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Washington Examiner: Biden Has Automakers on Board With Electric Vehicle Goals, But Will Need Buyers

Posted by Josh Siegel on Aug 5, 2021

Washington Examiner detailed the Biden administration's EV sales goals, quoting AEE's Ryan Gallentine on the voluntary targets. Read snippets below and the full story here.

President Joe Biden’s new target for 50% electric vehicle sales follows the direction automakers were already going on their own, but it will likely push them farther and faster.

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Topics: United In The News

Domestic Manufacturing Would Prosper from Pivot to Advanced Energy Technology

Posted by Adam Winer on Aug 5, 2021

Report findings to be presented during AEE’s ‘Made in America’ webinar, with appearance by U.S. Energy Secretary Jennifer Granholm

WASHINGTON, DC, August 5, 2021 – Federal policies proposed by President Biden and under consideration by Congress to invest in a decarbonized grid and electrified transportation would grow the U.S. advanced energy manufacturing sector by 365% in five years and create nearly 1 million additional jobs.

That’s the conclusion of a new analysis prepared by Guidehouse Insights for Advanced Energy Economy (AEE), which represents companies working to make the energy we use secure, clean, and affordable. The findings quantify U.S. manufacturing and jobs growth potential should Congress move forward with a Clean Energy Standard (CES) and many of the policies in the Biden Administration’s American Jobs Plan. The findings will be the focus of an online panel discussion today featuring an appearance by U.S. Department of Energy Secretary Jennifer Granholm.

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Topics: Event, Advanced Energy Employment, Press Releases, Federal Priorities

Pinal Central (Opinion): Advanced Energy and Electric Vehicles Can Turbocharge Arizona’s Economy in the 2020s

Posted by Shelby Stults on Aug 3, 2021

Pinal Central featured Shelby Stults' op-ed outlining how an investment in advanced energy technology could spur dramatic improvements to Arizona’s employment picture. Read snippets below and the full article here.

Arizona lost 331,000 jobs in the COVID-19 recession, but as of this month, we have gained most of those jobs back. However, Arizona is not out of the desert yet. The state is still down tens of thousands of jobs since last year, and with a median income for individuals hovering around $30,000 per year, there is a persistent need for better-paying jobs that can support families.

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Topics: United In The News

Carlsbad Current Argus: Federal Stimulus Could Boost New Mexico Renewable Energy, Create Jobs, Study Says

Posted by Adrian Hedden on Aug 3, 2021

CarIsbad Current Argus highlighted the benefits of a clean energy stimulus for New Mexico, citing AEE's Leah Rubin Shen on the report. Read snippets below and the full article here

Renewable energy sectors could bring a multi-billion-dollar boost to New Mexico’s economy along with thousands of jobs, per a recent study, if supported by federal stimulus money.

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Topics: United In The News

E&E News: What the Infrastructure Deal Means for Energy

Posted by E&E News Staff on Jul 30, 2021

E&E News summarized six ways the bipartisan infrastructure deal affects energy, quoting AEE’s Jeff Dennis. Read snippets below and the full article here.

The $550 billion infrastructure package that moved through Congress this week stops short of President Biden’s climate ambitions but could still have broad ramifications for the country’s energy sector.

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Topics: United In The News

Bloomberg: Biden Seeking Pledge for 40% of Car Sales to be EV by 2030


Bloomberg News summarized a possible agreement between the White House and automakers to reach electric car sales and usage goals, quoting AEE's Ryan Gallentine. Read snippets below and the full article here. Read coverage by the Boston Globe here and Reuters here.

The White House is negotiating to have automakers pledge that 40% or more of the vehicles they sell in the U.S. will be electric by the end of the decade, something the companies say will require the government to help promote the use of the cars.

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Topics: United In The News

National Business Group AEE Urges Senate to Address America’s Aging Electric Grid with Bipartisan Infrastructure Bill

Posted by Adam Winer on Jul 28, 2021

WASHINGTON, July 28, 2021 – National business group Advanced Energy Economy (AEE) released the following statement after the United States Senate voted to proceed with a bipartisan infrastructure bill:

“The advanced energy industry applauds today’s forward progress on investments in our nation’s infrastructure, including investments in advanced energy infrastructure,” said Leah Rubin Shen, director at AEE. “The inclusion in today’s bipartisan agreement of funding to modernize our electric grid, build new transmission, and electrify our transportation system is a critical first step that sends a clear signal that policymakers recognize that advanced energy is a core component of our nation’s infrastructure and future economic prosperity.”

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Topics: Press Releases

Stimulus Investments in Advanced Energy Would Deliver More Than $117 Billion to New Mexico’s Economy

Posted by Jane Reynolds on Jul 28, 2021

New report from AEE finds investing in cleaner energy technologies in New Mexico would create nearly 800,000 jobs and save New Mexicans almost $6 billion annually on energy costs

SANTA FE, July 28, 2021 – National business group Advanced Energy Economy (AEE) released a new report today that adds up the benefits of a potential federal stimulus package for New Mexico’s advanced energy sector. According to the report, a federal investment of $20 billion would deliver a nearly six-fold return for the state, adding $117 billion to the GSP (gross state product). The investment would also save consumers, municipalities, and businesses almost $6 billion on energy costs every year for decades to come and create 796,000 industry jobs (measured in job-years) for New Mexicans.

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Topics: State Policy, Advanced Energy Employment, Press Releases, Economic Impact, New Mexico

Washington Examiner: Biden’s Clean Power Plans Could Get Tripped Up Without New Wires

Posted by Josh Siegel on Jul 26, 2021

Washington Examiner summarized potential issues with interstate transmission that could deter the Biden administration’s clean energy goals. Read snippets below and the full article here. Read Denver Gazette’s coverage here.

President Joe Biden’s success in pursuing 100% carbon-free power by 2035 could come down to wires.

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Topics: United In The News

Advanced Energy Stimulus Would Bolster Ohio Economy and Create 1.7 Million New Jobs

Posted by Jane Reynolds on Jul 21, 2021

A new economic analysis finds a targeted $25 billion stimulus in Ohio's advanced energy sector would create nearly 1.7 million jobs for Ohioans and add $260 billion to the state economy—a 10-fold return on investment.

COLUMBUS, July 21, 2021 – Today, national business association Advanced Energy Economy (AEE) released a report quantifying the benefits of advanced energy investment for Ohio. The report found that investing $25 billion from potential federal stimulus in advanced energy technologies* would create 1.7 million new jobs for Ohioans (measured in job-years), save Ohio consumers $13 billion annually, generate $14 billion in annual tax revenue, and add $264 billion to GSP (gross state product).

“Federal investment in advanced energy could reset Ohio’s energy pathway by spurring new investments in energy efficiency, renewable energy, electric vehicles, and energy storage. These investments would benefit families and businesses, as well as the state’s economy overall,” said J.R. Tolbert, a managing director at Advanced Energy Economy. “Targeted stimulus applied to advanced energy has the potential to produce a 10-fold return on investment, while creating good paying local jobs.”

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Topics: State Policy, Ohio, Advanced Energy Employment, Press Releases, Economic Impact