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On December 30, 2021, the Massachusetts Department of Public Utilities issued an order doubling the Solar Massachusetts Renewable Target (SMART) program. The order extends the declining block incentive program from 1,600 to 3,200 MW of solar capacity – a move expected to create capacity for new projects and release a bottleneck of stagnant projects.
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In the past several months, lawmakers in both the United States and the European Union have introduced legislation to enact carbon border adjustment mechanisms (CBAMs) in their respective jurisdictions. While the US and EU proposals face roadblocks to their adoption (in the US) and full implementation (in both the US and EU), these two landmark initiatives signal a potential shift toward the usage of novel legal and regulatory tools – in this instance from the field of international trade – to promote climate policy.
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Energy-as-a-Service (EaaS) is a rapidly growing business model in which energy service providers offer an assortment of energy-related services to customers. In contrast to the traditional energy model of simply charging customers based upon the number of kWh of electricity used, EaaS business models can include services ranging from energy-related advice to energy equipment installations to energy management.
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Read the latest energy policy updates coming out of the Capitol, including critical energy provisions in the Biden administration’s budget proposal
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