Washington, D.C. — TechNet, the national, bipartisan network of innovation economy CEOs and senior executives, today urged Massachusetts lawmakers to support new legislation that would create a cheaper, more reliable, and more efficient way to deploy energy across the commonwealth. The Clean Peak Standard would stimulate the development of new resources, including energy storage, demand response and renewable energy, to meet demand in high-priced, high emitting peak hours. Deploying these resources and reducing peak demand will lower costs and emissions.
“We are grateful to Chairman Golden for his leadership in introducing this legislation. A Clean Peak Standard will help address several energy challenges Massachusetts is facing, including costs, reliability, and emissions, and will further cement Massachusetts’ role as a national leader in the clean energy economy,” said Andrea Deveau, TechNet’s Vice President of State Policy and Politics. “Local energy policy factors into where our members locate and grow their businesses, and we urge the legislature to support the Clean Peak Standard.”
Earlier this year, the Independent System Operator of New England concluded that the New England region faces serious reliability risks in coming years. In its analysis, it found “all but four scenarios result in fuel shortages requiring rolling blackouts, indicating the trends affecting New England’s power system may intensify the region’s fuel-security risk.” Increasing the deployment of non-fossil fuel resources will diversify the region’s energy sources and reduce dependence on constrained pipelines.
In February, TechNet and the Energy Storage Association co-authored an op-ed in Commonwealth Magazine calling for Massachusetts lawmakers to support new energy technologies like energy storage.
About TechNet
TechNet is the national, bipartisan network of technology CEOs and senior executives that promotes the growth of the innovation economy by advocating a targeted policy agenda at the federal and 50-state level. TechNet’s diverse membership includes dynamic startups and the most iconic companies on the planet and represents three million employees and countless customers in the fields of information technology, e-commerce, the sharing and gig economies, advanced energy, cybersecurity, venture capital, and finance. TechNet has offices in Albany, Austin, Boston, Chicago, Olympia, Sacramento, San Francisco, Silicon Valley, Tallahassee, and Washington, D.C.