What is the U.S. renewable energy and energy efficiency look like? What will it look like in the coming years? These slides are from a presentation at the U.S. - Korea Roundtable in May 2013

1. Renewable Energy and
Energy Efficiency in the
United States
U.S. - Korea Roundtable  May 15, 2013
Roger S. Ballentine
President
Green Strategies, Inc.

2. Overview: Renewable Energy
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3. 3
Source: Bloomberg New Energy Finance
Overview: Renewable Energy
Projected Annual Value of Installed Renewable
Energy Worldwide ($bn)

4. 4Source: EIA Annual Energy Outlook 2013
Overview: Energy Efficiency

5. Policy
Renewable Energy
• States with some sort of
RPS
• Federal Policy:
– Tax incentives (PTC/ITC)
– R&D
– Federal Purchasing
Preferences
– Funding to states for clean
energy
– Dept. of Defense
• Other - (Fossil regs)
Energy Efficiency
• State utilities will spend $6.5 -
$15.6 billion by 2025 (Lawrence
Berkley National Laboratory)
– EERS (next slide)
– Utility IRP requirements
– Estimate of market size
• Federal:
– E
– Federal facilities/ESPCs
– Current Legislation: Shaheen-
Portman
– CAFE
• Minimum efficiency standards
• Other
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6. 6

7. 7

8. Cost of Solar
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9. Trends & Challenges: Renewable Energy
Challenges
• State backlash?
• Grid integration and
transmission
• Natural Gas
• “soft” costs
• Subsidy uncertainty
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Trends
• Technology prices coming
down/tech improving
(commoditization changing
solar)
• New business models
(PPAs/third party
leases/crowdfunding/better
data and securitization)
• Shifting investment from
technologies to businesses
• State and local support
• Hydro back?

10. Trends & Challenges: Energy Efficiency
Trends
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• Innovative financing tools
• Breakdown of utility disincentives
• IT
• En
– Proof of innovation models
– Equated w/ quality
• CAFE
– Proof of innovation models
• Long term risk seen in energy
supply/cost
• Technology Development
Challenges
• Information-based market
failure
• Split incentives and other
inefficiencies
• Corporate/analyst bias against
“invisible” bottom line benefits
• Corporate and consumer bias
against future savings
• Standard utility revenue model
• Natural gas

11. Thank you!
Roger S. Ballentine, President
Green Strategies, Inc.
Business Sustainability Consulting
roger@greenstrategies.com
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