Advanced Energy Perspectives

The 2022 election is still not in the books, but with the outcome of most contests already known, advanced energy and its champions at the state and federal level were clear winners. Heading into any midterm election we expect to see a swing away from the sitting president’s party. This year that meant the potential to see the progress of the past four years slowed in key states across the country and at the federal level. But now, with the votes mostly tallied, we can say the stage is set for more clean energy progress next year, especially with the funds and incentives from federal legislation arriving in states ready to put it to work.

Last week, the White House and Congress celebrated the one-year anniversary of the Infrastructure Investment and Jobs Act – IIJA, also known as the Bipartisan Infrastructure Law. Between IIJA and the more-recently enacted Inflation Reduction Act (IRA), the federal government has devoted almost $500 billion in grants, tax credits, and other incentives to accelerate America’s energy transition, electrify transportation, and address many of the energy-related challenges facing the nation. For all the attention paid to the work inside the Beltway, however, whether the U.S. realizes that potential hinges largely on what happens outside the Beltway.

While much attention is focused on key Congressional races as we head into Election Day, the outcomes of contests for governor and state legislative seats could be just as consequential for the clean energy industry—if not more so. To ensure state policies help advanced energy and transportation make the necessary strides needed for the U.S. to reach net zero, AEE met with more than 130 candidates in key races to emphasize the value of clean energy.

For the second time this year, Nevada’s energy leaders are convening to discuss the future of Nevada’s transmission system. Born from bipartisan (and AEE-supported) Senate Bill 448 (2021), the Regional Transmission Coordination (RTC) Task Force is charged with studying issues and policies related to transmission development and regional electricity markets for the Silver State. At the meeting today, the Task Force will hear about several competing efforts to create a more efficient and affordable western grid. There will be presentations from the California Independent System Operator, the Southwest Power Pool, and the Western Power Pool – each vying for Nevada’s attention and consideration. And while the exact contours of the West’s “Grid of the Future” remain to be determined, the benefits of a west-wide power system are becoming increasingly clear.

Extreme weather. Spiking natural gas prices. Peak levels of electricity use that push the grid to its limit. Our energy system faces a growing set of challenges, and our utilities and their regulators have to make big infrastructure and investment decisions today to solve those challenges. But even with a growing number of advanced energy technologies and solutions available – including those on the demand-side – many electric utilities just want to build more natural gas-fired power plants. We think there is a better way. Here’s how utilities – and one utility in particular – can use rates, incentives, and technology to manage energy use and save customers money.