News

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. 

The state’s pending budget shortfall could jeopardize its 100% clean power and zero-emission vehicle targets.

SACRAMENTO, January 10, 2023 – Today, national business group Advanced Energy United (formerly Advanced Energy Economy) responded to California’s impending $24 billion deficit. The organization released the following statement from Principal Emilie Olson in advance of Gov. Gavin Newsom’s budget release:

CEO Nat Kreamer says name change reflects the organization’s strength as a unifying force for the entire industry

WASHINGTON, DC, January 3, 2023 – Today, national business association Advanced Energy Economy, a leading policy voice for the advanced energy sector, rebranded as Advanced Energy United, with plans to expand its advocacy and engagement portfolio on behalf of an industry with a combined market capitalization in excess of $3 trillion.

“At Advanced Energy United we're bringing together the leaders of the clean energy sector to open doors for the technologies needed to create a more affordable, reliable, and cleaner energy future,” said Advanced Energy United CEO Nat Kreamer. “The new name is designed to better reflect our strength as a unifying force for companies that create and support a goal of 100% clean energy and electrified transportation in the U.S.”

Plan establishes a roadmap for the achievement of New York’s aggressive statewide decarbonization goals

ALBANY, NY, December 19, 2022 – Today, national business group Advanced Energy Economy (AEE) congratulated New York State’s Climate Action Council on the release of its final scoping plan to implement the clean energy and decarbonization goals of New York’s 2019 Climate Leadership and Community Protection Act (Climate Act).

“New York now has a plan for removing most carbon emissions from the state’s economy, an ambitious and laudable goal that will increase clean energy use, put more New Yorkers to work, and support local economies,” said Angela Kent, Policy Principal at AEE. “With a decarbonization plan in hand, Governor Hochul and state leaders should act swiftly to implement the plan’s recommendations, especially in order to make it easier for clean energy projects to connect to the grid, and create new financial incentives for communities to switch to clean energy.”

Letter asks AES and Duke Energy for a new Green Tariff program

INDIANAPOLIS, IN, December 15, 2022 – Today, Indiana Advanced Energy Economy (Indiana AEE) is joined by the cities of Indianapolis and Bloomington, as well as companies Coca-Cola, Walmart, Salesforce, Cummins, Rivian, and Roche, all of which have headquarters or major operations in Indiana, in calling on Indiana’s two largest utilities, Duke Energy and AES, to make it easier to purchase renewable energy in the state.

December 8, 2022 – Earlier this week, AEE released findings from three new state-specific reportsfor Colorado, New Mexico, and Arizona showing how joining a Western RTO would power economic growth. Check out what more leaders from across those states are saying about the numbers: 

December 8, 2022 – Earlier this week, AEE released findings from three new state-specific reportsfor Colorado, New Mexico, and Arizona showing how joining a Western RTO would power economic growth. Check out what more leaders from across those states are saying about the numbers: 

Colorado Governor Jared Polis: “We are continuing to save people money, lower energy bills, and bring more good-paying jobs to Coloradans, and this new report confirms that a Western market advances our bold work achieving these goals. Colorado has committed to join a Western market by 2030, and we look forward to continuing to work with leaders across the region to lower energy costs while making progress towards our goal of 100% renewable energy by 2040."

Joining a Western RTO would power economic growth and save residents millions in annual energy costs.

December 6, 2022 – Joining a Western RTO would create thousands of permanent jobs and save ratepayers millions of dollars in annual energy costs, according to new data from Advanced Energy Economy. The findings fromthree new state-specific reportsfor Colorado, New Mexico, and Arizona are based on a recent west-wide analysis conducted by independent consulting firm Energy Strategies on behalf of AEE that examined the economic impact of establishing a regional power grid.

The Department found imports of certain solar panel components circumvented existing U.S. tariffs on China.

WASHINGTON, Dec. 2, 2022 – Today, national business association Advanced Energy Economy reacted to the Department of Commerce’s preliminary determination that Chinese solar companies were circumventing U.S. trade restrictions. The investigation found that a number of Chinese solar companies were dodging existing tariffs by routing products through Southeast Asian nations. President Biden previously extended a 24-month pause on new solar tariffs, which is expected to forestall the immediate impacts of this determination on the solar industry. 

WASHINGTON, DC, October 19, 2022 – Today, the Department of Energy announced it is awarding $2.8 billion to 20 companies using investments made in the Bipartisan Infrastructure Law. The projects will go towards building and expanding commercial-scale facilities in 12 states to extract and process lithium, graphite, and other battery materials, manufacture components, and demonstrate manufacturing components from recycled materials.