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.
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California Engagement,
Wholesale Markets,
Press Releases,
Economic Impact,
Amisha Rai,
California
RTO Insider detailed New York's decarbonization plan, quoting Angela Kent on how it will support local economies. Read snippets below and the full article here.
New York’s Climate Action Council approved its Scoping Plan for meeting the state’s decarbonization goals Monday, saying the plan will save the state more than $100 billion and create hundreds of thousands of jobs.
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United In The News,
New York
Phoenix Business Journal published Shelby Stults’ opinion piece on Governor-elect Katie Hobbs’ unprecedented opportunity to accelerate advanced energy growth in the state. Read snippets below and the full article here.
Katie Hobbs will take office as Governor with an enormous opportunity to lower energy costs and improve the landscape for clean energy businesses in Arizona. Arizona is projected to receive $11 billion for clean energy investments thanks to the federal Inflation Reduction Act and last year’s Infrastructure Investment and Jobs Act — and these dollars have the potential to transform Arizona’s economy. The investments will create more than a million new jobs in Arizona and spark a whopping $162 billion in economic impact for the state, a 15-fold return on investment...
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Federal Priorities
HuffPost detailed how utility commissioner races will impact America's energy transition, quoting Leah Rubin Shen on how states can use the IRA to avoid rate hikes. Read snippets below and the full article here.
With Arizona’s votes finally tallied this week, Republicans won all but one of the 15 utility commissioner contests in this month’s midterm elections, securing the GOP’s control over critical energy decisions in nine states.
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State Policy,
Regulatory,
United In The News,
Leah Rubin Shen,
Federal Priorities
The Santa Fe New Mexican published Gabriela Olmedo's article on how New Mexico Governor Michelle Lujan Grisham can lower energy costs and boost clean energy jobs for New Mexicans following her reelection. Read snippets below and the full article here.
After winning reelection, Michelle Lujan Grisham returns to the Governor’s Office with an enormous opportunity to lower energy costs and boost clean energy jobs for New Mexicans.
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State Policy,
United In The News
Bloomberg detailed how the midterm election results could push climate issues to the states, quoting J.R. Tolbert on the role utilities and state regulators play in the energy transition. Read snippets below and the full article here.
In former President Donald Trump and current President Joe Biden, the US had a climate-change denier followed immediately by the greenest White House yet. Many states responded to the Washington whiplash with moves of their own. Under Trump, more than a dozen adopted ambitious decarbonization targets, while, under Biden, others have put anti-green laws on the books.
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United In The News,
Federal Priorities
Inside Indiana Business featured AEE's Indiana jobs fact sheet, quoting Caryl Auslander on how clean energy is outpacing other sectors. Read snippets below and the full article here.
INDIANAPOLIS - A new report from Advanced Energy Economy says the increase in the number of clean energy jobs in Indiana more than doubled the state’s overall job growth in 2021. The national trade association says Indiana employed 89,000 Hoosiers last year in advanced energy jobs, representing a 6.9% increase over the previous year. “Advanced energy jobs are growing. They’re in-demand, high-paying jobs, and we’re just seeing a huge boom, especially in the electric vehicle space,” said Caryl Auslander, director of Indiana Advanced Energy Economy.
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Caryl Auslander
RTO Insider examined Virginia's new energy plan, quoting Kim Jemaine on how it stifles the governor's goal of reliability, affordability, innovation, and competition. Read snippets below and the full article here.
Virginia Gov. Glenn Youngkin (R) on Monday released an energy plan that focuses on developing still-untested carbon-free resources while calling into question the ability of current renewable technology to make up for lost capacity as the state shifts away from fossil fuels.
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Virginia,
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Kim Jemaine
The Virginia Pilot detailed Gov. Glenn Youngkin's new energy plan, quoting Kim Jemaine on how it takes the Commonwealth off course. Read snippets below and the full article here.
Gov. Glenn Youngkin unveiled a new energy plan on Monday that he said calls for a flexible approach.
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Virginia,
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Kim Jemaine
Loudoun Times Mirror detailed Virginia's new Energy Plan, quoting AEE's Kim Jemaine on how the updates run counter to the Governor's stated goals. Read snippets below and the full article here.
Virginia Governor Glen Youngkin is not ruling out any energy source including fossil fuels in his quest to provide the Commonwealth with a reliable and affordable supply of clean power. Instead, he is placing the Commonwealth’s energy future on a path towards more nuclear and natural gas generation as opposed to wind and solar.
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Virginia,
United In The News