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Presentation to Delegation from China regarding energy efficiency in New England
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Transcript of Presentation to Delegation from China regarding energy efficiency in New England
Energy Efficiency: A Powerful Resource 2013 U.S.-CHINA LEGAL EXCHANGE
U.S. DEPARTMENT OF COMMERCE — P.R.C. MINISTRY OF COMMERCE
Seth Kaplan
Vice President for Policy and Climate Advocacy
Conservation Law Foundation
December 6, 2013
(617) 850-1721
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“Markets vs. Planning”: It is a spectrum, not either/or
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If two men are trading wood (energy) and one man is using his spear to change the deal then a third man (a regulator)
needs to step in to maintain fair dealing. Regulation defines the market.
And sometimes
(in a shortage for
example) then
regulator may
become planner and allocate the
supply of wood
(energy)
The Ancient Caveman Energy Market
The Future: A mix of centralized & decentralized power: Efficiency is a common thread
3
Original Graphic courtesy of Alan Friefeld of Viridity Energy
Edison’s Pearl Street Station Photographic Services of the Consolidated Edison Company of New York, Inc.
Demand can be managed to reduce peak, as well as by generating locally and by becoming
more efficient
ISO-NE – the Operator of the New England Grid is first in the U.S. to Factor State Energy Efficiency Efforts into System Planning
4
When you harness
both markets and government mandated
and planned programs –
you can have a very big impact
Don’t Underestimate Size of the Resource: Efficiency is the “Magic Orange”, squeeze, put aside, come back later squeeze again
5
Wasted energy