Approximately one third of Rhode Island’s total energy use each year is in the heating and cooling sector—almost all of which is served by fossil fuels. Not only is fossil-based thermal energy a major contributor to greenhouse gas emissions—a large portion of Rhode Island’s approximately $1.1 billion in annual expenditure on heating fuels flows directly out of the state.
There is a significant opportunity for Rhode Island to diversify the thermal energy economy and scale renewable thermal to reduce greenhouse gas emissions and generate economic development benefits, with cost-effective options for the state’s residents and businesses.
This report assessed U.S. and international best practices for renewable thermal market development and identified 19 policies and market development strategies for Rhode Island that can reduce major barriers and drive renewable thermal market development.
Meister Consultants Group joined Cadmus in October 2017.