08.006 For an example of how a much more detailed power system model can be used to identify more and less cost-effective pathways for a state to decarbonize, see “Minnesota’s Smarter Grid - Pathways Toward A Clean and Affordable Transportation and Energy System”, July 2018, prepared by Vibrant Clean Energy, LLC, for McKnight Foundation and GridLab, available at: https://www.mcknight.org/wp-content/uploads/MNSmarterGrid-VCE-FinalVersion-LR-1.pdf. Wholesale Electricity Market Design For Rapid Decarbonization: Long-Term Markets, Working with Short-Term Energy Markets, by Steven Corneli, Eric Gimon, and Brendan Pierpont, Energy Innovation, June 2019 https://energyinnovation.org/publication/wholesale-electricity-market-design-for-rapid-decarbonization/ Resources referenced 26
  26. 26. Presented by: Jon Carnegie, AICP/PP, Executive Director Alan M. Voorhees Transportation Center Rutgers, The State University of New Jersey 2019 Draft New Jersey Energy Master Plan Transportation Sector Goals and Strategies NJ Sustainable Business Council Webinar August 20, 2019
  27. 27. Climate change in action…Kennicott Glacier, AK (2019)
  28. 28. GHG Emissions in New Jersey Reductions in the transportation sector will be critical to achieving NJ’s emissions target Source: NJ Draft 2019 Energy Master Plan, June 2019 60.0% 23.0% 9.0% 2.0% 2.6% 3.4% 0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% U.S. Transportation Emissions
  29. 29. EMP’s Overarching Goal: 100% Clean Energy by 2050 100% carbon neutral electricity generation and maximum transition to electrification of the transportation and building sectors by 2050. Strategy 1: Reduce Energy Consumption and Emissions from the Transportation Sector • Goal 1.1 - Electrify the Transportation Sector • Goal 1.2 - Decrease Vehicle Miles Traveled • Goal 1.3 - Reduce Port and Airport Emissions • Goal 6.3 – Prioritize Clean Transportation Options in Low- and Moderate-income and Environmental Justice Communities
  30. 30. What does this mean for transportation? “Early analysis suggests that NJ must electrify close to 100% of its light-duty vehicles and a substantial number of medium- and heavy-duty vehicles and off-road mobile sources to meet emissions targets.” Zero Emission Vehicle MOU = 330,000 light-duty electric vehicles on the road by 2025
  31. 31. Electrification: Recent Trends – New Jersey Source: Electric Vehicles in New Jersey: Costs and Benefits, Gabel Associates, Inc. and Energy Initiatives Group, LLC., 2018
  32. 32. NJ Resident’s greatest concerns regarding buying an electric car Source: 2019 NJ Climate Change Alliance / Eagleton Poll 0 0.1 0.2 0.3 0.4 0.5 0.6 Can't afford an EV Don't have a place to charge an EV at home Worried about running out of power on the road Don't think EV will performa as well as a traditional car Don't Know Not a Reason at All Minor Reason Major Reason
  33. 33. Why should businesses care? • Opportunities: – Green leadership can provide reputational/brand benefits – EV uptake can provide new and different business opportunities – Installing EV chargers can add value to a business by attracting and retaining high-value workers and customers – EV fleet vehicles are cheaper to operate and maintain – Reduced GHG emissions benefits everyone • Challenges: – Demand for charging infrastructure will increase steadily and may grow quickly – Electrifying commercial vehicle fleets will require commitment and significant investment – EV range limits may impact operational efficiency – Changing behavior is hard!
  34. 34. What can businesses do? • Implement programs that allow employees to drive less • Consider the transportation outcomes of facility and location decisions • Increase employee/customer awareness and knowledge regarding the benefits of EVs • Make sure your employees/customers have an easy time charging their vehicles • Create incentive programs to encourage employees to purchase EVs • Create purchasing collectives to harness multi-business buying power • Lead by example, share best practices, and engage with the policymakers, industry leaders and investors who are shaping the transition to a clean energy economy in New Jersey
  35. 35. Get involved • BPU stakeholder meetings 5 & 6 – Camden Thursday, Sept. 12; 1 - 4pm, 4:30 – 7:30pm Black Box Theater, The Kroc Center 1865 Harrison Ave., Camden NJ • Written comments due Sept. 16 by Noon E-mail to: EMP.Comments@bpu.nj.gov • Implement clean energy initiatives • Help amplify the sustainable business policy voice
  36. 36. Contact Info. Richard Lawton rlawton@njsbcouncil.org Trina Mallik Trina.mallik@TNC.ORG John Carlson jcarlson@ceres.org
  • ASBCouncil

    Aug. 20, 2019

Governor Murphy, through Executive Order 28, has set New Jersey on the path toward transitioning to 100% clean energy by 2050. In June, the Board of Public Utilities (BPU) issued a draft of an updated Energy Master Plan (EMP) that encompasses a dramatically broader scope than previous EMPs, and features a series of seven strategies that will guide the state to address the imminent threat of climate change and to reach Governor Murphy’s 100 percent clean energy goal. This timely webinar features experts who will provide an overview of the EMP draft, and how it has the potential to result in significant economic benefits, including the creation of new jobs, industries and workforce development opportunities for the state’s residents and business community. The NJ BPU is accepting comments on the EMP draft until September 16th. Please join us so that you can add your voice with others in the sustainable business community to help make the EMP a strong and effective roadmap to creating a clean energy economy.

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