News

Utility’s resource plan fails to incorporate energy efficiency efforts similar to those of comparable utilities in other states and does not meet intent of the VCEA, resulting in $1 billion in higher electricity costs for Virginia customers

RICHMOND, October 20, 2020 — Today Virginia Advanced Energy Economy (Virginia AEE) submitted comments to the State Corporation Commission stating that Dominion Virginia’s 2020 Integrated Resource Plan (IRP) falls short in leveraging lower cost energy efficiency resources in its proposal to meet the Commonwealth’s projected energy needs. The utility's plan fails to incorporate energy efficiency efforts similar to those of comparable utilities and does not achieve the intent of the Virginia Clean Economy Act (VCEA), resulting in $1 billion in higher electricity costs for Virginia customers.

Analysis shows $50 billion in stimulus investment would add $400 billion to Pennsylvania’s gross state product, an eight-fold return on investment; increase tax revenues; create jobs; and deliver annual savings to consumers

HARRISBURG, October 20, 2020 – Today, national business group Advanced Energy Economy (AEE) released results of a report that quantified significant economic benefits associated with investments in advanced clean energy deployment for the state of Pennsylvania. The report, which was produced by international economics consultant Analysis Group for AEE, used an industry-standard modeling tool to estimate the impact of investing potential federal stimulus funds in advanced energy technologies, products, and services to boost economic activity in the wake of the COVID-19 slowdown. 

Analysis shows $10 billion in stimulus investment would add $60 billion to Nevada’s gross state product, a six-fold return on investment; increase tax revenues; create jobs; and deliver annual savings to consumers

CARSON CITY, October 15, 2020 – Today, national business group Advanced Energy Economy (AEE) released results of a report  that quantified significant economic benefits associated with investments in advanced clean energy deployment for the state of Nevada. The report, which was produced by international economics consultant Analysis Group for AEE, used an industry-standard modeling tool to estimate the impact of investing potential federal stimulus funds in advanced energy technologies, products, and services to boost economic activity in the wake of the COVID-19 slowdown.

Solar Power World reported on the eight-fold return on a $45 billion investment into clean technology in Illinois, quoting AEE's Daniel Bloom. Read excerpts below and the entire piece here. 

National business group Advanced Energy Economy (AEE) released results of a report that quantified significant economic benefits associated with investments in advanced energy deployment for the state of Illinois. The report, which was produced by international economics consultant Analysis Group for AEE, used an industry-standard modeling tool to estimate the impact of investing state or federal stimulus funds in advanced energy technologies, products, and services to boost economic activity in the wake of the COVID-19 slowdown.

Analysis shows $45 billion in stimulus investment would add $357 billion to Illinois’ gross state product, an eight-fold return on investment, increase tax revenues, create millions of jobs, and deliver annual savings to consumers

CHICAGO, October 8, 2020 – Today, national business group Advanced Energy Economy (AEE) released results of a report that quantified significant economic benefits associated with investments in advanced energy deployment for the state of Illinois. The report, which was produced by international economics consultant Analysis Group for AEE, used an industry-standard modeling tool to estimate the impact of investing state or federal stimulus funds in advanced energy technologies, products, and services to boost economic activity in the wake of the COVID-19 slowdown.

The Cedar Rapids Gazette reported on the rapid job growth in the wind energy sector and its impact on the economy, quoting AEE's JR Tolbert. Read excerpts below and the entire piece here.

As many industries simply look for a path to survive the unprecedented coronavirus pandemic, one industry has its eyes on exponential growth in the next decade. The amount of wind energy jobs — already at 9,000 to 10,000 — could double or triple over 10 years, with the right conditions, experts say.

Greentech Media described the work of HVAC technicians for its Clean Energy Careers series, this one coinciding with Energy Efficiency Day and quoting AEE's Ryan Katofsky. Read excerpts below and the entire piece here.

Analysis shows $25 billion in stimulus investment would add six-fold return to Colorado’s gross state product, increase tax revenues, create a million jobs, and deliver annual savings to consumers

DENVER, October 6, 2020 – Today, national business group Advanced Energy Economy (AEE) released a report that quantified significant economic benefits associated with investments in advanced clean energy deployment for the state of Colorado. The report, which was produced by international economics consultant Analysis Group for AEE, used an industry-standard modeling tool to estimate the impact of investing state or federal stimulus funds in advanced energy technologies, products, and services to boost economic activity in the wake of the COVID-19 slowdown.

The California Current reported on the impact of a $100 billion stimulus investment in California's advanced energy sector, referencing AEE's economic impact report and quoting AEE's Amisha Rai and Matt Stanberry. Read excerpts below and the entire piece here (sub. req.).

California policymakers are talking about legislation to fund a green recovery from the Covid-19 pandemic-clobbered economy... A $100 billion stimulus investment in advanced energy technologies can pay big dividends for California, according to a September study from the Analysis Group for Advanced Energy Economy (AEE).

Utility Dive reported on the FERC carbon pricing technical conference, noting the lack of state involvement and quoting AEE's Jeff Dennis. Read excerpts below and the entire article here.

A historic nine and a half hour discussion on carbon pricing attracted at least 2,000 viewers and broke previous attendance records for a Federal Energy Regulatory Commission technical conference, according to Chairman Neil Chatterjee.