Policy Update
This week, decision makers in Nevada are facing a grim reality, as the Economic Forum delivers its General Fund revenue forecast today. As Gov. Sisolak and state legislators prepare the biennial budget for FY 2021-2023, hope for a federal stimulus package has revived, with the incoming Biden administration making COVID-19 relief and rebuilding the economy among its top priorities. “The incoming Biden administration’s commitment to working toward a fiscal relief package for states offers Nevada a lifeline in the face of a devastating budget outlook. Smart investment of those dollars in advanced energy technologies can create a lasting impact for residents, businesses, municipalities, and the state’s economy,” said Sarah Steinberg, policy principal at AEE. “Such public investment will attract billions of dollars in private investment for a six-fold boost on the Nevada economy.” Continue reading the press release here or click below to download the Nevada Economic Impact Report. >
AEE released the statement in response to the final report released by the Indiana General Assembly’s 21st Century Energy Policy Task Force, referencing our Nov. 17 written testimony to the task force, and our 2021 policy priorities. “We applaud the Task Force for recognizing that advanced energy offers significant opportunities for Indiana to create jobs and attract new investment, as well as the importance of standardizing requirements for siting energy resources throughout the state. However, the report is divorced from the true reality of Indiana’s energy needs today,” said Leah Rubin Shen, director at AEE. “The 21st Century Energy Task Force was supposed to provide Hoosiers with a roadmap for our energy future. Instead, the Task Force gave us a bridge to the past: a series of findings and recommendations that seem focused on locking Indiana into the energy sources of the 20th century instead of reaping the benefits of lower consumer cost, more customer control, and economic growth that would come from an advanced energy future in the 21st century.” Continue reading the press release here. >
on the blog
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While the typical electric vehicle in the minds of most consumers may be a compact urban car or possibly a luxury sedan – call it “Tesla Envy Syndrome” – 2020 has been the Year of the Electric Truck. Large companies, including Walmart, PepsiCo, and Sysco, have announced plans to begin replacing their fleets with electric trucks, and the pandemic’s increase in residential delivery has prompted Amazon, FedEx, and UPS to speed up the switch to electric. Market analysts predict rapid growth in this sector through the next decade. This is in large part due to the savings from reduced fuel and maintenance costs over the life of electric trucks. But with major product announcements this year, the savings and performance benefits of electric-powered vehicles will soon be available to pickup drivers too. Continue reading on the blog. >
AEE Webinars
Live on Tuesday, December 8, at 1pm ET/10am PT
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COVID-19 may have made 2020 annus horribilis, but the public health crisis was only part of the story of advanced energy this year. The pandemic took its toll on the industry – and forced adjustments in business and regulation – but underlying trends in markets and technology continued to favor advanced energy. FERC issued orders and policies that helped (and sometimes hurt) advanced energy in wholesale markets, new states set their sights on 100% clean energy (and transportation), and a record-setting national election changed the political landscape in some ways, and in some ways not. In this webinar, hear from AEE experts on a year we’ll never forget – and what to look for in the year to come.
Panelists
- Robert Keough, SVP Content, AEE (Moderator)
- Nat Kreamer, CEO, AEE (Industry)
- Hannah Polikov, Managing Director, AEE Policy (COVID -19)
- Jeff Dennis, Managing Director and General Counsel, AEE Policy (FERC)
- J.R. Tolbert, Managing Director, AEE Policy (State Policy)
- Leah Rubin Shen, Director, AEE Policy (Election)
Featured online events
Over the past few months, western states have been ravaged by some of the worst wildfires on record, leading to power outages both planned and unplanned. As transportation becomes electrified, we will see both greater reliance on the electric grid and more availability of distributed storage capacity. How do we ensure universal access to charging? And, how do we make use of the distributed storage in EVs of all types – passenger vehicles, school and transit buses, delivery vehicles – to help out communities disrupted by disaster? AEE Managing Director, Matt Stanberry, discusses these questions and more with an esteemed panel!
Register here for the third and final part of our virtual conference.
