The document discusses strategies for reducing energy costs through green energy solutions. It recommends conducting an energy audit first to understand current energy usage and costs before implementing efficiency upgrades or renewable energy sources. Energy efficiency measures like improved lighting and controls can save significantly on costs. Solar PV is also presented as a key renewable resource that provides distributed generation to reduce grid usage. Overall the presentation focuses on using energy audits and efficiency upgrades to lower costs before investing in more expensive renewable options.
13th Annual Chamber Energy Conference - EE FundingTim Rushenberg
This document discusses various funding opportunities for energy efficiency projects, including utility programs and federal and state tax incentives. It provides information on current utility-sponsored energy efficiency programs in Indiana, including direct install programs for small businesses, prescriptive rebate programs, and custom programs. It also summarizes several key federal tax incentives for energy efficiency, such as tax credits for home energy improvements, renewable energy systems, electric vehicles, and construction of new energy efficient homes. Finally, it mentions that states also offer various tax incentives for energy efficiency investments.
Huge ‘Untapped’ Financial Benefits Exclusively For NYC Building Owners EEReports.com
This document discusses the value of energy data and provides tips for improving energy efficiency. It recommends analyzing 36 months of utility bill data to identify savings opportunities. Engaging more participants in data sharing programs allows utilities to offer cost-effective efficiency programs. Various energy efficiency case studies and technologies are presented, such as lighting upgrades, building envelope improvements, and combined heat and power systems. Tracking energy usage can help set efficiency targets and baselines to work towards.
A high performance green building is designed for economic and environmental performance over its entire life cycle, considering unique local climate and cultural needs and providing for the health, safety and productivity of its occupants. With continuous care over its life cycle, it minimises energy use, CO2 emissions, and total environmental impacts, and provides ongoing measurable value to building owners, occupants and society.
Economics Of Energy For Small BusinessesCSSchrader
This document summarizes key topics related to energy efficiency in California, including the primary drivers for change, key pieces of legislation like AB 32 and SB 375, funding from the federal stimulus bill, and financial incentives like rebates and tax credits. It also discusses green trends in various industries and lists types of professionals involved in energy efficiency. The overall message is that energy efficiency is becoming increasingly important across all sectors due to investment, laws and regulations, and competition to reduce costs and greenhouse gas emissions.
Industrial Energy Management and the Emerging ISO 50001 StandardSchneider Electric
The energy dilemma poses a significant challenge, especially to U.S.-based industrial end users. How will rising energy prices and increased carbon emissions restrictions impact operational costs in the future? How can energy control and forecasting increase efficiency and build a competitive advantage? This presentation explores energy dashboards as a solution and educate you on the ISO 50001 standard and what it takes to comply.
Energy efficiency is a power house job creator. Recent research from ACEEE finds that changes to Pennsylvania’s energy efficiency laws could deliver more than 30,000 jobs to the Commonwealth. What do these jobs look like, and how do we make them a reality?
C&I customers represent a substantial opportunity for load reduction, but the key is to incentivize projects with excellent performance, economics, and impact. Intelligent LED systems are redefining the lighting category and displacing legacy technologies with proven results.
The webinar, presented by Michael Feinstein from Digital Lumens, will cover the following topics:
• Industrial lighting technology review
• Intelligent LED System overview
• 90% energy reduction – the economics of intelligent LEDs
• Large C&I lighting customers – retrofit & new construction case studies
• Future of intelligent LED lighting
Mike Feinstein is responsible for leading the Digital Lumens sales and marketing teams and has had extensive experience in the entrepreneurial and investment worlds, most recently as Managing Director of Sempre Management. Previously, he was a General Partner at Venrock Associates and Atlas Venture, where he served on the boards of start-ups including Boston-Power, Ciclon Semiconductor (acquired by Texas Instruments), CircleLending, WaveSmith Networks (acquired by CIENA Corp.) and Quantum Bridge Communications (acquired by Motorola). Michael holds a B.S. in Electrical Engineering and Computer Science from MIT.
This presentation is part of the Midwest Energy Efficiency Alliance Industrial Webinar Series. Find out more at http://www.midwestindustrial.org.
The document discusses strategies for reducing energy costs through green energy solutions. It recommends conducting an energy audit first to understand current energy usage and costs before implementing efficiency upgrades or renewable energy sources. Energy efficiency measures like improved lighting and controls can save significantly on costs. Solar PV is also presented as a key renewable resource that provides distributed generation to reduce grid usage. Overall the presentation focuses on using energy audits and efficiency upgrades to lower costs before investing in more expensive renewable options.
13th Annual Chamber Energy Conference - EE FundingTim Rushenberg
This document discusses various funding opportunities for energy efficiency projects, including utility programs and federal and state tax incentives. It provides information on current utility-sponsored energy efficiency programs in Indiana, including direct install programs for small businesses, prescriptive rebate programs, and custom programs. It also summarizes several key federal tax incentives for energy efficiency, such as tax credits for home energy improvements, renewable energy systems, electric vehicles, and construction of new energy efficient homes. Finally, it mentions that states also offer various tax incentives for energy efficiency investments.
Huge ‘Untapped’ Financial Benefits Exclusively For NYC Building Owners EEReports.com
This document discusses the value of energy data and provides tips for improving energy efficiency. It recommends analyzing 36 months of utility bill data to identify savings opportunities. Engaging more participants in data sharing programs allows utilities to offer cost-effective efficiency programs. Various energy efficiency case studies and technologies are presented, such as lighting upgrades, building envelope improvements, and combined heat and power systems. Tracking energy usage can help set efficiency targets and baselines to work towards.
A high performance green building is designed for economic and environmental performance over its entire life cycle, considering unique local climate and cultural needs and providing for the health, safety and productivity of its occupants. With continuous care over its life cycle, it minimises energy use, CO2 emissions, and total environmental impacts, and provides ongoing measurable value to building owners, occupants and society.
Economics Of Energy For Small BusinessesCSSchrader
This document summarizes key topics related to energy efficiency in California, including the primary drivers for change, key pieces of legislation like AB 32 and SB 375, funding from the federal stimulus bill, and financial incentives like rebates and tax credits. It also discusses green trends in various industries and lists types of professionals involved in energy efficiency. The overall message is that energy efficiency is becoming increasingly important across all sectors due to investment, laws and regulations, and competition to reduce costs and greenhouse gas emissions.
Industrial Energy Management and the Emerging ISO 50001 StandardSchneider Electric
The energy dilemma poses a significant challenge, especially to U.S.-based industrial end users. How will rising energy prices and increased carbon emissions restrictions impact operational costs in the future? How can energy control and forecasting increase efficiency and build a competitive advantage? This presentation explores energy dashboards as a solution and educate you on the ISO 50001 standard and what it takes to comply.
Energy efficiency is a power house job creator. Recent research from ACEEE finds that changes to Pennsylvania’s energy efficiency laws could deliver more than 30,000 jobs to the Commonwealth. What do these jobs look like, and how do we make them a reality?
C&I customers represent a substantial opportunity for load reduction, but the key is to incentivize projects with excellent performance, economics, and impact. Intelligent LED systems are redefining the lighting category and displacing legacy technologies with proven results.
