In August of 2020, the Massachusetts Department of Energy Resources announced the launch of its Clean Peak Energy Standard (CPES), the first CPES in the nation. This standard is designed to provide incentives for utilities to use clean energy technologies that supply electricity or reduce demand during seasonal peak demand periods. These incentives come on the heels of Governor Charlie Baker’s goal for Massachusetts to reach net-zero greenhouse gas emissions by 2050. The standard requires that the minimum percentage of electrical energy sales with Clean Peak Certificates within the state be no less than 3% in 2021, 16.5% in 2030, and 46.5% in 2050. The Energy Storage Association (ESA) said the reduction in infrastructure costs should save ratepayers $710 million over the next decade and reduce carbon emissions by 560,000 metric tons in the first 10 years.
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Photo courtesy of Massachusetts Department of Energy Resources.
