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Report: Virginia Clean Economy Act will cut average electric bill by over $30 per year in 2030

Posted by Adam Winer on Feb 8, 2022

New report commissioned by Virginia AEE finds overall cost savings from decarbonizing Virginia’s electric grid over the next 25 years

RICHMOND, February 8, 2022 – Virginia Advanced Energy Economy (Virginia AEE) today released the findings of a new report that quantifies the costs and benefits of 2020’s Virginia Clean Economy Act (VCEA), and found the law will lead to a reduction of electric bills for the average Virginia household by $33.76 per year by 2030.

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Topics: State Policy, Virginia, Press Releases, Legislative, Harrison Godfrey

Clean energy businesses call on Virginia General Assembly to stay the course on building a reliable, affordable and clean energy future for the Commonwealth

Posted by Adam Winer on Jan 28, 2022

The message to Senators and Delegates: The advanced energy industry already employs over 93,000 people across Virginia, and the General Assembly’s new policies, including the VCEA, RGGI and Clean Cars standards, set the Commonwealth up for continued job growth

RICHMOND, January 28, 2022 — In an open letter to the members of the Virginia General Assembly, business leaders from across the advanced energy industry are calling on state Senators and Delegates to stay the course on creating a clean energy future for the Commonwealth. The call to action was organized by Virginia Advanced Energy Economy (Virginia AEE), in partnership with its affiliate organization Advanced Energy Works, which published the open letter online and in a full page ad in the Richmond Times-Dispatch on Friday.  

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Topics: State Policy, Virginia, Press Releases, Harrison Godfrey

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

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

Augusta Free Press: Lawmakers Convene for Powhatan Elementary School Solar Unveiling

Posted by Augusta Free Press Staff on Jun 8, 2021

Augusta Free Press summarized the unveiling of Powhatan Elementary School’s new solar energy facilities, featuring comments from Virginia AEE's Harry Godfrey. Read snippets below and the full article here.

Virginia Advanced Energy Economy hosted lawmakers Tuesday for the unveiling of Powhatan Elementary School’s recently completed solar energy rooftop array.

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Topics: Virginia, AEE In The News

Virginia and U.S. Lawmakers Convene for Powhatan County School Solar Energy Unveiling, Highlight Expected 8% Growth in Clean Energy Jobs Across Commonwealth

Posted by Monique Hanis on Jun 8, 2021

Virginia AEE, Sun Tribe, and BrightSuite host U.S. Representative Spanberger, State Senator Hashmi, and State Delegate Ware to tour new school solar rooftop array, illustrating significant energy cost savings, benefits of Virginia Clean Economy Act, employment growth for the Commonwealth.

POWHATAN, VIRGINIA, June 8, 2021 — Today, business group Virginia Advanced Energy Economy (Virginia AEE), its member, Virginia-based solar developer Sun Tribe, and BrightSuite Solar, a subsidiary of Dominion Energy, hosted Virginia and U.S. congressional lawmakers for the unveiling of Powhatan Elementary School’s recently completed solar energy rooftop array. The project illustrates the impact of Virginia’s Clean Economy Act and growing advanced energy employment across the Commonwealth, expected to increase by 8% according to AEE’s latest jobs fact sheet. The solar arrays at Powhatan County Public Schools were developed through a partnership between BrightSuite and Sun Tribe.

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Topics: State Policy, Virginia, Press Releases

The Virginia Pilot (Opinion): Dominion’s Power Decision Leaves Virginia with Questions

Posted by Harry Godfrey on May 26, 2021

The Virginia Pilot ran Virginia Advanced Energy Economy Director, Harry Godfrey’s opinion piece on Dominion’s exit from the PJM capacity market. Read snippets below and the full article here.

Earlier this year, America watched in shock as the Texas electrical grid all but collapsed in the midst of an historic winter storm. With power plants and pipelines hobbled by cold weather, Texans were left to huddle in their homes for days without light, heat and, in many cases, running water. Could that happen in Virginia?

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Topics: Virginia, AEE In The News