The webinar, presented by Michael Feinstein from Digital Lumens, will cover the following topics:
• Industrial lighting technology review
• Intelligent LED System overview
• 90% energy reduction – the economics of intelligent LEDs
• Large C&I lighting customers – retrofit & new construction case studies
• Future of intelligent LED lighting
Mike Feinstein is responsible for leading the Digital Lumens sales and marketing teams and has had extensive experience in the entrepreneurial and investment worlds, most recently as Managing Director of Sempre Management. Previously, he was a General Partner at Venrock Associates and Atlas Venture, where he served on the boards of start-ups including Boston-Power, Ciclon Semiconductor (acquired by Texas Instruments), CircleLending, WaveSmith Networks (acquired by CIENA Corp.) and Quantum Bridge Communications (acquired by Motorola). Michael holds a B.S. in Electrical Engineering and Computer Science from MIT.
This presentation is part of the Midwest Energy Efficiency Alliance Industrial Webinar Series. Find out more at http://www.midwestindustrial.org.
The document discusses three energy efficiency projects completed at First Canadian Place in Toronto:
1) 16 air handling units were outfitted with variable frequency drives, reducing energy usage by 727,982 kWh/year and demand by 208.4 kW.
2) 27 heating and cooling pumps had variable speed controls installed, lowering energy consumption by 4,898,082 kWh/year and demand by 167 kW.
3) Lighting on the 60th floor was upgraded with more efficient fixtures and motion sensors, cutting energy usage by 138,506 kWh/year and demand by 12 kW."
Transition Town Marlow's Solar 100 Project WSI Thames
Provides an overview of the Transition Town Marlow movement and detail of its project to achieve 100 installations in Marlow.
Useful information on types of solar panel and special partnerships established to provide users with discount.
This document summarizes a business that refurbishes used batteries to provide backup power solutions as an alternative to generators. The business sources dead batteries, tests and sorts them, then assembles refurbished batteries and sets them up for customers. It provides monitoring to avoid downtime. The business model is more affordable and eco-friendly than generators. It plans to partner with recycling centers, universities, and companies to source batteries and expand.
Casestudy of the HVAC systems for the LEED Platinum IGS Building
A presentation by Joe Ventresca of Max Green
Presented at the Columbus Green Building Forum's 2011 Green Building EXPO
Rebuilding Greensburg to be a Zero Energy CityShanti Pless
A review of Greensburg's rebuilding to LEED Platinum with Zero Energy wind powered city goals, with published results at: http://www.nrel.gov/docs/fy12osti/53539.pdf.
Assessing Your Building Energy Costs: Benefits of Energy Modeling to OwnersIllinois ASHRAE
Keith Swartz of the Energy Center of Wisconsin presents Assessing Your Building Energy Costs: Benefits of Energy Modeling to Owners at the 2012 Chicago Energy Modeling Conference.
David Eldridge of Grumman / Butkus Associates present the ASHRAE Building Energy Quotient Labeling Program at the 2012 Chicago Energy Modeling Conference.
This document discusses net zero energy buildings (NZEBs). It provides context on climate change and government policies driving the adoption of NZEBs. It defines NZEBs as buildings that produce as much renewable energy as they consume on an annual basis. However, there is no consistent definition as the energy balance can be measured at the site or source level and can include energy use, emissions or costs. The document also discusses practical challenges to achieving true net zero status and examples of organizations pursuing net zero energy goals.
This document discusses considerations for switching from traditional street lighting to LED street lights. It lists common questions around fixtures, maintenance, costs, and other factors to examine. Key steps are outlined, such as understanding lighting terminology, choosing appropriate specifications for the application, conducting economic analyses, and testing samples on-site. The goal is to hit a fast moving target and ensure stakeholders that the right decision is being made to replace street lights with LED options.
Benchmarking provides high-level comparisons of whole-building energy use but cannot identify where energy is used or determine cost-effectiveness of upgrades. Retroactive energy modeling uses submetering and hourly data to calibrate an energy model that can answer these questions. By identifying lighting was used 5 extra hours daily, submetering showed controls could save more than lamp upgrades alone in just a few months. Preparing for measurement and verification involves obtaining operational data, connecting submeters to monitor real-time use, and educating occupants on energy impacts to identify hidden problems and most cost-effective upgrades.
This document outlines energy efficiency incentives for commercial, industrial, and government buildings in Asheville, North Carolina. It provides details on prescriptive incentives for retrofits and new construction that offer fixed incentives per unit for common energy efficiency measures like lighting and HVAC. It also describes custom incentives that provide $0.08 per annual kWh saved for other qualified measures. The document reviews incentive amounts and eligibility for both existing buildings and new construction. Contact information is provided for the energy efficiency program.
We make electronic switching ballasts and digital addressable switch controls for fluorescent fixtures. Our distributed end devices can talk to BAS and other lighting control systems.
Reframed Tech Series: Solar panels & deep retrofitsPembina Institute
The Pembina Institute presents the Reframed Tech Series — webinars on evolving deep retrofit solutions.
Watch our fourth webinar to hear from leaders in integrating solar panels into deep retrofit solutions. Learn about solar costing and projects underway, and ask burning questions about the opportunities and challenges of bundling photovoltaic systems with retrofit packages.
https://pembina.org/ReframedTechSeries
Mike Singleton of Sustainable Buildings Canada presented an overview on the results of the first year of Enbridge Savings By Design builder workshops. Savings by design aims to help Ontario builders of commercial buildings and production residential projects surpass the energy requirements of the Ontario Building Code by 25%.
- SLCC has made great strides in optimizing building operations and leveraging data insights to identify energy savings opportunities. This report summarizes SLCC's energy conservation efforts for fiscal year 2015-2016.
- Key projects included commissioning at the Jordan campus, mechanical upgrades like VFD installations, controls upgrades, and lighting retrofits. These projects realized significant energy and cost savings.
- Looking ahead, SLCC plans to install on-site power generation including a CHP system and expand solar, continue retrofitting controls and optimizing operations, and enhance energy tracking and analytics. The goal is to continue improving building efficiency and sustainability.
Presentation Fredricton September 2009 generalAngelo Mangatal
This document provides an overview of a presentation on energy efficiency opportunities for the electrical generation sector. It discusses the benefits of energy efficiency, including financial savings and environmental benefits. It identifies obstacles to energy efficiency in the sector and provides suggestions on how to increase awareness and identify opportunities. Specific energy efficiency measures and programs are outlined, and case studies provide examples of energy and emissions reductions achieved through efficiency improvements.
Lessons learned from project implementation and tips for working with your lo...University of Minnesota
Presentation by Brian Jeremiason, Lyon-Lincoln Electric Cooperative. An LED street lighting forum was hosted at the League of Minnesota Cities Annual Conference on June 19th, where a packed room of 40 people learned first-hand from a tremendously knowledgeable line-up of speakers from across Minnesota. Learn more at http://www.cleanenergyresourceteams.org/blog/better-light-and-more-savings-led-street-lights-conference-session-recap
How building owners, developers and tenants are working together with technology providers to develop high-performance, net-zero, and positive-energy buildings.
Research Support Facility: Three years of net zero operations, occupants, and...Shanti Pless
October 8th, 2015 Center for the Built Environment Industry Advisory Board Keynote on our efforts to deliver long term net zero energy performance at NREL
The document discusses three energy efficiency projects completed at First Canadian Place in Toronto:
1) 16 air handling units were outfitted with variable frequency drives, reducing energy usage by 727,982 kWh/year and demand by 208.4 kW.
