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Biden Infrastructure Plan Will Drive Economic Recovery While Accelerating Shift to 100% Clean Energy Future

Posted by Monique Hanis on Mar 31, 2021
WASHINGTON, D.C., March 31, 2021 – Today, national business organization Advanced Energy Economy (AEE) applauded details released by the White House of President Biden's proposed infrastructure investment, The American Jobs Plan, expected to be formally presented by the President in Pennsylvania later today. Along with remarks by CEO Nat Kreamer, AEE shared its stimulus policy priorities and related recent industry reports demonstrating the economic gains of investment in advanced energy deployment, including the electric transportation supply-chain and latest U.S. industry growth data.
 

"Advanced Energy Economy applauds President Biden’s bold and ambitious vision for investing in America’s infrastructure, rebuilding our economy, and tackling climate change," said Nat Kreamer, CEO of AEE. "Investing in domestic manufacturing of advanced energy technologies and accelerating electrification of our transportation sector will position America not only to recover economically but to emerge even stronger."

"Already supporting 3.6 million jobs, the advanced energy industry presents opportunities to invest quickly in projects that will benefit the health, security, and prosperity of communities for generations," said Kreamer. "The President’s proposal represents a roadmap to improve the way we move and do business and matches the scale of investment needed to support our transition to a 100% clean energy future."

Background Materials

  • Mar. 25, 2021 Report: In 2020, Advanced Energy Revenue Reached $1.4 Trillion Worldwide; U.S. Market Totals $240 Billion, Advanced Energy Now 2021 Market Report summary highlights, link to full report are here.
  • Feb 24, 2021: Here's How to 'Build Back Better' with Advanced Energy Investment post is here, link to AEE economic stimulus priorities are here
  • Oct. 29, 2020: Federal Stimulus in Advanced Energy: Here's What it Would Mean in Eight States summary post with report links is here.
  • Dec. 15, 2020: Texas Has a Growing Electric Vehicle Supply Chain, Ripe for Driving Economic Gains summary with report link is here.
  • June 8, 2020: A Supply-Chain is Growing for Electric Transportation. Here's What It Could Do for One State (Pennsylvania) post is here.
  • Apr. 22, 2020: At 3.6 Million Jobs in 2019, Advanced Energy Was Growing. Then the Pandemic Hit post is here.
About Advanced Energy Economy
Advanced Energy Economy (AEE) is a national association of businesses that are making the energy we use secure, clean, and affordable. AEE is the only industry association in the U.S. that represents the full range of advanced energy technologies and services, both grid-scale and distributed. Advanced energy includes energy efficiency, demand response, energy storage, wind, solar, hydro, nuclear, electric vehicles, and more. AEE’s mission is to transform public policy to enable rapid growth of advanced energy businesses. Engaged at the federal level and more than a dozen states around the country, AEE represents more than 100 companies in the $238 billion U.S. advanced energy industry, which employs 3.6 million U.S. workers. AEE's PowerSuite online platform allows users to track regulatory and legislative issues in state legislatures, U.S. Congress, state PUCs, RTOs/ISOs, and FERC. Sign up for a free trial at powersuite.aee.net. Follow us at @AEEnet.

Topics: Press Releases