Policy update
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This AEE Fact Sheet details the impact of COVID-19 restrictions on advanced energy companies across the country. A follow-up to an open letter sent to Congress and the White House on March 26, the fact sheet is based on a new survey of AEE member companies, which demonstrates worsening impact on the full range of renewable energy, energy efficiency, energy storage, grid services, and electric vehicle businesses that make up the broad advanced energy industry. The fact sheet also calls for a shift of federal tax credits to direct payment as a no-cost solution to support the industry today and make it ready to accelerate economic recovery following the public health crisis.
Power Generators, Industry Groups, and Think Tanks Ask FERC to Examine Carbon Pricing to Reduce Emissions
As U.S. policy makers look for cost-effective ways to tackle climate change, a diverse coalition of power generators, trade associations, and think tank experts this week asked the Federal Energy Regulatory Commission (FERC) to examine the policy options and implications of carbon pricing policies in competitive wholesale electricity markets. The request, submitted before FERC by a broad cross section of the electric industry and think tank voices, comes at a time when many states, utilities and electric markets are already considering policies that reduce carbon emissions in the electric sector and grappling with whether to integrate carbon pricing directly into the markets. Click here to read the full press release>
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Gov. Ralph Northam's signature of the Virginia Clean Economy Act (VCEA) makes the Commonwealth the first among Southern states to set a goal of 100 percent low-cost and efficient clean energy by 2045. The Act provides incentives for wind and solar power development, consumer ownership of rooftop solar systems, and steps to make old buildings and new construction more energy efficient. Among the goals set in the Act is a target of 5.2 gigawatts of power to come from offshore wind - enough energy to power 1.5 million Virginia homes. Click here to read the full press release>
Aee in the news
The South Florida Sun Sentinel published this commentary from AEE's Dylan Reed: "Across the nation, companies are calling for greater access to renewable energy to power their operations as part of corporate sustainability commitments. Historically, however, Florida has lagged behind other states with respect to options for corporate customers to purchase renewable energy. Just recently, Florida was ranked 48th in the country in providing options for businesses to power their operations with renewable energy. Other states offer numerous options for businesses to have access to renewable energy, including working directly with renewable energy developers to power their operations. Unsurprisingly, states, where these options are available, have experienced the vast majority of renewable energy growth to meet demand from large consumers." Click here to continue reading on the South Florida Sun Sentinel>
on the blog
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I’m sure you don’t need another blog telling you how COVID-19 has changed everything. While I won’t be able to fully avoid some of that here, read on if you want to know what is still happening at some of the state utility commissions around the country where AEE is actively engaged. My colleagues and I are used to traveling to state capitals to engage in regulatory proceedings, and while that obviously isn’t possible, commissions have transitioned much of their work online. There’s some good news here, and if you are like me, you can use all the good news you can get. Click here to continue reading the blog post>
aee webinars
Live on Thursday, April 30 @ 2pm ET | 11am PT
Are your business opportunities and risks hiding in the weeds of energy policy?
- Overwhelmed with information and don't know where to begin to look?
- Not sure what types of policy changes will have the biggest impact on your market segment?
- Trying to understand the difference between a bill and a docket? An application and order?
Join our webinar to learn about the key components of legislation and PUC dockets, best practices for finding value with in them and get advice from our policy experts with live Q&A.
Panelists:
- Eric Fitz, General Manager, AEE PowerSuite (moderator)
- Hannah Polikov, Managing Director, AEE Policy
- Coley Girouard, Principal, AEE Policy
Featured Virtual Events
AEE's Dylan Reed is speaking at 4:40pm EST at the EarthxE Capital Virtual Summit on April 23th. Register here