2) 27 heating and cooling pumps had variable speed controls installed, lowering energy consumption by 4,898,082 kWh/year and demand by 167 kW.
3) Lighting on the 60th floor was upgraded with more efficient fixtures and motion sensors, cutting energy usage by 138,506 kWh/year and demand by 12 kW."
Transition Town Marlow's Solar 100 Project WSI Thames
Provides an overview of the Transition Town Marlow movement and detail of its project to achieve 100 installations in Marlow.
Useful information on types of solar panel and special partnerships established to provide users with discount.
This document summarizes a business that refurbishes used batteries to provide backup power solutions as an alternative to generators. The business sources dead batteries, tests and sorts them, then assembles refurbished batteries and sets them up for customers. It provides monitoring to avoid downtime. The business model is more affordable and eco-friendly than generators. It plans to partner with recycling centers, universities, and companies to source batteries and expand.
Casestudy of the HVAC systems for the LEED Platinum IGS Building
A presentation by Joe Ventresca of Max Green
Presented at the Columbus Green Building Forum's 2011 Green Building EXPO
Rebuilding Greensburg to be a Zero Energy CityShanti Pless
A review of Greensburg's rebuilding to LEED Platinum with Zero Energy wind powered city goals, with published results at: http://www.nrel.gov/docs/fy12osti/53539.pdf.
Assessing Your Building Energy Costs: Benefits of Energy Modeling to OwnersIllinois ASHRAE
Keith Swartz of the Energy Center of Wisconsin presents Assessing Your Building Energy Costs: Benefits of Energy Modeling to Owners at the 2012 Chicago Energy Modeling Conference.
David Eldridge of Grumman / Butkus Associates present the ASHRAE Building Energy Quotient Labeling Program at the 2012 Chicago Energy Modeling Conference.
This document discusses net zero energy buildings (NZEBs). It provides context on climate change and government policies driving the adoption of NZEBs. It defines NZEBs as buildings that produce as much renewable energy as they consume on an annual basis. However, there is no consistent definition as the energy balance can be measured at the site or source level and can include energy use, emissions or costs. The document also discusses practical challenges to achieving true net zero status and examples of organizations pursuing net zero energy goals.
This document discusses considerations for switching from traditional street lighting to LED street lights. It lists common questions around fixtures, maintenance, costs, and other factors to examine. Key steps are outlined, such as understanding lighting terminology, choosing appropriate specifications for the application, conducting economic analyses, and testing samples on-site. The goal is to hit a fast moving target and ensure stakeholders that the right decision is being made to replace street lights with LED options.
Benchmarking provides high-level comparisons of whole-building energy use but cannot identify where energy is used or determine cost-effectiveness of upgrades. Retroactive energy modeling uses submetering and hourly data to calibrate an energy model that can answer these questions. By identifying lighting was used 5 extra hours daily, submetering showed controls could save more than lamp upgrades alone in just a few months. Preparing for measurement and verification involves obtaining operational data, connecting submeters to monitor real-time use, and educating occupants on energy impacts to identify hidden problems and most cost-effective upgrades.
This document outlines energy efficiency incentives for commercial, industrial, and government buildings in Asheville, North Carolina. It provides details on prescriptive incentives for retrofits and new construction that offer fixed incentives per unit for common energy efficiency measures like lighting and HVAC. It also describes custom incentives that provide $0.08 per annual kWh saved for other qualified measures. The document reviews incentive amounts and eligibility for both existing buildings and new construction. Contact information is provided for the energy efficiency program.
We make electronic switching ballasts and digital addressable switch controls for fluorescent fixtures. Our distributed end devices can talk to BAS and other lighting control systems.
Reframed Tech Series: Solar panels & deep retrofitsPembina Institute
The Pembina Institute presents the Reframed Tech Series — webinars on evolving deep retrofit solutions.
Watch our fourth webinar to hear from leaders in integrating solar panels into deep retrofit solutions. Learn about solar costing and projects underway, and ask burning questions about the opportunities and challenges of bundling photovoltaic systems with retrofit packages.
https://pembina.org/ReframedTechSeries
Mike Singleton of Sustainable Buildings Canada presented an overview on the results of the first year of Enbridge Savings By Design builder workshops. Savings by design aims to help Ontario builders of commercial buildings and production residential projects surpass the energy requirements of the Ontario Building Code by 25%.
- SLCC has made great strides in optimizing building operations and leveraging data insights to identify energy savings opportunities. This report summarizes SLCC's energy conservation efforts for fiscal year 2015-2016.
- Key projects included commissioning at the Jordan campus, mechanical upgrades like VFD installations, controls upgrades, and lighting retrofits. These projects realized significant energy and cost savings.
- Looking ahead, SLCC plans to install on-site power generation including a CHP system and expand solar, continue retrofitting controls and optimizing operations, and enhance energy tracking and analytics. The goal is to continue improving building efficiency and sustainability.
Presentation Fredricton September 2009 generalAngelo Mangatal
This document provides an overview of a presentation on energy efficiency opportunities for the electrical generation sector. It discusses the benefits of energy efficiency, including financial savings and environmental benefits. It identifies obstacles to energy efficiency in the sector and provides suggestions on how to increase awareness and identify opportunities. Specific energy efficiency measures and programs are outlined, and case studies provide examples of energy and emissions reductions achieved through efficiency improvements.
Lessons learned from project implementation and tips for working with your lo...University of Minnesota
Presentation by Brian Jeremiason, Lyon-Lincoln Electric Cooperative. An LED street lighting forum was hosted at the League of Minnesota Cities Annual Conference on June 19th, where a packed room of 40 people learned first-hand from a tremendously knowledgeable line-up of speakers from across Minnesota. Learn more at http://www.cleanenergyresourceteams.org/blog/better-light-and-more-savings-led-street-lights-conference-session-recap
How building owners, developers and tenants are working together with technology providers to develop high-performance, net-zero, and positive-energy buildings.
Research Support Facility: Three years of net zero operations, occupants, and...Shanti Pless
October 8th, 2015 Center for the Built Environment Industry Advisory Board Keynote on our efforts to deliver long term net zero energy performance at NREL
Feed-In Tariffs - Making sunlight a cash crop - Philip Wolfe (Ownenergy)Farming Futures
The document discusses the UK's Feed-In Tariff (FIT) program which aims to promote renewable energy generation. The FIT program provides payments to renewable energy system owners for electricity generated and exported to the grid. Payments include a generation tariff for all kWh generated, savings from offsetting grid imports, and an export bonus for kWh exported. Eligible technologies receive tariffs for 20-25 years. The FIT program is administered by Ofgem and funded by a levy on electricity bills.
The document discusses best practices for renewable energy co-operatives in the United Kingdom. It describes how the Baywind Energy Cooperative was formed in 1996 to invest in a local wind farm, inspiring other cooperatives. Now there are over 7,000 members of energy cooperatives that have raised over £13 million for renewable projects. The Co-operative Group has also invested in numerous wind and solar projects to power its retail outlets and schools. While cooperative renewable energy shows potential, major barriers around planning, financing, and support still remain.
This document discusses communities and their involvement in renewable energy projects in the UK. It outlines that little research has been done on the actual motives for local opposition to renewable energy schemes. More research is needed to help the UK meet climate change targets. The document reviews literature on social networks and communities. It discusses how communities can positively or negatively impact renewable energy projects through support, opposition, or indifference. When communities are involved and see benefits, renewable energy projects tend to be more successful.
