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Utility Dive: FERC Should Expand Organized Markets Across the US, Former Chairs and Commissioners Say

Posted by Catherine Morehouse on Jun 3, 2021

Utility Dive summarized support and criticism for a letter encouraging FERC to expand use of RTOs nationwide, citing a critical tweet by AEE’s Jeff Dennis. Read snippets below and the full article here.

A bipartisan group of former federal regulators are calling on the Federal Energy Regulatory Commission to expand organized wholesale power markets across the U.S., urging the commission to flex their full authority under the Federal Power Act.

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Topics: AEE In The News

Targeted Stimulus Investment in Advanced Energy Would Deliver More than $70 Billion to West Virginia’s Economy

Posted by Cayli Baker on Jun 3, 2021

Economic analysis finds $10 billion in targeted stimulus investment would have a seven-fold impact, increasing West Virginia’s gross state product, adding over 433,000 new jobs.

CHARLESTON, June 3 2021 – Today, national business group Advanced Energy Economy (AEE) released an economic assessment that found $10 billion in public investments across a range of advanced energy technologies would increase West Virginia's gross state product (GSP) by $70 billion. This level of targeted stimulus would attract $23 billion in complementary private investment, save customers $4.1 billion annually, and add 433,000 jobs, measured in job-years, for West Virginians.

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Topics: State Policy, Press Releases

Transportation Bill Zooms Through Colorado House, Expanding Access to Zero-Emission Transportation Statewide

Posted by Cayli Baker on Jun 2, 2021

House votes 41-24 to pass Senate Bill 260, providing sustainable funding streams for the state’s vehicle electrification programs and transportation infrastructure.

DENVER, June 2, 2021 — Today, national business group Advanced Energy Economy (AEE) applauded the Colorado legislature for passing comprehensive transportation funding legislation, Senate Bill 21-260*. Approved by the House 41-24, SB 260 will invest over $730 million to accelerate Colorado’s zero-emission vehicle market over the next decade. Having passed concurrence in the Senate, the bill now heads to Governor Polis for his expected signature. 

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Topics: Advanced Transportation, Press Releases

Utility Dive: Nevada Passes Clean Energy Bill Requiring State to Join RTO, Accelerating $2B Transmission Project

Posted by Jason Plautz on Jun 2, 2021

Utility Dive summarized Nevada’s clean energy omnibus bill SB 448, citing AEE’s coalition letter supporting the bill’s RTO language. Read snippets below and the full article here.

SB 448, introduced by state Sen. Chris Brooks, a Democrat from Las Vegas, advances Nevada's goal to reach 100% carbon-free resources by 2050, set in a 2019 bill that also raised the state's Renewable Portfolio Standard to 50% by 2030. The new bill goes further, requiring utilities to forecast a path to achieve an 80% reduction in carbon dioxide emissions from 2005 levels by the end of the decade. 

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Topics: State Policy, AEE In The News

Advanced Energy Jobs Poised for Growth in States Around the Country

Posted by Monique Hanis on Jun 2, 2021

New fact sheets on 14 states show that advanced energy industry is a large employer, with job growth of 6% to 8% predicted for this year.

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Topics: State Policy, Press Releases

Nevada Legislature Passes New Energy Economy Bill, Driving Electric Transportation Growth and Supporting Regional Power Market

Posted by Cayli Baker on May 31, 2021

Previously approved by the Senate unanimously, Senate Bill 448 passes Assembly on vote of 32-10, creating new investment in transportation electrification infrastructure and a multi-state regionally interconnected electricity market to improve grid resilience

CARSON CITY, May 31, 2021 — Today, national business group Advanced Energy Economy (AEE) applauded the Nevada Assembly for passing Senate Bill 448* by a 32-10 vote following unanimous Senate approval on May 20. Demonstrating the bipartisan appeal of the new energy economy, this major bill will jumpstart investment in electric transportation infrastructure and require state utilities to join a regional transmission organization (RTO) by 2030, creating jobs and reducing energy costs for all Nevadans. The bill now heads back to the Senate for concurrence, and then will go to the Governor’s desk for signature. Its approval will drive significant short- and long-term economic development by spurring in-state critical energy infrastructure, renewable energy generation, and electric vehicle infrastructure projects. 

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Topics: Press Releases

PV Mag: Proposed Bill That Could Gut California Rooftop Solar Draws Fire

Posted by Tim Sylvia on May 28, 2021

PV Mag outlined a California bill that would gut rooftop solar, citing AEE’s coalition letter opposing the measure. Read snippets below and the full story here

The bill would significantly cut net metering rates paid to rooftop solar customers, and also revise long-term rates and other protections that were promised to existing rooftop solar customers.

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Topics: AEE In The News

Arizona Corporation Commission Revives Clean Energy Rules

Posted by Cayli Baker on May 26, 2021

ACC moves clean energy rules forward with two new proposed amendments at its Wednesday Contingency Meeting

PHOENIX, May 26, 2021 — Today, national business group Advanced Energy Economy (AEE)applauded the passage of the Arizona Corporation Commission (ACC) Energy Rules in the ACC’s Contingency Meeting.

 

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Topics: Regulatory, Press Releases, Arizona

The Virginia Pilot (Opinion): Dominion’s Power Decision Leaves Virginia with Questions

Posted by Harry Godfrey on May 26, 2021

The Virginia Pilot ran Virginia Advanced Energy Economy Director, Harry Godfrey’s opinion piece on Dominion’s exit from the PJM capacity market. Read snippets below and the full article here.

Earlier this year, America watched in shock as the Texas electrical grid all but collapsed in the midst of an historic winter storm. With power plants and pipelines hobbled by cold weather, Texans were left to huddle in their homes for days without light, heat and, in many cases, running water. Could that happen in Virginia?

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Topics: Virginia, AEE In The News

Virginia Mercury: Dominion’s Exit from Regional Capacity Market Raises Some Eyebrows — And Questions

Posted by Sarah Vogelsong on May 25, 2021

Virginia Mercury outlined Dominion Energy's withdrawal from the regional capacity market, quoting AEE's Jeff Dennis on Dominion’s exit. Read snippets below and the full story here

Citing a controversial federal order that made it difficult for renewables to compete against traditional fossil fuel power plants in regional electricity markets, Dominion Energy this spring withdrew all its Virginia resources from the regional capacity market run by PJM, which coordinates the electric grid in all or part of 13 states and Washington, D.C. 

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Topics: AEE In The News