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Daily Energy Insider: Energy Groups Urge FERC to Examine Carbon Pricing Policies

Posted by Dave Kovaleski on Apr 16, 2020

Daily Energy Insider covered energy industry groups' ask that FERC consider carbon pricing policies in wholesale markets, quoting AEE's Jeff Dennis. Read excerpts below and the entire Daily Energy Insider piece here. 

A coalition of energy industry groups recently urged the Federal Energy Regulatory Commission (FERC) to examine the implications of carbon pricing policies in wholesale electricity markets. The request — submitted by electric power generators, trade associations, and think tank experts — comes at a time when many states are already considering policies that reduce carbon emissions in the electric sector. 

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Topics: AEE In The News

E&E News: The Future was Supposed to be Electric. Is it Still?

Posted by David Ferris and David Iaconangelo on Apr 16, 2020

E&E News covered COVID-19's effect on the electric vehicle and charging industry quoting AEE's Matt Stanberry and AEE members EVgo and Highland Electric. Read excerpts below and the entire E&E News piece here (sub. req.). 

Todd Ritter sounds confident about his charging company's ability to weather the novel coronavirus downturn. But when pressed, he begins to fret. His firm, EV Structure, repairs, installs and operates electric vehicle charging stations from Hawaii to the Carolinas. His crews have plowed ahead through the pandemic. "I'm out there turning screws and busting knuckles. I'm not thinking about it," Ritter said. But he admits those projects are the fruits of old sales...

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Topics: AEE In The News

E&E News: Groups Push FERC on Carbon Pricing

Posted by Arianna Skibell on Apr 15, 2020

E&E News reported a broad coalition of power generators, industry groups and think tanks is pushing FERC to look at impact and options for carbon pricing policies in competitive wholesale electricity markets, quoting AEE's Jeff Dennis. Read excerpts below and the entire E&E News piece here (sub. req.). RTO Insider also covered this story (sub. req.) quoting Jeff Dennis.

More than a dozen energy groups, including utilities NextEra Energy Inc. and LS Power, are calling on the Federal Energy Regulatory Commission to host a conference to consider the agency's options for using carbon pricing in competitive wholesale electricity markets. Electric transmission lines are pictured. A broad coalition of power generators, industry groups and think tanks are pushing the Federal Energy Regulatory Commission to look at cost-effective, market-based ways to address climate change...

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Topics: AEE In The News

Power Generators, Industry Groups, and Think Tanks Ask FERC to Examine Carbon Pricing to Reduce Emissions

Posted by Monique Hanis on Apr 14, 2020

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Broad coalition jointly requests FERC technical conference or workshop to discuss carbon pricing in wholesale electricity markets 

WASHINGTON, D.C., April 14, 2020 — As U.S. policy makers look for cost-effective ways to tackle climate change, a diverse coalition of power generators, trade associations, and think tank experts this week asked the Federal Energy Regulatory Commission (FERC) to examine the policy options and implications of carbon pricing policies in competitive wholesale electricity markets. The request, submitted before FERC by a broad cross section of the electric industry and think tank voices, comes at a time when many states, utilities and electric markets are already considering policies that reduce carbon emissions in the electric sector and grappling with whether to integrate carbon pricing directly into the markets.

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Topics: Press Releases

Sun Sentinel (Opinion): For Florida to Cash in on Solar, FPL’s SolarTogether is Just a Start

Posted by Dylan Reed on Apr 14, 2020

Sun Sentinel published an opinion piece by AEE's Dylan Reed detailing the opportunity for solar energy in Florida building on FPL's new customer option and featuring AEE's Opportunities for Meeting C&I Demand for Renewable Energy in Florida report. Read excerpts below and the entire Sun Sentinel piece here. 

Across the nation, companies are calling for greater access to renewable energy to power their operations as part of corporate sustainability commitments. Historically, however, Florida has lagged behind other states with respect to options for corporate customers to purchase renewable energy. Just recently, Florida was ranked 48th in the country in providing options for businesses to power their operations with renewable energy. Other states offer numerous options for businesses to have access to renewable energy, including working directly with renewable energy developers to power their operations.

