in News Departments > New & Noteworthy
print the content item

Vermont's renewable energy businesses are calling for the state to meet 20% of its total energy consumption with renewable energy, conservation and efficiency by 2020, according to Renewable Energy Vermont (REV).

REV's board of directors laid out the near-term "20 by 2020" goal to its membership at the business group's annual conference and exposition Tuesday. The group says the goal is critical to address climate change, strengthen the local economy and meet Vermont’s Comprehensive Energy Plan, which calls for the state to get 90% of its energy from renewable sources by 2050 across all sectors, including its transportation and thermal heating and cooling needs.

"Vermont has set an ambitious goal, and we can't simply wait to take steps toward meeting it. States all around us, New York and Massachusetts among them, have similarly ambitious goals,” says REV Executive Director Gabrielle Stebbins. “By setting the near-term goal of 20 percent by 2020, we can begin the path to a more renewable and energy-secure Vermont."

According to REV, across all energy sectors - electrical, transportation and thermal uses - Vermont consumes 5,000 MW of energy, with approximately 11% (550 MW) of it coming from renewables.

By 2020, the group estimates that Vermont will need to conserve, supply or contract for 450 MW of new energy through investments in renewable, conservation and efficiency. REV recommends 158 MW of solar, 112 MW of conservation, 68 MW of wind, 63 MW of efficiency, 45 MW of bioenergy and 4 MW of hydro.

In addition, REV has outlined specific policy recommendations for achieving the 20% by 2020 goal, including expanding Vermont's Standard Offer Program to deliver an expansion of community-scale solar and wind up to 5 MW; establishing a carbon tax on fossil fuel emissions; and implementing a renewable portfolio standard on par with other states in the region.



Mortenson Construction_id2024

Trachte Inc._id1770
Latest Top Stories

Recapping The Wind Industry's Third-Quarter Deals

Mercom Capital Group recaps investment and merger and acquisition activity during July, August and September.


Yearly Installed Capacity Figures Already Beat 2013 Numbers, More Wind On The Way: AWEA

While the American Wind Energy Association (AWEA) lobbies Congress to extend the production tax credit, the association notes wind projects now under construction signal a vibrant 2015.


Yahoo Inks Contract To Buy Kansas Wind Power

The Internet company plans to log in to the Alexander wind project, which is being built by community developer OwnEnergy.


Could Initial Offshore Wind Projects Crash New England's REC Market?

Some are concerned that the first offshore wind projects could negatively impact pricing of renewable energy credits (RECs) in New England.


Catching Up With The DOE's Down-Select Offshore Winners

The three recipients of key U.S. Department of Energy (DOE) funding provide updates on their offshore wind demonstration projects.

Canwea_id1984
Renewable NRG_id1934