@EfficiencyMaine And over the three years of investments, the lifetime net societal benefits are about $1.5 billion dollars.
Efficiency and electrification pay.
You can check out the whole plan here: https://t.co/VqKf3WgYNO
Hey kids! Have you heard of “beneficial electrification”? It’s the idea that using more electricity (and less fossil fuels naturally) can in some cases maximize the use of our existing electric grid, spreading costs more broadly, and actually lowering rates!
@EfficiencyMaine If you go beyond just rates, the plan includes between $135 and $209 million per year in investments from both @EfficiencyMaine & program participants (for example, homeowners using a heat pump incentive, but also paying a share themselves).
Things that have been talked about for a long time that are becoming real #1: https://t.co/p8rbUX07ok
Overall, distributed energy resources could be worth billions in avoiding expensive grid upgrades in New England alone...
JUST ANNOUNCED 🚨 We have announced the country’s first research lease for floating offshore wind energy.
This will allow experts to study the potential of floating wind turbines as a renewable energy source.
More: https://t.co/UaFztEWVzb
.@BOEM awarded the State of Maine a research lease for its floating #OffshoreWind research array today. https://t.co/3vEKt0dOae
Recent analysis by Synapse showed that the array would provide:
@climatejobs Policy matters, and anniversaries like this are good reminders to celebrate how far we’ve come, while recommitting to the work still to do, for ourselves, and for all future generations of humanity.
Well happy mid-August everyone! Did you know that today is the second anniversary of the biggest piece of climate legislation in the history of the world: the Inflation Reduction Act (IRA)? Well it is! Let’s check out what we know about how it’s going so far.
@climatejobs Climate is hard. The fight is long. Some damage is irreversible and already here. But we’re also closer than we’ve ever been to transforming our energy system in a way that saves money, protects health, and avoids the worst impacts of climate change.