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QuickTime™ and a decompres sor are n eeded to see th is pictu re. EPIC Opportunity: Water, Energy, Technology and Economic Development La Verne University Water Technology Conference January 31, 2013 Robert Swayze, Principal Economic Development Results, LLC www.econdevresults.comn 213.250.6062 QuickTime™ and a decompres sor are n eeded to see th is pictu re. QuickTime™ and a decompres sor are n eeded to see th is picture. QuickTime™ and a decompres sor are n eeded to see th is pictu re. QuickTime™ and a decompres sor are needed to see this pictu re. QuickTime™ and a decompres sor are n eeded to see th is pictu re. CALIFORNIA ENERGY COMMISSION EPIC: Electrical Program Investment Charge Approved by CA Public Utilities Commission Managed by CA Energy Commission Initial Funding: approximately $486 million beginning July 2013 Purpose: “Advance technologies, tools and strategies that provide California’s IOUs (Investor Owned Utilities) ratepayers with clean, affordable, and reliable electricity and help enable the 21st Century power grid.” Two additional rounds with approximately same funding beginning in 2015 and 2018 QuickTime™ and a decompres sor are n eeded to see th is pictu re. Facts You Know Water related energy use in California consumes 20% of the state’s electricity. The California State Water Project is the single largest user of energy in California. That one project consumes 2-3% of all the electrical use in the state -- 5 billion Kwh/yr. The annual cost of pumping water 2000’ up over the Tehachapi -- the highest lift of any water system in the world -- equals 1/3 the total household electrical use in Southern California. Energy cost is a key driver of water cost. QuickTime™ and a decompres sor are n eeded to see th is pictu re. More Facts California’s GDP is $1.9 Trillion -- 9th largest economy in the world (between Brazil and India). State’s demand for water has shifted as CA economy becomes less dependent on agriculture, improved efficiencies and conservation with commercial and industrial usage. But water remains critical to economic growth. In addition, major threats (periodic droughts, declining groundwater basins, climate change, seismic disruptions to infrastructure) contribute to uncertainty. Uncertainty about this critical infrastructure reduces business investment and residential growth. QuickTime™ and a decompres sor are n eeded to see th is pictu re. Back to EPIC In an era of diminished financial resources, here’s a wellfunded program designed to accelerate energy technologies. It can be used by jurisdictions, regions and agencies to encourage development and deployment of better energy technologies -- to support water infrastructure and other projects. Cities, regions and agencies can use the program to: Improve their infrastructure Develop their technology clusters Spur economic development QuickTime™ and a decompres sor are n eeded to see th is pictu re. CALIFORNIA ENERGY COMMISSION EPIC: Project Eligibility Criteria Applied Research & Development Technology Demonstration & Deployment Market Facilitation 3-Year Program Area Funding Up to $158.7 million Up to $129.8 million ($27 million for bioenergy) $43.3 million Estimated Min/Max Award per recipient $250,000 to $3 million $1 million to $5 million ($100,000 to $5 million for bioenergy projects $25,000 to $3 million Match Funding Requirement* None 20% of requested EPIC funds None Estimated Funding to Match Federal Program Investments Up to 10% to support federal cost share opportunities Up to 10% to support federal cost share opportunities None QuickTime™ and a decompres sor are n eeded to see th is pictu re. How Can Agencies & Jurisdictions Use EPIC? Planning and Regulatory Assistance Approximately $23.2 million Enhance regulatory assistance and permit streamlining Incorporate clean energy technology planning and permitting Establish pilot demonstrations projects Needs assessment study within local planning and zoning processes. Create model ordinances for clean energy technologies. Assist in the implementation of general plan guidelines. Educational materials for local officials interested in facilitating clean energy market growth. QuickTime™ and a decompres sor are n eeded to see th is pictu re. How Can Agencies & Jurisdictions Use EPIC? Workforce Development Approximately $4.5 million Grants that strengthen the clean energy workforce Develop/enhance training and apprenticeship programs New curriculum, train the trainer initiatives, certification and energy related apprenticeships Scenario & Research Assessments Funding for scenario and gap analysis for water-related industries Water/wastewater Food processing Pre-harvest agriculture (irrigation technologies) Industrial QuickTime™ and a decompres sor are n eeded to see th is pictu re. How Can Agencies & Jurisdictions Use EPIC? Regional Innovation Clusters Approximately $27 million Accelerate deployment of early-stage clean energy technologies Grants to early stage companies and entrepreneurs Possible collaboration: Cities + colleges/universities + agencies Summary: EPIC offers the opportunity to: Grow the technology sector Help solve energy/water dilemma Increase local prosperity QuickTime™ and a decompres sor are n eeded to see th is pictu re. The Economy, Post Recession Both CA and LA County now recovering at faster pace than the nation. But future growth & prosperity requires a synergistic relationship of: Education Infrastructure Technology Resources For 30 years, economic development for CA cities was retail; but that era is changing. The software company from New Mexico. QuickTime™ and a decompres sor are n eeded to see th is pictu re. Thank You!