Ratepayer Benefits. This Agreement will result in ratepayer benefits, including greater reliability and lower costs. The demonstration project is estimated to save more than 160,000 therms/year, reduce electricity consumption by more than 11 million kWh per year, and reduce carbon emissions by more than 2,000 metric tons per year. Replicating this Project at all hospitals in the Los Angeles Basin would save more than 50,000,000 therms of natural gas, equal to 6% of the total capacity of the Aliso Canyon natural gas storage facility - providing direct reliability benefits to ratepayers in the LA Basin.
Ratepayer Benefits. This Agreement will result in the ratepayer benefits of reduced risk associated with the operation of natural gas pipelines, increased energy delivery reliability, and lowered barriers of smart technology adoption. Deploying smart shutoff technology to residential and commercial buildings can provide layers of protection to California ratepayers. With smart sensor deployment and automation, ratepayers will have the necessary interventions in place to avoid potentially hazardous events posed by gas leaks, fires, earthquakes, and floods. Detection and intervention capabilities provided by smart safety technology will protect ratepayer life and property. This will also limit pipeline downtime and recovery costs by protecting against damaging incidents, and provide ratepayers access to safe and reliable energy. By establishing the foundation for smart shutoff requirements, technology developers will have the framework for continued innovation in this emerging market to improve customer satisfaction and lower costs. Technological Advancement and Breakthroughs: This Agreement will lead to technological advancement and breakthroughs in smart shutoff technology regarding smart sensors, shutoff valves, and software integration to improve safety and prevent natural gas leaks in commercial/residential buildings. Overcoming these barriers will help the State of California achieve its statutory energy goals by preventing natural gas leaks and lowering the emission’s footprint of natural gas. As California transitions to 100% renewable electricity by 2045 and lowers the state’s total emissions to 80% below 1990 levels by 2050, flexible access to energy will be needed to meet California’s seasonal energy demands. Smart shutoff technology will be required to improve the safety of California’s natural gas infrastructure particularly during periods of dormancy, and monitor sources of natural gas emissions at commercial/residential buildings. Currently, deployment of these systems is low due to high costs and limited connectivity. This project aims to provide solutions to the implementation, integration, and communication of advanced safety sensing technologies. These solutions will establish a roadmap that enhances adoption and help maintain the infrastructure’s resiliency to respond to customer demand while lowering emissions by shutting-off the flow of gas due to leaks or the detection of a hazardous situation. By advancing the role of smart technologies, California’s nat...
Ratepayer Benefits. This Agreement is anticipated to result in the ratepayer benefits of GHG emission reductions to support initiatives such as the Short-Lived Climate Pollutant Strategy, air emission reductions, and increased safety by the establishment of a pre-project emission baseline for the diversity of common types of biomethane renewable natural gas production sites; investigation of the potential for fugitive emissions at these sites; and quantification of the air quality and climate pollutant impacts of biomethane project development. Additionally, this research is anticipated to reduce the amount of solid waste going to landfills and will support organics diversion from landfills towards the production of value-added products. This will help California meet the needs of AB 32, the Short-Lived Climate Pollutant Strategy and long-term recycling goals. This project will also help determine the amount of potential GHG emission mitigation, which is required in SB 1371 for the purpose of ensuring public safety and reducing emissions to the maximum extent feasible. Technological Advancement and Breakthroughs: This Agreement will lead to technological advancement and breakthroughs to overcome barriers to the achievement of the State of California’s statutory energy goals by identifying and quantifying emissions and fugitive leaks before and after biomethane production facilities and processes are implemented. Innovative monitoring platforms (e.g. a mobile air quality laboratory housed in a truck; unmanned aerial vehicles equipped with light detection and ranging; a floating wind tunnel for lagoon emissions) and multiple monitoring methods (e.g. flux xxxxxxxx, flux curtain methods, volatile organic carbon ratios for speciated emissions to fully characterize the desired emissions) will be used in this project. Additionally, indirect emissions resulting from electricity use will be calculated. The resulting project-wide advancement will be the creation of robust and defensible emission estimates before and after biomethane production facility and/or process implementation.
