Environmental Exposures and Lender Concerns slide image

Environmental Exposures and Lender Concerns

Energy Issues (cont.) • A significant topic in states already allowing cultivation is the energy impact of cultivation. • The Northwest Power and Conservation Council ("NPCC") states that regional demand from marijuana producers in Idaho, Montana, Oregon and Washington could reach almost 250 MW by 2035. 2000-3000 Kilowatt hours of energy per pound of product. (NPCC) The publication Utility Dive quotes Mr. Pete Rumsey, Executive Vice President of Business Development at Lighting Science, who states: Cannabis is one of the most energy-intensive industries in the world. Statistics show that one percent of all electricity used in the United States today is used by indoor marijuana growers, to the tune of almost $6 billion annually. The same publication notes that growing four mature marijuana plants consume about as much power as running 29 refrigerators around the clock. Utilities are having to address major increases in loads in some areas. 16
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