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Adam Schumaker Policy Associate Renewable Northwest Project

Renewable Portfolio Standards and Rural Economic Development Harvesting Clean Energy October 24, 2011. Adam Schumaker Policy Associate Renewable Northwest Project. NW RPS Basics. OR: 25% by 2025, WECC – Wide, Banking* WA: 15% by 2020, Pac NW MT: 15% by 2015, MT or Delivering to MT

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Adam Schumaker Policy Associate Renewable Northwest Project

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  1. Renewable Portfolio Standards and Rural Economic Development Harvesting Clean Energy October 24, 2011 Adam Schumaker Policy Associate Renewable Northwest Project

  2. NW RPS Basics • OR: 25% by 2025, WECC – Wide, Banking* • WA: 15% by 2020, Pac NW • MT: 15% by 2015, MT or Delivering to MT • ID: --

  3. 903 MWa 1,038 MWa

  4. Major OR Utilities RPS Compliance *Cumulative banked RECs ** Assuming 122 MWa online by 2013 – PGE Renewable RFP Fall 2011 # 2008 data

  5. Pacific Power - Oregon Source: PacifiCorp 2011 IRP

  6. Pacific Power - Washington ~530 GWh ~60.5 MWa ~290 GWh ~33 MWa Source: PacifiCorp 2011 IRP

  7. Preferred Portfolio Includes Renewable Additions Beginning in 2018 Source: PacifiCorp 2011 IRP

  8. Rural Economic Development • What’s Included • Direct Capital Investments • Tax / SIP Payments • Direct Job Estimates

  9. Rural Economic Development • What’s Not Included • Indirect/Induced Economic Impacts • Unless provided by actual economist • Lease / Royalty Payments • Keep in Mind: • $2,000 - $5,000 per MW

  10. Washington Development

  11. WA Property Tax PMTs($2010)

  12. Oregon Development

  13. OR Property Tax Payments($2010)

  14. Sherman County • "I think it tells us that wind is the only thing that is going to save rural Oregon, especially since all the timber is gone and the sawmills and all that are closing down. I think what it is a breath of fresh air," said Sherman County Judge Gary Thompson. • “It’s been wonderful…It’s just a fabulous, happy pile of money.”

  15. Thank You Adam Schumaker Policy Associate Renewable Northwest Project Office: 503-223-4544 adam@rnp.org

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