NB Power Presentation by New Brunswick Power Corporation November 10, 2015.

Slides:

Advertisements

Similar presentations

1 Presentation on Investment Opportunities in Indian Power Sector and Cooperation with IEA By R.V. SHAHI Secretary, Ministry of Power Government of India.

Advertisements

Energy Policy in Romania BOGOS Zsolt, Secretary of State Ministry of Economy and Commerce, Romania - Black Sea Energy Conference - 3 – 5 April 2006, Bucharest,

Toward a Sustainable Future Name of Conference, Event, or Audience Date Presenter’s Name | ©2011 Synapse Energy Economics Inc. All.

CALPINE March 2, 2004 HARVARD ELECTRICITY POLICY GROUP Natural Gas and Electricity Ron Walter Executive Vice President.

U.S. Energy Information Administration Independent Statistics & Analysis Annual Energy Outlook 2015 AEO2015 Rollout Presentation Center for.

Energy Resources Human Impact on the Environment.

Methodologies for Quantifying Energy Security in the Power Sector William Blyth 24 th April 2005.

René van Sloten Executive Director Industrial Policy Cefic Perspectives of the European Chemical Industry EESC / EPC Conference, 12 November 2014, Brussels.

ERCOT PUBLIC 8/19/ LTSA Scenario Results Updates August, 2014.

Natural Gas in Canada Canadian Gas Association CAMPUT Regulatory Course JUNE 2015.

Energy Sector Development and Climate Mitigation Ajay Mathur SenergyGlobal New Delhi, India.

Arguments Against Nuclear Power Development in Iran May, 2003.

Energy Regulation and Markets in Canada ›› Electricity and Natural Gas

Euroheat & Power Why is there not more combined heat and power?

INTERNATIONAL ENERGY AGENCY World Energy Outlook: Key Strategic Challenges Maria Argiri Economic Analysis Division.

EMPIRE- modelling the future European power system under different climate policies Asgeir Tomasgard, Christian Skar, Gerard Doorman, Bjørn H. Bakken,

TIER1 Energy Security in PECC Region Dr. David Hong Taiwan Institute of Economic Research November 2001.

The National Danish Energy Policy focus on waste and biomass Anders H Kristensen Danish Energy Agency.

US Manufacturing and LNG Exports Economic Contributions to the US Economy and Impacts on US Natural Gas Prices CREA Energy Innovations Summit October 28,

Chapter 12 Energy from Fossil Fuels

1 Are We Ready For The Future? 2005 NIPPC Annual Meeting September 8, 2005 Michael R. Niggli President, Sempra Generation.

The Science and Economics of Energy: Learning about Solar Energy.

Technology options under consideration for reducing GHG emissions SUSTAINABLE ENERGY ROUNDTABLE SERIES: Next Steps Post-Kyoto: U.S. Options January 13,

Energy Group Khoa Nguyen Brian Masters Elena Jaimes Zach Walker Charise Frias.

Autumn Million Jen DePaoli

Spain: Can we give up any of the primary energy sources? Alejo Vidal-Quadras Roca Vice-President of the European Parliament Member of the Industry, Energy.

International Energy Markets Calvin Kent Ph.D. AAS Marshall University.

Ensuring the Energy, Environmental, and Economic needs of North America Canadian Energy Perspectives.

Philip Pearson Climate Change Act  Legally binding targets ◦ 34% cut in CO2 emissions 2020 ◦ 60% by 2030 ◦ 80% 2050  Independent.

The New Energy Landscape Janice Hager, Vice President, Integrated Resource Planning and Analytics.

1 Macroeconomic Impacts of EU Climate Policy in AIECE November 5, 2008 Olavi Rantala - Paavo Suni The Research Institute of the Finnish Economy.

STRUCTURE OF PRESENTATION 1. Energy Policy goals and Review remit 2. Key challenges 3. Conclusions and Impact 4. Next Steps/Issues 1.

Energy security Professor Jim Watson Director, Sussex Energy Group University of Sussex Research Fellow, The Tyndall Centre for Climate Change Research.

Institute for 21st Century Energy U.S. Chamber of Commerce Karen A. Harbert President and CEO Institute for 21st Century Energy U.S. Chamber of Commerce.

World Energy Outlook 2006 Scenarios for the World and the European Union Presentation to European Wind Energy Conference Milan, Italy, 7-10 May 2007.

America’s Energy Future Presented to: 2006 BIO World Congress America’s Energy Future- Role of Agricultural and Forestry Community July 14, 2006 Toronto,

April 19, 2004 International Energy Outlook 2004 Guy Caruso Administrator Energy Information Administration Thirty-First Annual International Energy Conference.

Natural Gas and Power Generation Natural Gas and Power: A Look at Prices Carbon Legislation and Power Generation The future of Power Generation and the.

New Brunswick Energy Policy Overview June 23, 2015.

