Publish Date: October 24, 2024
In 2023, advanced energy employment nationwide increased by 4%, more than double the growth rate of the overall U.S. labor market. Advanced energy jobs surged from 2022 to 2023, with 4.1 million U.S. workers now working in the sector. Some of these gains were driven by the early impact of tax credits from the Inflation Reduction Act and the Infrastructure Investment and Jobs Act.
Topics: State Policy, Virginia, Advanced Energy Employment, Texas, Arizona, Pennsylvania, Economic Impact, California, Nevada, Massachusetts, Maryland, Connecticut, New Jersey, Rhode Island, New York, Colorado, New Mexico, Florida
Publish Date: May 6, 2024
Large-scale Medium- and Heavy-Duty vehicle (MHDV) electrification has the potential to put downward pressure on electric utility rates, provide valuable grid services, save money for fleet owners, and reduce pollution and GHG emissions. Preparing our electric grid and building the electrical capacity to power our transportation sector will be one of the largest logistical and public policy challenges over the next decade and one of the most valuable infrastructure investments we’ve made in generations.
Topics: Advanced Transportation, Pennsylvania, Illinois
Publish Date: February 1, 2024
Pennsylvania’s Alternative Energy Portfolio Standards (AEPS) require electricity suppliers to include specified percentages of renewable energy and several alternative energy production technologies in their supply mix, creating a market mechanism to increase demand for those energy resources—but the law’s requirements plateaued in 2021.
A new report written by Gabel Associates and released by Advanced Energy United, MAREC Action, and the American Clean Power Association found that more than $13.1 billion could be invested in Pennsylvania over the next seven years and 129,000 jobs could be created if policymakers increase the AEPS to require 30% renewable generation by 2030.
Topics: State Policy, Pennsylvania