By Editors of Power Engineering
An ambitious new energy omnibus package introduced in the Massachusetts legislature would set new emission reduction targets for 2030 and 2040 that would exceed the Paris climate accord and set a target of 1.77 GW of energy storage by 2025, WBUR reported.
The bill, introduced by Sen. Marc Pacheo, chair of the state’s Senate Committee on Global Warming and Climate Change, faces challenges in the Massachusetts House and Senate, with the New England Power Generators Association already “extremely concerned with proposals to further carve up the market for individual resources.”
Pacheo said the bill will create thousands of jobs, reduce greenhouse gas emissions and protect public health.
In addition to the above goals, the bill would set a target of solar producing 20 percent of the state’s energy needs by 2020 and 30 percent by 2030, as well as remove caps on the amount of solar power customers can sell to the grid.
For wind power, the bill would reduce the amount of time between procurements of offshore wind power to 18 months from 24 months, which would help organization take advantage of federal subsidies that would begin to expire in the next year and a half.
Utilities would be required to increase the rate of renewable energy purchases to three percent per year, up from one percent.
The bill would also give perks such as the use of high-occupancy lanes to drivers of electric vehicles, reduce carbon emissions in the transportation, commercial and residential building sectors, end fracking for 10 years, require the state’s pension fund to sell all fossil fuel holdings.