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Public News Service: Investments in Electric Vehicles Help Power CA's Recovery

Posted by Suzanne Potter on Jun 18, 2021

Public News Service described how investment in electric vehicles will spur economic growth and create jobs in California, citing comments from AEE’s Ryan Gallentine. Read snippets below and the full article here.

The U.S. economy would see a five-fold return from every tax dollar invested in electric vehicles and the grid, according to a new report.

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Topics: AEE In The News

Colorado Bill Signed into Law Will Accelerate Economic Recovery and Clean Transportation Infrastructure for the State

Posted by Cayli Baker on Jun 17, 2021

With AEE in attendance, Governor Jared Polis signed Senate Bill 260 at ceremony today, providing sustainable funding streams for the state’s vehicle electrification programs and transportation infrastructure over the next decade.

DENVER, June 17, 2021 — Today, national business group Advanced Energy Economy (AEE) joined Colorado Governor Jared Polis for the Senate Bill 21-260* (SB 260) signing ceremony at Floyd Hill. The bill creates three new state electrification enterprises and assures comprehensive transportation funding for the state, investing over $730 million to accelerate Colorado’s zero-emission vehicle market over the next decade. The bipartisan legislation was previously approved by the House on June 2, 2021 by a vote of 41-24.

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Topics: Press Releases

Public News Service: Report: Shift to Electric Vehicles an Economic Boon for Virginia

Posted by Diane Bernard on Jun 16, 2021

Public News Service summarized potential effects of electric vehicle investment in Virginia, citing AEE's market report and comments from Ryan Gallentine. Read snippets below and the full article here. Read coverage on this story from Augusta Free Press here

As negotiations in Congress continue on a federal infrastructure package, a report out today predicts the American Jobs Plan's proposed $274 billion investment to support electric vehicles would boost the nation's economy and create millions of jobs.

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Topics: Virginia, AEE In The News

Investment in Transportation Electrification Could Have Trillion-Dollar Impact on U.S. Economy

Posted by Monique Hanis on Jun 16, 2021

Report shows that each dollar of public investment in electric vehicles, infrastructure, and support results in a nearly $5 return; $274 billion in stimulus would add $1.3 trillion to U.S. GDP, attract private investment, create millions of jobs, and provide savings for consumers and businesses. 

WASHINGTON, D.C., June 16, 2021 — Today national business group Advanced Energy Economy (AEE) released an analysis showing that public stimulus investment of $274 billion in transportation electrification would deliver $1.3 trillion to the U.S. Gross Domestic Product, create 10.7 million jobs (in job years), and generate $231 billion in savings for consumers, governments and businesses, while accelerating the move to electric vehicles.

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Topics: Advanced Transportation, Press Releases

Electrek: US Solar Sets A Q1 Record, But There May Be Trouble Ahead

Posted by Michelle Lewis on Jun 15, 2021

Electrek summarized the record set by the solar industry in the first quarter of 2021 and financial issues facing solar in different parts of the U.S., citing a comment from AEE’s Lisa Frantzis. Read snippets below and the full article here.

The US solar industry installed 5 GW of new capacity in the first quarter (Q1) of 2021. It’s a new Q1 record, and a 46% increase over Q1 2020…

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Topics: AEE In The News

KMBC News: Evergy's Green Energy Plan Fuels Debate in Kansas, Missouri

Posted by KMBC Staff on Jun 14, 2021

KMBC News summarized varying responses to Evergy’s long-term clean energy plans, citing comments from AEE’s Lisa Frantzis. Read snippets below and the full article here.

Kansas' largest electric company expects to make its first big investments in solar energy over the next three years and promises zero net carbon emissions in 2045.

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Topics: AEE In The News

Politico Morning Energy: Clock’s A-Tickin’ on FERC

Posted by Anthony Adragna on Jun 11, 2021

Politico identified potential replacements for outgoing FERC Commissioner, including former AEE staffer, Maria Robinson. Read snippets below and the full report here. Read E&E News coverage on the story here

There could be at least eight potential candidates in the running to replace outgoing Republican Commissioner Neil Chatterjee on the Federal Energy Regulatory Commission and tip the balance toward Democrats…

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Topics: AEE In The News

Governor Sisolak Signs Nevada’s ‘New Energy Economy’ Bill to Drive Electric Transportation Growth, Regional Power Market

Posted by Cayli Baker on Jun 10, 2021

Senate Bill 448 assures new investment in transportation electrification infrastructure and sets up Nevada to lead a regionally interconnected electricity system in the West.

CARSON CITY, June 10, 2021 — Today, national business group Advanced Energy Economy (AEE) applauded Governor Sisolak’s signing of Senate Bill 448,* which jumpstarts investment in electric transportation infrastructure and requires state utilities to join a regional transmission organization (RTO) by 2030. The bipartisan bill was passed by the Assembly on May 31 (vote 32-10), following unanimous approval in the Senate.

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Topics: State Policy, Press Releases

FERC Order No. 2222 Can Drive Innovation, Lower Costs Across the U.S. Considering the Range of Use Cases for Distributed Energy in Wholesale Markets

Posted by Monique Hanis on Jun 10, 2021

In a new report, AEE outlines multiple use cases for distributed energy resources , illustrating the benefits of allowing aggregated DER participation in wholesale electricity markets under FERC’s landmark order.
 
WASHINGTON, D.C., June 10, 2021 – Today, national business group Advanced Energy Economy (AEE) released a report illustrating use cases for distributed energy resources (DER) in wholesale electricity markets that DER aggregators and other stakeholders expect to pursue under the Federal Energy Regulatory Commission’s (FERC) Order No. 2222. These use cases demonstrate how increased DER participation in wholesale markets can improve competition, lower rates, give customers greater choice, and provide needed flexibility to support the reliability and resilience of the electricity grid. In the report, AEE also offers recommendations to guide Order No. 2222 compliance planning efforts currently underway by grid operators to ensure that implementation of the landmark order overcomes barriers that stand in the way of delivering the full value of DERs to customers and regional grid operators.
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Topics: Wholesale Markets, Press Releases

Utility Dive: Duke, Southern Other Utilities Provide More Details to FERC on Proposed Southeast Energy Market

Posted by Catherine Morehouse on Jun 9, 2021

Utility Dive outlined the proposed Southeast Energy Exchange Market (SEEM) and responses from FERC, citing a comment from AEE. Read snippets below and the full article here.

The renewables industry and other stakeholders looking for broader market reforms in the Southeast view SEEM skeptically, but the utilities behind the proposal say the plan is a modest yet important step to using resources in the region more efficiently.

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Topics: AEE In The News