Our local gas utility did something exciting yesterday. It broke ground on a community geothermal network.
Instead of selling natural gas for heating, @EversourceMA is piloting a new role for utilities in advancing a low-carbon future.
A few reasons this is so exciting:
1. The cost for geothermal is high, but this strategy allows the utility to shoulder the upfront costs and then charge customers for access to the #geogrid network. It is an approach that has the potential to make geothermal accessible to everyone.
2. Utilities employ or contract with at a lot of people to build and maintain natural gas networks. This pilot shows a future where those workers could run pipes for community geothermal systems, instead of maintaining aging natural gas networks.
3. A community geothermal system serving a mix of residential and commercial customers - like this pilot - is even more efficient than regular geothermal (which is already super efficient). This project will link together 37 homes and 5 businesses in Framingham, Massachusetts.
4. This project shows the power of innovative thinking and partnership. A forward-looking non-profit @HEET_MA hatched this idea a few years ago. So exciting to see their vision getting tested in the field!
On this theme, here is another article on a big ground-source heat pump project to serve another kind of community - an apartment building! @mariagallucci
Since the IRA became law, my students and I have been tracking the response in the US #EV supply chain:
48 new projects 🏗️
$50B in planned investments 💵
37,000 potential jobs
A 🧵with 6 charts…
Investments in the EV supply chain have continued to grow in the past month:
3 new projects
$3.8 billion in capital investment
2,218 new jobs
This includes new projects announced by GM Samsung, Anovion, and Rivian. 2/9
US EV manufacturing capacity is now on track for 5.4 million EVs per year in 2030, with more projects in the pipeline. Once preliminary plans are finalized, production levels could meet the Biden administration’s goal of 50% EV sales by 2030. 3/9
Since the IRA become law, we’ve been tracking how the US #EV supply chain has responded.
My students and I have inventoried publicly announced projects, capital investment, target production and employment levels, and more.
Here is what we’ve learned so far in 8 charts. 1/8
Not surprisingly, the IRA has accelerated investments in the domestic EV supply chain. More than 25 major new projects add up to a potential $32 billion in capital investment and 20,000 new jobs. 2/8
US EV manufacturing is now on track to reach 4.5 million vehicles a year, with more projects in the pipeline. Once preliminary plans announced by Ford, Honda, Volvo, and BMW are finalized, production levels could meet the Biden administration’s goal of 50% EV sales by 2030. 3/8