This potential energy shortage negatively impacts Massachusetts and the region both economically and environmentally.
First, it causes dramatic spikes in the cost of energy during peak demand periods for consumers and businesses. According to an ICF International Study, these spikes are responsible for roughly $1 billion in increased energy costs in New England every year. Soaring energy costs have already caused some companies to leave the Commonwealth, and is an important issue for businesses who are seeking to grow and locate in Massachusetts.
Second, this shortage leaves us reliant on increased use of dirty fuels like coal and oil for generation during periods of high demand. And changes recently proposed at the federal level will only increase the likelihood of coal or oil generation when demand spikes during the cold winter months.
Insert links to ICF International Study