WASHINGTON, DC – National business association Advanced Energy United responds to the series of "Day 1" executive actions taken by President Trump impacting the ability of our economy to meet growing demand for reliable and affordable energy. Heather O’Neill, President and CEO at Advanced Energy United, released the following statement:
“These orders are directly at odds with the need to keep the lights on and make energy costs more affordable.
The offshore wind industry’s supply chain alone spans 40 states and $25 billion dollars in investments, powering economic development and job creation. Wind power is one of the safest forms of energy generation around the world, for both humans and animals, and enables coastal states to generate homegrown electricity by safely tapping into nearby natural resources. Pausing offshore wind projects puts livelihoods at risk and will make it harder and more expensive for states to meet their energy needs.
Across America, programs financed by the Inflation Reduction Act are rebuilding and strengthening our electric grid in the face of destructive storms and wildfires, unlocking new energy with much-needed transmission infrastructure, savings schools money with new emissions-free school buses, and helping working families buy new money-saving appliances. In the face of extreme weather, high prices, and rapidly rising electricity demand, which President Trump has declared an “energy emergency,” these are essential investments for a resilient, prosperous, and energy abundant America.
The freeze on these programs will delay investment in our electricity infrastructure and local communities across America. Advanced Energy United will engage with the Administration and Congress to communicate the important contributions these programs make to American energy security, abundance, and lower prices."
The advanced energy industry employs over 4 million Americans across all 50 states working to lower consumer costs while providing the full range of clean, efficient, and reliable energy and transportation solutions. From 2022 to 2023, advanced energy employment nationwide increased by 4%, more than double the growth rate of the U.S. labor market overall.