News

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:

Letter also lauds two-year bridge for solar imports, calls for swift end to Auxin investigation 

WASHINGTON, June 29, 2022 – Today, national business association Advanced Energy Economy (AEE) sent a letter to the Department of Commerce, Department of Energy, the White House, and leaders on Capitol Hill strongly defending President Biden’s use of the Defense Production Act (DPA) to expand domestic production of “five critical clean energy technologies,” including solar, heat pumps, power grid infrastructure, building insulation, and equipment for making and using clean electricity-generated fuels.  

As the letter details, this action is vital to address the immediate issues of rising energy prices, U.S. and European exposure to Russian oil and gas, and America’s security interests. AEE called upon the Administration and Congress to significantly increase resources in the DPA Fund to meet this moment. In addition, Congress should harness reconciliation to pass a robust package of energy and manufacturing incentives, akin to those in Build Back Better, to build on the progress the DPA should initiate. AEE Managing Director Harrison Godfrey provided the following statement about the letter and its message to the Administration:

WASHINGTON, June 14, 2022 – Today, national business association Advanced Energy Economy (AEE) joined with public utilities and privately owned power generators in filing a motion to intervene in the U.S. Court of Appeals case Ohio v. EPA with the intent of defending the Biden Administration’s reinstatement of California’s long-standing Clean Air Act waiver. That waiver allows the state to set vehicle emissions standards that are more protective of public health than federal standards, and to implement zero-emissions standards for light-duty vehicles, both of which other states are allowed to adopt as well.

WASHINGTON, June 6, 2022 – Today national business association Advanced Energy Economy (AEE) celebrated the announcement from the Biden Administration that it will expand use of the Defense Production Act to include solar panels and component parts, as well as building insulation, heat pumps, electrolyzers, platinum group metals, fuel cells, and transformers. The White House also announced a pause on solar trade tariffs to allow clean energy projects across the country to be built while the country scales up domestic manufacturing of supply chain components. 

“This is a needed stay in a more than decade-long tariff war that has been a loser for all parties,” said AEE CEO Nat Kreamer. “Tariffs only raise costs for consumers and don’t create domestic demand for clean energy. These announcements today provide much-needed stability to the solar industry and the clean energy transition at large, and send the message to Congress that now is the time to act urgently to build the clean energy domestic manufacturing industry this country needs to protect consumers and become energy independent.

The Washington Post reported on federal clean energy tax credit negotiations, citing AEE-led meetings with Senator Joe Manchin and Energy Secretary Jennifer Granholm to discuss the policy. Read snippets below and the full article here.

Clean energy executives on Thursday met separately with Sen. Joe Manchin III (D-W.Va.) and Energy Secretary Jennifer Granholm to discuss the clean energy tax credits in President Biden's stalled budget reconciliation bill.