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Topics: AEE In The News

Governor Northam Signs Virginia Clean Economy Act

Posted by Monique Hanis on Apr 13, 2020

New law puts Commonwealth on the path to economic recovery and healthy communities; to put tens of thousands of Virginians to work while reaching 100% Clean Energy by 2045

RICHMOND, April 13, 2020 - Gov. Ralph Northam's signature of the Virginia Clean Economy Act (VCEA) makes the Commonwealth the first among Southern states to set a goal of 100 percent low-cost and efficient clean energy by 2045. The Act provides incentives for wind and solar power development, consumer ownership of rooftop solar systems, and steps to make old buildings and new construction more energy efficient. Among the goals set in the Act is a target of 5.2 gigawatts of power to come from offshore wind - enough energy to power 1.5 million Virginia homes.

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Topics: Press Releases

Inside INdiana Business: Study Suggests Economic Boom from Renewable Energy

Posted by Alex Brown on Apr 9, 2020

Inside INdiana Business featured an updated story about a recent AEE report that shows economic benefit of renewable energy to Indiana, quoting Indiana AEE's Caryl Auslander. It appeared in a newsletter for the tech industry. Read excerpts below and the entire Inside INdiana Business piece here

The state director for Advanced Energy Economy in Indiana says a recent report confirms many companies in Indiana are looking for more renewable energy options from their utilities. The report, "Opportunities for Meeting Commercial and Industrial Demand for Renewable Energy in Indiana," says the state could see more than $5 billion in investment and nearly 25,000 new jobs if additional renewable energy options were available. The report was prepared for AEE by independent research and consulting firm Wood Mackenzie. Caryl Auslander with Indiana AEE says Indiana could reap major economic benefits from more renewable energy...

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Topics: AEE In The News

Energy News Network: Virginia Bill will Put More Pressure on Dominion Energy to Justify Cost Recovery

Posted by Elizabeth McGowan on Apr 6, 2020

Energy News Network covered Virginia House Bill 528 that increases state regulators authority over monopoly utilities, and the Virginia Clean Economy Act, quoting AEE's J.R. Tolbert. Read excerpts below and the entire Energy News Network piece here. 

A scantly noticed bill curated by a freshman legislator from northern Virginia elicited giant cheers from Dominion Energy watchdogs when it passed both the Senate and the House of Delegates just seven days before the General Assembly adjourned on March 12. Though overshadowed by the Virginia Clean Economy Act, supporters view the success of House Bill 528 as a momentous first effort to shift power from utility monopolies and toward regulators and ratepayers...

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Topics: AEE In The News

Grist: COVID-19 pandemic is pushing clean energy businesses to the brink

Posted by Sierra Garcia on Mar 31, 2020

Grist's Beacon Newsletter reported on the economic impact of COVID-19 on renewable energy companies referencing AEE's member survey in its daily roundup. Read excerpts below and the entire Grist piece here. 

The COVID-19 pandemic is pushing clean energy businesses to the brink, halting work to make buildings more efficient and install chargers for electric vehicles. The industry group Advanced Energy Economy reported that nearly a third of its members have reduced their workforces because of the virus, and nearly half have been unable to complete work due to the new restrictions...

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Topics: AEE In The News

E&E News: Future Stimulus Bills Could Address Climate. Here's Why

Posted by Jean Chemnick on Mar 27, 2020

E&E News covered the $2 trillion stimulus bill noting AEE CEO Nat Kreamer's open letter to Congress, the administration, and quoting AEE's Dylan Reed. Read excerpts below and the entire E&E News piece here (sub. req.)

The historic $2 trillion rescue bill moving through the House today was probably never going to be a green stimulus bonanza. But when the short-term crisis is over, Congress and the White House will have to turn their attention to the resulting recession, if not depression. And that's when the debate will begin in earnest over whether recovery legislation should create jobs by propping up flagging petroleum and coal producers or by helping the renewable energy sector. It's those recovery packages — which are likely to come over the next year, when the balance of power in Washington may have changed — that will hash out whether companies that tap into federal aid must improve their climate performance...

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Topics: AEE In The News