Hyderabad | Sep-16 | SAFE Network – An Initiative to support Smallholder FarmersSmart Villages
Smallholder farmers in India are facing significant challenges from climate change impacts like droughts and floods. In the past, farmers relied on organic methods and adequate rainfall/water sources, but now face issues like depleted groundwater, erratic rainfall, use of chemicals, and unreliable electricity. The future of farming requires sustainable energy-dependent practices, water conservation, afforestation, and diversified crops. Supporting smallholder farmers is important as they make up the majority of Indian farmers but have limited irrigation access. Grassroots organizations aim to promote best practices, form farmer groups, and support farmers through challenges like seed banks and veterinary care.
Dr. Charles Levinson bought Owdeswell Manor in Gloucestershire and sought to make it more sustainable by installing renewable energy sources, planting woodland, and rearing traditional livestock. He installed a 10kW solar PV system that will provide a 20% annual return on investment from electricity cost savings and government subsidies. Dr. Levinson also plans to install a biomass boiler to heat the manor with wood pellets and earn subsidies under the Renewable Heat Incentive. Renewable energy investments not only reduce costs but add value to the property for future generations.
Solar PV in Agriculture: on your roofs and in your fields? Paul Cottington (NFU)Farming Futures
The National Farmers Union (NFU) champions British farming. The document discusses the NFU's support for solar photovoltaic (PV) energy in agriculture. It notes that farmers are well-placed to capture renewable energy sources like solar PV while continuing food production. The South West of England is well-suited for solar PV due to incentives, sunshine hours, and solar irradiation levels. The NFU provides guidance to farmers on implementing solar PV projects, addressing scale, energy efficiency, and ensuring projects are compatible with agricultural operations and acceptable to neighbors.
The document discusses the UK's need to invest in renewable energy due to aging coal and nuclear power stations and its dependence on fossil fuels. It introduces the UK's Feed-in Tariff (FiT) incentive for solar power, wind, and other renewables that provides returns of 6-12% annually over a 25-year contract. It also summarizes Germany's successful solar FiT program and industry. While the UK solar market was initially nervous, installations grew once the FiT rates and contracts were confirmed. The document proposes using solar power to address energy poverty through projects that could reduce tenants' electricity bills by 30-50%.
20121016 sev1 aee_parish-presentation_mio-awi-pptxDonald Jones
The Sevor solar PV farm project proposal provides details about a proposed 10.86MWp solar farm in South Marston, Wiltshire. The 23.8 hectare site would include 37,440 solar panels expected to generate approximately 9.23 million kWh of electricity annually. The proposal discusses connecting the solar farm to the local grid or a nearby industrial site. It also considers incorporating some community amenities, such as trails or greenspace, to address local concerns.
Dan Stone, Centre for Sustainable Energy - Renewable EnergyPAS_Team
This document summarizes a seminar on renewable energy and community-led renewable projects. It discusses key policy drivers in the UK to increase renewable energy and reduce emissions, and provides examples of local planning policies that support community renewable energy initiatives. Benefits of community renewable projects are outlined, such as providing local jobs and funds, as well as examples of specific community projects involving solar, wind, and biomass energy. Support programs for feasibility studies and project development are also mentioned.
Solar Development using Agricultural Land (An introduction to PV technology, ...Farming Futures
This document provides an introduction to photovoltaic (PV) technology and considerations for agricultural landowners interested in solar development. It discusses the basics of grid-connected PV systems and the UK's Clean Energy Cashback tariff program. Key questions are outlined for solar developers regarding system ownership, equipment, planning and grid connection. Case studies of ground-mounted and roof-mounted solar farms are also presented.
Getting Solar PV off the ground - some practical feedback from the Worthy Far...Farming Futures
The document discusses considerations for installing a solar photovoltaic (PV) system on a farm, based on lessons learned from installing a system at Worthy Farm. Key factors discussed include site selection considering orientation, shading and electrical supply; performance forecasting requiring a third-party report; structural and safety reviews of the building; planning and grid capacity checks; ensuring proper plant room conditions for inverters; rodent proofing of wiring; safety during installation; security considerations; and selecting an experienced installer that can provide a comprehensive turnkey design and installation service.
Energy Technologies for Mid-Rise Buildings - Past, Present and FutureRayco Energy
Presented on January 21, 2015 to WESTCON (Western Construction Consultants Association) by Rayco Energy.
An overview of the evolution of energy technologies in the high-density residential and commercial marketplace. Assessing energy management planning and budgeting for solar pv roof panels, LED lighting upgrades, demand management, and building envelope upgrades within California and Nevada.
Michael Twedt presented on various energy efficiency programs and incentives for facilities projects. He discussed the Rural Energy for America Program (REAP) which provides grants and loans for renewable energy and efficiency upgrades. Energy audits are used to identify cost-effective measures and quantify potential savings. Building energy modeling software can evaluate different system alternatives. Tax incentives like the commercial building tax deduction can offset costs of high-efficiency upgrades. Combining multiple efficiency measures provides the best opportunity for energy and cost savings.
This document provides an overview of energy efficiency and green building topics for realtors and mortgage professionals. It discusses the benefits of energy efficiency like saving money and improving home comfort. It also covers energy assessments, available financing options like HELOCs and PACE loans, green MLS listings, net zero homes, and California's energy disclosure law. The goal is to help real estate and financing professionals understand and profit from energy efficiency.
This covers the economics of energy efficiency focusing on the Energy Efficiency Gap and work by Allcott and Greenstone (2012) and Gillingham et al. (2009)
Silicon Valley Bank Energy Efficiency Report: Key Sector TrendsSilicon Valley Bank
SVB's Energy Efficiency Report provides perspective on the key players and most compelling trends in the Energy sector. Topics covered include VC and government funding in the energy efficiency market; industry trends related to regulation, consumer demand and technology enhancements; and an overview of financing for energy companies.
This document discusses Beezley Energy's renewable energy project model. Key points:
- Beezley Energy provides renewable energy systems like solar and geo-thermal at no upfront capital cost to the client. Savings on energy costs typically range from 20-30% upon installation.
- Financing options include power purchase agreements (PPA), where the client pays only for energy used, or leases where the client pays periodic fees. No option requires upfront capital from the client.
- Beezley Energy handles system design, installation, permitting, and maintenance. Their model aims to provide a reliable low-cost green energy source and protect clients from unpredictable utility rate hikes over long-term agreements.
The document summarizes design considerations for renovating the historic Meier & Frank Delivery Depot building for a new tenant, Vestas. Key points discussed include:
- The design celebrates the contrast of the historic building fabric with a modern workplace environment.
- An atrium was proposed to address the challenge of no natural light penetration to the building core, providing light and improving collaboration between floors.
- Other challenges included the building being a full city block with no windows, and interior renovations requiring historic review.
- Additional topics covered include lighting approach, material efficiency, water efficiency, and improving the indoor environment. The general contractor discussed challenges around seismic upgrades, the historic status, and benefits of the
Canadian Solar Panel aims to maximize profits by providing quality solar panels at reasonable prices in Yemen. The company has over 50 GW of solar module installations in over 150 countries. It employs nearly 14,000 people and has a good reputation for high quality, affordable panels. Transaction costs include shipping, transportation, taxes, logistics, and inventory costs, which determine the final price customers pay. Demand is elastic and subject to changes in price, income, and substitutes.
