Billions of dollars in savings for customers. Arguments against the need for a national RES have been made in the past that this is a matter for state or regional self-determination. Introducing a Southeast regional competitive market that optimizes regional transmission and shares resources (key features of other RTOs) would save $384 billion dollars with approximately. Denver , CO , United States. 's biomass plants, Globe and Mail, March 25, 2009, http://www.theglobeandmail.com/servlet/story/RTGAM.20090325.wforestry0325/BNStory/National/. Today, coal is the most widely used fuel for electric power generation in the United States. Lets dive in to see what this Coal Cost Crossover analysis can tell us about coal plants in the Southeast. Renewable energy development is constrained by strong economic growth. Key findings - Southeast Asia Energy Outlook 2022 - Analysis - IEA U.S. Energy Information Administration - EIA - Independent Statistics non renewable resources in the southeast region The latest on SEEM, FERC, and the impact on renewable energy The coalition of Southern utilities petitioning to form a new market exchange has responded to a second deficiency letter from FERC. "It is very active." Comparing a competitive regional Southeast market through 2040 to a business-as-usual scenario based on existing monopoly utility Integrated Resource Plans reveals remarkable findings. A principal argument made by supporters of an RES is that it would provide benefits to the environmental goals. Companies that generate wind, geothermal, and "closed-loop" bioenergy (which is powered by dedicated energy crops) are eligible for the production tax credit, which provides a variable cent per kilowatt-hour benefit for the first years of a renewable energy facility's operation. See http://www.eia.doe.gov/cneaf/solar.renewables/page/landfillgas/landfillgas.html. See http://www.epa.gov/oms/renewablefuels/420f07062.htm. www.eenews.net, 202-628-6500. So basically using the savings from switching from coal to local solar to add storage to make the grid more resilient. The definition of which types of biomass are eligible under an RES would determine which resources, technologies and processes will be available to meet a possible federal RES mandate. Will Lithium Follow The Super-Cycle Of Mining? PO Box 21628 It conducted targeted engagement with key partners and provided opportunities for citizens and organizations to participate in shaping the economic investment component of the strategy. It is concerned that competition for biomass resources from new power generation facilities and from transportation fuel uses could drive up prices to the economic detriment of forest product companies. Different types of biomass have different procurement and collection costs, and transportation cost varies as a function of haul time and distance. After the municipal solid waste is sorted and separated, much of the remaining material is biogenic and can be prepared for burning in a steam boiler. http://www.eia.doe.gov/glossary/glossary_g.htm. has suggested that increasing the penetration of renewable . The Southern Alliance for Clean Energy (SACE) states: Biomass represents about two-thirds of the Southeast's near-term potential for expanding renewable energy. Biomass Resources: The Southeastern United States and the Renewable Electricity Standard Debate, Renewable Energy Resources in the Southeast, Forest-Based Resources: Wood Wastes and Black Liquor, Other Potential Sources of Biomass Energy, Landfill Gas and Municipal Solid Waste [Waste-to-Energy], Potential Biomass Use in the Southeast for RES Requirements, Summary of Barriers and Challenges to Greater Use of Biomass, Technological Challenges and Opportunities, http://www.eia.doe.gov/glossary/glossary_r.htm, http://www.eia.doe.gov/cneaf/alternate/page/renew_energy_consump/table1.html, http://www.eia.doe.gov/glossary/glossary_b.htm, http://americanhistory.si.edu/powering/past/history4.htm, http://www.eia.doe.gov/glossary/glossary_c.htm, http://www.ferc.gov/market-oversight/mkt-electric/overview/elec-ovr-rps.pdf, http://www.guardian.co.uk/business/2007/jul/23/germany.greenbusiness, http://www.ferc.gov/market-oversight/mkt-electric/overview/2009/03-2009-elec-ovr-archive.pdf#xml=http://search.atomz.com/search/pdfhelper.tk?sp_o=4,100000,0, http://www.dsireusa.org/glossary/glossary.cfm?CurrentPageID=8&EE=1&RE=1#con, http://tonto.eia.doe.gov/energy_in_brief/electricity.cfm, http://www.saferalliance.net/projects/bioenergy_roadmap.pdf, http://bioenergy.ornl.gov/pdfs/ornltm-2002199.pdf, http://www.fao.org/docrep/w7407e/W7407e05.htm, http://bioenergy.ornl.gov/faqs/index.html#overview4, http://www1.eere.energy.gov/femp/pdfs/fta_biomass_cofiring.pdf, ftp://ftp.fao.org/docrep/fao/010/a0701e/a0701e03.pdf, http://www.eia.doe.gov/cneaf/solar.renewables/page/landfillgas/landfillgas.html, http://wasteage.com/news/waste_epa_report_applauds/, http://www.eia.doe.gov/glossary/glossary_g.htm, http://www.recoveredenergy.com/d_plasma.html, http://www.technologyreview.com/Energy/21029/?a=f, http://www1.eere.energy.gov/ba/pba/pdfs/bio_overview.pdf, http://thehill.com/business--lobby/southern-co.