News

Colorado House passed bipartisan Senate Bill 72, calling for a multi-state regionally interconnected electricity market to improve grid resilience, reliability, and reduce customers’ energy costs.

DENVER, June 3, 2021 — Today, national business group Advanced Energy Economy (AEE) applauded passage of Senate Bill 72* (SB 21-072) by the Colorado House on a strong bipartisan 49-15 vote. SB 72 enables critical investments in the electricity infrastructure needed to reliably transport clean energy across the state and region, and requires state utilities to join a regional transmission organization (RTO) by 2030. Having passed the Senate on a bipartisan vote of 28-6 in April, SB 72 heads to the Governor’s desk. 

Prasanna Venkatesan, EVP and Head of Americas, Landis+Gyr, will chair national business group; three new AEE board members named; immediate past chair and co-founder Hemant Taneja remains a board member of affiliated Advanced Energy Economy Institute.

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.

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. 

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.

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. 

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.

Governor Newsom’s May budget revision doubles proposed funding to $3.2B for the state’s clean transportation programs, securing California’s role as a national leader in electrifying transportation. The revised budget also includes over $900 million to accelerate the state’s progress towards 100% clean energy.

SACRAMENTO, May 14, 2021 — Today, national business group Advanced Energy Economy (AEE) commended California Governor Gavin Newsom for his May budget revision, which increases proposed support for clean transportation and energy programs in the state. The proposed $3.2B clean transportation investments would focus dollars on a range of zero emission priorities including accelerating the transition of heavy-duty vehicles such as trucks and school buses to zero emission, providing multi-year funding support for light-duty incentives for low-income households to afford a ZEV, and expanding electric vehicle infrastructure buildout statewide. The revised budget also includes support for growing and attracting additional ZEV manufacturing to the state, a significant growth opportunity for California. Finally, the budget strategically invests in a suite of activities to accelerate renewable and advanced energy development to promote resilience and reliability.

Senate Bill 448 calls for new investment in transportation electrification infrastructure and a multi-state regionally interconnected electricity market to improve grid resilience, reliability, and reduce energy costs.

CARSON CITY, May 13, 2021 — National business group Advanced Energy Economy (AEE) urged Nevada lawmakers to support Senate Bill 448, which would jumpstart investment in electric transportation infrastructure and reduce energy costs for all Nevadans by requiring state utilities to join a regional transmission organization (RTO) by 2030. The bill also focuses more energy efficiency spending on low-income households to reduce energy costs and levels the playing field by creating tax parity for energy storage to complement the state’s renewable resources.  

Senate Bill 260 would provide comprehensive funding streams for Colorado to accelerate vehicle electrification and modernize the state’s transportation infrastructure.

DENVER, May 13, 2021 — Today, national business group Advanced Energy Economy (AEE) announced its support for Colorado’s comprehensive transportation funding legislation, Senate Bill 21-260*. Approved by the Senate Finance Committee and scheduled for a second Senate Appropriations Committee hearing and likely vote tomorrow, SB 260 calls for investing over $730 million over the next decade to accelerate Colorado’s zero-emission vehicle market.