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III. “Meta” Projects 2) In addition, the state energy strategy should include:
The supply requirements and demand forecasts for
Meta projects are projects that have emerged from two or electricity, natural gas, coal and petroleum products
more acceleration initiatives. Rather than having the initia-
tives duplicate their efforts, the individual projects have Assessments of existing electric generation,
been combined into meta projects. Meta projects will have transmission and distribution systems, fuel transmission
work teams that include representatives from all appropri- facilities, delivery and storage systems, and energy
ate initiatives. transport systems to meet supply requirements
Develop a Comprehensive Projected energy process over the forecast periods
ment, state agencies, business and labor organizations, State energy policies and programs intended to for Green Companies Organize Access to Capital in the energy strategy » energy-related decisions » competitiveness » » » mitigation measures » » » - , its assessments and issue 1 - - v 1.0 Assessments of the costs, benefits, uncertainties, market potential and opportunities for promoting sustainable alternatives to traditional energy resources Assessment of the environmental, health and economic impacts associated with electricity production Assessment of the state’s environmental policies and programs which impact the state’s development and implementation of energy policies and programs An inventory of greenhouse gas emissions and strategies for facilitating and accelerating the use of low carbon energy sources and/or carbon Assessments of the costs, benefits and uncertainties of traditional and alternative measures required to meet system demands over the forecast periods Context and ConditionsDiversity of the energy portfolio Public health and securityAffordability to ratepayers The economic competitiveness of the state
State Energy Strategy
Rhode Island is faced with energy and environmental
challenges that impact all facets of its citizens’ lives and
stifle the general welfare. The conditions include high
energy costs, reliance on imported fuels, aging energy
infrastructure and a high unemployment rate.
In order to address the needs of the market and further
advance the economy, Rhode Island should adopt a
comprehensive energy strategy that takes into account
today’s environmental challenges, the economic climate
and ratepayer affordability. In order to achieve this, the
plan must consider energy conservation, efficiency, renew
able generation and overall reliability. The process for
drafting the plan should be a collaboration of stakeholders,
including the executive and legislative branches of govern
academic institutions and other interested parties. support economic development, including those
The elements of the strategy* intended to advance the green economy
briefs should form the basis of policy and program Comparison of energy prices for various customer classes
recommendations for the Rhode Island Comprehensive provided by electric and natural gas utilities of the state
State Energy Strategy: 2010 - 2020. with those in other states to determine business
The state plan should include, but not be limited to:
1) The long-range energy policy objectives and strate The role of environmental justice considerations in
gies appropriate to increase energy supply, reduce energy
demand and stabilize price should consider factors that Recommendations for administrative and legislative
include: actions to implement policies and objectives set forth
The state’s natural resources Rhode Island sees new economic opportunities based on
The reduction of greenhouse gases green ideas, practices and businesses. To fuel the growth
of these opportunities, or any of Rhode Island’s economic
Energy conservation and efficiency
opportunities, capital will be vital.
Renewable energy
Overall, capital access in RI is fragmented, and significant
The reliability of electric and natural gas systems gaps exist along the capital spectrum (i.e., from seed /
Existing energy policies and objectives early stage to bank debt). Further, no logical continuum of
funding exists to move a venture from business idea into
Existing infrastructure assets and essential improvements production and then business sustainability. Even when the
Existing private and public capital programs various existing funds are laid out as a continuum, there
are gaps, especially in equity and mezzanine funding.
Advancing the Green Economy in Rhode Island * See Notes, page 20 5
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Zoom to Full Screen
III. “Meta” Projects 2) In addition, the state energy strategy should include:
The supply requirements and demand forecasts for
Meta projects are projects that have emerged from two or electricity, natural gas, coal and petroleum products
more acceleration initiatives. Rather than having the initia-
tives duplicate their efforts, the individual projects have Assessments of existing electric generation,
been combined into meta projects. Meta projects will have transmission and distribution systems, fuel transmission
work teams that include representatives from all appropri- facilities, delivery and storage systems, and energy
ate initiatives. transport systems to meet supply requirements
Develop a Comprehensive Projected energy process over the forecast periods
ment, state agencies, business and labor organizations, State energy policies and programs intended to for Green Companies Organize Access to Capital in the energy strategy » energy-related decisions » competitiveness » » » mitigation measures » » » - , its assessments and issue 1 - - v 1.0 Assessments of the costs, benefits, uncertainties, market potential and opportunities for promoting sustainable alternatives to traditional energy resources Assessment of the environmental, health and economic impacts associated with electricity production Assessment of the state’s environmental policies and programs which impact the state’s development and implementation of energy policies and programs An inventory of greenhouse gas emissions and strategies for facilitating and accelerating the use of low carbon energy sources and/or carbon Assessments of the costs, benefits and uncertainties of traditional and alternative measures required to meet system demands over the forecast periods Context and ConditionsDiversity of the energy portfolio Public health and securityAffordability to ratepayers The economic competitiveness of the state
State Energy Strategy
Rhode Island is faced with energy and environmental
challenges that impact all facets of its citizens’ lives and
stifle the general welfare. The conditions include high
energy costs, reliance on imported fuels, aging energy
infrastructure and a high unemployment rate.
In order to address the needs of the market and further
advance the economy, Rhode Island should adopt a
comprehensive energy strategy that takes into account
today’s environmental challenges, the economic climate
and ratepayer affordability. In order to achieve this, the
plan must consider energy conservation, efficiency, renew
able generation and overall reliability. The process for
drafting the plan should be a collaboration of stakeholders,
including the executive and legislative branches of govern
academic institutions and other interested parties. support economic development, including those
The elements of the strategy* intended to advance the green economy
briefs should form the basis of policy and program Comparison of energy prices for various customer classes
recommendations for the Rhode Island Comprehensive provided by electric and natural gas utilities of the state
State Energy Strategy: 2010 - 2020. with those in other states to determine business
The state plan should include, but not be limited to:
1) The long-range energy policy objectives and strate The role of environmental justice considerations in
gies appropriate to increase energy supply, reduce energy
demand and stabilize price should consider factors that Recommendations for administrative and legislative
include: actions to implement policies and objectives set forth
The state’s natural resources Rhode Island sees new economic opportunities based on
The reduction of greenhouse gases green ideas, practices and businesses. To fuel the growth
of these opportunities, or any of Rhode Island’s economic
Energy conservation and efficiency
opportunities, capital will be vital.
Renewable energy
Overall, capital access in RI is fragmented, and significant
The reliability of electric and natural gas systems gaps exist along the capital spectrum (i.e., from seed /
Existing energy policies and objectives early stage to bank debt). Further, no logical continuum of
funding exists to move a venture from business idea into
Existing infrastructure assets and essential improvements production and then business sustainability. Even when the
Existing private and public capital programs various existing funds are laid out as a continuum, there
are gaps, especially in equity and mezzanine funding.
Advancing the Green Economy in Rhode Island * See Notes, page 20 5
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