Posts made in January 2019

Pope Energy Comments on Offshore Wind and the Vineyard Wind Connector

Mr. Matthew Beaton, Secretary of Energy and Environmental Affairs
Executive Office of Energy and Environmental Affairs (EEA)
MEPA Office Purvi Patel, EEA No. 15787 (Vineyard Wind Connector)
100 Cambridge Street, Suite 900
Boston, MA 02114

Re: Support for Offshore Wind and Vineyard Wind Connector

Dear Secretary Beaton and Ms. Patel,

I am writing today in support of the Vineyard Wind Connector, which would bring 800 MW of
clean, renewable energy from the country’s first commercial-scale offshore wind project onshore
in Barnstable, Massachusetts. The Final Environmental Impact Report (FEIR) submitted by
Vineyard Wind reflects refinements and improvements to the company’s initial proposal and
demonstrates their commitment to working collaboratively with local communities to deliver real
benefits to the state.

As a solar developer whose companies have been doing business in the Commonwealth since
1979, I understand the critical importance of policy leadership in providing a foundation upon
which new industries can grow and thrive. Similar to the Commonwealth’s early work on solar,
Massachusetts is leading the nation’s efforts to establish a vibrant and robust offshore wind
industry. We stand to capture significant economic and job creation benefits as a result. In fact,
the recent news regarding MHI Vestas’s decision to open its US headquarters in Boston shows
that our efforts are already bearing fruit.

At the same time, offshore wind will go a long way to ensuring we meet the emission reduction
targets set established by the Global warming Solutions Act. The FEIR notes that Vineyard
Wind’s project will reduce New England’s electricity sector emissions by as much as 1.6 million
tons per year. The project also stands to lower electricity prices and could deliver total benefits
worth more than $1.4 billion dollars.

In light of the potential benefits, limited environmental impacts, and Vineyard Wind’s track record
of listening to and working with local communities, I strongly encourage you to allow Vineyard
Wind Connector to move forward.

In addition to approving the project, the Baker administration should use the 2% per year rate of
increase in the state’s renewable portfolio standard in the planning for a smarter grid, together
with a commitment to install 25% of solar generation in Massachusetts. Longer term policies
and regulations need to be established today for both small and larger scale solar and wind plus
storage through 2030. Taken together, policies like these have the potential to do even more to
positively transform our energy system, lower costs for all ratepayers, and significantly reduce
greenhouse gas emissions in the region.

Thank you for your consideration.

Sincerely,
Doug Pope
President

U.S. Energy Storage Market on the Rise

Current projections estimate that the U.S. energy storage market will reach a value of $4.5 billion by 2023. The third quarter of 2018 had almost twice the scale or projects reported from the third quarter of 2017 showing the level of swift advancement within the industry.

Here at Pope Energy, we pride ourselves on our advocacy for renewable energy initiatives across the state that fosters this expansion. In light of the booming energy storage market and the increase of available incentive programs, now is the perfect time to contact us to discuss the benefits of a large-scale solar project!

Renewable Energy StorageHow Massachusetts is making an impact in energy storage

The Solar Massachusetts Renewable Target Program (SMART) aims to double the state’s solar power capacity. The strategy to reach this goal is to make more solar projects viable by providing tiered incentives to promote solar, with additional benefits if storage is attached.

Adding inducements specific to storage encourages more projects to include that element in their plans, which contributes to greater overall solar capabilities of the state.

Massachusetts’ installed storage to increase exponentially in 2019

The U.S. Energy Storage Monitor reports that Massachusetts’ installed storage is forecasted to increase from 5.4 MW in 2018 to 54 MW in 2019. The report categorizes the SMART Program as a “massive near term opportunity for solar-plus-storage.” Favorable regulations for emerging technologies in the energy storage industry contribute immensely to the expansion level we are seeing right now. While these energy-advantageous laws are in effect is the perfect time to discover the benefits of renewable energy storage.

Across the country, energy storage is increasingly being recognized for its economic potential. The future of energy storage in the United States is on the rise, rapidly expanding each quarter. To find out more about the SMART Program and how you can become part of this growing market, please contact us! With all of the incentive opportunities available, now is the time to explore the advantages the renewable energy sector can provide.

Key Benefits of Incorporating Solar into Industrial Facilities

Advancements in technology and favorable regulations have drastically increased the viability of solar for a wide-array of businesses. If you are thinking about incorporating solar energy into your large-scale project or industrial or commercial facility, Pope Energy can make that a reality.

Let’s explore some of the numerous benefits your company could take advantage of by switching to solar.

Environmental

The most obvious benefit of solar energy is of course reducing your company’s carbon footprint and environmental impact. Unlike fossil fuels, the source of energy used is limitless and does not generate harmful byproducts like pollution. Harnessing the power of the sun allows the need for a stable and inexhaustible power source to be met, while simultaneously contributing to sustainability goals.

Commercial Solar PanelsEconomic

While moving to renewables is a necessary goal, businesses must weigh that consideration against economic needs. Luckily, solar power can also financially benefit your company. The cost per kilowatt-hour has decreased to at or below other energy sources, with researchers predicting solar to completely undercut other fuels for the same power by 2020.

Federal subsidies lower the average cost of solar to $.08 per kilowatt-hour and long-term predictions anticipate a fixed rate below $.10. The availability of state subsidies can reduce this cost even more!

While there is an initial investment in solar systems, prices have been shrinking significantly over time. Moreover, commercial users have the added benefit of the economies of scale dynamic. This means the cost per watt paid for a solar system decreases as the size of the system increases.

Solar is expected to undercut the competition in coming years, so investing in the installation of these technologies today while other incentives are in place will put you ahead of the curve. Investment now is a sure way to save your company money on future energy costs.

Reliability

With all the economic and environmental benefits to solar, why might some still be skeptical?

The ability to provide power when the sun isn’t shining may be an area of uncertainty for people. Storage solutions are a major innovation area for solar power that can be utilized day or night, rain or shine. Additionally, commercial solar users tend to require higher amounts of energy during the day when energy production is at its peak making it a quality energy source for daytime businesses. Utility Demand Charges are capable of being reduced with the inclusion solar + storage and the economic capabilities of battery storage are forecasted to expand in the near future.

Assessing your company’s needs and the availability of technological advancements in storage will ensure you have a consistent reliable power source regardless of outdoor conditions.

These are just some of the many advantages of transforming your company’s energy source to solar. Contact us so we can further discuss the specific needs of your solar project and any potentially applicable subsidies your company could use to save even more. Please call 855-767-3363 today!