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Washington Examiner: Trump appointee becomes leading climate problem solver

Posted by Josh Siegel on Oct 29, 2020

The Washington Examiner covered the record of the Trump-appointed FERC chairman Neil Chatterjee on climate and carbon pricing, quoting AEE's Jeff Dennis. Read excerpts below and the full piece here.

Neil Chatterjee, a Kentucky Republican, used to be known as Mitch McConnell’s coal guy, eager to advance President Trump’s pro-fossil fuel agenda as chairman of an obscure but powerful regulatory agency. Now, as he nears the potential end of his chairmanship of the Federal Energy Regulatory Commission, Chatterjee is staking a claim as one of the government’s leading problem solvers on addressing climate change.

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Topics: AEE In The News

Utility Dive: Election 2020: States accelerated renewables under Trump. Could a Biden win slow that?

Posted by Emma Penrod on Oct 29, 2020

Utility Dive reported on impacts of a Biden presidency on the renewable energy sector on the state level, quoting AEE's JR Tolbert. Read excerpts below and the full piece here.

The bipartisan push in favor of more renewable energy deployment at the state level could evaporate under a Biden administration that may lean toward federal mandates, experts say. In 2018, Colorado was among a handful of states where energy and climate policy headlined state elections and led to Democrats seizing control of the state house, senate and governor's office. This year will be different.

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Topics: AEE In The News

Washington Examiner: As Pennsylvania shale industry takes center stage in presidential campaign, report suggests state should look at alternative energy sources

Posted by Steven Lerner on Oct 28, 2020

The Washington Examiner covered the potential impact of advanced energy stimulus in Pennsylvania, quoting AEE's Daniel Bloom. Read excerpts below and the full piece here. The Center Square story was published by 9 other news outlets including WFMZ-TV News here.

Clean energy has the potential to be a leading driver of economic growth for Pennsylvania as it recovers from the pandemic, according to a new report from the national business group Advanced Energy Economy. Under a scenario where Pennsylvania receives a $50 billion stimulus investment, the report says the state would achieve an economic return of $400 billion. This scenario would also yield $20 billion in annual consumer savings and more than $20 billion in additional tax revenue.

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Utility Dive: Biden win could double annual solar deployments, increase financial impacts to utility customers — S&P

Posted by Emma Penrod on Oct 28, 2020

Utility Dive covered a recent S&P report on the impact of a Biden presidency on clean energy in the U.S., quoting AEE's J.R. Tolbert. Read excerpts below and the entire piece here.

A victory by the Biden administration could nearly double the annual rate of solar deployment in the U.S., according to a new report by S&P Global Ratings, but the presidential candidate's pragmatic approach to the nation's ongoing energy transition could result in a more gradual implementation to minimize financial impacts to customers.

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Topics: AEE In The News

Utility Dive: Election 2020: Trump's FERC may need to shift course on clean energy, though Biden's road will not be easy

Posted by Catherine Morehouse on Oct 27, 2020

Utility Dive covered the impact of the coming presidential election on FERC, quoting AEE's Jeff Dennis. Read excerpts below and the full piece here.

The rapid evolution of the power grid will require the attention of one critical agency —  the Federal Energy Regulatory Commission. And observers say no matter what happens Nov. 3, the agency will have no choice but to address the industry's transition, even if it means backing away from some of its more controversial policies.

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Topics: AEE In The News

GTM Squared: Arizona’s Shifting Approach to Distributed Energy: Reaching Across the Utility-Customer Divide

Posted by Jeff St. John on Oct 23, 2020

GTM Squared reported on how the changing role of distributed-level solar will help Arizona reach its climate targets, referencing AEE. Read excerpts below and the full piece here (sub. req.).

A state known for utility fights against rooftop solar is now taking steps to enlist customers in balancing a clean-powered grid. Arizona is one of the most solar-saturated states in the country, ranking fifth in overall solar capacity and third for residential rooftop solar. It’s also one of the hottest states in the country, with climate change pushing that heat to record levels this summer. This combination is pushing the Republican-dominated state’s energy policies in increasing alignment with its Democratic-controlled, solar-rich and climate-change-wracked neighbor to the west.

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Topics: AEE In The News

REPORT: Stimulus Investments in Advanced Energy Would Deliver More Than $170 Billion to Florida’s Economy

Posted by Monique Hanis on Oct 22, 2020

Analysis shows $45 billion in stimulus investment would add $174 billion to Florida’s gross state product, a four-fold return on investment; increase tax revenues; create jobs; and deliver annual savings to consumers

TALLAHASSEE, October 22, 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 Florida. 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.

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Topics: Press Releases

Indianapolis Star: Biden puts climate change at center of his campaign. Here's what it could mean for Indiana.

Posted by Sarah Bowman on Oct 21, 2020

The Indy Star covered the positive effects of Biden's proposed climate plan on Indiana's economy, referencing AEE's Indiana Jobs report. Read excerpts below and the full piece here.

Democratic nominee Joe Biden has made climate change an integral component throughout his platform, even closely tying his plan for economic recovery from the pandemic to combating the climate crisis...

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Topics: AEE In The News

Stimulus Investments in Advanced Energy Would Deliver More Than $200 Billion to Arizona’s Economy

Posted by Monique Hanis on Oct 21, 2020

Analysis shows $15 billion in stimulus investment would add $209 billion to Arizona’s gross state product, a 14-fold return on investment; increase tax revenues; create jobs; and deliver annual savings to consumers

PHOENIX, October 21, 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 Arizona. 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.

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Topics: Press Releases

Dominion Plan Fails to Provide Energy Savings that Would Lower Costs to Virginia Customers

Posted by Monique Hanis on Oct 20, 2020

Utility’s resource plan fails to incorporate energy efficiency efforts similar to those of comparable utilities in other states and does not meet intent of the VCEA, resulting in $1 billion in higher electricity costs for Virginia customers

RICHMOND, October 20, 2020 — Today Virginia Advanced Energy Economy (Virginia AEE) submitted comments to the State Corporation Commission stating that Dominion Virginia’s 2020 Integrated Resource Plan (IRP) falls short in leveraging lower cost energy efficiency resources in its proposal to meet the Commonwealth’s projected energy needs. The utility's plan fails to incorporate energy efficiency efforts similar to those of comparable utilities and does not achieve the intent of the Virginia Clean Economy Act (VCEA), resulting in $1 billion in higher electricity costs for Virginia customers.

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Topics: Press Releases