Corean Reynold was recently appointed the Director of Nightlife Economy for the City of Boston, where she brings a wealth of experience and a passion for fostering an equitable and thriving nightlife ecosystem.
10/04/2023
6:00pm - 7:30pm
Roundhead Brewing Company
Don’t miss our upcoming Government Affairs Forum with Massachusetts State Treasurer Deborah B. Goldberg. Register now!
10/11/2023
9:45am - 11:00am
Bank of America
Learn about new ways of utilizing the professional apprenticeship model to create diverse, sustainable, and scalable talent pipelines.
10/12/2023
10:00am - 11:30am
Edenred
Designed for mid-level managers and supervisors, this new certificate program addresses workplace well-being through unique, innovative, and actionable methods.
Join our Transformational DEI Certificate! Our comprehensive learning & development offerings are designed to connect and grow strong leaders who lead both inside and out of the office.
Our Women’s Leadership Program enables you to take your leadership to the next level by arming you with the most in-demand leadership toolkit.
Our Boston’s Future Leaders (BFL) program provides emerging leaders with a socially conscious and civically engaged leadership toolkit, as well as the opportunity to apply their knowledge through experiential assignments.
Our Economic Inclusion Committee provides strategic support around research, policies, and programs that are focused on building equal opportunity.
We are developing an ecosystem of corporations and partners with the influence and buying power to transform economic inclusion for minority business enterprises (MBEs).
The Fierce Urgency of Now Festival brings Boston’s diverse young professionals together with business leaders, organizations and their peers to build connection, advance careers and ignite positive change.
09/12/2023 -
09/16/2023
Greater Boston
City Awake empowers young professionals in a variety of ways that encourages these rising leaders to stay invested in the region’s future success.
BIMA (the Boston Interactive Media Association) serves a vibrant community of like-minded professionals from agencies, brands, publishers, and ad-tech companies with business interests in the New England market.
For nearly 30 years, the Chamber’s Women’s Network has connected female professionals of all background and career levels. Today, our Women’s Network is the largest in New England, strengthening the professional networks of women each year.
The Massachusetts Apprentice Network convenes employers, training providers, and talent sources interested in developing and implementing apprenticeship programs in occupations across industries and statewide in fields such as tech, advanced manufacturing, healthcare, financial services, and more.
We support small business through public policy initiatives, events designed to connect small businesses in Greater Boston to their peers and established business leaders, professional development offerings, and free small business advising.
Explore our mission and values to better understand how we are leading the business community forward.
Our member directory is your resource to discover, connect, and engage with Boston’s businesses from every industry and sector.
In 2016, Massachusetts Governor Charlie Baker and lawmakers in the legislature enacted a breakthrough clean energy law that required the Commonwealth’s electric distribution companies (EDC) to procure 1,200 megawatts (MW) of hydropower or other land-based clean energy as well as up 1,600 MW of offshore wind energy.
Two years later, the New England Clean Energy Connect (NECEC) transmission project and the Vineyard Wind Connector project have been selected by the EDCs to deliver clean hydropower from Canada and carbon-free electricity generated by wind off the Bay State’s coastline.
As an AVANGRID executive, I’m proud that both winning bids in the Commonwealth’s clean energy competition involved our company. Central Maine Power, a wholly owned subsidiary, and Vineyard Wind, a joint venture with Copenhagen Infrastructure Partners, offered tremendously beneficial energy projects that were cost-competitive and innovative.
More importantly, both projects now will help Massachusetts’ reach mandated clean air benefits that are required under state law while providing direct financial savings to industries and residents who pay for the projects.
According to the Massachusetts Department of Energy Resources, Vineyard Wind’s price was “materially below” projected costs over its 20-year contract while providing an average of 1.4 cents per kilowatt hour (kWh) of “direct savings to ratepayers.” The DOER, which oversaw the clean energy bidding process, noted that the NECEC will provide ratepayers with direct savings that average 1.5 cents per kWh over the course of its 20-year agreement while also suppressing overall prices in the wholesale energy market.
All told, the DOER estimates that the NECEC will create approximately $4 billion in total net benefits for Massachusetts while Vineyard Wind will produce new value worth approximately $1.4 billion.
When thinking about clean energy infrastructure, it’s important to remember Massachusetts’ goals in soliciting projects. The ability to create a decarbonized energy future that is both affordable and resilient rests on Massachusetts’ ability to import commercial-scale renewable energy resources that are abundant outside state borders.
Once operational, the NECEC will provide nearly 20% of electricity consumed in Massachusetts. Vineyard Wind will supplement that with enough energy to reliably power more 450,000 homes. Both projects also provide substantial Greenhouse Gas (GHG) reduction benefits, with the NECEC estimated to reduce carbon dioxide released each year by 413,000 cars and Vineyard Wind lowering annual carbon dioxide output by the equivalent of 325,000 autos.
Both projects will enhance the reliability of the regional power grid, especially the NECEC, which guaranteed delivery of “firm” (i.e., around-the-clock) supplies of hydroelectricity at a fixed price. This benefit will matter most during extreme weather periods when electricity demand peaks and volatile natural gas costs cause the market price of electricity to soar.
Vineyard Wind also will create new jobs in Massachusetts while contributing $15 million to accelerate development of any offshore wind industry in Massachusetts.
Clearly, clean energy matters in Massachusetts. AVANGRID is honored to play a prominent role in helping the Bay State achieve a decarbonized future.
Bob Kump is the President & CEO of Avangrid Networks, subsidiary of AVANGRID, Inc. serving 3.2 million customers in New York and New England.
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