Subject: Renewable/Geothermal talking points
From: "Joan Mayer" <[email-masked]>
To: "R. Hunter Biden" <[email-masked]>
Cc: "Eric Schwerin" <[email-masked]>
Date: Wed, 1 Jun 2016 16:11:23 -0400

Hunter-  Let us know if you need more info.

*Renewables*

·         World’s fastest growing energy source

·         Renewable power generation grew by an estimated 5% in 2015 and
now accounts for around 23% of total electricity generated globally.

·         Dollar investment in renewable sources growing in 2015 to nearly
six times its 2004 total.  This is even with a decline in fossil fuel
prices and lower investment by European countries.

o   China is largest investor in clean energy in 2015- 17% increase to
$110.5bn

o   US is 2nd, which invested $56bn, up 8% on the previous year and the
strongest figure since the era of the ‘green stimulus’ policies in 2011.

o   Europe again saw lower investment in 2015,

o   Europe and US combined investment= $114.5 bn  (greater than China)

o   A number of “new markets” together committed tens of billions of
dollars to clean energy last year. These include Mexico, Chile, South
Africa and Morocco.

o   Africa and the Middle East are two regions with big potential for clean
energy, given their growing populations, plentiful solar and wind resources
and, in many African countries, low rates of electricity access. In 2015,
these regions combined saw investment of $13.4bn, up 54% on the previous
year.

·         In the US:

o   The production and use of biofuels and nonhydroelectric renewable
energy sources doubled from 2000 to 2014

o   In 2014, renewable energy sources in the United States accounted for
about 10% of total U.S. energy consumption. About 13% of U.S. electricity
was generated from renewable energy sources in 2014.

o   Growth driven by state and federal government mandates (2013 Climate
Action Plan) and incentives (tax credits)

o   Use of renewable fuels expected to continue to grow over the next 25
years- The U.S. Energy Information Administration (EIA) projects that the
United States will use nonrenewable fuels to meet most of its energy needs
through 2040

*Geothermal*

·         Geothermal production and use in the US and internationally
continues to grow at a sustained rate.

·         US is the world leader in online capacity and the generation of
electricity from geothermal energy

o   *.*4% of total US electricity from geothermal.  In 2014, 7 states had
geothermal power plants

·         28 countries had geothermal power plants in 2012, which generated
approximately 68 billion kWh of electricity. The Philippines was the
second-largest geothermal power producer after the US at 10 billion kWh of
electricity, which equaled approximately 15% of the country's total power
generation in 2012. Iceland, the seventh-largest producer at 5 billion kWh
of electricity, produced 30% of its total electricity using geothermal
energy.

·         Benefits of geothermal

1.       Clean- most plants emit no greenhouse gases and consume less water

2.       Available 24 hours a day, produces energy at a constant rate

3.       Homegrown- reduces dependence on foreign energy resources

4.       Renewable resource-  comes from heat within the earth

-- 
*Joan K. Mayer*
Rosemont Seneca Advisors, LLC
1010 Wisconsin Avenue NW, Suite 705
Washington, DC 20007
o: 202-333-1880
m:202-841-8543
[email-masked]