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© 2019 Electric Power Research Institute, Inc. All rights reserved.w w w . e p r i . c o m
Jeff Thomas
Senior Technical Leader, EPRI
Jessica Fox
Sr. Technical Executive, EPRI
Soil & Water Conservation Society Annual Conference
Conservation Innovation Grants Showcase
July 29th, 2019
Ohio River Basin
Water Quality Trading
Project
© 2019 Electric Power Research Institute, Inc. All rights reserved.w w w . e p r i . c o m2
Project Collaborators & Advisory Groups
Organizations:
 Electric Power Research Institute
 American Farmland Trust
 Ohio Farm Bureau Federation
 ORSANCO
 Tennessee Valley Authority
 American Electric Power
 Hoosier Energy
 Duke Energy
States:
 Ohio
 Indiana
 Kentucky
Agencies:
 USEPA
 USDA
External Advisory Groups:
Electric Power Industry
Environmental Groups
Municipal Wastewater Treatment Plants
Agriculture
© 2019 Electric Power Research Institute, Inc. All rights reserved.w w w . e p r i . c o m3
EPRI’s Unique Role in Addressing Nutrient Pollution
Independent
Objective, scientifically based
results address reliability,
efficiency, affordability, health,
safety and the environment
Nonprofit
Chartered to serve the public
benefit
Collaborative
Bring together scientists,
engineers, academic
researchers, industry experts
Independent
Collaborative
Nonprofit
© 2019 Electric Power Research Institute, Inc. All rights reserved.w w w . e p r i . c o m4
Ohio River Basin Water Quality Trading Project Timeline
2007 - 2015
 2007 – Initial efforts begin
 2012 – OH, IN, & KY sign the trading plan
 2014 – 1st transactions
 2015 – Project team wins US Water Prize
© 2019 Electric Power Research Institute, Inc. All rights reserved.w w w . e p r i . c o m5
Components: Credit Tracking Process
© 2019 Electric Power Research Institute, Inc. All rights reserved.w w w . e p r i . c o m6
Components: Credit Trading Registry
© 2019 Electric Power Research Institute, Inc. All rights reserved.w w w . e p r i . c o m7
Components: Calibrated Watershed Models (WARMF)
EPRI REPORT:
3002011868
Nov 2017
© 2019 Electric Power Research Institute, Inc. All rights reserved.w w w . e p r i . c o m8
2017 - $1.5 M: US Endowment of Forestry and Communities
EPRI Team will:
 Fund landowners in OH, IN, KY for
Forestry-focused projects.
 Conduct science/modeling to quantify
WQT credits from Forests.
 Register WQT credits in the name of US
Endowment for sale.
 Demonstrate landowner benefits to
maintain forests.
© 2019 Electric Power Research Institute, Inc. All rights reserved.w w w . e p r i . c o m9
Keller AA & Fox J (2019) Giving
credit to reforestation for water
quality benefits.
PLoS ONE 14(6): e0217756.
© 2019 Electric Power Research Institute, Inc. All rights reserved.w w w . e p r i . c o m10
University of Connecticut Collaboration
Dr. Pengfei Liu and Professor Stephen Swallow
NEXT: 3 year USDA grant to apply
lessons from EPRI WQT Project to
informing willingness to pay for
ecosystem services.
“Our results suggest the
presence of cobenefits can
significantly increase
individuals’ willingness to pay
for a water quality credit.”
© 2019 Electric Power Research Institute, Inc. All rights reserved.w w w . e p r i . c o m11
Credits in Ohio River Basin Water Quality Trading Project Go International!
2019
© 2019 Electric Power Research Institute, Inc. All rights reserved.w w w . e p r i . c o m12
Together…Shaping the Future of Electricity
http://wqt.epri.com
Jeff Thomas
jthomas@epri.com
859-609-3651
© 2019 Electric Power Research Institute, Inc. All rights reserved.w w w . e p r i . c o m13
APPENDIX
© 2019 Electric Power Research Institute, Inc. All rights reserved.w w w . e p r i . c o m14
Communications
Twitter Results:
 Impressions: 43,862
 Media Views: 1066
 Media Engagements: 94
 Likes: 91
National Public Radio Spot – 2016-2017
© 2019 Electric Power Research Institute, Inc. All rights reserved.w w w . e p r i . c o m15
From the Field: Candid Comments from our Farmers
“My grandpa used to catch catfish in the area. The only thing I’ve
seen was a little minnow. I know that someday I’m not gonna be
here and somebody else will deal with whatever I leave them. This is
a much better way to leave my legacy than some people in the past
have done.”
