News

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.

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.

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.

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. 

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 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.

WASHINGTON, DC, May 13, 2022— National business association Advanced Energy Economy (AEE) delivered a sign-on letter to the U.S. Senate and White House Administration stressing the importance of production-based manufacturing credits as a means of growing the industry domestically. 

Utility Dive cited AEE's Harry Godfrey on Biden's decision to invoke the Defense Production Act and spur domestic production of minerals. Read snippets below and the full article here.

In an effort to increase U.S. energy independence, President Joe Biden on Thursday invoked the Defense Production Act to spur domestic mining and processing of minerals used to make batteries for electric vehicles and energy storage facilities.