News

Newsweek reports on the potential impacts of H.R. 1 in driving up energy bills and stalling advanced energy deployment in states across the country. United's Harry Godfrey warns that the shrinking U.S. market for advanced energy technologies may dissuade domestic manufacturers from investing in clean energy projects, resulting in stunted job growth, reduced grid reliability, and increased costs for both individuals and developers.

Newsweek reports on the passage of H.R. 1 and its potential to increase energy costs for Americans nationwide. United's Harry Godfrey stated that the bill stripped away several tax credits that supported advanced energy projects across the country, and as a result, millions of Americans will suffer the consequences, including higher electricity costs, reduced job growth, and a less reliable grid.

In an article for The Houston Chronicle, United's Harry Godfrey warns that clean energy growth in Texas could be stalled as a result of the passage of H.R. 1, emphasizing that the removal of key federal tax credits could potentially stunt job growth, increase electricity costs, and reduce domestic manufacturing across the state.

Following the final passage of H.R.1, clean energy tax credits for battery, geothermal, nuclear, and manufacturing remain in place, but are now hamstrung by new "foreign entities of concern" (FEOC) rules. United's Harry Godfrey spoke with Canary Media about the potential disruption of these rules for clean energy projects, urging the Administration to provide clear compliance guidelines for developers.

Inside Climate News reports that PJM Interconnection is under pressure, following PJM’s July capacity auction when prices jumped over 800 percent. Interviewed as part of the article, United's Jon Gordon emphasized PJM’s backlogged interconnection queue of 3,000 projects capable of replacing the entire grid’s generation, underscoring the need for immediate action.

Utility Dive examines the expected impact of a second Trump presidential term on the future of the Inflation Reduction Act and offshore wind projects. United's Harry Godfrey predicted initiatives under the new administration are unlikely to significantly hinder the growth of renewable energy, highlighting that the ongoing clean energy transition has the potential to lower consumer energy bills and help reduce inflation in the long term.

Assembly Bill 538 "jumpstarts" conversation around regional grid collaboration, with the potential to save hundreds of millions in energy costs

SACRAMENTO, Calif. – Introduced by Assemblymember Chris Holden (AD41), Assembly Bill 538 would create a structure that would allow the California Independent System Operation (CAISO) to integrate into a broader, independent regional transmission operator (RTO). A 2022 economic development study commissioned by Advanced Energy United and conducted by Energy Strategies found that a transition like the one proposed in AB 538 could create over 138,000 jobs and save ratepayers $538 million per year in energy costs.

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. 

This week, national business group Advanced Energy Economy (AEE) released new research into the economic development potential of establishing a regional transmission organization (RTO) to operate the power grid for Western states. The report, conducted by independent consulting firm Energy Strategies, finds that establishing an RTO for Western states would create as many as 657,000 permanent, high-paying jobs in the West. If you want to learn more, watch the press briefing here.