PJM©2008 Potential Effects of Proposed Climate Change Policies on PJM’s Energy Market Paul M. Sotkiewicz, Ph.D. Senior Economist PJM Interconnection Organization.

Examining Natural Gas Markets C HRIS M C G ILL M ANAGING D IRECTOR, P OLICY A NALYSIS M ARCH 5, 2008.

1 Office of the Chief Economist Global economic growth The outlook for the Australian resources sector Mark Cully APPEA Tax and Commercial Conference 29.

NS4054 Fall Term 2015 North America Energy Trilemma.

Energy Resources I By: Francesca Braganza :/http/lunar.thegamez.net/greenenergyimage/definition-of-renewable-energy-resources/definition-of-renewable-and-nonrenewable-energy-resources-

World energy production by source in 2004: Oil 40% coal 23.3% natural gas 22.5% hydroelectric 7.0% nuclear 6.5% biomass and other 0.7%.

U.S. Energy Information Administration Independent Statistics & Analysis Annual Energy Outlook 2015 United States Energy Association USEA Executive.

Everything You Need to Know About Fossil Fuels *and how to give a good energy presentation.

Bio-Fuels: Opportunities and Challenges 9 th Annual Farmer Cooperative Conference T. Randall Fortenbery Renk Agribusiness Institute Dept. of Ag and Applied.

HRM Council Environment & Sustainability Standing Committee July 7, 2011.

GPIAtlantic Submission to the 2005 UARB - NSPI Rate Case Hearings Ronald Colman November, 2005.

1 Where Does Electricity Come From?. 2 Overview of Electricity.

NPC Industrial Demand Group Study Summary Ray Ratheal 8/19/2010.

ENERGY & CLIMATE ASSESSMENT TEAM National Risk Management Research Laboratory U.S. Environmental Protection Agency Office of Research.

3SW – Quiz#1 Vocabulary – Energy Resources. 1. Non- Renewable An energy resource that takes __________________ of years to form from the remains of plants.

Microgeneration Karl Letten – Change Programme Support Officer (Environment) Change Management.

Energy Market Liberalisation: UK Experience and Future Challenges Bulgarian Energy Forum, Sofia, 8 October 2013 Sue Harrison Head of European Energy Markets.

Primary energy and energy intensity Energy consumption growth.

International Renewable Energy Agency

Winter Outlook Markets Matter

Matthew Wittenstein Electricity Analyst, International Energy Agency

Development of an Integrated Energy Market in Saudi Arabia

NS4960 Spring Term 2017 Japan: Energy Outlook

Environment policy of Northern Europe

Outline Energy demand and prices Reserves and new sources of energy supply.

Creating Benefits for New England: Putting the Pieces Together

NS4960 Spring Term 2018 Japan: Energy Outlook

Growth in primary energy and CO2 emissions Primary energy.

Creating Benefits for New England: Putting the Pieces Together

Presentation transcript:

NB Power Presentation by New Brunswick Power Corporation November 10, 2015

NB Power’s Commitment to Renewable Energy Regulation By 2020, 40% of NB Power’s in-province electricity sales will come from renewable energy By 2020, 75% of NB Power’s electricity sales will be sourced from non-greenhouse gas emitting sources (renewables and nuclear)

Transition to Cleaner Energy NB Power views natural gas fuelled electrical generation as transitional – strengthens NB Power’s fuel diversity and reduces heavy fuel oil consumption – domestic supply of natural gas provides commodity price stability; low and stable rates – provides opportunity for an economic transition to next-generation renewable and/or non-emitting energy e.g. wind, solar, nuclear

Reduction in Greenhouse Gas Emissions Converting Coleson Cove from heavy fuel oil to natural gas reduces greenhouse gas emissions intensity – approximately 28% reduction in greenhouse gas emissions intensity

Opportunity to Create a Heritage Pool GNB designates a Heritage Pool of domestic natural gas for the benefit of New Brunswick – A portion of the Heritage Pool used to generate electricity provides the following benefits low and stable electricity rates ; NB Power monetizes the benefit of natural gas for all New Brunswickers does not rely on domestic pipeline infrastructure natural gas by wires to all New Brunswickers

Opportunities of a Domestic Natural Gas Supply Economic development opportunities – converts natural resources into value added products for New Brunswick fertilizer plant, forest products, mining – attract investment to New Brunswick; LNG export terminal, chemical processing, etc. Less reliance on imported energy – oil – natural gas/pipeline infrastructure – electricity

Conclusion Should shale gas development occur in New Brunswick, NB Power is well positioned to enable the benefits of this resource to reach all New Brunswickers in the form of electricity which would significantly contribute to low and stable rates

Additional Information NB Power’s Supply Mix

Additional Information Impact of Natural Gas Prices Every $1 per mmBTU change in price has a forecast $8.5 million impact on electricity costs in New Brunswick Seasonal variations in market price can range from approximately $5 to $10 per mmBTU Stabilizing these seasonal variations would benefit New Brunswickers by $40 to $85 million annually.