Comments - Stimulus IV: Last Chance for the Green New Deal? - Citizens' Task Force on Wind Power - Maine
2024-03-29T10:33:18Z
https://www.windtaskforce.org/profiles/comment/feed?attachedTo=4401701%3ABlogPost%3A184704&xn_auth=no
Here is some organized plunde…
tag:www.windtaskforce.org,2020-04-04:4401701:Comment:184707
2020-04-04T15:44:14.220Z
Willem Post
https://www.windtaskforce.org/profile/WillemPost942
<p>Here is some organized plunder and subsidy chasing regarding air source heat pumps in energy hog house in Vermont.</p>
<p>This also applies to NH and ME</p>
<p></p>
<p><strong>ENERGY ACTION NETWORK REPORT TO REDUCE CO2 IN VERMONT</strong></p>
<p><a href="http://www.windtaskforce.org/profiles/blogs/response-to-energy-action-report-2019-to-reduce-co2-in-vermont">http://www.windtaskforce.org/profiles/blogs/response-to-energy-action-report-2019-to-reduce-co2-in-vermont</a></p>
<p> </p>
<p>Energy…</p>
<p>Here is some organized plunder and subsidy chasing regarding air source heat pumps in energy hog house in Vermont.</p>
<p>This also applies to NH and ME</p>
<p></p>
<p><strong>ENERGY ACTION NETWORK REPORT TO REDUCE CO2 IN VERMONT</strong></p>
<p><a href="http://www.windtaskforce.org/profiles/blogs/response-to-energy-action-report-2019-to-reduce-co2-in-vermont">http://www.windtaskforce.org/profiles/blogs/response-to-energy-action-report-2019-to-reduce-co2-in-vermont</a></p>
<p> </p>
<p>Energy Action Network, an umbrella organization supported by RE entities, claims there would be <strong>$800 million in energy cost savings/y</strong>, if its recommendations to reduce CO2 by 2.281 million metric ton to meet the Paris Agreement were implemented by 2025. See page 4 of EAN URL</p>
<p><a href="https://www.eanvt.org/wp-content/uploads/2020/03/EAN-report-2020-final.pdf">https://www.eanvt.org/wp-content/uploads/2020/03/EAN-report-2020-final.pdf</a></p>
<p> </p>
<p>The measures are a multi-billion-dollar wish list of EAN members with a cost well over <strong>$15.536 billion during 2020 – 2025, about $3.107 billion/y. </strong>EAN members want these heavily subsidized measures, because it is good for RE businesses.</p>
<p> </p>
<p>It took about 20 years (2000 – 2020) to achieve the <strong>existing conditions</strong> by spending about <strong>$210 million/y</strong>, including Efficiency Vermont. The level of <strong>annual</strong> spending to achieve Paris would be at least <strong>10 times greater.</strong></p>
<p> </p>
<p>These measures would be major burdens on the Vermont people, businesses, ratepayers, taxpayers, etc., in addition to Vermont being in the middle of a major recession, with decreasing tax collections by state government (room & meals, sales, income, gasoline, etc.), due to the <strong>coronavirus</strong>.</p>
<p></p>
<p>All I see is:</p>
<p> </p>
<p>- Costs of $15.536 billion during 2020 – 2025, about $3.107 billion/y</p>
<p>- CO2 reduction less than stated in the EAN report</p>
<p>- More wind, solar, hydro, etc., which need subsidies to build, plus Standard Offer/Net-metering subsidies to operate, increasing the average price/kWh of the Vermont electricity mix.</p>
<p>- Amortizing the cost of the short-life assets, at 3.5% over 15 years, would require annual payments of $1.333 billion, or $1.081 billion over 20 years, more than offsetting the $800 million/y <strong>energy</strong> cost savings.</p>
<p><a href="http://www.windtaskforce.org/profiles/blogs/cost-shifting-is-the-name-of-the-game-regarding-wind-and-solar">http://www.windtaskforce.org/profiles/blogs/cost-shifting-is-the-name-of-the-game-regarding-wind-and-solar</a></p>
<p><a href="https://www.myamortizationchart.com/">https://www.myamortizationchart.com</a></p>
<p></p>
<table>
<tbody><tr><td><p><strong>Table <span style="font-size: 8pt;">7/Status</span></strong></p>
</td>
<td><p style="text-align: right;"><span style="font-size: 8pt;"> Displ. Fuel</span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;">Fuel cost</span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;"> Elect. Cost</span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;">Energy cost</span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;"> Amort.</span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;">Total</span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;">Min. Loss</span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;">CO2</span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;">CO2</span></p>
</td>
<td><p style="text-align: right;"><span style="font-size: 8pt;">CO2</span></p>
</td>
</tr>
<tr><td></td>
<td></td>
<td><p style="text-align: right;"><span style="font-size: 8pt;">$2.75/gal</span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;">$0.19/kWh</span></p>
</td>
<td style="text-align: right;"></td>
<td style="text-align: right;"><p><span style="font-size: 8pt;">5%/y, 15y</span></p>
</td>
<td style="text-align: right;"></td>
<td style="text-align: right;"></td>
<td style="text-align: right;"></td>
<td style="text-align: right;"><p><span style="font-size: 8pt;">Reduction</span></p>
</td>
<td><p style="text-align: right;"><span style="font-size: 8pt;">Reduction</span></p>
</td>
</tr>
<tr><td></td>
<td><p style="text-align: right;"><span style="font-size: 8pt;">%</span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;">$/y</span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;">$/y</span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;">$/y</span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;">$/y</span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;">$/y</span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;">$/y</span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;">Mt/y</span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;">Mt/y</span></p>
</td>
<td><p style="text-align: right;"><span style="font-size: 8pt;">%</span></p>
</td>
</tr>
<tr><td></td>
<td><p style="text-align: right;"><span style="font-size: 8pt;">0</span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;">2,455</span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;">0</span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;">2,455</span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;">0</span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;">2,455</span></p>
</td>
<td style="text-align: right;"></td>
<td><p style="text-align: right;"><span style="font-size: 8pt;">11.390</span></p>
</td>
<td></td>
<td></td>
</tr>
<tr><td><p><span style="font-size: 8pt;">CADMUS</span></p>
</td>
<td><p style="text-align: right;"><span style="font-size: 8pt;">27.6</span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;">1,779</span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;">469</span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;">2,248</span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;">427</span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;">2,675</span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;"><strong>220</strong></span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;">9.130</span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;">2.260</span></p>
</td>
<td><p style="text-align: right;"><span style="font-size: 8pt;"><strong>19.8</strong></span></p>
</td>
</tr>
<tr><td><p><span style="font-size: 8pt;">EAN</span></p>
</td>
<td><p style="text-align: right;"><span style="font-size: 8pt;">58.5</span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;">1,100</span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;">1153</span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;">2,017</span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;">949</span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;">2,966</span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;"><strong>665</strong></span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;">6.885</span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;">4.505</span></p>
</td>
<td><p style="text-align: right;"><span style="font-size: 8pt;"><strong>39.6</strong></span></p>
</td>
</tr>
<tr><td></td>
<td><p style="text-align: right;"><span style="font-size: 8pt;">100.0</span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;">0</span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;">2,277</span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;">2,277</span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;">1,898</span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;">4,175</span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;"><strong>1,719</strong></span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;">4.262</span></p>
</td>
<td style="text-align: right;"><p><span style="font-size: 8pt;">7.128</span></p>
</td>
<td><p style="text-align: right;"><span style="font-size: 8pt;"><strong>62.6</strong></span></p>
</td>
</tr>
</tbody>
</table>