Examples of Ratepayer Benefits in a sentence
Other Ratepayer Benefits: Company shall quantify the benefits that it believes will accrue to other ratepayers from the Special Contract.
Case Study of Smart Meter System Deployment: Recommendations for Ensuring Ratepayer Benefits.
One of the indirect results from the strengthened economic base is the more complete use of the utilities’ transmission and distribution facilities which further reduces rates.15 4.2.1. Direct Ratepayer Benefits of EDR ProgramsPrice floors have been a critical component of all EDR programs previously authorized by the Commission.
Ratepayer Benefits: Description of the reliability and direct economic benefits to Maryland ratepayers as a result of the Generation Capacity Resource.
Each Loan Party agrees that it is jointly and severally liable for, and absolutely and unconditionally guarantees to Agent and Lenders the prompt payment and performance of, all Obligations and all agreements under the Loan Documents.
More Definitions of Ratepayer Benefits
Ratepayer Benefits. 2 This Agreement will result in the ratepayer benefits of greater electricity reliability and lower costs through the use of a virtual grid and in unit monitoring. In addition the tenant interface and ongoing knowledge transfer activities will allow consumers to become energy stewards. Technological Advancement and Breakthroughs:3 This Agreement will lead to technological advancement and breakthroughs to overcome barriers to the achievement of the State of California’s statutory energy goals by providing a combinatorial solution that includes effective design of integrated solar electric rainscreen cladding and roofing [ BIPV ], integrated with a carefully honed and modeled optimized building form which can use the entire external envelope to generate substantial quantities of renewable energy subsidized by displacing conventional high quality cladding materials. Special extrusions with a modular kit of parts will be manufactured in California allowing the skin to be tuned to optimize daylight, natural ventilation, views out and of course external roof terraces to provide a high quality of life at reasonably high densities. Working with Recipient’s light gauge steel framing volumetric prefabrication factory the durability of a low cost social housing construction system has been improved by moving the airtightness to the outside of the perforated vapor permeable steel chassis and up to 24 cm of non combustible external rockfibre insulation is specified – pushing the dew point out of the structural zone to potentially double the life expectancy. Recipient suggests that on a net zero building with state of the art energy efficiency baked into every design decision, the BIPV will generate a slight annual surplus of
Ratepayer Benefits. 2 The greatest single impact this project will have on California ratepayers comes in the form of lower cost for modules, and ultimately lower cost of renewable energy. Qualitative estimation of cost reduction is discussed below. The secondary benefits comprise from increased reliability of electricity and reduced greenhouse gas emissions.
Ratepayer Benefits. The data from the borehole survey and monitoring system from this project will make gas storage operations safer and more reliable. This will result in ratepayer benefits of greater electricity reliability, lower costs, and increased safety by the installation of sensors that provide the status of the gas field and the gas field equipment in real time. Technological Advancement and Breakthroughs: This project will introduce and work with California utilities to implement a safe gas storage reservoir monitoring program. This project will develop a new line of fit-for-purpose optical sensors and a comprehensive sensor system. This project will lead to technological advancement and breakthroughs to overcome barriers to the achievement of the State of California’s statutory energy goals by providing a more secure energy supply for electricity generation and a safer supply of natural gas. It will also reduce the release of methane gas into the atmosphere thereby helping to meet California’s goals on lowering greenhouse gas emissions.
Ratepayer Benefits. This Agreement will result in the ratepayer benefit of Economic Development by filling an important niche in the energy innovation space. The CalSEED Low- Carbon Small Grants Program established by this Agreement will provide initial small grant funding to energy entrepreneurs to prove out their technology concept. The results can be used to attract private sector interest and funding for their energy technology venture. Technological Advancement and Breakthroughs: This Agreement will lead to technological advancement and breakthroughs to overcome barriers to the achievement of the State of California’s statutory energy goals by providing grants and professional development for innovators and entrepreneurs working to bring early stage clean energy concepts to market. The CalSEED Low-Carbon Gas Small Grants Program will support a diverse group of entrepreneurs and help them deliver equitable outcomes from their clean tech innovations. The first round of funding is through a Concept Award of up to $150,000. Concept Awardees can compete for a second round of funding through a Prototype Award of up to $450,000. CalSEED-LCG will fund technologies that are at a Technical Readiness Level (TRL) of 2-4 for clean energy innovations to move from a collection of scientific principles and experiments to validating the basic functionality of a prototype or pilot project, ultimately demonstrating proof of concept and performance. The focus will be on scientific breakthroughs that are early stage, higher risk, and higher reward.
