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AEE celebrates passage of Inflation Reduction Act, a defining moment for clean energy in America

Posted by Cayli Baker on Aug 12, 2022

Inflation Reduction Act will transform the way America powers its homes and businesses while revitalizing domestic industry and making the nation more energy independent 

WASHINGTON, DC, August 12, 2022 – Today, Advanced Energy Economy (AEE), a national trade association of clean energy businesses and large clean energy buyers, celebrated the U.S. House of Representatives’ passage of the Inflation Reduction Act, which could deliver a six-fold return on investment for the country, create millions of jobs, and save American households billions in annual energy costs.

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Topics: Press Releases, Federal Priorities

Utility Dive: Senate passes Inflation Reduction Act with $369B in energy and climate spending

Posted by Ethan Howland on Aug 8, 2022

Utility Dive reported on the Senate approval of the IRA, quoting AEE's Nat Kreamer on how tax credits will benefit clean energy developers. Read snippets below and the full article here.

The Senate approved the Inflation Reduction Act on a party-line vote Sunday, sending the bill to the House of Representatives for a scheduled vote on Friday.

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Topics: United In The News, Federal Priorities

Advanced energy industry applauds Senate passage of Inflation Reduction Act, landmark clean energy and industrial policy bill

Posted by Adam Winer on Aug 7, 2022

Investments in the Inflation Reduction Act will create middle-class jobs, revitalize American manufacturing, and make our nation more energy independent   

WASHINGTON, D.C., August 7, 2022 – Advanced Energy Economy (AEE), a national trade association of clean energy buyers and businesses, celebrated Senate passage of the Inflation Reduction Act of 2022, which includes $369 billion for clean energy, advanced energy manufacturing, and electrified transportation, and released the following statement on behalf of its CEO, Nat Kreamer 

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Topics: Press Releases, Federal Priorities

RTO Insider: Senate Passes Inflation Reduction Act

Posted by K. Kaufman on Aug 7, 2022

RTO Insider reported on the passage of the IRA in the Senate, quoting AEE's Nat Kreamer on the importance of this legislation for clean energy. Read snippets below and the full article here.

Following a marathon overnight session of debate and amendments, the U.S. Senate on Sunday passed the Inflation Reduction Act with all of its $369.75 billion in clean energy spending intact.

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Topics: United In The News, Federal Priorities

Canary Media: Could the Inflation Reduction Act revive solar manufacturing in the US?

Posted by Eric Wesoff on Aug 5, 2022

Canary Media analyzed the IRA's impact on domestic industrial policy for solar power and other clean energy technologies, quoting AEE's Harry Godfrey on how solar manufacturing credits will benefit American manufacturing. Read snippets below and the full article here.

If the Democrats’ major climate and tax bill becomes law, the United States might actually end up with an effective industrial policy for the clean energy and electrification sectors.

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Topics: United In The News, Harrison Godfrey, Federal Priorities

Virginia Business: SCC approves Dominion’s $9.8B offshore wind farm

Posted by Courtney Mabeus and Robyn Sidersky on Aug 5, 2022

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.

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Topics: Virginia, United In The News, Harrison Godfrey, Federal Priorities

Houston Chronicle: Democrats seek to reshape global supply chains for clean energy through spending bill

Posted by James Osborne on Aug 4, 2022

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.

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Topics: United In The News, Harrison Godfrey, Federal Priorities

The Washington Post: How Joe Manchin’s change of heart could revive the U.S. solar industry

Posted by Evan Halper on Jul 30, 2022

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.

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Topics: United In The News, Harrison Godfrey, Federal Priorities

E&E News: Cash, tech, speed: How the Senate bill boosts clean energy

Posted by Benjamin Storrow | E&E News on Jul 29, 2022

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.

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Topics: United In The News, Harrison Godfrey, Federal Priorities

Canary Media: Clean energy would get big boost from new climate bill. Just how big?

Posted by Jeff St. John on Jul 28, 2022

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. 

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Topics: United In The News, Harrison Godfrey, Federal Priorities