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: Global Energy Decisions, Inc., The Velocity Suite Future 2 – Aggressive Policy – “200 GW Scenario” ?+20% Federal RPS ?Expansion of existing RPS ?Climate policydriven renewable expansion ?… Future 2 – Aggressive Policy – “200 GW Scenario” 200 GW Scenario 18% by 2025* *Based on AEO 2022 total capacity forecast (All Renewables) Future 2 – Challenges ?Transmission ?Integration ?Manufacturing ?REC markets Future 3 – Energy revolution – “300+ GW Scenario” ?Pickens Plan: 22+% wind peration by 2020 ?Google Plan: 380 GW of wind by 2030 Future 3 – Energy revolution – “300+ GW Scenario” 300+ GW Scenario 28% by 2025* *Based on AEO 2022 total capacity forecast (All Renewables) Future 3 – Energy revolution – “300+ GW Scenario” 300+ GW Scenario 3 GW 15 GW 22 GW No experience to learn from Future 3 – Challenges and Contingencies ?Transmission ?Integration ?Manufacturing ?REC markets ?Technology (again) ?Cost (again) ?Economic fundamentals (again) Necessary but not sufficient anymore The Future of Wind ?Remaining Uncertainties ?Finance: access to and cost of capital ?Political and social will: how much is enough? ?Climate: are renewables the interim answer? ?Technological change: the LT future will depend on the evolution of wind (and other) technologies and cost ?Economic fundamentals: the evolution of other technologies, cost of fuels will remain a critical driver/barrier to wind development Thank you! Contact information: Lola Infante (202)5085133