News

Five Case Studies Show How Distributed Energy Resources Can Participate in Wholesale Markets and Provide a Range of Benefits

New report from Advanced Energy Economy demonstrates the benefits of allowing DER participation in wholesale markets, and identifies remaining barriers

WASHINGTON, D.C., September 12, 2019 - Today, national business group Advanced Energy Economy released a white paper outlining case studies of participation in both retail and wholesale markets by a range of distributed energy resources (DERs), including battery storage (both standalone and paired with distributed solar), electric vehicles (EVs), and microgrids. The five case studies explore business models and use cases across the country today, and explain how market rules have limited opportunities for participation.

More Workers in Colorado Advanced Energy Than in Hospitals, Double Those in Mining, Oil & Gas — With Robust 9% Growth Expected in 2019

Colorado advanced energy employment increased to 65,400 workers, growing 4% last year
double the state’s overall jobs growth 

DENVER, September 4, 2019 — Today, national business group Advanced Energy Economy (AEE) released a fact sheet showing that Colorado has 65,400 people working in advanced energy across the state. This represents more workers than those in Hospitals (60,401), and double those working in Mining, Oil & Gas Extraction (28,410) across the state.

More Indiana Workers in Advanced Energy Than in Auto Parts Manufacturing, Nearly Double Those Working at Schools and Colleges — Strong 4% Growth Expected in 2019

Latest employment data shows growth of advanced energy jobs was four times the state’s overall jobs growth in 2018, with a 4% increase expected by employers for 2019

INDIANAPOLIS, August 26, 2019 — Today, business group Indiana Advanced Energy Economy (Indiana AEE) reported the latest employment data, which shows that Indiana has 90,600 people working in advanced energy. This represents significantly more workers than those in Auto Parts Manufacturing (64,873), and nearly double those working at Schools, Colleges, and Training Programs (52,217) across the Hoosier state. The U.S. employs 3.5 million people in advanced energy jobs nationally.

More than 100,000 workers, growth three times Virginia’s overall jobs growth rate, and advanced energy companies expecting to increase jobs by 7% in 2019 — yet obstacles remain

RICHMOND, August 6, 2019 — Today, national business group Advanced Energy Economy (AEE) released a fact sheet showing that Virginia has 101,400 people working in advanced energy. This represents more than those employed by hospitals (98,549), and twice as many as those in real estate (43,181) across the Commonwealth. The U.S. has a total of 3.5 million working in advanced energy jobs throughout the nation.

AEE industry fact sheet reveals compelling commercial and public benefits of electrifying buses and trucks, as adoption begins to take off

WASHINGTON, D.C., July 17, 2019 – Today national business group Advanced Energy Economy released a fact sheet outlining the benefits that private and public fleet operators see in electric vehicles (EVs), and why they are beginning to incorporate them into their medium- and heavy-duty vehicle (MDV and HDV) portfolios. While much industry focus has been on the consumer auto and light-duty markets, new electric bus and truck models are gaining the attention of commercial, municipal, and state fleet operators for their cost and operational benefits.

New report provides 21 case studies of market rules that thwart new 
technologies — some that have been corrected, many that still stand in the way 
of technology-neutral competition on price and performance

WASHINGTON, D.C., May 23, 2019 — Wholesale electricity markets should be technology-neutral, allowing all resources to compete on price and performance. Many market rules are outdated, however, having been designed with older technologies in mind. Such rules can prevent new technologies from selling their services on the open market, which stifles innovation and keeps our electricity system from being modernized for higher performance.

Ohio House Energy and Natural Resource Committee adopts Sub. HB 6, a bill that creates new “electricity tax” on all Ohioans for benefit of FirstEnergy Solutions and owners of old coal plants

COLUMBUS, May 22, 2018 — Today, Ohio House Energy and Natural Resources Committee adopted, on a party line vote, substitute House Bill 6 for consideration, which would create a new “electricity tax” on all Ohioans to bankroll FirstEnergy Solutions’ failing nuclear facilities while gutting the state’s advanced energy standards and threatening the jobs of 112,000 Ohioans working in the advanced energy industry that will power Ohio in the future. A committee vote on the bill is expected tomorrow.

•  In 2018, worldwide advanced energy revenue was equal to global tourism, greater than pharmaceuticals, and double airlines.

• At $238 billion in 2018 revenue, the U.S. advanced energy market is nearly equal to aerospace manufacturing, double the revenue of the biotech industry.
  
  
  

WASHINGTON, D.C., April 25, 2019 – Today, the business group Advanced Energy Economy (AEE) announced that total revenue for advanced energy worldwide was a record $1.6 trillion in 2018, making the industry equal to global tourism, bigger than pharmaceuticals, and twice the size of airlines worldwide. The U.S. advanced energy market hit $238 billion after growing 11% in 2018 – nearly four times as fast as U.S. GDP. Advanced energy is now nearly equal in revenue to aerospace manufacturing, and twice the revenue of the biotech industry. 

WASHINGTON, D.C., April 22, 2019 — Today Advanced Energy Economy (AEE) reacted to Nevada Governor Sisolak signing Senate Bill 358* that increases Nevada’s Renewable Portfolio Standard (RPS). The bill, sponsored by Senator Chris Brooks, requires energy generated and used in Nevada to come from at least 50% clean energy sources by 2030, up from 25% by 2025 previously in state law. It passed unanimously the state Senate and passed the Assembly 40-0 (with 2 absent).

Report from Advanced Energy Buyers Group focuses on practical steps and best practices for states that want to offer ways for businesses to choose renewable energy to power their operations

WASHINGTON, D.C., April 18, 2019 — Of the more than 15 gigawatts (GW) of corporate renewable energy deals done to date, less than 2 GW have occurred through utility programs, with the vast majority of power purchase agreements occurring in states that have competitive wholesale markets. A new report from the Advanced Energy Buyers Group, a business-led coalition of large energy users, explains how states with vertically integrated electricity markets can unlock the many benefits of corporate renewable energy procurement.