Investorideas.com
Interview with Ralph Cavanagh (RC), Energy Program Co-Director at NRDC
Seventh Northwest Regional
Plan: Revives, rejuvenates and reinforces energy efficiency
March
1, 2016- Investorideas.com discusses the adopted Seventh Northwest Plan with Ralph Cavanagh
(RC), Energy Program Co-Director at NRDC.
As a champion within focused areas of, renewable energy and residing
Northwest Energy Coalition board member, his responses address highlights of
the seventh plan edition and expands upon his involvement among the one of the
nation’s most powerful environmental groups; NRDC.
A
renewed whiff of vigor and energy eclipses the air of celebrated picturesque
states of, Idaho, Montana, Oregon and Washington, with credit being owed to the
regions recently approved Seventh Northwest Plan. The month is marked with a re-introduction
into what will be a 20 year regional plan, establishing the foursome states as
change stewards and cornerstone leaders in exemplifying why; appointing a
greater percentage of its power to resources to energy efficiency in comparison
to any other state in the nation, makes its power system the cleanest and most
sought after.
There’s
no surprise that projected figures over the course of the next two decades show
for an increased demand of electrical energy, 36 percent due in part to
industrial output. Despite this, the
Northwest reserves no hesitation in its ability to satisfy demanding energy
loads, whilst remaining on track to continued reduction of annual carbon
dioxide emissions by 22.2 million tons per year. Statistics as this can be attributed to the
plans long standing history founded upon committed leadership, successful
energy and investment planning and cost-effective energy efficiency endeavors,
all spearheaded by a designated Power and Conservation Council who’ve instilled
assurance in sustaining the Northwest as a clean and low cost energy system
well into the future.
Read the full
interview at http://www.investorideas.com/news/2016/renewable-energy/03011.asp
Q
& A Interview:
Q: Why should we
pay particular attention to the seventh regional plan installment, what key
highlights should we be made aware of?
RC: The Pacific
Northwest has a proven record of energy efficiency leadership over more than 30
years, much of it driven by the regular comprehensive updates of the Council's
plan (this is the seventh since 1983).
The latest version is remarkable for all the new technologies covered
(40% of the savings opportunities involve measures not available five years
ago) and its attention to opportunities for savings at times of peak daily
energy needs. Since energy consumers in the region are already saving more than
$3.5 billion annually thanks to energy efficiency programs and standards guided
by earlier plans, the Council speaks with special credibility here.
Q: In the approved
plan, climate change analysis recommends "retiring all of the coal
plants" but cautions, that achieving "maximum carbon reduction"
can pose "operational challenges" - evidently a balanced approach
with sufficient reserves needs to be accessible.
What action plan would
you propose to best combat global warming while still accommodating clean
energy needs?
RC: The key here is an
integrated portfolio of clean energy solutions, achieved through competitive
procurement and resource management by increasingly nimble and innovative
utilities. The Council's Plan provides a good blueprint; see also California's SB 350, enacted last year,
which aims for a combination of increased energy efficiency, renewable energy
(reaching 50% of statewide power supply by 2030) and vehicle electrification
(electric vehicles are excellent storage devices for renewable energy
production).
Q: The Lower Snake
dams operating in the power system, caused concern among salmon and wildlife
advocates, is there a way in which clean energy and wildlife protection can
simultaneously co-exist without undue hardship?
And has NRDC
considered a BioGem program to have the dams removed?
RC: The
principal proponents of dam removal, Save our Wild Salmon and the Northwest
Energy Coalition, have both acknowledged the importance of replacing the dams'
generation with clean energy sources, to ensure against ecosystem damage. NRDC
strongly agrees, and supports the extensive work by both groups (over more than
a decade now) to chart a path forward that meets the goals you are right in
highlighting here.
Q: Your organization has left a positive
footprint oversees in China and India, what work have you done there?
RC: Some of
our most effective work in both countries has involved energy efficiency standards
for new buildings and equipment, which have been NRDC priorities in the US and
abroad since the late 1970s. Given the significance of China and India as both
manufacturers and sources of greenhouse gas emissions, cooperation on
efficiency standards is a matter of intense mutual interest. NRDC takes
particular pride, for example, in its role in helping China establish rigorous
efficiency standards for lighting systems in new commercial buildings.
Q: What specific
initiatives with NRDC do you have on the horizon?
RC: An
important national and global priority is changing the fundamental utility
business model, to;
(1) eliminate
the link between utilities' financial health and growth in electricity use and;
(2) ensure
that cost-effective energy efficiency investments are at least as profitable to
investor-owned utilities as power generation and transmission. We also need
rate designs for electricity and natural gas that reward those who save energy,
and continued progress on the EPA's Clean Power Plan once court challenges are
resolved over the months ahead. For more, visit my blog.
“By
investing in energy efficiency at the levels recommended in the plan, we’ll be
able to grow our economy without initiating an aggressive program to build new
generating resources, and we’ll keep Northwest electricity rates low and
maintain our quality of life,” it’s with this admission by Council Chair Henry
Lorenzen’s that puts into context why the new plan positions the Northwest to
compete economically in a low-carbon 21st century.
By,
Reena Paul for Investorideas.com
About Ralph Cavanagh
A
Pioneer and leader in seeking out environmental solutions, his focus areas are
in electric industry restructuring, electricity competition, utilities,
renewable energy, nuclear issues and retail wheeling.
As
a graduate of Yale University, Ralph possesses an impressive array of
credentials and awards, some of which include; Recipient of Heinz Award for Public Policy, Lifetime
Achievement in Energy Efficiency Award from California's Flex Your Power
Campaign.
Since 1980, his dedication has been
paramount to Northwest utilities where his efforts helped achieve reduced
electricity needs and the elimination for new coal-fired and nuclear plants,
thus creating lasting partnerships striving towards clean and sustained energy.
About Investorideas.com - Big Ideas for
Global Investors
InvestorIdeas.com -
digital media global news source, PR and social media in leading sectors. Sectors
we cover in include renewable energy and water
Sign up for free news alerts at
Investorideas.com
Become an Investorideas.com Member and access our online stock
directories listing thousands of publicly traded stocks in leading sectors including
wine stocks
Disclaimer/Disclosure:
Investorideas.com is a digital publisher of third party sourced news, articles
and equity research as well as creates original content, including video,
interviews and articles. Original content created by investorideas is protected
by copyright laws other than syndication rights. Our site does not make
recommendations for purchases or sale of stocks, services or products. Nothing
on our sites should be construed as an offer or solicitation to buy or sell
products or securities. All investment involves risk and possible loss of
investment. This site is currently compensated for news publication and
distribution, social media and marketing, content creation and more. Contact
each company directly regarding content and press release questions. Disclosure
is posted for each compensated news release, content published /created if
required but otherwise the news was not compensated for and was published for
the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp
Contact
Investorideas.com
800 665 0411