REEL in Alaska Roadmap
the REEL in Alaska Roadmap shows how Alaska’s Railbelt region can meet its energy needs in 2025 by more efficiently using just 50% of the electricity from centralized generation required in the year 2000
Alaska Conservation Alliance study shows how Alaska can create $945,992,100 in economic output by 2025
Download the Executive Summary(pdf); Full Report(big pdf)
The REEL in Alaska Roadmap shows how Alaska’s Railbelt region can meet its energy needs in 2025 by more efficiently using just 50% of the electricity from centralized generation required in the year 2000.
The result? Cash savings and job creation to help stimulate and diversify Alaska’s economy while driving down long term energy costs for Alaskans.
Setting a destination of achieving electrical efficiency gains by as much as 50% represents an improvement of 3.3% per year over the next 15 years. This has been shown to be possible using a combination of market-based incentives and clearly-stated policies. Energy experts have previously called efficiency improvements to be the “low hanging fruit.” Now that technology has advanced and prices have risen, it’s being referred to as “the fruit on the ground” due to the immediate payback for minimal investment.
To make these gains, appropriate and affordable financing for improvements in lighting, heating, ventilation, appliances, machines, and infrastructure is needed. The Roadmap addresses each of these opportunities.
As documented below, some returns on investments in improved efficiency include:
- Saving money for residents, businesses, institutions, industries, and utilities;
- Creating new jobs for hard-working Alaskans;
- Increasing regional energy security;
- Reducing exposure to volatile prices of fossil fuels; and
- Decreasing property taxes by freeing up funds for other use or tax relief
The Roadmap also proves that…
A 50% improvement in the Railbelt’s electricity efficiency could generate an increase of up to $947,992,100 in economic output, $290,927,800 in wages, and $53,499,850 in business income.
It would also create an astounding estimated 9,350 new jobs.
+ Energy efficiency does not mean freezing in the dark. Energy efficiency does not mean doing without energy. It does not mean having less than Alaskans want or need. It means saving money by using energy more thoughtfully.
+ Energy efficiency, done right, results in spending less money to provide increased levels of service—providing the services Alaskans need, in affordable, and efficient ways, with no sacrifice in convenience, comfort, or affluence.
The REEL in Alaska Roadmap knows this plan cannot and will not happen overnight.
Here are some of the report’s recommendations:
1. Set a goal to reduce Railbelt region electricity use from fossil fuels, by 50% by 2025, through efficiency improvements.
- In coordination with the Senate’s current recommended of 50% renewable energy, this would enable the Railbelt region to meet all its energy needs from renewable sources, while bringing nearly 1,000 additional jobs and significant savings for consumers.
2. Implement the RIRP recommendation for a baseline, end-use study of electricity uses.
- As stated in the Alaska Energy Authority’s draft Alaska Railbelt Regional Integrated Resource Plan, “… it is important that a comprehensive technical and achievable potential study be completed, including the comprehensive cost-effectiveness evaluation of the available DSM/EE [energy efficiency] measures and using Railbelt-specific information.”
3. Form a Railbelt regional authority for energy efficiency.
- The authority would serve as an energy efficiency utility, as recommended by prior reports, to improve the efficiency of lighting, heating, plug-in appliances and other electricity uses in residential, commercial, institutional, and industrial sectors.
4. Provide statewide legislation to enable property-based financing and other incentives for energy efficiency and renewable energy.
- See the Implementation Strategies section in the full report
- Support additional revenue from financing and accomplishing energy efficiency and distributed renewable energy projects, through strategies such as dynamic pricing, time of use rates, inverted block rates, net metering, and feed-in tariffs.
The REEL in Alaska Roadmap builds on previous work and publications completed by the Cold Climate Housing Research Center, the Alaska Energy Authority, the Alaska Housing Finance Authority, the Institute of Social and Economic Research at the University of Alaska Anchorage, Renewable Energy Alaska Project (REAP), the Alaska Legislature, Black & Veatch, the six Railbelt utilities, and dozens of others, without whom this Roadmap would not have been possible.
Read and Watch: REEL in Alaska in the Media
KTUU also 10 PM Newscast (several minutes) Late Edition (Feb. 23)