Indiana Opportunities for Demand-Side Resources

Posted by Reports on Sep 14, 2022 2:21:17 PM

Publish Date: September 8, 2022

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.

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Topics: State Policy

2022 Advanced Energy Employment Fact Sheets

Posted by Reports on Sep 6, 2022 7:00:00 AM

Publish Date: September 6, 2022

Nationally, advanced energy employment bounced back from COVID-related job losses with 4.8% growth from 2020 to 2021, faster than overall U.S. job growth of 2.8%, adding 155,000 jobs. Advanced energy jobs are not all the way up to the previous peak of 2019, but they are on an upward trajectory that will only accelerate with the billions of dollars for clean energy investment provided by the federal Infrastructure Investment and Jobs Act and Inflation Reduction Act.  

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Topics: State Policy, Advanced Energy Employment, Economic Impact

Advanced Energy Provisions in the Inflation Reduction Act

Posted by Reports on Aug 19, 2022 9:30:38 AM

Publish Date: August 15, 2022

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.

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Topics: Federal Policy

Economic Impact of Advanced Energy Investment From the Infrastructure Investment and Jobs Act and Inflation Reduction Act

Posted by Reports on Aug 11, 2022 9:47:11 AM

Publish Date: August 11, 2022

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.

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Topics: Federal Policy

Western RTO Economic Impact Studies

Posted by Reports on Jul 26, 2022 2:21:06 PM

Updated: January 25, 2023; region-wide analysis published July 26, 2022

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Topics: State Policy, Wholesale Markets, Transmission, Western RTO