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New Study: Regional Electric Grid Would Supercharge California’s Economy

Posted by Adam Winer on Jan 25, 2023

Joining a Western grid would keep the lights on during extreme weather while creating up to 138,700 jobs and annually reducing energy bills $563 million

SACRAMENTO, Calif. – A new study shows California would see significant economic benefits from participating in a regional electric grid with neighboring states. Conducted by independent consulting firm Energy Strategies on behalf of business association Advanced Energy United (formerly Advanced Energy Economy), the study found that joining a regional transmission organization (RTO) could generate upwards of $21.7 billion in new annual gross state product for California and up to 138,000 new, permanent, living-wage jobs. 

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Topics: State Policy, California Engagement, 21st Century Electricity System, Wholesale Markets, Press Releases, Economic Impact, Amisha Rai, California

Clean energy business group urges California to protect clean energy programs in new budget

Posted by Cayli Baker on Jan 10, 2023

The state’s pending budget shortfall could jeopardize its 100% clean power and zero-emission vehicle targets.

SACRAMENTO, January 10, 2023 – Today, national business group Advanced Energy United (formerly Advanced Energy Economy) responded to California’s impending $24 billion deficit. The organization released the following statement from Principal Emilie Olson in advance of Gov. Gavin Newsom’s budget release:

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Topics: California Engagement, 21st Century Electricity System, Press Releases, Electric Vehicles, Emilie Olson

Canary Media: Fixing the US power grid: A challenge for 2023 and beyond

Posted by Jeff St. John on Dec 29, 2022

Canary Media detailed the need to strengthen the country’s electricity system, quoting Amisha Rai on how the US can build out its energy infrastructure. Read snippets below and the full article here

The grid may be the weakest link in the chain connecting the U.S. to a clean energy future. 

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Topics: 21st Century Electricity System, AEE In The News, Amisha Rai

Houston Chronicle: Battery boom begins in Texas, California, amid concern over power grid

Posted by James Osborne on Dec 12, 2022

Houston Chronicle detailed growing demand for battery storage projects, quoting Ryan Katofsky on why the technology is seeing such a high demand. Read snippets below and the full article here

Within three years, a surge of new large-scale battery projects is expected to come online on Texas and California's power grids, as developers seek to store electricity produced by those state’s sprawling wind and solar farms.

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Topics: 21st Century Electricity System, AEE In The News, Ryan Katofsky

Business Insider: Forget the F-150 Lightning and Hummer EV. Ford and GM's real battle is for electric delivery vans

Posted by Alexa St. John on Dec 11, 2022

Business Insider detailed the auto industry's pivot to electric, quoting Ryan Gallentine on changes in the commercial vehicle market. Read snippets below and the full article here.

As Ford and GM go head to head in the multi-billion-dollar pivot to electric propulsion, the balance of their rivalry may not hinge on high-profile rides like the F-150 Lightning and Hummer EV, but on the humble delivery van

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Topics: 21st Century Electricity System, AEE In The News, Ryan Gallentine

What They’re Saying: Joining a Western RTO Would Power Economic Growth in CO, NM, and AZ

Posted by Cayli Baker on Dec 8, 2022

December 8, 2022 – Earlier this week, AEE released findings from three new state-specific reportsfor Colorado, New Mexico, and Arizona showing how joining a Western RTO would power economic growth. Check out what more leaders from across those states are saying about the numbers: 

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Topics: 21st Century Electricity System, Press Releases, New Mexico, Western RTO

What They’re Saying: Joining a Western RTO Would Power Economic Growth in CO, NM, and AZ

Posted by Cayli Baker on Dec 8, 2022

December 8, 2022 – Earlier this week, AEE released findings from three new state-specific reportsfor Colorado, New Mexico, and Arizona showing how joining a Western RTO would power economic growth. Check out what more leaders from across those states are saying about the numbers: 

Colorado Governor Jared Polis: “We are continuing to save people money, lower energy bills, and bring more good-paying jobs to Coloradans, and this new report confirms that a Western market advances our bold work achieving these goals. Colorado has committed to join a Western market by 2030, and we look forward to continuing to work with leaders across the region to lower energy costs while making progress towards our goal of 100% renewable energy by 2040."

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Topics: 21st Century Electricity System, Wholesale Markets, Press Releases, New Mexico, Colorado, Western RTO

Santa Fe New Mexican: Trade group study says regional power grid would save N.M. energy, money

Posted by Nicholas Gilmore on Dec 6, 2022

Santa Fe New Mexican featured our Western RTO economic impact report, citing a press briefing on the study results. Read snippets below and the full article here

A new economic impact study from the trade group Advanced Energy Economy estimates New Mexicans could save about $114 million in energy costs with the creation of a regional transmission organization that would encompass much of the western U.S.

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Topics: 21st Century Electricity System, Wholesale Markets, AEE In The News

Study Shows Regional Electric Grid Would Energize Economy in CO, NM, AZ

Posted by Cayli Baker on Dec 6, 2022

Joining a Western RTO would power economic growth and save residents millions in annual energy costs.

December 6, 2022 – Joining a Western RTO would create thousands of permanent jobs and save ratepayers millions of dollars in annual energy costs, according to new data from Advanced Energy Economy. The findings fromthree new state-specific reportsfor Colorado, New Mexico, and Arizona are based on a recent west-wide analysis conducted by independent consulting firm Energy Strategies on behalf of AEE that examined the economic impact of establishing a regional power grid.

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Topics: 21st Century Electricity System, Press Releases, Arizona, New Mexico, Colorado, Amisha Rai

Utility Dive: The power grid faced heat waves, record demand and tight conditions in 2022. What happens next?

Posted by Kavya Balaraman on Nov 22, 2022

Utility Dive examined grid reliability issues popping up across the U.S., quoting Amisha Rai and Caitlin Marquis on regional and national solutions. Read snippets below and the full article here.

Power systems across the U.S. faced challenging grid reliability conditions over the past year, but managed to avoid the worst-case scenario of prolonged outages thanks to a combination of policy measures implemented over the last couple of years and luck, experts say.

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Topics: California Engagement, 21st Century Electricity System, Wholesale Markets, AEE In The News, Texas, Caitlin Marquis, Amisha Rai