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NEXT-GEN ENERGY A Balanced Approach To Massachusetts’ Energy Future Governor Mitt Romney PowerPoint Presentation
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NEXT-GEN ENERGY A Balanced Approach To Massachusetts’ Energy Future Governor Mitt Romney - PowerPoint PPT Presentation


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NEXT-GEN ENERGY A Balanced Approach To Massachusetts’ Energy Future Governor Mitt Romney. MASSACHUSETTS’ ENERGY CHALLENGES 2006-2016. NEXT-GEN ENERGY. Next-Gen Energy is a Plan to Control Our Energy Future: Reduce consumption Increase and diversify supply through renewable energy

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Presentation Transcript
next gen energy
NEXT-GEN ENERGY

Next-Gen Energy is a Plan to Control Our Energy Future:

  • Reduce consumption
  • Increase and diversify supply through renewable energy
  • Fix our infrastructure problems
  • Promote an advanced energy technology sector
reducing consumption takes a major step towards closing our gap
REDUCING CONSUMPTION TAKES A MAJOR STEP TOWARDS CLOSING OUR GAP

Incre-mental New Peak MWs of Gene-rating Capacity

Peak Demand Growth

Megawatts Contributed by Energy Resources in the Plan

Time-of-Day Pricing-Res. & Sm. Bus.

Real-Time Pricing-Lg. Businesses

Negawatts Market

Conservation Lottery

renewables a realistic component of our future energy supply
RENEWABLES: A REALISTIC COMPONENT OF OUR FUTURE ENERGY SUPPLY

Megawatts Contributed by Energy Resources in the Plan

Incremental New Peak MWs of Generating Capacity

Peak Demand Growth

distributed generation infrastructure helps close the gap
DISTRIBUTED GENERATION INFRASTRUCTURE HELPS CLOSE THE GAP

Incremental New Peak MWs of Generating Capacity from Distributed Generation

Peak Demand Growth

Megawatts Contributed by Energy Resources in the Plan

advanced energy technologies could make a major contribution example deepwater offshore wind
ADVANCED ENERGY TECHNOLOGIES COULD MAKE A MAJOR CONTRIBUTION:EXAMPLE – DEEPWATER OFFSHORE WIND

Incremental New Peak MWs of Generating Capacity

Megawatts Contributed by Energy Resources in the Plan

Peak Demand Growth

these four steps are a balanced approach to our energy future
THESE FOUR STEPS ARE A BALANCED APPROACH TO OUR ENERGY FUTURE

Megawatts Contributed by Energy Resources in the Plan

Our Plan’s total contribution of energy resources stays ahead of growing demand for electricity

Wind – Deepwater Offshore

Time-of-Day Pricing-Res/ Sm. Bus.

Wind – Shallow Water

MWs of Generating Capacity

Projected peak MW demand curve

Wind on State Property

Real-Time Pricing-Lg. Businesses

Hydropower

Wind – Accl. Private

Biomass

Negawatts Market

Distributed Generation

Conservation Lottery

ISO-NE Demand Forecast

  • 1,423 MW of EE and Demand Response
  • 1,198 MW of New Generation*

* Generation does not include potential of Deepwater Offshore Wind

these four steps will pay for themselves
THESE FOUR STEPS WILL PAY FOR THEMSELVES

Annual

Costs and

Savings

Plan yields Net Savings over 10 years of $575 million

Benefits

Costs

Net Costs