What Would a Regional Electricity Market Do for the West? Plenty

Posted by Amisha Rai on Aug 2, 2022 1:00:00 PM

Blog-Post_2022-08-02 745

As the West deals with a record-setting heat wave that is fueling catastrophic droughts and wildfires and is testing the limits of America's aging power grid, our team at AEE is focused on how we can improve grid resilience and connect more clean energy by establishing a regional transmission organization (RTO) to operate the power grid for Western states. Now, we can say with certainty just what the West would gain in savings, jobs, and economic growth - and it’s a lot.

Read More

Topics: Wholesale Markets, Economic Impact

‘Factbook’ shows advanced energy powered through 2021

Posted by Cayli Baker on Mar 8, 2022 2:00:00 PM

Blog-Post_2022-03-09 745

All eyes were focused on energy negotiations in Washington for the better part of 2021, but with less fanfare, advanced energy companies powered a record-breaking year for investment in the energy transition. BloombergNEF and the Business Council for Sustainable Energy’s 10th annual Sustainable Energy in America 2022 Factbook released last week quantifies the industry’s progress with year-over-year data and insights on energy efficiency and renewables. The Factbook records new highs in the deployment of renewable power, battery storage, and electric transportation, despite lingering COVID setbacks and supply chain bottlenecks economy wide.

Read More

Topics: Advanced Energy Now Market Report, Economic Impact

Rising Prices Got You Down? Advanced Energy is the Answer

Posted by Bob Keough on Feb 23, 2022 11:00:00 AM

Blog-Post_2022-02-23 745

After nearly two years of pandemic paralysis, the new worry about the U.S. economy is inflation. After a long period of stability, prices are up, taking a bite out of household spending power. And as usual when prices rise, some of the most visible evidence can be found at the gas pump and in heating bills. But the spike in these energy prices shouldn’t be thought of as inflation at all. Rather, it’s a function of volatility, which is an inherent feature of fossil fuels. The answer to this price volatility is not found in the Strategic Petroleum Reserve, gasoline-tax holidays, or interest-rate increases. The solution is advanced energy.

Read More

Topics: Federal Policy, Economic Impact

Infrastructure Act Funding for School Bus Electrification Will Have Economic Impact

Posted by Ryan Gallentine on Dec 8, 2021 9:00:00 AM

02-Dec-2021_Electric Bus Blog - 745

What electric school buses do for air quality is well known. Swapping diesel buses for electric buses eliminates these vehicles as sources of local air pollution, which affects the schoolchildren who ride them every day as well as the communities they travel through. But investing in electric school buses also contributes to the economy. With the funding for school bus electrification provided in the recently passed infrastructure billthat economic boost is on the way. 

Read More

Topics: Federal Policy, Advanced Transportation, Economic Impact

Does the U.S. Have What It Takes to Rule Electric Transportation? You Bet

Posted by Claire Alford and Ryan Gallentine on Aug 24, 2021 3:00:00 PM

Electric Transportation Dominance

In the 1920s the United States dominated the automobile market, led by Henry Ford and the Ford Motor Co. Before that, cars were difficult to make and expensive to buy. But thanks to Ford’s Model T and (then) newfangled assembly line production, the demand for cars became overwhelming, driving production into high gear, putting Americans to work with higher wages, and lowering the cost of these vehicles. This phenomenon occurs with most new technologies, from the desktop computer to the toaster. So, it is no surprise that we see the same phenomenon happening with electric vehicles (EVs) nearly 100 years later. Question is: Is the U.S. prepared to dominate the EV market the way it did in Henry Ford’s time?

Read More

Topics: Advanced Transportation, Advanced Energy Employment, Economic Impact, Manufacturing and Infrastructure