News

Plan calls for U-turn away from cleaner, cheaper energy future in Virginia, says business group

RICHMOND, VA, October 3, 2022 – Today, business association Virginia Advanced Energy Economy reviewed the new Energy Plan proposed by the Governor Youngkin Administration, and Kim Jemaine, Director at Virginia AEE, released the following statement:

Standard will ensure 100% of new cars sold in state will be zero-emission or plug-in hybrid by 2035 

ALBANY, NY, September 29, 2022 – Today, national business group Advanced Energy Economy (AEE), and electric vehicle manufacturer Rivian, commended Governor Kathy Hochul for committing New York to adopt the Advanced Clean Cars II (ACC II) rule. Building upon the original 2012 ACC program, ACC II establishes a year-by-year roadmap to ensure 100% of new cars and light trucks sold in New York will be zero-emission vehicles (ZEVs) and plug-in hybrid electric vehicles (PHEVs) by 2035.

“Adopting this program sends a loud and clear message to carmakers that New Yorkers want electric vehicles,” said Leah Meredith, Principal at AEE. “With electric vehicles in high demand but currently in short supply, carmakers are prioritizing the states that speak up, and the Governor’s announcement helps ensure that New Yorkers will have the full range of electric vehicle models to choose from. And by increasing the number of new electric vehicles in New York, this program will also quicken the development of a robust market for used electric vehicles.”

Joining a Western RTO could create up to 21,000 jobs and save Nevadans millions in energy cost.

CARSON CITY, September 28, 2022 — A new analysis shows Nevada would see significant economic benefits from joining a regional electric grid with neighboring states. The study, conducted by independent consulting firm Energy Strategies on behalf of business association Advanced Energy Economy (AEE), found that joining a regional transmission organization (RTO) could generate upwards of $2 billion in new Gross State Product (GSP) for Nevada and upwards of 20,000 permanent, living-wage jobs across diverse sectors of the economy.

The advanced energy industry employed 3.4 million workers at the end of 2021, and workforce growth outpaced overall U.S. job growth

WASHINGTON, D.C., September 6, 2022 – Today, national business group Advanced Energy Economy released its annual U.S. advanced energy employment fact sheet highlighting job trends across the industry. Outpacing overall U.S. job growth, the advanced energy workforce took a strong upturn in 2021, employing 3.4 million workers at the end of 2021 and bouncing back from COVID-19 disruptions. 

Multibillion-dollar budget investments set to help California deliver on new 2045 carbon-neutrality law, among other clean energy targets  

California’s Advanced Clean Cars II rule can empower other states to adopt stronger clean vehicle targets and accelerate the growth America’s electric transportation workforce

WASHINGTON, D.C., August 25, 2022 — Today, national business group Advanced Energy Economy (AEE) applauded the California Air Resource Board decision to require 100% of all new light-duty vehicle sales in the state be zero-emission by 2035. Referred to as the Advanced Clean Cars II (ACCII) rule, the move is the next step in the state’s Clean Cars program, which has helped create a national market for more efficient, less polluting vehicles. More than a dozen states have adopted California’s previous vehicle emission standards, as the federal Clean Air Act allows.

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.

Resolution from Assemblymember Holden lays the foundation for a better electric power grid for California and states across the West 

SACRAMENTO, August 11, 2022 — Today, national business group Advanced Energy Economy (AEE) celebrated the California Legislature’s passage of ACR 188, which kickstarts discussions about California’s role in improving the Western power grid in collaboration with other states in the region.  

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:  

The project is set to be the largest offshore wind farm in America and could cement Virginia as the nation’s leading wind power hub 

RICHMOND, August 5, 2022 — Business association Virginia Advanced Energy Economy (AEE) applauded  today’s State Corporation Commission decision greenlighting construction of the Coastal Virginia Offshore Wind (CVOW) project 27 miles off the coast of Virginia Beach. The project is set to be the largest offshore wind farm in North America and follows the landmark 2020 Virginia Clean Economy Act (VCEA), which included specific provisions to encourage the development of offshore wind, helping Virginia’s largest utility go 100% clean by 2045.