Six startups born out of Lawrence Livermore National Laboratory technologies made presentations at a recent entrepreneurial event to attract investors.
The companies -- which have licensed technologies in biotech, renewable energy, sensors, infrared imaging and health care -- showcased their capabilities at the Entrepreneurs-in-Readiness (EIR) event at the Livermore Valley Open Campus' High Performance Computing Innovation Center.
The event was part of an EIR program developed by the Lab's Industrial Partnerships Office (IPO) to connect nascent companies with entrepreneurs and investors. The idea is to engage a diverse group of entrepreneurs and industry experts from Silicon Valley to help nurture promising new early stage Lab technology companies toward commercialization.
ipo.llnl.gov
CEE and Seventhwave lead a rapid-fire discussion of innovative tech and program approaches, and the most meaningful recent research findings for utility representatives, efficiency program implementers, and both residential and commercial field experts.
Smart energy efficiency for industrial consumer systemsGeorges Seil, PhD
Georges Seil is an energy efficiency expert who has worked on projects in Europe and obtained certifications in energy management. He proposes a method called FEEBIZ that breaks down industrial energy consumption into finite elements that can each be optimized. The document discusses threats to energy efficiency, trends like ISO 50001 energy management, and investment opportunities in waste-to-energy conversion technologies like pyrolysis of plastics and tires. On-site combined heat and power is also presented as an efficient option to improve industrial energy use.
Smart energy efficiency for industrial consumer systemsGeorges Seil, PhD
Georges Seil is an energy efficiency expert who has worked on projects in Europe and obtained certifications in energy management. He proposes a method called FEEBIZ that breaks down industrial energy consumption into finite elements that can each be optimized. The document discusses threats to energy efficiency, trends like ISO 50001 energy management, and investment opportunities in waste-to-energy conversion technologies like pyrolysis of plastics and tires. On-site combined heat and power is also presented as an efficient option to improve industrial energy use.
This document discusses energy efficiency in industry. It notes that energy efficiency means using energy in the most cost effective way to minimize waste and reduce primary energy consumption. Some key benefits of energy efficiency for industries include lower costs, increased competitiveness, and a reduced environmental impact. However, there are also barriers to implementing energy efficiency such as a lack of awareness, perceived risks, and an absence of technologies. The document explores various approaches to improving energy efficiency, including passive measures like efficient lighting and active measures like automation and regulation. It also discusses concepts like energy benchmarking, energy service companies (ESCOs), and the synergies between energy efficiency and renewable energy.
Discuss the relative strengths of common distributed generation technologies: photovoltaic, solar thermal and fuel cells. Participants will learn the true costs and benefits of a wide range of distributed generation technologies and how they compliment energy-efficiency measures.
This document introduces Renewable Resources Energy Solutions, Inc. and their Solarize Greenwich program. It outlines their team members and commitment to providing honest assessments, aesthetically pleasing installations using high-quality components, and meticulous workmanship. The benefits of going solar are listed as reducing electric bills, hedging against rising costs, increasing home value, and being environmentally friendly. Current solar trends and incentives available in Connecticut are also summarized. The document provides an overview of how solar works and the solar installation process. FAQs about solar panel energy production, maintenance needs, impact on property taxes and insurance are also addressed.
This document summarizes Southern California Gas Company's water heating programs and initiatives. It discusses the gas company's large customer base of residential natural gas water heaters, the aging water heater population, and goals to increase energy efficiency. It outlines the gas company's rebate programs for higher efficiency storage and tankless water heaters, as well as education and training programs through its Energy Resource Center.
Funding Energy Efficiency With Rebates & Incentives Kimkimcollins01
Provide assistance with construction, commissioning, and post-installation requirements
Coordinate post-installation inspection (as necessary)
Collect required post-construction documentation
Calculate final Rebates based on as-built conditions
File final Rebate applications
Exhibit 1 – Summary Scope of Work (con’t)
Payment: Manage Rebate payment process
Expedite Rebate payments
Distribute Rebate payments per agreed upon terms
Provide reporting on Rebates received
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NIMA2024 | De toegevoegde waarde van DEI en ESG in campagnes | Nathalie Lam |...BBPMedia1
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AgroNomics vision 2014 - On Farm Energy Independence
1. Engineering Energy Solutions since 2001
HelioPower
On Farm Energy Independence
AgroNomics, Vision 2014
U.S. Ag Investment Conference
Nov 11-15, 2013 - Reno, Nevada
Tom Millhoff
Agribusiness Practice Leader
HelioPower, Inc.
2. Engineering Energy Solutions since 2001
• Energy Matters
• Energy Economics: Three levers for savings
• Supply: Cheap power alternatives – tips & traps
• Demand: Unconventional ideas, sustainable savings
• Price/Policy: Paying less and creating wealth
• Energy Planning Guide
• Approaching Energy Projects
• Valuing Energy Projects
• Financing Energy Projects
• Conclusions, Questions & Answers
HelioPower
Overview
3. Energy Matters
Engineering Energy Solutions since 2001
HelioPower
• Utilities face rising & deferred costs
• Farmers face rising & volatile retail prices
• New Era of Choice & Independence
4. Energy Matters - Traps
Engineering Energy Solutions since 2001
Coal – regulatory costs, emissions abatement
Natural Gas – unsustainably low prices
Nuclear – Mothballed reactors
Hydro – aging dams, permitting, climate change
Failing Infrastructure - future costs
HelioPower
Utilities face rising & deferred costs
5. Energy Matters - Traps
Farmers face rising, volatile retail prices
PG&E Large Ag Pricing
% change vs YAGO
$0.70
14%
PG&E $/kWh -
$0.60
12%
optimistic
$0.50
PG&E $/kWh -
8%
pessimistic
$0.40
$/kWh
6%
4%
Engineering Energy Solutions since 2001
10%
HelioPower
16%
Forecast PG&E Large Ag Pricing
$0.30
2%
$0.20
0%
-2%
2006 2007 2008 2009 2010 2011 2012 2013 CAGR
$0.10
-4%
-6%
$0.00
2005
2010
2015
2020
2025
2030
2035
6. Energy Matters - Tips
Future: Distributed Generation
Modest Capital Costs
+ Economies of proximity
+ Competing approaches
+ Low/zero cost fuel
+ Falling legal barriers
= Growing competition
+ Emissions reductions
= Competitive Marketplace
Engineering Energy Solutions since 2001
Past: Centralized Power Generation
Massive Capital Costs
+ Economies of scale
+ Lack of substitutes
+ Fuel control
+ Legal barriers to entry
= No Competition
+ Price inelasticity
= Monopoly Power
HelioPower
New Era of Choice & Independence
13. Energy Economics - Supply
Engineering Energy Solutions since 2001
Characteristics
Established, reliable, cheap
Monopolistic marketplace
Rising, volatile prices
Rural power quality issues
Rural accessibility issues
Expensive in some states
Expensive summer rates
HelioPower
Electric Grid: The “Avoided Cost”
Hurdle
14. Energy Economics - Supply
Engineering Energy Solutions since 2001
Characteristics
Established, reliable, cheap
Domestic supply
Climate friendly vs coal
Monopolistic distribution
Rising, volatile prices
Rural accessibility issues
Environmental risks
HelioPower
Natural Gas: The “Avoided Cost”
Hurdle
15. Energy Economics - Supply
Diesel: An unnecessary evil?
