Geothermal systems can lower heating and cooling bills by 20% and slash carbon emissions by 60%.
They may be obvious, but there are a lot of similarities between companies that distribute methane gas — often known as city gas — and companies that manufacture automobiles. Both are essentially prisoners of their own success, unable to move forward into the future because their business model is stuck in the past.
Massachusetts gas utilities are facing tens of billions of dollars in costs to maintain aging gas pipelines, all to keep delivering a fossil fuel that’s incompatible with the state’s climate goals. Advocates of thermal networks say it makes far more sense to channel that money into infrastructure that fits into a carbon-free future — a move that will help the planet and avoid saddling customers with the costs of stranded gas assets.
“College campuses and other communities can build thermal energy networks — but not gas utilities,” Camargo Cortés said. For that to change, utilities and state regulators have to set up pilot projects like the Framingham thermal energy network loop to vet the engineering and economics, she said.
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