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Policy Matters: Maine Promotes Ocean Energy

Policy Matters: Maine Promotes Ocean Energy. New England Electricity Restructuring Roundtable September 18, 2009. Beth A. Nagusky Director, Office of Innovation & Assistance, Maine DEP Co-chair, Ocean Energy Task Force. The Challenges. Electric Industry Restructuring

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Policy Matters: Maine Promotes Ocean Energy

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  1. Policy Matters:Maine Promotes Ocean Energy New England Electricity Restructuring Roundtable September 18, 2009 Beth A. Nagusky Director, Office of Innovation & Assistance, Maine DEP Co-chair, Ocean Energy Task Force

  2. The Challenges • Electric Industry Restructuring • Oil/Natural Gas Price Instability • Failure to Include Externalities • Economics & Financing • Transmission & Distribution • Siting &Environmental Permitting

  3. Maine’s Ocean Energy Task Force • November ‘08 Executive Order • Legislation: 60 Day Permit Process • Test Site Identification/Public Outreach • Regulations for Commercial Scale Projects • Tidal: MOU with FERC • Report due October ‘09

  4. The Past

  5. The Future

  6. Electrification: Cut Energy and CO2 • 80% Maine Homes heat withoil • $2.50/gal x 900 gal = $2,250 • Electric Heat Pump @$0.15/kWh= $1,465/yr. • Conversion Cost: + $15,000 • Cut CO2 2-3x • Electric vehicles • Gasoline Vehicle 20% efficient • 50% efficiency for delivered electricity • 20% losses for charging/discharging batteries (?) • Net efficiency 40% + ½ the fuel consumption

  7. Oceans: A Source of Green Energy for the Northeast U.S. 55 million people 18% of US population 7

  8. WIND TURBINE EVOLUTION Diagram Courtesy of MIT

  9. Maine Test Sites Within State Waters At least 200 Feet Deep (30 Fathoms) Average Annual Wind Speeds of >17 MPH No Obstructions Limit Ecological/Human Impacts

  10. ALL PLANNING AREAS

  11. What’s Next • Regulations for Commercial Scale Offshore Wind/Tidal • Coordination with Federal Agencies • Recommendations to Overcome Hurdles • T&D Infrastructure • Economics • Intermittency

  12. Questions?? Beth.A.Nagusky@maine.gov 207.287.5869

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