-takes-aim-at-renewable-energy-bill-2007-05-08.html, http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/08-22-2008/0004871944&EDATE=, http://www.rechargenews.com/energy/biofuels/article171226.ece, http://www.pprc.info/html/millclosures.htm, http://www.theglobeandmail.com/servlet/story/RTGAM.20090325.wforestry0325/BNStory/National/, http://www.afandpa.org/Template.cfm?Section=Press_Releases1&template=/PressRelease/PressReleaseDisplay.cfm&PressReleaseID=936&PressReleaseCategoryID=10&ShowArchives=0, http://www.cepi.org/content/default.asp?pageid=10, http://www.epa.gov/oms/renewablefuels/420f07062.htm, http://www.harvestcleanenergy.org/enews/enews_0505/enews_0505_Cellulosic_Ethanol.htm, http://wood.tennessee.edu/NR/rdonlyres/70B5D4FC-FAAB-4DF3-A291-45E39CA5C99A/1310/EconomicAvailabilityofWoodyBiomass.pdf, http://www.esri.com/library/fliers/pdfs/measuringbiofuel.pdf, http://www.biomassmagazine.com/article.jsp?article_id=1975, http://energycommerce.house.gov/Press_111/20090226/testimony_gruenspecht.pdf. The Southeastern United States, one of the countrys only regions without a competitive wholesale electricity market, is dominated by monopoly utilities, which have favored expensive and polluting fossil fuel generation over cheap clean energy. Opinions expressed by Forbes Contributors are their own. corporations in a process that reflects the immediate and long-term needs and opportunities in the region. The analysis does not account for ripple effects of reduced electricity rates on consumer and business spending or the increased attractiveness of Southeastern states to the growing number of companies with 100% clean energy goals. Plans for increased use of waste wood from forests may require new forms of cooperation and coordination between forest products companies and biomass power generators to ensure access to the resource. This article contributes to the growing academic literature on ocean renewable energy (ORE) in SEA by improving understanding of the opportunities and challenges of ORE development in the region . Transitioning away from dirty fossil fuels is not just a question of fair competition for clean energy power providers, it's a matter of justice for communities disproportionately burdened by pollution. (Photo by Logan Cyrus for The Washington Post via Getty Images), 1.4-gigawatt coal-fired power plant located in Roane County, just outside Kingston, Tennessee. DOE/EIA has stated that biomass has the potential to be a large part of the national solution toward meeting a prospective RES.68 This is especially true for the southeastern region, at least in the initial years of compliance.69 The definition for biomass could be chosen to expand the resource beyond the supply of woody materials to include livestock wastes, municipal solid wastes, and/or other non-traditional resources. Introduced by Senators Udall and Udall on February 12, 2009. 796 (17)(E)]. The Golden Age For Liquefied Natural Gas (LNG). They contend there is a lack of wind or solar resources that can be delivered economically. Georgia Power Company, Georgia Power Seeks Approval for Coal Plant Conversion to Biomass, August 22, 2008, http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/08-22-2008/0004871944&EDATE=. JUNEAU, Alaska, March 31, 2022 The U.S. Department of Agriculture today announced 25 projects totaling nearly $9 million of investments that are to be funded through the Southeast Alaska Sustainability Strategy (SASS). Produced by biological processes of living organisms. http://www.ferc.gov/market-oversight/mkt-electric/overview/elec-ovr-rps.pdf. Unless some balancing mechanism is in place, such as the Bingaman discussion draft proposal to return federal penalties to those states with less renewable energy resources to specifically develop such resources, southeastern states and electric utilities fear that they will become net purchasers of RECs, which will result in a "transfer of wealth" to the sunny and wind-rich states of the Southwest and Midwest, respectively.21 Given the identified concerns over biomass supplies in the southeastern states and the pivotal role the region will likely have in a federal RES debate, issues in this region will be used as the focus of this report. North Carolina and South Carolina policymakers have the right idea by requiring regulators to investigate the benefits of