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S&P Global: Newsom pitches $8B to accelerate Calif. clean energy, transportation

Posted by Garrett Hering on Jan 10, 2022

S&P Global quoted AEE's Amisha Rai on Governor Newsom's $8 billion proposal for new investments in clean energy and transportation. Read snippets below and the full article here.

Gov. Gavin Newsom on Jan. 10 pitched more than $8 billion in new investments into clean energy and transportation as part of California's budget, citing the need to decarbonize the Golden State's economy and keep climate change in check while developing new business opportunities.

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Topics: State Policy, California Engagement, AEE In The News, Amisha Rai

New York Governor green lights electric school buses

Posted by Cayli Baker on Jan 5, 2022

AEE applauds Gov. Hochul’s commitment in her State of the State address and stresses the need for robust, immediate, and equitable state incentives to help school districts cover upfront infrastructure costs and further accelerate progress toward New York’s clean energy goals.

ALBANY, January 5, 2022 — Today national business group Advanced Energy Economy (AEE) commended New York Governor Hochul’s bold commitment to accelerate electric school bus deployment in this afternoon’s State of the State address. AEE has been a leading voice among a coalition of groups calling on New York to further invest in electric school buses, which would not only generate long-term savings for school districts, but also improve air quality for students, and help the state meet its clean transportation goals.

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Topics: State Policy, Advanced Transportation, Press Releases, electric vehicles, Ryan Gallentine

Utility Dive: Colorado utilities could cut costs 5% by joining an RTO, PUC finds, as Western market momentum builds

Posted by Ethan Howland on Dec 3, 2021

Utility Dive detailed the Colorado Public Utility Commission's report encouraging state's utilities to join some form of organized wholesale market, quoting AEE's Emilie Olson on the benefits of a regional transmission organization. Read snippets below and the full article here.

Participating in a regional transmission organization (RTO) could save Colorado's utilities up to $230 million a year, or 5% of their costs, while helping meet the state's clean energy goals, according to a study released Wednesday by the Colorado Public Utilities Commission...

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Topics: State Policy, AEE In The News

Advanced Energy Industry Leaders Chosen for Nevada’s Regional Grid Task Force

Posted by Adam Winer on Dec 2, 2021

A western RTO would increase competition and lower energy costs
 

CARSON CITY, December 2, 2021 — Today, national business group Advanced Energy Economy (AEE) applauded Governor Sisolak for his appointments to the Regional Transmission Coordination Task Force, which includes policy leaders in the advanced energy industry, including Enel North America’s Mona Tierney-Lloyd.

The Task Force was created by Senate Bill (SB) 448* (2021) to study the costs and benefits of joining a regional organized wholesale electricity market and to recommend policies that facilitate utility entrance into a Regional Transmission Organization (RTO) by 2030. A western RTO would harness competitive market forces and transparent planning processes to make energy more reliable and affordable for Nevadan ratepayers, and will also spur new private investment and job creation in the state.

“I’m honored to have this opportunity to serve Nevada and Governor Sisolak as the geothermal energy representative on the Regional Transmission Coordination Task Force,” said Mona Tierney-Lloyd, Head of State Public Policy and Institutional Affairs for Enel North America, an AEE member company. “Nevadans deserve all the benefits that come with a transition to clean, affordable, and reliable energy. My goal is that the policies this Task Force ultimately recommends will deliver these benefits.”

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Topics: State Policy, Regulatory, Wholesale Markets, Press Releases

Florida Electric Vehicle Road Map Sets Course to Infrastructure Investment and Jobs in the State

Posted by Cayli Baker on Sep 14, 2021

FDOT’s Electric Vehicle (EV) Road Map outlines opportunities for the state legislature and Public Service Commission to act on EV infrastructure, increasing transportation resilience.

TALLAHASSEE, September 14, 2021 — Today, national business group Advanced Energy Economy (AEE) applauded the Florida Department of Transportation (FDOT) for finalizing its comprehensive Electric Vehicle Road Map. Required by SB 7018,* the long-term plan suggests a number of programs the Public Service Commission or state legislature could take up next session, such as providing funding to fill charging infrastructure gaps, establishing statewide electric vehicle (EV) adoption goals, implementing a competitive grant program to spur private investment, and electrifying the state’s fleets to increase resiliency.

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Topics: State Policy, Press Releases

ACC-Commissioned Analysis Shows Clean Energy to be ‘Reliable and Cost-Effective’

Posted by Adam Winer on Aug 17, 2021

Advanced energy business group urges ACC to finalize proposed energy rules to provide regulatory certainty to continue growth

PHOENIX, August 17, 2021 — A new analysis commissioned by the Arizona Corporation Commission (ACC), while acknowledging that it is unable to project long-term costs to consumers, finds that transitioning to clean and advanced energy options is “reliable and cost-effective” in the near-term.