© 2019 Electric Power Research Institute, Inc. All rights reserved.w w w . e p r i . c o m16
A Few National WQT Resources
 National Network on Water Quality Trading
– http://nnwqt.org/
 National Alliance on Water Quality Trading
– http://www.wqtalliance.com/
 Water Environment Federation Book

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July 30-1100-CIG-Jessica Fox

  • 1. © 2019 Electric Power Research Institute, Inc. All rights reserved.w w w . e p r i . c o m Jeff Thomas Senior Technical Leader, EPRI Jessica Fox Sr. Technical Executive, EPRI Soil & Water Conservation Society Annual Conference Conservation Innovation Grants Showcase July 29th, 2019 Ohio River Basin Water Quality Trading Project
  • 2. © 2019 Electric Power Research Institute, Inc. All rights reserved.w w w . e p r i . c o m2 Project Collaborators & Advisory Groups Organizations:  Electric Power Research Institute  American Farmland Trust  Ohio Farm Bureau Federation  ORSANCO  Tennessee Valley Authority  American Electric Power  Hoosier Energy  Duke Energy States:  Ohio  Indiana  Kentucky Agencies:  USEPA  USDA External Advisory Groups: Electric Power Industry Environmental Groups Municipal Wastewater Treatment Plants Agriculture
  • 3. © 2019 Electric Power Research Institute, Inc. All rights reserved.w w w . e p r i . c o m3 EPRI’s Unique Role in Addressing Nutrient Pollution Independent Objective, scientifically based results address reliability, efficiency, affordability, health, safety and the environment Nonprofit Chartered to serve the public benefit Collaborative Bring together scientists, engineers, academic researchers, industry experts Independent Collaborative Nonprofit
  • 4. © 2019 Electric Power Research Institute, Inc. All rights reserved.w w w . e p r i . c o m4 Ohio River Basin Water Quality Trading Project Timeline 2007 - 2015  2007 – Initial efforts begin  2012 – OH, IN, & KY sign the trading plan  2014 – 1st transactions  2015 – Project team wins US Water Prize
  • 5. © 2019 Electric Power Research Institute, Inc. All rights reserved.w w w . e p r i . c o m5 Components: Credit Tracking Process
  • 6. © 2019 Electric Power Research Institute, Inc. All rights reserved.w w w . e p r i . c o m6 Components: Credit Trading Registry
  • 7. © 2019 Electric Power Research Institute, Inc. All rights reserved.w w w . e p r i . c o m7 Components: Calibrated Watershed Models (WARMF) EPRI REPORT: 3002011868 Nov 2017
  • 8. © 2019 Electric Power Research Institute, Inc. All rights reserved.w w w . e p r i . c o m8 2017 - $1.5 M: US Endowment of Forestry and Communities EPRI Team will:  Fund landowners in OH, IN, KY for Forestry-focused projects.  Conduct science/modeling to quantify WQT credits from Forests.  Register WQT credits in the name of US Endowment for sale.  Demonstrate landowner benefits to maintain forests.
  • 9. © 2019 Electric Power Research Institute, Inc. All rights reserved.w w w . e p r i . c o m9 Keller AA & Fox J (2019) Giving credit to reforestation for water quality benefits. PLoS ONE 14(6): e0217756.
  • 10. © 2019 Electric Power Research Institute, Inc. All rights reserved.w w w . e p r i . c o m10 University of Connecticut Collaboration Dr. Pengfei Liu and Professor Stephen Swallow NEXT: 3 year USDA grant to apply lessons from EPRI WQT Project to informing willingness to pay for ecosystem services. “Our results suggest the presence of cobenefits can significantly increase individuals’ willingness to pay for a water quality credit.”
  • 11. © 2019 Electric Power Research Institute, Inc. All rights reserved.w w w . e p r i . c o m11 Credits in Ohio River Basin Water Quality Trading Project Go International! 2019
  • 12. © 2019 Electric Power Research Institute, Inc. All rights reserved.w w w . e p r i . c o m12 Together…Shaping the Future of Electricity http://wqt.epri.com Jeff Thomas jthomas@epri.com 859-609-3651
  • 13. © 2019 Electric Power Research Institute, Inc. All rights reserved.w w w . e p r i . c o m13 APPENDIX
  • 14. © 2019 Electric Power Research Institute, Inc. All rights reserved.w w w . e p r i . c o m14 Communications Twitter Results:  Impressions: 43,862  Media Views: 1066  Media Engagements: 94  Likes: 91 National Public Radio Spot – 2016-2017
  • 15. © 2019 Electric Power Research Institute, Inc. All rights reserved.w w w . e p r i . c o m15 From the Field: Candid Comments from our Farmers “My grandpa used to catch catfish in the area. The only thing I’ve seen was a little minnow. I know that someday I’m not gonna be here and somebody else will deal with whatever I leave them. This is a much better way to leave my legacy than some people in the past have done.”
  • 16. © 2019 Electric Power Research Institute, Inc. All rights reserved.w w w . e p r i . c o m16 A Few National WQT Resources  National Network on Water Quality Trading – http://nnwqt.org/  National Alliance on Water Quality Trading – http://www.wqtalliance.com/  Water Environment Federation Book