News

WASHINGTON, D.C., November 3, 2020 — Today national business group Advanced Energy Economy (AEE) released a statement about the importance of today's election on the nation's transition to more affordable, clean and secure advanced energy resources. All remarks are from Nat Kreamer, AEE's CEO:

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.

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.

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.

Analysis shows $50 billion in stimulus investment would add $400 billion to Pennsylvania’s gross state product, an eight-fold return on investment; increase tax revenues; create jobs; and deliver annual savings to consumers

HARRISBURG, October 20, 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 Pennsylvania. 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. 

Analysis shows $10 billion in stimulus investment would add $60 billion to Nevada’s gross state product, a six-fold return on investment; increase tax revenues; create jobs; and deliver annual savings to consumers

CARSON CITY, October 15, 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 Nevada. 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.

Analysis shows $45 billion in stimulus investment would add $357 billion to Illinois’ gross state product, an eight-fold return on investment, increase tax revenues, create millions of jobs, and deliver annual savings to consumers

CHICAGO, October 8, 2020 – Today, national business group Advanced Energy Economy (AEE) released results of a report that quantified significant economic benefits associated with investments in advanced energy deployment for the state of Illinois. 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 state or federal stimulus funds in advanced energy technologies, products, and services to boost economic activity in the wake of the COVID-19 slowdown.

Analysis shows $25 billion in stimulus investment would add six-fold return to Colorado’s gross state product, increase tax revenues, create a million jobs, and deliver annual savings to consumers

DENVER, October 6, 2020 – Today, national business group Advanced Energy Economy (AEE) released a report that quantified significant economic benefits associated with investments in advanced clean energy deployment for the state of Colorado. 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 state or federal stimulus funds in advanced energy technologies, products, and services to boost economic activity in the wake of the COVID-19 slowdown.

Analysis shows $100 billion in stimulus investment would add $727 billion to California’s gross state product, increase tax revenues, create millions of jobs, and deliver savings to consumers

SAN FRANCISCO, September 29, 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 California. 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 state or federal stimulus funds in advanced energy technologies, products, and services to boost economic activity in the wake of the COVID-19 slowdown.

Employers expected strong 5% growth for advanced energy jobs in 2020 before COVID-19 health crisis hit

WASHINGTON, D.C., September 24, 2020 — Today, national business group Advanced Energy Economy (AEE) reported the latest employment data in a new fact sheet showing that Arizona had 69,000 people working in advanced energy in 2019. This represents more workers than those in Schools, Colleges & Training Programs (68,055) and double those in Agriculture & Mining (33,070). Nationwide, there were 3.6 million advanced energy workers.