“The report shows that clean and advanced energy solutions in Arizona can be both reliable and cost-effective with today’s technology,” said Shelby Stults, a principal at Advanced Energy Economy (AEE), a national business group representing companies working to make the energy we use secure, clean, and affordable. “Arizona is full of potential when it comes to providing solar power, energy storage, and other advanced energy technologies. Businesses across the country are looking to Arizona’s utility commissioners to provide the regulatory certainty they need to invest in the state.”

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Topics: State Policy, PUCs, Press Releases, Arizona

Indiana’s Wind and EV Industries Growing Despite Pandemic Setbacks

Posted by Cayli Baker on Aug 17, 2021

At 83,000 jobs, the state’s advanced energy industry employs four times more Hoosiers than auto manufacturing.

INDIANAPOLIS, August 17, 2021 – Indiana Advanced Energy Economy (AEE) released its Indiana jobs fact sheet, demonstrating the advanced energy industry’s economic promise across the state. Like all industries in Indiana, COVID-19 impacted advanced energy employment in the state, but the industry still supported a workforce of more than 83,300 at the end of 2020, with employers expecting strong job growth this year.

“In spite of economic downturns nationwide, advanced energy jobs in Indiana should see a strong rebound in 2021,” said Caryl Auslander, director at Indiana AEE. “The advanced energy industry has proven it is ready to lead our post-COVID recovery, with employers projecting 6 percent job growth for the state. Not only do these jobs offer quality employment for Hoosiers, they spur added cost savings for consumers and create overall economic growth for our state.”

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Topics: State Policy, Press Releases, indiana

Stimulus Investments in Advanced Energy Would Deliver More Than $117 Billion to New Mexico’s Economy

Posted by Jane Reynolds on Jul 28, 2021

New report from AEE finds investing in cleaner energy technologies in New Mexico would create nearly 800,000 jobs and save New Mexicans almost $6 billion annually on energy costs

SANTA FE, July 28, 2021 – National business group Advanced Energy Economy (AEE) released a new report today that adds up the benefits of a potential federal stimulus package for New Mexico’s advanced energy sector. According to the report, a federal investment of $20 billion would deliver a nearly six-fold return for the state, adding $117 billion to the GSP (gross state product). The investment would also save consumers, municipalities, and businesses almost $6 billion on energy costs every year for decades to come and create 796,000 industry jobs (measured in job-years) for New Mexicans.

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Topics: State Policy, Advanced Energy Employment, Press Releases, Economic Impact, New Mexico

Advanced Energy Stimulus Would Bolster Ohio Economy and Create 1.7 Million New Jobs

Posted by Jane Reynolds on Jul 21, 2021

A new economic analysis finds a targeted $25 billion stimulus in Ohio's advanced energy sector would create nearly 1.7 million jobs for Ohioans and add $260 billion to the state economy—a 10-fold return on investment.

COLUMBUS, July 21, 2021 – Today, national business association Advanced Energy Economy (AEE) released a report quantifying the benefits of advanced energy investment for Ohio. The report found that investing $25 billion from potential federal stimulus in advanced energy technologies* would create 1.7 million new jobs for Ohioans (measured in job-years), save Ohio consumers $13 billion annually, generate $14 billion in annual tax revenue, and add $264 billion to GSP (gross state product).

“Federal investment in advanced energy could reset Ohio’s energy pathway by spurring new investments in energy efficiency, renewable energy, electric vehicles, and energy storage. These investments would benefit families and businesses, as well as the state’s economy overall,” said J.R. Tolbert, a managing director at Advanced Energy Economy. “Targeted stimulus applied to advanced energy has the potential to produce a 10-fold return on investment, while creating good paying local jobs.”

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Topics: State Policy, Ohio, Advanced Energy Employment, Press Releases, Economic Impact

Targeted Stimulus Investment in Advanced Energy Would Deliver Nearly $134 Billion to Virginia’s Economy

Posted by Cayli Baker on Jul 14, 2021

Economic analysis finds $20 billion in targeted stimulus investment would have a seven-fold impact, increasing Virginia’s gross state product and adding nearly 840,000 new jobs.

RICHMOND, June 14, 2021 – Today, national business group Advanced Energy Economy (AEE) released an economic assessment that found $20 billion in public investments across a range of advanced energy technologies* would increase Virginia's gross state product (GSP) by nearly $134 billion. This level of targeted stimulus would attract $49 billion in complementary private investment, save customers $6.4 billion annually, and add 838,000 jobs, measured in job-years, for Virginians.

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Topics: State Policy, Virginia, Advanced Energy Employment, Press Releases