News

Advanced energy business group urges ACC to finalize proposed energy rules to provide regulatory certainty to continue growth

PHOENIX, August 17, 2021 — A new analysis commissioned by the Arizona Corporation Commission (ACC), while acknowledging that it is unable to project long-term costs to consumers, finds that transitioning to clean and advanced energy options is “reliable and cost-effective” in the near-term.

“The report shows that clean and advanced energy solutions in Arizona can be both reliable and cost-effective with today’s technology,” said Shelby Stults, a principal at Advanced Energy Economy (AEE), a national business group representing companies working to make the energy we use secure, clean, and affordable. “Arizona is full of potential when it comes to providing solar power, energy storage, and other advanced energy technologies. Businesses across the country are looking to Arizona’s utility commissioners to provide the regulatory certainty they need to invest in the state.”

At 83,000 jobs, the state’s advanced energy industry employs four times more Hoosiers than auto manufacturing.

INDIANAPOLIS, August 17, 2021 – Indiana Advanced Energy Economy (AEE) released its Indiana jobs fact sheet, demonstrating the advanced energy industry’s economic promise across the state. Like all industries in Indiana, COVID-19 impacted advanced energy employment in the state, but the industry still supported a workforce of more than 83,300 at the end of 2020, with employers expecting strong job growth this year.

“In spite of economic downturns nationwide, advanced energy jobs in Indiana should see a strong rebound in 2021,” said Caryl Auslander, director at Indiana AEE. “The advanced energy industry has proven it is ready to lead our post-COVID recovery, with employers projecting 6 percent job growth for the state. Not only do these jobs offer quality employment for Hoosiers, they spur added cost savings for consumers and create overall economic growth for our state.”

New report finds U.S. electric transportation industry is projected to nearly double over five years, creating an additional 141,000 jobs, with additional 2 million workers able to quickly retrain to benefit from market growth

WASHINGTON, DC, August 11, 2021 — Today national business group Advanced Energy Economy (AEE) released an analysis quantifying the nationwide economic benefits of a growing electric transportation industry. As demand for electric vehicles (EVs) and investment in EV charging infrastructure grows, industry employment is expected to double from 2019 levels to nearly 300,000 jobs by 2024.

“Economic opportunities will ripple throughout the supply chain and maintenance sectors as the domestic electric vehicle industry grows quickly over the next few years,” said Ryan Gallentine, policy director at AEE. “The electric vehicle industry already employs people across all 50 states, and policymakers should expand those opportunities with incentive programs that make it easier for consumers and business fleets to fully electrify.”

The report, “Building an Electric Transportation Economy in the United States," produced by BW Research Partnership for AEE, analyzes the current electric transportation industry across the U.S. 

WASHINGTON, DC, August 5, 2021 – Advanced Energy Economy (AEE), a national business group representing companies working to make the energy we use secure, clean, and affordable, released the following statement today in response to a new Executive Order from the White House, and newly proposed vehicle emissions standards from the U.S. Environmental Protection Agency and National Highway Traffic Safety Administration:

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.

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.

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.

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.

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.

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.