Advanced Energy United Reports

United partnered with the Burning Glass Institute, a nonprofit labor market analytics center, to research jobs in demand by advanced energy employers as manifested in online job postings and applying that analysis to the distribution of new advanced energy jobs on a granular basis, identifying the top job opportunities for those with and without college degrees, what those positions require in terms of education, training, and experience, and the salaries those positions provide.

With the passage of the Infrastructure Investment and Jobs Act (IIJA) and the Inflation Reduction Act (IRA), funds are available to state, local, and tribal governments; electric utilities; businesses; schools; nonprofit organizations; households; and other entities for a variety of advanced energy infrastructure projects.

On June 16, 2022, FERC issued a Notice of Proposed Rulemaking (NOPR) proposing changes to its regulations governing interconnection processes and agreements. The NOPR comes as interconnection delays across the country are slowing project development, with three times as many requests waiting in interconnection queues today as there were five years ago. FERC’s NOPR seeks to resolve these backlogs by proposing solutions that balance increased requirements for interconnecting generators to demonstrate commercial viability and “readiness” to stay in the interconnection queue and firmer obligations for transmission providers to complete studies on time.

“Understanding FERC’s Proposal for Relieving Interconnection Delays” summarizes the key provisions of FERC’s NOPR, describes how FERC proposes to change the responsibilities of interconnection customers and transmission providers, and highlights the challenges that FERC will need to address in a final ruling in order to break the delays and wait times that plague clean energy projects today.

AES Indiana’s 2022 Integrated Resource Plan (IRP) is an important planning exercise that will set the direction of the utility’s investments over the next two decades. Indiana’s electric system in 2042 will be fundamentally different from the grid of 2023, and will require a fundamentally different resource mix.

On Friday, August 12, the Inflation Reduction Act (H.R. 5376, IRA) passed the U.S. House of Representatives, the final stop in the legislative process before it arrives at President Biden’s desk for his signature. With over $396 billion in direct federal investments in advanced energy, transportation, and manufacturing, the IRA represents the largest climate and clean energy bill in US history – as well as one of the largest pieces of industrial policy in the modern era.

AEE’s Advanced Energy Manufacturing and Infrastructure (AEMI) Working Group dug into the details of the IRA and produced this detailed synopsis, cross-referencing it with other publicly available summaries to ensure accuracy. Many thanks to the team at Wilson Sonsini Goodrich & Rosati, which provided a careful review and additional analysis.

The Infrastructure Investment and Jobs Act of 2021 and Inflation Reduction Act of 2022 will deliver unprecedented investment in advanced energy deployment and production in the United States. Drawing on previous Advanced Energy United (previously Advanced Energy Economy) reports on federal stimulus proposals, this report estimates the economic impact of these two federal laws, both nationally and in 13 selected states. This analysis shows that the combined $444 billion invested through IIJA and IRA will stimulate an additional $1.2 trillion in private investment and result in:

• $2.8 trillion in total incremental economic activity (GDP)
• An increase in employment by 23 million jobs (in job-years)
• $505 billion in tax collections, and
• $60 billion in annual consumer savings

This would represent a six-fold return on investment of federal dollars in advanced energy growth.

Advanced Energy United (previously Advanced Energy Economy)’s vision is 100% clean electricity and electrified transportation in the U.S., and we support a broad range of technologies, products, and services that will get us to that goal.