Tips & Traps
Ongoing fuel costs
Limit usage to on-peak
Plan on changing!
Engineering Energy Solutions since 2001
HelioPower
Characteristics
Reliable, on-demand
High fuel costs
High NOx Emissions
16. Energy Economics - Supply
Natural Gas Engines
Tips & Traps
Co-Gen/CHP heat need?
Emissions regs
Rising fuel costs
Diesel
Natural Gas
Electricity
Relative Irrigation
Fuel Costs
Engineering Energy Solutions since 2001
Propane
HelioPower
Characteristics
Reliable, on-demand
Cheap fuel cost
Accessibility
18. Energy Economics - Supply
Biomass (Crop Residue)
Tips & Traps
Got heat baseload?
Fuel oppty costs?
Engineering Energy Solutions since 2001
HelioPower
Characteristics
Carbon negative!
On-site fuel
Heat + power (CHP)
Large investment
Hard to finance
Complex interconnection
12mo fuel inventory
High O&M costs
19. Energy Economics - Supply
Tips & Traps
Got Sun?
Got Taxes?
Policy and finance are as
important as engineering
Buy low, sell high
Engineering Energy Solutions since 2001
Characteristics
Sustainable, no fuel
Low ownership costs
Incentives, financing
Large capital investment
Not “power-dense”
HelioPower
Solar - Photovoltaic
20. Energy Economics - Supply
Solar - Thermal
Tips & Traps
• Shares Solar PV Traps/Tips
Qualify your roof
Improved closed-loop
technology vs 1980’s
Engineering Energy Solutions since 2001
HelioPower
Characteristics
• Shares Solar PV attributes
For water heating
Efficient & economic
Not power dense
Heavy on roofs
21. Economics - Supply
Wind
Inexpensive energy
Intermittent power
High up front costs
Expensive feasibility
Engineering Energy Solutions since 2001
Geothermal
Facility heat & steam
Reliable baseload
High up front costs
HelioPower
Other Renewable Sources
22. Economics - Supply
Tips & Traps
Peak demand avoidance
Prices falling: like Solar 10
years ago
Voltage frequency business
models
No rate arbitrage
Engineering Energy Solutions since 2001
Characteristics
Enable Micro Grid
Grid balance services
Fix rural power quality
Island mode option
Emergency power
Off-grid power
Still expensive
HelioPower
Energy Storage
24. Energy Economics - Demand Management
Manage When you Consume
Engineering Energy Solutions since 2001
HelioPower
• Charges vary by time of day and season
• Main charges are for Energy (kWh) and Demand (kW)
25. Energy Economics - Demand Management
Manage When you Consume
Trap: Summer Load
Tip: Peak Shave
Engineering Energy Solutions since 2001
HelioPower
Trap: On-Peak Load
Tip: Work Rules
26. Energy Economics - Demand Management
Manage When you Consume
Solar + Net Metering
Tip: Buy Low, Sell High
Engineering Energy Solutions since 2001
HelioPower
On-Peak Load
Trap: Buy High
28. Energy Economics - Price/Policy
Engineering Energy Solutions since 2001
HelioPower
Manage What you Pay
29. Energy Economics - Price/Policy
Manage Where you Consume
Net Meter Aggregation
Tip: Offset loads without
sacrificing cropland
Engineering Energy Solutions since 2001
HelioPower
Net Metering
30. Energy Economics – Price/Policy
Engineering Energy Solutions since 2001
HelioPower
Avoided Costs Drive Energy
Investment
31. Energy Economics - Price/Policy
Engineering Energy Solutions since 2001
HelioPower
Renewable Portfolio Standards
32. Energy Economics - Price/Policy
Corporate tax credit(s) only
Personal + corporate tax credit(s)
Notes: This map does not include corporate or personal tax deductions or
exemptions; or tax incentives for geothermal heat pumps.
Engineering Energy Solutions since 2001
Personal tax credit(s) only
HelioPower
Renewables Tax Credits
Puerto Rico
34. Energy Planning Guide
How to Approach an Energy Project
Trap: Dive right in to a specific solution
Tip: Define your Needs, Goals & Resources
Resources?
•
•
•
•
•
Feedstocks/Fuels
Site resources
Time
Team
Financial
• Capital
• Tax appetite
• Credit
Engineering Energy Solutions since 2001
Goals?
• Return hurdle
• Time horizon
• Stability
• Sustainability
• Leadership
• Competition
HelioPower
Needs?
• Cheaper power
• Reliable power
• NOx Avoidance
• Buyer compliance
35. Energy Planning Guide
How to Select Energy Partners
Engineering Energy Solutions since 2001
Selecting an Integrated Energy Services Partner
Seek referrals
NABCEP, General & Electrical contractor certifications
Good standing with permitting authorities and utilities
In-house financing, install, operations & maintenance
Long-standing, healthy business
Do they ask insightful questions?
HelioPower
Do it yourself
RFP or competitive bid on vague scope
Engage Energy Services partner for feasibility, scope, financing, then take to bid
(costs money up front)
Select partner for turnkey solution (no up-front cost)
36. Energy Planning Guide
How to Value an Energy Project
Traps:
Comparables – not viable for design/build custom projects
Capitalization of income/rents - varied income stream
Requires assumed discount rate
IRR – Simple means of comparing differing projects
Does not reflect changing discount rates over time
Engineering Energy Solutions since 2001
Additive to property valuation
HelioPower
Tips:
NPV – Intrinsic present value of income producing asset
38. Energy Planning Guide
Financing Energy Projects
Power Purchase Agreement
3rd party monetizes tax benefits &
incentives
Lowest operational risk / exp
High financing & transactions costs
Engineering Energy Solutions since 2001
PACE (Property Assessed Clean
Energy Finance)
Secured by Property Tax
Very low capital costs
Mortgagers hate it
Requires tax appetite
True Lease / Tax Lease
3rd party monetizes tax benefits &
incentives
Moderate financing & transactions
costs
Delayed ownership
HelioPower
Cash Purchase / Loan
Best total returns, simple
Requires capital, tax appetite
39. Energy Planning Guide
Conclusion - If it makes sense today, DO IT.
Engineering Energy Solutions since 2001
Traps
Technology Risk – Expect incrementalism
Price Risk - Commodity characteristics
Policy Risk - Consider pending policy & sunset dates (ITC 2016)
Tips
Time risk - Lost savings
Competitive risk – Will they have lower costs?
HelioPower
Making a Decision
40. Conclusions
ENERGY PLANNING
• Start by defining your needs, goals and resources
• Invest your time in selecting good energy partners
• Value and compare projects on long term savings (NPV, IRR)
• There is always uncertainty. If it makes sense today, do it.
Engineering Energy Solutions since 2001
ECONOMICS
• SUPPLY: Avoided cost, resources & policies drive choice
• DEMAND: Manage your energy demand
• PRICE/POLICY: Leverage local policies
HelioPower
• We all buy, sell, value and finance energy
• We are entering a new era of energy choice
41. Thanks to…
Engineering Energy Solutions since 2001
Carol Fornhoff – Westchester Group
Mark Peterson - Kefa Capital,
Howard Haldermann - Halderman Farm Management
Corey Prins - Northwestern Farm Management Co.
