Policy Update
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Texas Advanced Energy Business Alliance (TAEBA) released a new report finding that Texas is well positioned to benefit from the growth of Electric Transportation (ET), which could give the state's economy a significant boost. Already in 2019, the ET sector contributed nearly $690 million to Texas Gross State Product (GSP), equivalent to Convenience Stores and more than twice the economic contribution of Guided Missile and Space Vehicle Manufacturing. Currently, there are more than 1,200 companies employing over 7,100 workers in 203 Texas counties involved in ET-related business. These ET jobs are expected to nearly double grow to over 13,000 workers, including those in the Tesla factory currently under construction outside of Austin, by 2024. “Texas has a significant opportunity to capitalize on a growing electric transportation sector to drive economic recovery, securing thousands of well-paying jobs for Texans,” said Suzanne Bertin, managing director at TAEBA. “This report shows that Electric Transportation already has a foothold in Texas and could contribute to a vibrant, diverse innovative sector, providing business and job gains across the state, including counties and industries that have lost jobs in recent years.”
Continue reading the press release here or click the button below to download the Electric Transportation Supply Chain Report.
on the blog
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In October, the Federal Energy Regulatory Commission (FERC) issued a long-awaited order on plans submitted by PJM Interconnection (PJM) to implement the broad Minimum Offer Price Rule (MOPR) the agency ordered in late 2019. As we’ve detailed in prior posts, the broad MOPR that FERC has imposed in PJM and other regions threatens to exclude advanced energy resources supported by state policies from the centralized capacity markets, a result that could derail state clean energy ambitions and unnecessarily raise costs to consumers. While not approving the compliance plan in its entirety, FERC’s order did accept PJM’s proposal to provide flexibility in the application of the MOPR that could mitigate some of the MOPR’s anticipated negative effects, without eliminating them entirely. Meanwhile, court challenges to FERC’s MOPR policy in PJM are poised to begin, and the broader impacts of FERC’s MOPR-like policies in New York and New England continue to play out, all setting the stage for a new chapter in this ongoing state-FERC saga in the new year, this time with new FERC leadership. Continue reading on the blog. >
AEE Webinars
Recorded 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 recorded webinar, listen to AEE experts discuss 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
Join the Midwest Energy Efficiency Alliance for the region’s premier energy efficiency event. MES 2021 will go beyond a typical online conference, giving you an experience to keep you connected, expand your EE knowledge and facilitate important business opportunities. Register today >
