Campus Power: Tapping Local Energy Toward a Sustainable Future
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This document discusses the growth of renewable energy, particularly wind and solar power, in Minnesota from 1999-2012 and projections out to 2022. It notes that locally owned renewable energy could have a total economic impact of $20 billion and return on investment of 10-11%. Charts show rising electricity prices but falling costs of solar that may make it cheaper than utility prices for millions of homes and businesses within 10 years. A map shows the potential for distributed solar across Minnesota counties to meet 1-10% or more of retail electric sales by 2022.
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Campus Power: Tapping Local Energy Toward a Sustainable Future
- 1. CAMPUS POWER Tapping local energy toward a sustainable future
- 2. CHEAPNESS
- 3. RESOURC-ISM
- 4. SILENCE
- 5. STORIES
- 6. $20 billion
- 7. Locally Owned Renewable Energy Total Economic Impact
- 10. 10-11% ROI
- 11. Utility Electricity Sales 1950-2040
- 13. Installed Wind Power 70,000 Megawatts 52,500 35,000 17,500 0 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
- 14. Installed Solar Power 8,000 Megawatts 6,000 4,000 2,000 0 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
- 15. Rapidly Rising Average Retail Electricity Prices in Minnesota 12¢ 9¢ 6¢ 3¢ 0¢ 2000 Residential (c/kWh) Commercial (c/kWh) Industrial (c/kWh) 2002 2004 ¢ per kilowatt-hour 2006 2008 2010 2012
- 16. Projected Average Cost of Solar in Minnesota $0.18 $0.14 $0.09 $0.05 Average Solar Electricity Cost Average Solar Cost with Federal Tax Credit Residential Retail Electricity Price Commercial Retail Electricity Price $0.00 2014 2016 2018 2020 2022 2024
- 18. Within 10 years Solar Could Power Millions of Homes and Businesses ...at a lower price than electricity from the utility 38 million 21 million 3 million 2012 2017 2022
- 19. Distributed Solar Potential at Parity with Utility Prices (megawatts of residential and commercial solar) 360 1200 2600 1100 800 2400 26,000 1400 7300 580 1800 4100 5000 32,000 590 750 700 20 4400 7200 970 2300 4800 2022 1140 11,000 2900 12,000 780 11,000 72001800 5500 10,000 5100 11,000 19008200 6800 3600 12,000 11,000 2800 7000 7100 5100 8500 16,000 Percent of Sales 1-5% 5-10% 10% or more 4000 30,000 990
- 24. If God had wanted us to live sustainably, she’d have given us brains
- 25. Thank ou