renewable resources in the southeast region

So basically using the savings from switching from coal to local solar to add storage to make the grid more resilient. Invest Trillions Today to Keep Climate Change at Bay: IEA, Impacts of Global Biofuel Boom Remain Murky, The Other Peak Oil: Demand from Developed World Falling. They have also been critical to integrating variable renewable energy wind and solar and capitalizing on resource diversity over larger geographical areas. Competition in these markets has reduced wholesale energy costs while creating an entry point for low-cost renewable energy to provide power to the grid. Approximately 53% of all renewable energy comes from biomass sources, represented by biofuels, landfill gas, municipal solid waste, wood and wood-derived fuels, and other biomass feedstocks. Infrastructure total commitment of $3.125 million, which includes about $1.5 million for five projects announced today. "The Economic Availability of Biomass in the Southeastern United States," by T. Young, D. Ostermeier, J. Thomas, R. Brooks. The Production Tax Credit13 and the Investment Tax Credit14 have been used by the federal government to support renewable energy.15 Recent consideration has also been given to implementing a federal "Feed-in Tariff" (FIT) law. Of these plants included in the analysis, both local and regional solar resources are less expensive than all of the coal plants analyzed. Competitive wholesale electricity markets, or Regional Transmission Operators (RTOs) and Independent System Operators (ISOs), are public-benefit corporations serving 70% of U.S. electricity customers that arose from electricity restructuring during the late 1990s-early 2000s to cut costs and encourage innovation. See http://www.pnl.gov/aisu/pubs/14660.pdf. The American Renewable Energy Act, H.R. For the purposes of this discussion, southeastern states include Alabama, Georgia, Florida, Mississippi, North Carolina, South Carolina, Tennessee, and Virginia. Inorganic wastes are reduced to low volume, inert solids.41 The technology is being used commercially in several installations around the world, with the first U.S. facility scheduled to be operational in 2011.42, A potential national renewable electricity standard would rely on biomass as one of the nation's most widely available resources that could be used to meet requirements.43 With many states already moving forward on advancing renewable energy goals, the acceptability of an RES may come down to regional views on the availability and suitability of renewable energy resources for meeting RES requirements. Incremental progress may be on the horizon. Spruce Roots mission is to drive a regenerative economy across Southeast Alaska so communities can forge futures grounded in this uniquely Indigenous place, said Alana Peterson, Executive Director for Spruce Root. Using them. Listening to the importance of the sustainability strategy to local communities, learning about southeast Alaska culture, and meeting Tribal members and partners is an honor for me, said Under Secretary for Natural Resources and Environment Dr. Homer Wilkes. The Responsible Energy Initiative is seeking funding partners to deliver the outcomes across the Southeast Asia region. 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. New report argues that even the Southeast can get a significant amount of electricity from renewable resources. 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. Despite being "green" resources, renewable energy installations are not without aesthetic or environmental challenges of their own. If biomass from forest residues and forest product industry wastes do not prove sufficient to meet RES goals, new resources such as dedicated bioenergy crops or other biomass resources, such as municipal solid waste, may need to be used. "We have to keep our eyes on the prize and actually achieve something," Inslee said. 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. "These policymakers this year are. Tom Darin Liskey, Georgia Power seeks to convert coal plant to biomass, ReCharge News, February 3, 2009, http://www.rechargenews.com/energy/biofuels/article171226.ece. Energy Innovation included 37 coal plants from Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina, and Tennessee for a total of just over 53 GW of coal capacity. For more on Fischer-Tropsch technologies, see CRS Report RL34133, Fischer-Tropsch Fuels from Coal, Natural Gas, and Biomass: Background and Policy, by [author name scrubbed] and [author name scrubbed]. Thus, owing to the above points, Vietnam is expected to dominate the renewable energy market in the region during the forecast period. The definition of what constitutes biomass has varied over time with changes in law and regulations, reflecting policy goals and evolution of potential uses. A market was created for firms outside of the electric utility industry with a preference or opportunity for producing energy from alternative fuels, especially for qualifying small power facilities that could use biomass, waste, or other renewable resources (including wind, solar energy, and water).6 Investments and advances in combustion turbine technology preceded the growth of cogeneration.7 Nowadays, combined heat and power turbine-generator sets are a mainstay of several industries and industrial applications. Southeastern Region Report - American Council on Renewable Energy Collaborated with Thailands Office of the Energy Regulatory Commission to develop regulations and technical standards to ensure the safety and performance of battery energy storage systems. Alaska Project Supports President Bidens Energy Goals, Baytex/Ranger Oil Combination First Of Its Kind In Almost A Year, International Energy Week Is A Lesson In Cognitive Dissonance. 