News

Analysis shows $50 billion in stimulus investment would add $400 billion to Pennsylvania’s gross state product, an eight-fold return on investment; increase tax revenues; create jobs; and deliver annual savings to consumers

HARRISBURG, October 20, 2020 – Today, national business group Advanced Energy Economy (AEE) released results of a report that quantified significant economic benefits associated with investments in advanced clean energy deployment for the state of Pennsylvania. The report, which was produced by international economics consultant Analysis Group for AEE, used an industry-standard modeling tool to estimate the impact of investing potential federal stimulus funds in advanced energy technologies, products, and services to boost economic activity in the wake of the COVID-19 slowdown. 

Analysis shows $25 billion in stimulus investment would add six-fold return to Colorado’s gross state product, increase tax revenues, create a million jobs, and deliver annual savings to consumers

DENVER, October 6, 2020 – Today, national business group Advanced Energy Economy (AEE) released a report that quantified significant economic benefits associated with investments in advanced clean energy deployment for the state of Colorado. The report, which was produced by international economics consultant Analysis Group for AEE, used an industry-standard modeling tool to estimate the impact of investing state or federal stimulus funds in advanced energy technologies, products, and services to boost economic activity in the wake of the COVID-19 slowdown.

Analysis shows $100 billion in stimulus investment would add $727 billion to California’s gross state product, increase tax revenues, create millions of jobs, and deliver savings to consumers

SAN FRANCISCO, September 29, 2020 – Today, national business group Advanced Energy Economy (AEE) released results of a report that quantified significant economic benefits associated with investments in advanced clean energy deployment for the state of California. The report, which was produced by international economics consultant Analysis Group for AEE, used an industry-standard modeling tool to estimate the impact of investing state or federal stimulus funds in advanced energy technologies, products, and services to boost economic activity in the wake of the COVID-19 slowdown.

Employers expected strong 5% growth for advanced energy jobs in 2020 before COVID-19 health crisis hit

WASHINGTON, D.C., September 24, 2020 — Today, national business group Advanced Energy Economy (AEE) reported the latest employment data in a new fact sheet showing that Arizona had 69,000 people working in advanced energy in 2019. This represents more workers than those in Schools, Colleges & Training Programs (68,055) and double those in Agriculture & Mining (33,070). Nationwide, there were 3.6 million advanced energy workers.

Advanced energy jobs increased 5% last year, soundly beating state’s overall jobs growth rate

TALLAHASSEE, September 23, 2020 — Today, national business group Advanced Energy Economy (AEE) reported the latest employment data in a new fact sheet showing that Florida had 182,100 people working in advanced energy in 2019. This represents more workers than in Real Estate (148,084) and triple those working in Agriculture (57,336). Nationwide, there were 3.6 million advanced energy workers.

Employers expected strong 6% growth for advanced energy jobs in 2020 prior to pandemic

CHICAGO, September 17, 2020 — Today, national business group Advanced Energy Economy (AEE) reported the latest employment data in a new fact sheet showing that Illinois had 137,300 people working in advanced energy in 2019. This represents more workers than those in Supermarkets & Grocery Stores (113,686) and more than twice those in Real Estate (58,810). Nationwide, there were 3.6 million advanced energy workers.