establishing organized markets in these states. Identifying short- and long-term opportunities for investments that reflect the diverse opportunities and needs in the region. The Integrated Resource Plan (IRP) process, when done well, is the best tool the electricity sector has for comparing the utilitys overall system costs across different portfolio options. Federal government websites often end in .gov or .mil. Yes We Can: Southern Solutions for a National Renewable Energy Standard. CRS Report R40529, Biomass: Comparison of Definitions in Legislation, by Kelsi S. Bracmort and [author name scrubbed]. New research from Energy Innovation and Vibrant Clean Energy shows establishing a competitive wholesale electricity market across seven Southeastern states could save $384 billion and create more than 400,000 clean energy jobs, jump-starting an economy slowed by COVID-19 and dramatically reducing harmful air pollution. Optimal allocation method of energy storage for integrated renewable Aggressive customer cost savings, significant employment gains, and cleaner air for the first time, research demonstrates how much a competitive regional electricity market would benefit the Southeast U.S. To deliver these benefits for the people they serve, policymakers and regulators should immediately ramp up efforts to bring competition to a region that has for too long been beholden to monopolies at the exclusion of low-cost clean energy. February 23, 2009. "There have been at least three different proposals back and forth," Stupak said in a short interview yesterday. Juneau, AK 99802-1628 This team is locally based and will continue to consult with Tribal Nations and Alaska Native corporations and to engage with partners and municipal governments to continue to identify priorities and practical opportunities for investments of financial and technical assistance. Central Council of the Tlingit & Haida Indian Tribes of Alaska, Direct: 907.463.7368 | Email: communications@ccthita-nsn.gov. SCCO hWn0P !u{QE< lJeS=gl^ xngr*X"k"2:BFeJ9*ePUQ_g8[TMvvzb|yYdSlX6-Q7 4!IG97k%9 &Xh%~0N$Y{'(/>0F{9bAmi #Q3zC`#] Q;`d\1GHF'uN"VRd"eqG -Gb7m,Xd/>a)~yf}xw>y `6{R1gL+S!A!{c[=yH . The definition of what constitutes biomass has varied over time with changes in law and regulations, reflecting policy goals and evolution of potential uses. This exciting new partnership will allow us to bring even more conservation benefits to southeast communities that address food security and local agricultural production.. 2023 Scientific American, a Division of Springer Nature America, Inc. The development of renewable energy projects in the region is an expensive bill for most Southeast Asian countries to foot. Rep. Bart Stupak (D-Mich.) called the RES a "moving target." U.S. Electricity Grid & Markets | US EPA - U.S. Environmental What are renewable resources in the Southeast? Sustainable management of southeastern woody biomass supplies could help to meet any RES target. To this effect, IRENA and the ASEAN Centre for Energy find that $290 billion of . USDA applauds the success of the economic investment portion of the Southeast Alaska Sustainability Strategy and credits the many partners who have come together in the spirit of community, culture, conservation, and commerce. Nepal has achieved 78 per cent of energy access, while Bangladesh achieved 95 per cent of energy access. Lignin is the "glue-like" substance which holds woody plant fibers together. Southeast Renewable Energy Summit | McGuireWoods Introducing a Southeast regional competitive market that optimizes regional transmission and shares resources (key features of other RTOs) would save $384 billion dollars with approximately $17.4 billion average yearly savings through 2040 - 23% lower electricity costs compared to today. Meanwhile, broad public engagement, in the form of a 30-day public outreach period, was held in mid-September through mid-October with several of platforms offered for additional engagement. Sustainable management of forest resources is a basic consideration. National Museum of American History, The Public Utility Regulatory Policies Act - Government Involvement to Remedy Energy Crisis: PURPA, http://americanhistory.si.edu/powering/past/history4.htm. Picking up where federal research and development dollars left off, states are using the concept of a Renewable Portfolio Standard8 (RPS) to create a market for renewable energy via mandatory goals. The legislation also calls for building 450 megawatts of renewable capacity in the county to help replace lost tax revenue from closing coal operations. How To Disband Faction Hoi4 Console, Eclife Gaming Chair Parts, Paano Mapapahalagahan Ang Mga Kontribusyon Ng Sinaunang Kabihasnan, How Much Was 400 Rubles Worth In 1986, Articles R