George Baird - LandManagement Group, LLC
Ricardo Amon – the California Institute of Food & Agriculture Research at UC
Davis
• Jim, Mary & James Rickert – Prather Ranch
• Cheryl Cooley, Meg Butcher, and the ASFMRA team
HelioPower
•
•
•
•
•
•
42. Engineering Energy Solutions since 2001
HelioPower
Questions & Answers
Tom Millhoff - HelioPower, Inc.
Agribusiness Practice Leader
C:775.830.0448 O:760.563.5528
E: TMillhoff@HelioPower.com
Editor's Notes
(bond, slow)Thanks for that great introduction. And thanks to you for coming… I appreciate the help that folks like Carol Fornhoff, Mark Peterson, Howard Haldermann and Corey Prins provided in guiding my remarks this afternoon.My goal this hour isTo provide you with an overview of our dramatically changing farm energy landscape, To equip you with some tips, warn you of traps, & provide you with practical tools that will Help you and your clients create wealth by valuing and managing down your long term energy expenses.=========================SOURCES ============– Daisy the Cow @ Prather Ranch Solar photo courtesy of Mary Rickert
Our goal this hour is to provide you with an overview of this changing farm energy landscape, and equip you with some tips, warn you of traps, & provide you with tools to help you and your clients create wealth by valuing and managing down your long term energy expenses.Energy is a rich topic and your needs will be unique, so I’m structuring the presentation into three sections.Start by defining why energy matters to youThen take an economic approach to identifying energy opportunities using the levers of energy supply, demand and price.Finally we’ll provide a brief Energy Planning Guide to help you make sound decisions in the face of imperfect information.And of course we’ll have some time for Q&A. My colleague Amanda Holland and I will also be hosting a breakfast networking table tomorrow AM; if you have a specific project you’d like to explore I invite you to reach out to us after the presentation.========== SOURCES ==========Chart - U.S. farm energy use fell after 1979 as farmers switched from gasoline to diesel and reduced tillage and agrochemical use. 1 Exajoule (EJ) = 0.95 Quadrillion BTU. Figure adapted from Miranowski (2005) by Michael Bomford.
OK we’ve established that we’re all in the Energy business. So let’s drill deeper to find out why energy matters to Farm owners, managers, appraisers and financiers. Bad news first:Utilities face fuel price/supply unpredictability and rising costs=========== SOURCES ===============Graphic – US Dept of Interior – Bureau of Reclamation - http://www.usbr.gov/power/edu/hydrole.htmlNatGas - The Economist 3/2/13 - http://www.economist.com/news/finance-and-economics/21572815-natural-gas-prices-are-sure-riseeventually-bonanza-or-bane “Most gas wells require $4 or more to cover costs”Hydro - U.S. Army Corps of Engineers Water Resources California DWR - http://www.water.ca.gov/climatechange/docs/ClimateChangeWhitePaper.pdfNuclear – “Aging and expensive, reactors face mothballs” NYTimes 10/12/12(SCE announced on June 7, 2013 that it would "permanently retire" SONGS Unit 2 and Unit 3);Fukushima Daiichi Nuclear Power Plant 2011Infrastructure – “CPUC recommends $2.25 billion fine for San Bruno” LA Times May 6 - http://www.latimes.com/local/lanow/la-me-ln-san-bruno-explosion-20130506,0,1062469.story
(More bad news)… so retail energy prices are volatile & rising- Since 2006 PG&E pricing for large agricultural electrical services has been rising erratically at a 5% CAGR. - If the trend continues retail electricity prices will exceed $.50/kWh in 20 years… for those who have not developed alternatives sources.=========== SOURCES ===============PG&E - http://www.pge.com/tariffs/electric.shtml#LARGEAG
TRANSITION Now for the Good news: world’s a changin’… PAST – MONOPOLY POWERFUTURE – DISTRIBUTED GENERATION – “DISTRIBUTED SUPPLIER POWER”No longer “Energy Takers”… you have choices.Alternative sources of energy may cost less, or even be more reliable, than utility power.
Three levers: Supply, Demand & Price/Policy. Each lever has advantages. Price-driven energy projects tend to deliver high % returns and low $ returns on small $ investmentSupply-driven projects should deliver high $ returns and lower % returns on larger $ investment… but they create wealthDemand-driven projecst lie somewhere in-betweenCombine them for best outcomes
Real data from a multi-project feasibility study at grain mill$ Rtn (ROI) %Rtnn (IRR) $ Inv$2,500 50% $500 Conserv (Behavioral)$130,000 38% $50,000 Effic (Wastewater recycling)$500,000 45% $50,000 Rate / GM (rates swap, predictive analytics)$2,750,000 18% $600,000 Renewable DG (Solar)#3,200,000 20% $650,000 IES(mix of above)SOURCE: HelioPower client===========
TRANSITION – Since it gives us the biggest bang, let’s start by pulling the Energy Supply lever.
Today we face a broadening portfolio of energy supply choicesBroadly speaking two categories of DG: With Fuel/Feedstocks, WithoutEach solution merits a dedicated presentation, so I’ll focus on an overview of characteristics, traps & tips for those most viable in a farm environment.FUEL CELLS - A fuel cell is a device that converts the chemical energy from a fuel into electricity through a chemical reaction with oxygen or another oxidizing agent.[1] Hydrogen is the most common fuel, but hydrocarbons such as natural gas and alcohols like methanolare sometimes used. Fuel cells are different from batteries in that they require a constant source of fuel and oxygen/air to sustain the chemical reaction; however, fuel cells can produce electricity continually for as long as these inputs are supplied.
For any energy project to be economically sustainable it has to reliably deliver a levelized cost of energy below that of the electric grid… or gas distribution system. We refer to this as the “Avoided Cost of Energy”. More energy projects get done where existing “avoidable” energy costs are high – more on this laterEnergy projects also get done where energy supply is limited or unreliable========== sources ===============http://www.geni.org/globalenergy/library/national_energy_grid/united-states-of-america/americannationalelectricitygrid.shtml
The same holds for Natural Gas. Advances in extraction technologies and techniques are driving conversion from centralized coal and distributed diesel… and that’s good… if you have NatGas access.========= SOURCES ==========http://www.c2es.org/docUploads/leveraging-natural-gas-reduce-ghg-emissions.pdfhttp://geology.com/articles/natural-gas-prices/
Many of you probably converted irrigation pumps to diesel back in the 90’s when it was $1/gal… now that it’s $4/gal NatGas is looking attractive. But both solutions make you dependent on expensive feedstocks and are subject to emissions regulations. - You should consider moving off DieselNatGas may not be your best alternative… high ongoing fuel costsGrid or Solar+Grid… or soon even Solar + Battery can deliver much lower lifetime costsNOx is a generic term for mono-nitrogen oxides NO and NO2 (nitric oxide and nitrogen dioxide)Sources: http://heliopower.com/food-agriculture/diesel-solar-conversion-irrigation/
Let’s take a closer look at NatGas in the context of irrigationtui========= SOURCES ===========http://heliopower.com/food-agriculture/diesel-solar-conversion-irrigation/KSU Irrigation Energy Costs.xls -----A spreadsheet program to compare the costs of irrigation energy options.Version -- 11.08.05Key assumptions:-INPUT------ Acres1 Electric:0.080$/kWh90% NPPPCInches Applied1 Nat. Gas:6.00$/mcf90% NPPPCFeet Lift300 Diesel:1.10$/gal90% NPPPCPSI Pressure20 Propane:0.90$/gal90% NPPPC-OUTPUT-----EnergyEnergy Energy ----- Cost as percent of: ----- Source Cost ($)Use Elec.Nat. GasDieselPropaneElectricity3.9850kWh100%93%103%69%Natural Gas4.281mcf108%100%111%74%Diesel3.874gal97%90%100%67% Propane 5.756gal145%134%148%100%
http://www.nrel.gov/gis/images/map_biomass_crop_residues.jpgSee also http://maps.nrel.gov/prospector
TRANSITION – RENEWABLES. Main advantage is zero feedstock costs… sustainability. Source: http://www.nrel.gov/gis/images/eere_pv/national_photovoltaic_2012-01.jpg See also http://maps.nrel.gov/prospector
Source: http://www.nrel.gov/gis/images/eere_pv/national_photovoltaic_2012-01.jpg See also http://maps.nrel.gov/prospectorProbably won’t work on your pole barn…
Source: NREL
========== SOURCES ====================http://www.greentechmedia.com/articles/read/three-factors-driving-the-marriage-of-solar-and-energy-storage?utm_source=Daily&utm_medium=Headline&utm_campaign=GTMDaily1. The technology is there2. The economics can make sense3. Solar installers want storage -- if it pencils outWhat Energy Storage CEOs Are Thinking - http://www.greentechmedia.com/articles/read/what-energy-storage-ceos-are-thinking?utm_source=Daily&utm_medium=Headline&utm_campaign=GTMDaily1.) There is an increased focus on cost reduction. 2.) The future of Li-ion batteries is still bright. Power versus energy applications still dominate.4.) Direct regulatory and policy intervention is workable at the state level. 5.) Transitional business strategies are critical. Europe tops China as the most attractive international market. Multiple value streams are real. 10.) The probability of disruptive technologies is high. 11.) Project financing is starting to appear.
