News

New report shows California’s electric transportation-related workforce expected to nearly double by 2024; already 3,900 companies across the state  are involved in electric transportation, while related industries with more than half a million workers have an opportunity to quickly retool and retrain to meet market demand for business and job growth.

SACRAMENTO, CA, April 22, 2021 — Today national business group Advanced Energy Economy (AEE) released a report that shows 3,900 electric transportation-related California businesses dispersed across 55 of its 58 counties as of 2019. Employment in electric transportation (ET) is expected to nearly double by 2024 to an estimated 68,000 workers as demand for electric vehicles (EV) and EV charging infrastructure grows.

New report shows electric transportation-related jobs expected to increase by 83% by 2024; 560 companies across the state already employ 5,200 workers; related industries have opportunity to quickly retool and retrain to meet market demand for business and job growth.

SPRINGFIELD, IL, April 12, 2021 — Today national business group Advanced Energy Economy (AEE) released a report that shows Illinois employs an estimated 5,200 electric transportation-related workers at 560 businesses in 97 of its 102 counties. This figure is expected to increase by 83% by 2024 to an estimated 9,500 workers to meet growing market demand.

Global advanced energy revenue exceeded pharmaceutical manufacturing and was double coal mining; U.S. market was nearly equal to food and beverage stores, nearly double electrical equipment and appliances.

WASHINGTON, D.C., March 25, 2021 — Today, national business group Advanced Energy Economy (AEE) announced that total revenue for advanced energy worldwide reached $1.4 trillion in 2020, growing by 2.5% over 2019, following 7% growth in the year prior. The U.S. advanced energy market hit $240 billion in revenue, down 2%, on par with the U.S. GDP decline, after growing 18% in 2019. Excluding the impact of volatility in ethanol (a subsegment of Advanced Fuels), U.S. advanced energy revenue grew about 8% in both 2020 and 2019.

Arizona bill HB2248, passed by House, revokes the Arizona Corporation Commission’s authority over critical electrical generation rules and policies; SB1459 passed by Senate adds uncertainty in administrative review of ACC rule-making.

PHOENIX, March 3, 2021 – Today, national business group Advanced Energy Economy reacted to Arizona House passage of HB2248* (31-28-1) and Senate passage of SB1459* (16-14 along party lines). HB2248 would revoke the authority to create or enforce rules and policies on “critical electrical generation” from the Arizona Corporation Commission (ACC), the state’s elected regulatory body for utilities and electricity. SB1459 makes it easier for investigations brought forward by the legislature easier to apply to the ACC, disrupting and duplicating current admin review processes.

WASHINGTON, D.C., February 24, 2021— Today, national business group Advanced Energy Economy (AEE) reacted to the U.S. Postal Service's (USPS) decision to procure internal combustion engine fleets rather than all electric vehicles for its next-gen strategy.

"The decision by USPS to start off its next-generation delivery vehicles with last-generation technology is a missed opportunity," said Leah Rubin Shen, federal policy director at national business group Advanced Energy Economy.