News

 AEE Applauds FERC Unanimous Action on Energy Storage, Distributed Energy Resources

Executives of Market Leading Advanced Energy Companies and Corporate Energy Buyers Join AEE and AEE Institute BoardsLeaders from 8minutenergy Renewables, Apex Clean Energy, Direct Energy, EnerNOC, Ingersoll Rand, Microsoft, Modern Energy, Nautilus Data Technologies, Nest Labs, and Oracle support initiatives to expand $200 billion advanced energy marketWASHINGTON, D.C., Feb. 14, 2018 – Today Advanced Energy Economy (AEE) announced that executives of nine market-leading companies have joined its board of directors to support the national business group’s efforts to accelerate the growth of secure, clean, affordable energy in the United States. The U.S. advanced energy market totals more than $200 billion in revenue, about equal to pharmaceutical manufacturing and approaching wholesale consumer electronics, and supports more than 3 million U.S. workers.Concurrently, Advanced Energy Economy Institute (AEE Institute), the educational and research affiliate of AEE, added two new board members. Joining the board and serving as chairman is Matt Rogers, Co-Founder and Chief Product Officer at Nest Labs, a leader in connected home devices used to manage energy and security systems, and Partner at Incite Ventures, an investor in mission-based enterprises. Also joining the AEE Institute board is Tim Healy, former Chairman & Chief Executive Officer at EnerNOC, a leader in demand response and energy management, strategic energy procurement, and utility bill management software and services."We are proud to welcome these outstanding business leaders to our boards, and appreciate the wealth of corporate leadership, technology expertise, and industry insight that is of great value in guiding our organization,” said Heather O'Neill, interim CEO of AEE. “They join highly committed and energized boards that are helping us work toward our vision of a prosperous world running on secure, clean, affordable energy.”The new AEE directors are:

Rate design for a DER future: Designing rates to better integrate and value distributed energy resourcesIn this third installment from AEE on how the power sector can successfully transition to a 21st Century Electricity System, AEE's Coley Girouard digs in on rate design challenges for a DER future, noting time-varying rates may be the best bet to accurately price DERs.The U.S. electricity system is changing, driven by technological innovation, increased use of distributed energy resources (DER), and evolving customer needs and preferences. If DER assets are properly integrated into the system, they have the potential to make the grid more efficient, flexible, resilient, reliable, and clean, while simultaneously giving customers greater choices and control over energy use and costs. For this to happen, new rate designs will be needed – and some approaches to new rate design fulfill the promise of a DER future better than others.  In the fast-changing electric power system going forward, rate designs will need to achieve multiple objectives. They will need to allocate costs equitably. They will need to compensate DER customers for the benefits DER provides and properly charge them for use of the grid.And they will need to allow utilities to fairly recover the revenue required to maintain a system that provides safe, reliable, universal electricity service. But with customers more actively engaged with the electric power system, rate designs need to do even more. They need to send appropriate price signals so that customers are motivated to act in ways that benefit themselves and the grid as a whole....See the full Utility Dive piece here. 

 Background Resources:2017 Advanced Energy Now Market ReportThis Is Advanced Energy directory of 52 technologies At More than 3 Million Jobs, Advanced Energy is a Big – and Growing – Source of Employment in the U.S.

REPORT: Peak Demand Reduction Can Meet Indiana’s Electricity Needs, Save Billions for Businesses, Households

Advanced Energy Economy Statement on President Trump’s State of the Union Address

 

 

SAN FRANCISCO, Jan. 26, 2018 — Today, Advanced Energy Economy reacted in strong support of Governor Brown's Executive Order to boost the supply of zero-emission vehicles (ZEVs) and charging and refueling stations in California. The order signed today implements the Governor's call for a new target of 5 million ZEVs in California by 2030 and expanded vehicle charging infrastructure, announced in his State of the State address yesterday.

San Francisco, Jan. 25, 2018 – Today, national business group Advanced Energy Economy released this statement in reaction to Governor Brown's State of the State speech: