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A partnership model for large scale energy
- 1. A partnership model for large scale renewable energy Summit Farms, North Carolina
- 2. Summit Farms contributes to all 5 pillars of MIT’s Plan for Action on Climate Change. A Improve our understanding of climate change and advance novel, targeted mitigation and adaptation solutions B Accelerate progress toward low- and zero-carbon energy technologies C Education a new generation of climate, energy, and environmental innovators D Share what we know and learn from others around the world E Use our community as a test bed for change Technology solutions and strategies Research opportunities Educational opportunities Demonstrates leadership; Collaboration and partnerships Contributes to 32% reduction goal; Additionality; Environment and health benefits
- 3. 2014 BASELINE CARBON NEUTRAL 2014 Baseline GHG emissions 213,000 Metric tons CO2e 10% TBD 10% Central Utility Plant (CUP) enhancements 15% Efficiency gains in buildings 1-3% On-site solar 17% Large-scale solar project Campus growth 10% TBD Summit Farms We are on a path toward exceeding our goal. 32% REDUCTION GOAL Reduce emissions at least 32% by 2030 from a 2014 baseline
- 4. In 2016, MIT joined two local partners in a 25-year Power Purchase Agreement which enabled the construction of Summit Farms. Summit Farms, North Carolina 73% 26% 1% 60 megawatts 650 acres 255,000 panels Convener North Carolina WHO WHAT & WHERE
- 5. 5
- 7. The solar farm has broad impacts. 146 GWh of emissions-free power per year 119,500 tons of CO2 emissions abated Equivalent to taking 25,250 cars off the road A coal-fired power plant was retired as a result of Summit Farm’s ability to provide substitute power.
- 8. The solar panels are responsive to the sun’s location. NX Horizon Self-Powered Tracker
- 9. Power Purchase Agreement (PPA) – How it works Wholesale energy market energy Grid operator (PJM) MIT and partners MIT retires the project RECs as a claim for 40% renewable energy supply Solar farm owner and operator (Dominion) Energy receiver and seller (Customized Energy Solutions) Summit Farms
- 10. Largest aggregated purchase by non- affiliated parties in the U.S. MIT’s purchase is the largest higher education solar purchase in the Eastern U.S. Neutralizes 17% of MIT emissions based on 2014 levels Provides renewable energy equivalent to 40% of MIT’s campus electric use Project significance 2017 Green Power Leadership Award from the US EPA
- 11. Summit Farms enables world-changing research at MIT. Research areas include Data analytics and accessibility Balance of system materials and costs Weather prediction advantages Capacity revenue modeling Economics, labor, working capital and time to deploy Incentive structures for operators Site environmental impacts–regenerative opportunities If we use this as a vehicle to demonstrate world changing technologies that will emanate from MIT, we derisk by example in the field, and then change the way people think about installations, reducing the costs and increasing the scale. This can change the world. ” Tonio Buonassisi, Associate Professor Department of Mechanical Engineering Photovoltaics Research Laboratory
Editor's Notes
- MIT’s Plan for Climate Change came about almost a year ago – 5 pillars, one of which entailed reducing emissions associates with our campus. We are on a very good path
- This Power Purchase Agreement puts us on a very good path toward MIT’s emissions reduction goals. Our path is a combination of initiatives. 2 Step Process