Ratepayer Benefits. 2 This Agreement is intended to result in ratepayer benefits including greater electricity reliability and lower costs by deploying the Recipient’s smart charging technology combined with the integration of DERs to enable flexible support capability of the grid. The Recipient’s innovative AI based ML technology is designed to optimize management of MDHD EV charging to minimize OPEX and maximize the utilization of existing infrastructure, reducing CAPEX. An integrated DER approach using our AI system provides a flexible support capability for the grid. The Recipient software integrates DERs including solar PV on-site generation and a XXXX using Recipient’s MOEV AI™, which can effectively manage these energy assets, creating flexibility to shift loads based on utility signals and current grid needs. The demonstration site can respond rapidly to utility signals by relying on its own local generation or storage or even shifting when a vehicle is being charged, resulting in a more resilient and reliable grid. By participating in DR programs, the DER integrated AI solution enables lowering the peak loads for the grid operators, who can then pass on the savings to consumers. Finally, the ability to add greater amounts of renewables, solar in this instance, helps grid operators solve the CAISO reported solar duck phenomenon thereby further lowering the cost of electricity since solar is now cheaper than most fossil fuel based sources, resulting in cheap yet clean energy for the ratepayers. Technological Advancement and Breakthroughs: This Agreement is intended to lead to technological advancement and breakthroughs to overcome barriers to the achievement of the State of California’s energy goals. In particular, the California renewable portfolio standard requires that 60% of retail sales of electricity in California come from eligible renewable resources by 2020 and 100% come from eligible renewable and zero-carbon resources by 2045. Barriers to achieving these goals include high cost of managing the grid with more renewables, challenges 2 California Public Resources Code, Section 25711.5(a) requires projects funded by the Electric Program Investment Charge (EPIC) to result in ratepayer benefits. The California Public Utilities Commission, which established the EPIC in 2011, defines ratepayer benefits as greater reliability, lower costs, and increased safety (See CPUC “Phase 2” Decision 00-00-000 at page 19, May 24, 2012, xxxx://xxxx.xxxx.xx.xxx/PublishedDocs/WORD_...
Ratepayer Benefits. 2 The project will result in the ratepayer benefit of lower costs by reducing the costs of installing solar power plants and increasing the amount of energy generated by each solar module in those power plants. Technological Advancement and Breakthroughs:3 The project will lead to technological advancement and breakthroughs to overcome barriers to the achievement of the State of California’s statutory energy goals by increasing the available land for installing solar power plants, and reducing the cost of the energy produced by those power plants. This will enable faster adoption and installation of solar power throughout California.
Ratepayer Benefits. This Agreement will benefit ratepayers by reducing greenhouse gas emissions, costs due to corrosion damages, and the risk of gas pipeline failure. This project will improve pipeline reliability leading to reductions in accidental methane emissions from corrosion damage (potentially $200,000 in social cost of carbon for every major transmission pipeline rupture prevented, based upon the total release gas from a rupture of a 10-mile segment of 30- inch pipeline operating at 600 psi). This estimate could be larger if flow is not interrupted immediately. Technological Advancement and Breakthroughs: This Agreement will lead to technological advancement and breakthroughs to overcome barriers to the achievement of the State of California’s statutory energy goals by developing a toolkit to inspect and evaluate the risks of corrosion in gas pipelines. The proposed approach is innovative because it integrates the detection technologies, corrosion risk assessment methodologies, and risk management optimization approaches (Figure 1) and will incorporate the following features unique to the assessment of corrosion risk for gas pipelines including: