Recent News

Supply Chain Dive: Jeff Bezos Commits $10B to Climate. How Should He Spend It?

Posted by Catherine Morehouse on Feb 19, 2020

Supply Chain Dive covered Amazon CEO Jeff Bezos recent $10B pledge to fight climate change, quoting AEE President Heather O'Neill. Read excerpts below and the entire Supply Chain Dive piece here. 

Billionaire Jeff Bezos, founder, president and CEO of e-commerce company Amazon, on Monday announced his commitment to providing $10 billion toward fighting climate change. Specifics of the plan were sparse — in his Instagram post announcing the funding, he said the Bezos Earth Fund will provide funding for "scientists, activists, NGOs — any effort that offers a real possibility to help preserve and protect the natural world." He'll begin issuing grants this summer and said the $10 billion is "to start," but doesn't specify how much more he plans to spend or over what time period. Some speculate the billionaire's move was timed to deflect attention from FRONTLINE's release of a documentary that includes criticisms of his technology empire's carbon footprint and rising pressure from the company's employees about not doing enough on climate change...

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Topics: AEE In The News

Florida Daily: Florida Sees Growing Electric Vehicle Market

Posted by Ed Dean on Feb 17, 2020

Florida Daily covered the surge in electric vehicle use across the state quoting AEE's Dylan Reed. Read excerpts below and the entire Florida Daily piece here. 

Industry analysts say Florida has emerged as the nation’s fourth-largest market for electric vehicle (EV) sales. From 2017 to 2018 the number of electric vehicles sold in Florida nearly doubled and the number continues to climb thanks to the Sunshine State’s love of vehicles. According to Dylan Reed, the director of Advanced Energy Economy (AEE), back in July, Florida was home to 21.8 million registered vehicles even though the state that has around 21.5 million people. Reed said he expected the EV market to continue to grow.

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Topics: AEE In The News

Utility Dive: APS Partners with Clean Energy Business Group to Reach 100% Carbon-Free Target

Posted by Robert Walton | Utility Dive on Feb 14, 2020

Utility Dive covered the AEE and Arizona Public Service (APS) announcement of project collaboration to support the utility's goal of producing 100% clean energy by 2050. The piece quotes AEE's Lisa Frantzis. and notes the 13 AEE members participating. Read excerpts below and the entire UD piece here (This piece was also covered by PV Magazine). 

Arizona Public Service has turned to national clean energy business group Advanced Energy Economy for help reaching the utility's 100% clean energy goal by 2050, which will involve shuttering both the Four Corners and Cholla coal-fired power plants. Through the Arizona Clean Energy Future initiative, announced Thursday, APS will receive assistance from 13 companies focused on electrifying transportation, grid flexibility, expanding low-carbon generation capacity and maximizing clean energy use. The utility is also using the partnership to consider carbon capture and modular nuclear generation technologies...

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Topics: AEE In The News

Arizona Public Service, AEE Announce Arizona Clean Energy Future Project

Posted by Monique Hanis on Feb 13, 2020

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Arizona’s largest electricity provider and national business group work with companies to identify and evaluate technologies to meet clean energy goals

PHOENIX and WASHINGTON, D.C., Feb. 13, 2020 – Today, Arizona Public Service (NYSE: PNW) and national business organization Advanced Energy Economy (AEE) announced Arizona Clean Energy Future, a joint project to develop solutions to help APS achieve its ambitious goals for clean energy and support electrification of the transportation sector.

The Arizona Clean Energy Future project involves 13 AEE member companies representing a range of advanced energy technologies and services working with APS to explore and evaluate innovative clean energy ideas and prioritize those that will be most beneficial for APS customers, the Phoenix metropolitan area and the broader region.

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Topics: utility, Press Releases, Arizona

Virginia Senate Passes Landmark Clean Economy Act

Posted by Monique Hanis on Feb 11, 2020

National business group applauds Senate leaders for passing SB 851 that puts Commonwealth on path for 100% clean energy by 2050, saves customers money, and creates tens of thousands of jobs

RICHMOND, Feb. 11, 2020 – Today, national business group Advanced Energy Economy applauded Virginia Senate leaders for passing SB 851 the Virginia Clean Economy Act (VCEA), a bill that puts Commonwealth on a historic path for 100% clean energy by 2050 while saving customers money, and creating tens of thousands of jobs. The vote was 21-19. 

