Etan Gumerman

Duke University

March 8, 2012

Southeastern Coastal Wind Conference

Energy Efficiency and Renewable Energy in the South

Utility-Scale Renewables Customer-Owned Renewables

Sciencedirect.com

http://nicholasinstitute.duke.edu/climate/myths-and-facts-about-electricity-in-the-u.s.-south

Senator Jeff Sessions: Federal RES means consumers “… are going to have to pay a lot more.”

Number Utility IRPs: Have stated Renewable Energy will come with a cost premium.

0

2

4

6

8

10

12

2020 2030

Ave

rag

e E

lec

Pri

ce (

c/k

Wh

)

Reference

RES

RE

Senator Graham (2009): so Nuclear should be added to a Renewable Standard bill.

Existing Gen. Capital $ << New Gen. Capital $

How will Costs of Coastal Wind Compare to Other Generation Options in the Future

Which Policies would help Wind to Market and should they be Pursued?

When do Indirect Benefits tip the Balance?

When is the Right Time to Move?

Thank You

http://nicholasinstitute.duke.edu/

Etan.Gumerman@duke.edu

EXTRA

-600

-400

-200

0

200

400

600

Reference RE EERE+CCF

Net Generation 2030 beyond 2010 installed in the South (Billion kWh)

Renewables

Petroleum

Nuclear

Natural Gas

Coal

374 bill kwh 432 bill kwh

35 bill kwh

EERE+CCF