News

Arizona Republic detailed how the Inflation Reduction Act will impact the state, citing Shelby Stults on the expected return on investment. Read snippets below and the full article here. 

With the Inflation Reduction Act signed into law, businesses are preparing for a rush of new opportunities for installing solar in Arizona, not to mention electric vehicles and chargers and other energy projects aimed at reducing carbon emissions...

California’s Advanced Clean Cars II rule can empower other states to adopt stronger clean vehicle targets and accelerate the growth America’s electric transportation workforce

WASHINGTON, D.C., August 25, 2022 — Today, national business group Advanced Energy Economy (AEE) applauded the California Air Resource Board decision to require 100% of all new light-duty vehicle sales in the state be zero-emission by 2035. Referred to as the Advanced Clean Cars II (ACCII) rule, the move is the next step in the state’s Clean Cars program, which has helped create a national market for more efficient, less polluting vehicles. More than a dozen states have adopted California’s previous vehicle emission standards, as the federal Clean Air Act allows.

E&E News covered new California legislation to explore the benefits of a Western RTO, quoting Amisha Rai on the need for a more interconnected grid. Read snippets below and the full article here.

California is exploring the proposed formation of a regional electric grid as governments and utilities across the West push for broader distribution of renewable resources...

Emerging Tech Brew detailed how virtual power plants can support grid reliability, citing AEE's Cailtin Marquis and TAEBA's Ignacio Guajardo on the technology and Texas' pilot program. Read snippets below and the full article here.

While virtual power plants might sound like some made-up metaverse feature, they are very real—and they’re powered by actual homes and businesses.

Utility Dive outlined how the Inflation Reduction Act is expected to impact the clean energy sector, citing AEE's Harry Godfrey on how support for clean energy projects can help curb current inflation rates. Read snippets below and the full article here.

High inflation in the U.S. could make things difficult for the clean energy sector, but the passage of the Inflation Reduction Act could more than make up for those impacts, experts say...

Las Vegas Review Journal detailed Nevada's progress toward a more interconnected power grid, featuring findings from AEE's Western RTO economic impact study. Read snippets below and the full article here.

A newly published study shows Nevada could get billions in benefits and thousands in jobs if the state joins a western energy collective.

Inflation Reduction Act will transform the way America powers its homes and businesses while revitalizing domestic industry and making the nation more energy independent 

WASHINGTON, DC, August 12, 2022 – Today, Advanced Energy Economy (AEE), a national trade association of clean energy businesses and large clean energy buyers, celebrated the U.S. House of Representatives’ passage of the Inflation Reduction Act, which could deliver a six-fold return on investment for the country, create millions of jobs, and save American households billions in annual energy costs.

Resolution from Assemblymember Holden lays the foundation for a better electric power grid for California and states across the West 

SACRAMENTO, August 11, 2022 — Today, national business group Advanced Energy Economy (AEE) celebrated the California Legislature’s passage of ACR 188, which kickstarts discussions about California’s role in improving the Western power grid in collaboration with other states in the region.  

S&P Global discussed what a rise in clean energy development means for US electric transmission capacity, quoting AEE's Jeff Dennis on what final rules FERC will need to issue for developers. Read snippets below and the full article here.

The U.S. Senate-passed Inflation Reduction Act is projected to unleash a new wave of clean energy development that gets the nation close to achieving its 2030 climate goals. The measure will also raise the stakes for ongoing policy efforts to expand the U.S. electric transmission system and expedite environmental reviews, according to industry experts.

Utility Dive reported on the Senate approval of the IRA, quoting AEE's Nat Kreamer on how tax credits will benefit clean energy developers. Read snippets below and the full article here.

The Senate approved the Inflation Reduction Act on a party-line vote Sunday, sending the bill to the House of Representatives for a scheduled vote on Friday.

Investments in the Inflation Reduction Act will create middle-class jobs, revitalize American manufacturing, and make our nation more energy independent   

WASHINGTON, D.C., August 7, 2022 – Advanced Energy Economy (AEE), a national trade association of clean energy buyers and businesses, celebrated Senate passage of the Inflation Reduction Act of 2022, which includes $369 billion for clean energy, advanced energy manufacturing, and electrified transportation, and released the following statement on behalf of its CEO, Nat Kreamer:  

RTO Insider reported on the passage of the IRA in the Senate, quoting AEE's Nat Kreamer on the importance of this legislation for clean energy. Read snippets below and the full article here.

Following a marathon overnight session of debate and amendments, the U.S. Senate on Sunday passed the Inflation Reduction Act with all of its $369.75 billion in clean energy spending intact.

The project is set to be the largest offshore wind farm in America and could cement Virginia as the nation’s leading wind power hub 

RICHMOND, August 5, 2022 — Business association Virginia Advanced Energy Economy (AEE) applauded  today’s State Corporation Commission decision greenlighting construction of the Coastal Virginia Offshore Wind (CVOW) project 27 miles off the coast of Virginia Beach. The project is set to be the largest offshore wind farm in North America and follows the landmark 2020 Virginia Clean Economy Act (VCEA), which included specific provisions to encourage the development of offshore wind, helping Virginia’s largest utility go 100% clean by 2045. 

Canary Media analyzed the IRA's impact on domestic industrial policy for solar power and other clean energy technologies, quoting AEE's Harry Godfrey on how solar manufacturing credits will benefit American manufacturing. Read snippets below and the full article here.

If the Democrats’ major climate and tax bill becomes law, the United States might actually end up with an effective industrial policy for the clean energy and electrification sectors.

Virginia Business reported on the SCC's approval of Virginia's offshore wind farm, quoting AEE's Harry Godfrey the project's economic impact. Read snippets below and the full article here.

The State Corporation Commission has approved Dominion Energy Inc.’s application for the proposed $9.8 billion Coastal Virginia Offshore Wind Project (CVOW), which calls for the construction of 176 wind turbines 27 miles off the coast of Virginia Beach.

Houston Chronicle discussed clean energy provisions in Senate budget reconciliation, quoting AEE's Harry Godfrey on the industrial policy impact. Read snippets below and the full article here.

For more than a decade, the United States has relied on cheap technology from abroad to fuel its shift towards clean energy. Now President Joe Biden and Democrats are looking to bring that practice to an end, as they seek to pass sweeping new climate legislation deterring clean energy developers from using foreign-made technology.

RTO Insider discussed AEE's Western RTO study, detailing the economic benefits and job creation. Read snippets below and the full article here.

Released last week by Advanced Energy Economy (AEE), the Western RTO Economic Impact Study was prepared by Energy Strategies and Peterson & Associates. It draws on analysis Energy Strategies performed for a state-led study published last year to quantify the electricity system benefits of a Western RTO.