Charges vary by time and seasonKey rates to focus on are demand charges and kWhBest rate depends on your LOAD PROFILEWhat’s a load profile?
I’m glad you asked. A load profile is your energy intensity over time.
TRANSITION – Price/Policy: Paying less and creating wealthNet Energy Metering – permits you to shift distributed energy generation across timeVirtual Net Energy Metering / Meter Aggregation – allows you to shift distributed energy generation across geography
Source: Greentech Media “Net Metering Grows Some Muscles in California” 9/16/13
Single biggest driver for on-farm energy initiatives is the price you pay for utility energy.Energy economists refer to this as the “avoided cost” – represents important and sustainable savings stream… decrease in your NOE, increase in your NOI, and a proportional increase in your farm’s value.
Another big driver for energy projects is your state’s RPS. Others includeRebates & Grants (incl USDA)Public benefits funds for RenewablesSource - www.dsireusa.org
Tax Incentives can cover over 50% of a project’s cost over time… if you can monetize them.- ITC is most materialFederal & State depreciationState Tax CreditsSales & Property Tax Incentives (SBOE Ag Equipment)Financing availability also drives project investmentSource - www.dsireusa.org
With uncertainty comes risk, and with risk comes reward… for those who manage risk.There are a lot of angles to play so be deliberate
IRR = discount rate at which NPV = 0Source: Agriculture’s Value Equation: Farmland ValuesBy Sano Shimoda,Terry Jones | November 14, 2011http://www.croplife.com/management/state-of-the-industry/agricultures-value-equation-farmland-values/Tom Millhoff – sample project proforma
I’m not an appraiser but I know a little about project finance… and for the appraisers in the audience I have some opinions re: how you might value an existing or potential energy project.Source: Agriculture’s Value Equation: Farmland ValuesBy Sano Shimoda,Terry Jones | November 14, 2011http://www.croplife.com/management/state-of-the-industry/agricultures-value-equation-farmland-values/Tom Millhoff – sample project proformaPotential strategic shift in how farmland is valued. We believe there could be a fundamental shift in how mainstream agriculture values farmland, from a capitalization model to more sophisticated net present value methodology. Net present value models are mainstream financial valuation tools that discount an asset’s expected stream of future earnings. Simply, in the case of farmland, a net present value model for farmland, or for simplicity, a single farmland acre, would discount forecasted after-tax earnings generated over a 5- to 10-year time frame, based on estimated crop prices, production costs, as well as a range of discount rates, or cost of capital, expected in the future. Over the next two to three years, discount rates can be expected to rise, reflecting an increase in the interest rate for the 10-year U.S. treasury note from current 2.1% to at least 3.5% to 4.5% over the intermediate term.For example, a detailed corn profit model for the next five years for high productivity (180 to 200 bushels per acre) Iowa/Illinois farmland, excluding land costs, suggests that before-tax per acre profits could decline from an estimated $660 per acre in 2011 to $300 per acre in 2013 and then modestly increase to $325 to $425 per acre over the remaining years in this decade. Based on our forecasts and current interest rates, an acre of high productivity farmland is valued at $8,145 per acre. When interest rates rise to a more normal level of 3.5% to 4.5% over the intermediate term, the current farmland value of $8,145 per acre would be expected to decline to $4,255 to $5,235 per acre, which reflects a 35% to 45% decline.If farm profits deteriorate in line with our forecasts over the next one to two years, we would expect farmland values to initially be sticky on the downside. Many cash-rich farmers will likely continue to bid aggressively for farmland, under the expectation that any price declines are only temporary and do not reflect a secular deterioration. However, at some point over the next two to three years, when price declines start to accelerate, even cash rich farmers will capitulate. (We believe some farmers, who realize that current farmland values reflect “irrational exuberance”, are optimizing their farmland portfolio, and starting to build financial resources, to buy farmland when falling values become undervalued.)In our view cascading farmland price declines will be triggered by sales from two classes of “weak” holders. First, will be farmers that are forced to sell farmland due to overstretched finances as a result of significant profit declines. Second, will be investors, who are likely not prepared for capital losses in farmland values, especially if we are correct that there is a risk that farmland values could decline over an extended period from current peak levels.Also In This Series• Is Agriculture Facing A Bubble?• State Of Agriculture: Irrational Exuberance Or The New Normal?• Agriculture Faces The ‘Perfect Storm’• Market Myopia — The Power Of The Dark Side• Too Much Of A Good Thing Can Spoil Ag’s Party• About The AgInnovation AdvisorsFalling profits and farmland values create risks for ag dealers and the supply chain. Currently, ag dealers and the basic suppliers of inputs (ag chemicals, seed and fertilizers), machinery and services are benefitting from the mega profit levels generated in many sectors of agriculture, especially Midwest agriculture. However, based on our forecast for a dramatic decline in Midwest farm profits over the intermediate term, farm suppliers will be subject to significant downward price and competitive pressures, as well as volume declines. Downstream suppliers will also be subject to an expected growing risk of potential farm customer defaults.Additionally, while farmers’ general debt/equity positions are favorable and debt leverage positions are not considered excessive today, a substantial decline in profits and farmland values could expose some farmers and their creditors to significant working capital and farmland loan risks.
Price risk: 500kW PV project loses >$100,000 in positive NOI impact and $52,000 of NPV every year it is delayedThe best time to plant a tree is ten years ago.The second best time is now.
My colleague Amanda Holland and I will also be hosting a breakfast networking table tomorrow AM; if you have a specific project you’d like to explore I invite you to reach out to us after the presentation.