Advanced Energy Perspectives

Before the Pandemic, Advanced Energy was Winning. Here’s What We Have to Do to Get Back in the Winner’s Circle.

Posted by Ryan Katofsky

Jun 4, 2020 1:28:10 PM

Advanced Energy on the move

The COVID-19 pandemic has been a tough time for the advanced energy industry, along with many others. With more than 600,000 jobs lost in the associated shutdown of the economy, the impact has been hard, and the difficulty of getting attention to it in Washington, D.C., even harder. But as states begin to open up, however slowly, and the focus of policymakers, state and federal, turns to jumpstarting economic activity, everyone who works in or cares about the transition to an advanced energy economy should take heart – and speak up.

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Topics: 21st Century Electricity System, Advanced Energy Employment

5 Steps for States to Keep Advanced Energy Progress on Track

Posted by Hannah Polikov

May 18, 2020 3:44:43 PM

Covid Steps for States-730

The numbers are staggering: 33 million Americans have lost their jobs since the start of the COVID pandemic, including nearly 600,000 in the advanced energy industry. And by the end of June, that number could hit 850,000. That would be nearly a quarter of the 3.6 million advanced energy jobs that existed at the start of the year – a time when advanced energy was a $238 billion a year industry in the United States, with employment that was growing nearly twice as fast as U.S. employment overall. For those of us who work in the industry, we know the new reality all too well, as emails bounce back not with “out of office,” but rather “no longer works here” or “has been furloughed.” It’s heartbreaking. But there are things state policymakers – especially governors and public utility commissioners – can do to prevent advanced energy business from coming to a complete halt during the public health crisis, and keep the advanced energy industry in a position to aid the economic recovery that follows. Here we lay out five ways state policymakers could do just that.

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Topics: PUCs, 21st Century Electricity System, Regulatory, Advanced Energy Employment

With Nearly 600,000 Jobs Lost, the Time is Now for Congress to Aid Advanced Energy

Posted by Dylan Reed

May 13, 2020 2:02:10 PM

594K AE Jobs Lost-730

In just two short months, the COVID-19 pandemic has devastated the American economy. The unemployment rate has reached levels that the country has not seen since the Great Depression nearly 100 years ago. Congress and the Trump Administration have responded by providing trillions of dollars of immediate relief to businesses and households to avoid even worse impacts. But no action has been taken on a simple measure that could help save hundreds of thousands of advanced energy jobs that otherwise may never return. The time to act is now, because time is running out.

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Topics: Federal Policy Update, Advanced Energy Employment

At 3.6 Million Jobs in 2019, Advanced Energy Was Growing. Then the Pandemic Hit.

Posted by Bob Keough

Apr 22, 2020 5:04:55 PM

2020 jobs industry-500

Since 2016, the year when authoritative data first became available, we have been reporting the size and growth of employment in advanced energy on an annual basis. During that time, we have seen U.S. advanced energy jobs grow from 2.7 million in 2015 to 3.6 million in 2019. Each year the growth in advanced energy employment has outpaced growth in U.S. jobs overall, often by a factor of two or more. So it is with the latest numbers. But this is not like any other year. Rather, the job growth of last year is now overshadowed by the immediate job losses resulting from the coronavirus pandemic. Now the critical jobs need is sustaining the industry during the lockdown – and making good on the employer expectations of growth coming into 2020 by driving the economic recovery to follow.

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Topics: Federal Policy Update, Advanced Energy Employment

Silver State Deserves Gold Medal for Advanced Energy Job Growth

Posted by Sarah Steinberg

Dec 10, 2019 11:30:00 AM

NVjobsmapsocial-730

While Governor Sisolak and the State Legislature were hard at work passing policy after policy to make Nevada one of the best places in the country to invest in advanced energy, the latest employment figures showed what a strong industry base Nevada has to build on: 33,900 advanced energy jobs in 2018, with employers predicting further growth of 7% for the year now coming to a close. What’s more, advanced energy jobs increased a whopping 31% in Nevada from 2017 to 2018, 10 times the rate of overall job growth in the state and far faster than any other state where AEE has reported employment. That should win the Silver State a Gold Medal!

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Topics: Advanced Energy Employment

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Advanced Energy Perspectives is AEE's blog presenting news, analysis, and commentary on creating an advanced energy economy. Join the conversation!

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