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Topics: Press Releases

Virginia House Passes Historic Clean Economy Act

Posted by Monique Hanis on Feb 11, 2020

National business group applauds House leaders on passage of HB 1526 that puts Commonwealth on path for 100% clean energy by 2050, saves customers money, and creates tens of thousands of jobs

RICHMOND, Feb. 11, 2020 – Today, national business group Advanced Energy Economy applauded Virginia House leaders for passing HB 1526, the Virginia Clean Economy Act (VCEA), a bill that puts Commonwealth on a historic path for 100% clean energy by 2050 while saving customers money, and creating tens of thousands of jobs. The vote was 52-47.  

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Topics: Press Releases

Associated Press: Virginia House Passes Major Renewable Energy Legislation

Posted by Sarah Rankin and Alan Suderman on Feb 11, 2020

Associated Press covered the passage of the Virginia Clean Economy Act in the House and Senate, noting AEE's role supporting the bill. AEE since spoke to reporters about long-term savings to customers (addressing some concerns raised in the story) as Assembly leaders work to reconcile the two bills. Read excerpts below and the entire AP piece here (that also ran in more than 175 news outlets across the nation including The Washington Post). 

The Virginia House and Senate passed sweeping energy legislation Tuesday that would overhaul how Virginia’s utilities generate electricity and, supporters say, move the state from the back of the pack to the forefront of renewable energy policy in the United States... 

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Topics: AEE In The News

Augusta Free Press: Committee Passes Virginia Clean Economy Act, Sends to Senate Floor

Posted by Augusta Free Press Staff on Feb 10, 2020

Augusta Free Press covered passage of the Virginia Clean Economy Act (SB 851) by the House Labor and Commerce Committee quoting Virginia AEE's Harry Godfrey. Read excerpts below and the entire Augusta Free Press piece here. 

The Senate Commerce and Labor Committee voted 12-3 on Sunday to pass SB 851, the Virginia Clean Economy Act. The bill, a companion to HB 1526 that passed the House Labor and Commerce Committee, would enact a plan into law to implement Gov. Ralph Northam’s goal for Virginia to produce 100 percent of its electricity from clean sources by 2050.

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Topics: AEE In The News

Sunday Recap: Virginia Senate Committee Passes Clean Economy Act

Posted by Monique Hanis on Feb 10, 2020

AEE Applauds Senate Committee Passage of
Virginia Clean Economy Act

National business group lauds Senator McClellan for leadership on SB 851 that puts state on path for 100% clean energy by 2050, will create tens of thousands of jobs

RICHMOND, Feb. 10, 2020 – Today, national business group Advanced Energy Economy applauded Virginia Senate leaders for passing SB 851, the Virginia Clean Economy Act (VCEA), out of Senate Commerce & Labor Committee on Sunday afternoon. The vote was 12-3.  

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Topics: Press Releases

E&E News: Coronavirus Threatens the Energy Sector. Here's Why


E&E News covered how the recent Coronavirus in China has negatively affected the U.S. energy market, noting AEE has not observed impact in solar market yet. Read excerpts below and the entire E&E News piece here. 

Since the first reports of the deadly coronavirus, oil prices have stumbled, shipments of U.S. liquefied natural gas have gone undelivered, production of solar equipment has languished, and two manufacturers of electric vehicles — Hyundai and Kia — have halted production at some of their factories. Concerns are now growing about the energy sector as work slowdowns and transportation bottlenecks in China have a ripple effect because of the country's manufacturing dominance and its role as a top consumer of oil and natural gas...

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Topics: AEE In The News

Virginia Mercury: At Senate Panel, a Clash Over the Costs of Shifting Away from Carbon

Posted by Sarah Vogelsong on Feb 9, 2020

Virginia Mercury covered challenges faced by the Virginia Clean Economy Act quoting Virginia AEE's Harry Godfrey who refutes incomplete (and inaccurate) cost analysis by the SCC. Read excerpts below and the entire Virginia Mercury piece here. 

