Publish Date: August 1, 2018
Advanced energy resources are already modernizing our economy and energy system. Today, the industry stands at $200 billion in annual revenue supporting 3.4 million jobs across the United States.
Without counting ethanol revenue, which has been in decline in recent years, the U.S. advanced energy market grew 5% percent in 2016, three times the growth of U.S. GDP. Growth is expected to continue as costs decline rapidly in renewable energy, energy storage systems, and electric vehicles, among other technologies.
Now is the time for Congress to pick up the torch. That is why Advanced Energy Economy (AEE) and Citizens for Responsible Energy Solutions (CRES Forum) teamed up to offer, for Congress’s consideration, five ways to improve the electric power system and accelerate growth from energy innovation.
These ideas would benefit various technologies, but all represent opportunities to embrace innovation and make the power grid our economy relies on secure, clean, and affordable.
Please fill out the form to download the policy paper.