News

Virginia Business reported on the SCC's approval of Virginia's offshore wind farm, quoting AEE's Harry Godfrey the project's economic impact. Read snippets below and the full article here.

The State Corporation Commission has approved Dominion Energy Inc.’s application for the proposed $9.8 billion Coastal Virginia Offshore Wind Project (CVOW), which calls for the construction of 176 wind turbines 27 miles off the coast of Virginia Beach.

Houston Chronicle discussed clean energy provisions in Senate budget reconciliation, quoting AEE's Harry Godfrey on the industrial policy impact. Read snippets below and the full article here.

For more than a decade, the United States has relied on cheap technology from abroad to fuel its shift towards clean energy. Now President Joe Biden and Democrats are looking to bring that practice to an end, as they seek to pass sweeping new climate legislation deterring clean energy developers from using foreign-made technology.

The Washington Post analyzed how the new climate package will benefit production of solar technologies, quoting AEE's Harry Godfrey on the impact. Read snippets below and the full article here.

The bill, negotiated in part by Sen. Joe Manchin III (D-W.Va.), would deliver billions of dollars in tax and other incentives to U.S. solar manufacturers, equipping them with government support on a scale of those China used to corner the market.

E&E News detailed the Senate climate bill, quoting AEE's Harry Godfrey on incentives for clean energy in the Inflation Reduction Act. Read snippets below and the full article here.

The Senate budget reconciliation deal could open the door to a green power grid, a key ingredient in slashing emissions enough to meet the country’s near-term climate ambitions.

Canary Media detailed how funding from the IRA would be allocated, quoting AEE's Harry Godfrey on the massive impact the bill will have on US clean energy technologies. Read snippets below and the full article here.

Senator Joe Manchin has agreed to work with Democratic Senate colleagues to quickly pass a climate and health bill that could direct nearly $370 billion over 10 years toward clean energy, electric vehicles, pollution reduction and energy security — potentially the largest-ever single federal investment in fighting climate change. 

Bloomberg reported on the IRA and its impact on cleantech, quoting AEE's Nat Kreamer on what reconciliation means for the clean energy industry. Read snippets below and the full article here.

The landmark US Senate climate deal announced late Wednesday would boost cleantech manufacturing, a sector that’s struggled to compete with China.

Clean energy investments will reduce electricity costs and create good jobs in America 

WASHINGTON, DC, July 27, 2022 – Advanced Energy Economy (AEE), a national trade association of clean energy buyers and businesses, celebrated the federal budget agreement announced today by Senate leaders Chuck Schumer and Joe Manchin, and released the following statement on behalf of its CEO, Nat Kreamer:

“At a time of acute inflation, this agreement represents a truly historic step towards lowering the energy bills of Americans and creating real energy independence. It is likewise a smart investment in our domestic advanced energy industry, creating tens of thousands of good jobs. We applaud Senator Schumer, Senator Manchin, and all of those involved in bringing this agreement to fruition. We look forward to reviewing the details of the bill and urge Congress to move swiftly towards passage.”

Spectrum News1 explored the future of the Texas power grid in the wake of the bipartisan infrastructure bill, quoting AEE's Ignacio Guajardo on the best solutions for a clean grid. Read snippets below and the full article here.

The State of Texas faces a decision whether to seek some federal funding under the bipartisan infrastructure bill President Joe Biden pushed through Congress to help strengthen the state’s power grid. After a deadly winter storm left millions of Texans freezing and in the dark, all eyes are on the state’s power grid amid this summer’s extreme heat. 

WASHINGTON, July 15, 2022 – National business association Advanced Energy Economy (AEE) President Heather O’Neill issued the following statement today about Senate budget reconciliation negotiations: 

“Americans are facing historic levels of inflation, driven in large part by global fossil fuel prices. The tax credits in this package would deliver much needed relief, helping to cut energy prices and reduce U.S. dependence on price-volatile fossil fuels, by spurring the domestic manufacturing and deployment of clean, affordable, and reliable advanced energy technologies. Failing to use this opportunity to boost the domestic advanced energy manufacturing industry would mean American workers get less benefit from the world’s transition to clean energy, and would all but assure that our economic competitors, particularly China, reap the economic rewards instead. We call on Congress to enact them as soon as possible.

WASHINGTON, June 30, 2022 – Today, national business association Advanced Energy Economy (AEE) expressed disappointment with the U.S. Supreme Court ruling in the case of West Virginia v. Environmental Protection Agency. AEE General Counsel and Managing Director Jeff Dennis released the following statement: