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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