2023 Scientific American, a Division of Springer Nature America, Inc. 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 . 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 . Renewable and nonrenewable resources are energy sources that human society uses to function on a daily basis. Under RES proposals, most producers of renewable electricity will receive renewable energy credits or certificates to prove that a certain amount of renewable electricity was produced (usually 1 Megawatt-hour). 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. Denver , CO , United States. The investments in the three regional strengthening agreements are a critical component of the full $25 million commitment, now fulfilled, which is part of USDAs promise to serve the broader economy of Southeast Alaska and continue to be part of an inclusive, responsive partnership that complements existing efforts toward practical, common-sense solutions. Concerns over the potential impacts of a federal RES seem to revolve largely around the issue of whether, nationwide, sufficient renewable energy resources exist and are economically viable. Dave SjodingRenewable Resources Specialist925 Plum Street S.E., Bldg 3P.O. Goals for biofuels production to meet a Renewable Fuels Standard (RFS) may also mean that increased amounts of biomass would be dedicated to that use. endstream endobj 212 0 obj <>stream Engaging in meaningful consultation with Tribal Nations. It is an exciting step forward and an example of what we can do when we listen to the needs of our people and work together to bring sustainability projects to our Southeast Alaska communities. See http://energycommerce.house.gov/Press_111/20090226/testimony_gruenspecht.pdf. Feed-in Tariffs are incentive structures for generating renewable electricity usually at above-market rates for a set number of years, reducing the payback period and adding certainty to the return on the investment. This is a BETA experience. 890, S. 433). Proposing to restore the 2001 Roadless Rule protections. Southeast Asia used construction equipment market is expected to reach a value of $1,470 billion in 2029 from $1,012 million in 2022, growing at a CAGR of approximately 5.48% The Earthmoving. Federal funding from recent and proposed legislation, like the Great America Outdoors Act, the Bipartisan Infrastructure Deal, and other agency appropriations, can likely fund many of the investment ideas that were not quite ready for short-term support. State governments have generally led the way in deploying other renewable energy technologies. http://www.fao.org/docrep/w7407e/W7407e05.htm. It also includes a proposal to restore the 2001 Roadless Rule protections on the Tongass and to engage in meaningful consultations with Tribal Nations and Alaska Native corporations. 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. Join us for three days to advance your understanding of new policy and opportunities that will equip your business with the necessary skills to compete in the ever-developing industry. 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. The needs of other, possibly competing, uses for biomass are considerations if biomass resources are to be sustained while meeting projected uses. Methane is the primary component of natural gas which is used in cooking, heating, chemicals production, and electric power generation. Retrieved from Raysonho . The OneUSDA team recommends distributing the initial $25 million investment into four broad categories: Tribal and Indigenous Interests - $12.5 million (50%) Natural Resources - $6.25 million (25%) Infrastructure - $3.125 million (12.5%) Actual job growth may actually be even higher when factoring in better regional competitiveness. Research and development initiatives may well increase the efficiency of biomass power generation, making it possible to increase power output from less biomass feedstock. 26 These definitions have varied over time with changes in the law and regulations, reflecting policy goals and technological change. The production tax credit is an incentive to business developers of renewable energy projects producing electricity whereby a developer can apply for a credit against taxes for each kilowatt-hour of renewable energy produced. A clean electricity standard would ensure aspirational goals set by utilities are realized, while market reform would help ensure this happens at least cost. 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. As a result, developing a large green power project in a traditionally regulated state and claiming renewable energy use can often be challenging.