The Virginia Clean Economy Act, the Democrats’ energy omnibus bill designed to achieve Gov. Ralph Northam’s goals of reducing Virginia’s carbon emissions to zero by 2050, sparked sharp questions from senators Sunday over how the costs of shifting away from carbon should be calculated...

The SCC estimates that the Clean Economy Act, which is being backed by a coalition that includes the renewable energy industry, environmental groups and Virginia’s two electric monopolies, will cause the average electric ratepayer’s bill to increase by at least $23.30 per month by 2027-2030. Annually, customers would see a roughly $280 jump in their bills. According to the SCC, the majority of that increase will come from the buildout of 5,200 megawatts of offshore wind and 16,100 megawatts of solar, both of which the legislation would declare to be in the public interest...

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Topics: AEE In The News

Key House Committee Passes Virginia Clean Economy Act

Posted by Monique Hanis on Feb 6, 2020

AEE Applauds House Leaders for Committee Passage of Virginia Clean Economy Act

National business group says HB 1526 puts state on path for 100% clean energy by 2050, would create tens of thousands of jobs

RICHMOND, Feb. 6, 2020 – This evening, national business group Advanced Energy Economy applauded Virginia House leaders for passing HB 1526*, the Virginia Clean Economy Act (VCEA), out of House Labor and Commerce Committee. The vote was 13-9.  

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Topics: Press Releases

Virginia Clean Economy Act Advances from Key Subcommittee

Posted by Monique Hanis on Feb 5, 2020

Environmental and clean energy business groups praise key subcommittee for advancing the Virginia Clean Economy Act

RICHMOND - Following an important subcommittee hearing, environmental and clean energy groups joined in praising members of the House of Delegates for taking bold and meaningful action to address climate change and transform Virginia’s energy economy. Last night, Delegate Rip Sullivan’s Subcommittee of the House Labor & Commerce Committee met and voted to advance HB 1526, the Virginia Clean Economy Act (VCEA).

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Topics: Press Releases

Indy Star: Controversial Coal Bill Passes off the House Floor, Heads to Indiana Senate

Posted by Sarah Bowman on Feb 3, 2020

Indy Star covered Indiana Bill 1414 and its opposition by AEE, business and civil rights groups as it makes its way to the Senate. Read excerpts below and the entire Indy Star piece here. 

The controversial Indiana bill that could delay closing coal plants and raise rates for customers is still alive and on its way to the Senate. In a relatively close vote, House Bill 1414 passed out of the House, 52 to 41. In fact, the vote was tight enough that House Speaker Rep. Brian Bosma, R-Indianapolis, cast a "yes" vote — the speaker does not normally vote unless it will make a difference in the outcome. 

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Topics: AEE In The News

AEE Reacts to Indiana House Vote for Coal Bill

Posted by Monique Hanis on Feb 3, 2020

National business group calls HB 1414 “a bad deal,” as it would undermine market forces and make consumers pay more

WASHINGTON, D.C., February 3, 2020 – Today, national business group Advanced Energy Economy reacted to Indiana’s House passage of HB1414, a bill that would require Indiana Utility Regulatory Commission (IURC) approval before a utility can close a coal plant and offer more money for keeping a 90-day supply of coal onsite. The vote was 52-41.

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Topics: Press Releases

Houston Chronicle: Automakers All In on Electric Cars, Even as Sales Dip

Posted by James Osborne on Feb 3, 2020

Houston Chronicle covered automakers' efforts to promote new EV options, referencing recent Super Bowl ads and the Washington Auto Show (where AEE hosted a special EV press tour) and AEE's Matt Stanberry. Read excerpts below and the entire Houston Chronicle piece here

With slumping global sales and fading government subsidies, the electric vehicle market might appear to be stumbling before it ever really got started. Just don’t try telling that to auto manufacturers, who are only increasing their commitment to a technology that for now occupies a small fraction of a world market dominated by gasoline and diesel-powered vehicles. Witness the Super Bowl.

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Topics: AEE In The News