JOHN HALL Associate Vice President, Clean Energy Unstoppable Momentum: How Market Forces are Driving Texas to a Clean Energy Economy Market forces – especially the competitive market structure and the price of natural gas – are far more powerful than environmental standards at transitioning Texas to a clean energy economy. Additional Drivers of Texas’ Transition to Clean Energy Infrastructure: Competitive Renewable Energy Zones Natural Gas and Renewables: Falling Costs and Technological Innovation Texas is the Most Resource-Rich State for Clean Energy • Natural Gas • Wind Energy • Solar Energy • Energy Efficiency • Demand Response EDF Analysis: Texas is on track to fully comply due to market forces. 88% Current Trends More gas and renewables, less coal 102% Compliance 7% energy efficiency ERCOT and the Path to Compliance Texas On Track to Exceed Clean Power Plan Campliance ERCOT 2636 Projected Resaurce EHCDT EFF Camplianae Generati-an Mix {June 16, 2616] Natural Gas 61% 44% lEaal 16% 16% Wind 16% 16% Salar 13% Nuclear 9% 12% Energy Efficiency 1% 4% A ted CD2 mm ?4mg Heducticlns Economic Impact Of The Cleantech Sector $2.5 Billion Cleantech contributes $2.5 Billion to Austin's regional GDP. 20,000 Jobs Cleantech directly employs 20,000 people in the Austin MSA. Rapid Growth Employment in cleantech is projected to grow 11% in Austin by 2020. Thank You John Hall, Associate Vice President, Clean Energy jhall@edf.org edf.org/texas-clean-power