Energy Optimized

September 25, 2019

Today’s energy landscape is changing. There is a global energy transition underway in which renewable energy sources, led by wind and solar power, will ultimately replace legacy thermal generation. Falling supply costs, coupled with technology innovations in energy storage, software, and automation, are facilitating this change. In 2015, the State of Hawaii became the first state in the U.S. to legally commit to a 100 Renewable Portfolio Standard (RPS). The 100 percent RPS law requires power utilities in the state to procure 30 percent of their energy from renewables by December 31, 2020, 70 percent by December 31, 2040, and 100 percent by December 31, 2045. As of 2018, Hawaii meets 28 percent1 of its energy demand from renewable energy and California meets 34 percent2 of its energy demand from renewable energy

Spotlight

Cenovus Energy

We’re a Canadian integrated oil and natural gas company headquartered in Calgary. We’re committed to maximizing value by responsibly developing our assets in a safe, innovative and efficient way. Our operations include oil sands projects in northern Alberta, which use specialized methods to drill and pump the oil to the surface, and established natural gas and oil production in Alberta and British Columbia. We also have 50 percent ownership in two U.S. refineries.

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NORTH CAROLINA: LEADING THE CHARGE TO A CLEAN ENERGY FUTURE

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Electric Utility Regulatory Frameworks and Financial Incentives

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Organic Photovoltaics – Truly Green Energy: “Ultra-Low Carbon Footprint”

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The global warming effect is unequivocal, and solar energy will play a major role in the most important battle of the 21st century: enabling increased energy consumption while minimizing the impact on our environment. In order to achieve the climate protection targets as soon as possible, the environmental impacts must be quantified and should be effectively integrated into the competitive process. TÜV Rheinland (Germany) has certified the environmental impact of the solar film HeliaSol® to be below 16 kg CO2e/m² through a Life Cycle Assessment (LCA). The result is an ultra-low carbon footprint ranging from 15 up to 3 g CO2e/kWh depending on the solar irradiation of a location.

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Spotlight

Cenovus Energy

We’re a Canadian integrated oil and natural gas company headquartered in Calgary. We’re committed to maximizing value by responsibly developing our assets in a safe, innovative and efficient way. Our operations include oil sands projects in northern Alberta, which use specialized methods to drill and pump the oil to the surface, and established natural gas and oil production in Alberta and British Columbia. We also have 50 percent ownership in two U.S. refineries.

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