EIA: Wind even more valuable for utilities as when Clean Power Plan is in effect

Michael Goggin, Senior Director of Research for the American Wind Energy Association (AWEA) will discuss AWEA’s new report showing low-cost, zero-emission wind energy will become even more valuable as states and utilities develop plans to cost-effectively reduce carbon pollution to comply with EPA’s Clean Power Plan (CPP).

The following events are open to coverage, and free, for accredited journalists with news media outlets:

What: Press webinar briefing announcing brand new AWEA analysis using recently released EIA data

Who: Michael Goggin, Senior Director, Research, AWEA
Tom Vinson, Vice President, Federal Regulatory Affairs, AWEA

When: Wednesday, July 8, 2015 from 2:15-3:00 p.m. Eastern

Where: Please register here: https://attendee.gotowebinar.com/register/1902281927553295874 After registering, you will receive a confirmation email containing information about joining the webinar.

Michael Goggin, Senior Director of Research for the American Wind Energy Association (AWEA) will discuss AWEA’s new report showing low-cost, zero-emission wind energy will become even more valuable as states and utilities develop plans to cost-effectively reduce carbon pollution to comply with EPA’s Clean Power Plan (CPP).

The report examines the surprising national and regional results of new economic analysis from the Energy Information Administration (EIA), a nonpartisan branch of the Department of Energy (DOE). Wind energy comprises more than half of the lowest-cost CPP compliance mix in nearly every scenario examined by EIA, with significant wind deployment in nearly all regions. EIA’s results also show that zero-emission wind energy provides valuable flexibility for states to comply with the CPP, relative to resources that have some emissions and therefore would require the displacement of far more existing generation to achieve the same carbon reduction target.

Goggin will also explain how EIA’s analysis sees a large role for wind across more than a dozen different scenarios. As a result, states and utilities should look to wind energy as a “no-regrets” option that will be valuable under any scenario for unexpected market changes, creating further impetus for states and grid operators to begin planning now for policies and infrastructure to connect cost-effective wind resources.

According to Wind Vision, a new Department of Energy report released in early 2015, wind could double from today’s amount to reliably supply 10 percent of the nation’s electricity demand by 2020, 20 percent by 2030 and 35 percent by 2050.
 

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The Clarion Energy Content Team is made up of editors from various publications, including POWERGRID International, Power Engineering, Renewable Energy World, Hydro Review, Smart Energy International, and Power Engineering International. Contact the content lead for this publication at Jennifer.Runyon@ClarionEvents.com.

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