Advanced Energy Economy (AEE) is a national trade association representing the advanced energy industry.[1] In 2021, AEE reported over 100 member companies.[2]
| Formation | November 2011; 9 years ago |
|---|---|
| Legal status | Trade Association |
| Purpose | Transform public policy at the state and federal levels to enable rapid growth of advanced energy businesses |
| Headquarters | Washington D.C. |
Key people | Nat Kreamer (CEO); Heather O'Neill (President) |
| Website | https://www.aee.net/ |
AEE states that it is the only industry association in the U.S. that represents the full range of advanced energy technologies and services, both grid-scale and distributed.[3] AEE's stated mission is to transform public policy to enable rapid growth of advanced energy businesses. AEE defines advanced energy technologies and services as included energy efficiency, demand response, energy storage, solar, wind, hydro, nuclear, electric vehicle, biofuels and smart grid.
AEE is associated with Advanced Energy Economy Institute, a 501 (c)(3) nonprofit organization.[4] In Texas, AEE operates as the Texas Advanced Energy Business Alliance.[5] AEE is the developer of PowerSuite, a software platform that enables users to search, track, and collaborate on energy policy.[6]
Founding edit
AEE was founded in 2011 by Tom Steyer, an American asset manager and philanthropist,[7] and Hemant Taneja, an Indian-born American venture capitalist.[8] George P. Shultz, an American economist, statesman, and businessman, was also instrumental in AEE's creation.[9] In 2011, Graham Richard, an American politician and entrepreneur, was named CEO of the group.[10] In 2018, Nat Kreamer became CEO of AEE.[11] An entrepreneur and investor, Kreamer was previously president and CEO of Spruce Finance and its predecessor Clean Power Finance, as well as co-founder, president, and COO of rooftop solar company SunRun.
Today, AEE's board of directors include executives from Apex Clean Energy, CLEAResult, Enel X North America, Landis+Gyr, LS Power, Microsoft, Modern Energy, Pattern Energy, Schneider Electric, and TRC Companies.[12]
Publications edit
AEE commissions and publishes reports and other publications to educate policymakers and the public about the industry. These include This Is Advanced Energy, a catalogue of technologies and services,[13] and Advanced Energy Now Market Report, which quantifies U.S. and global advanced energy revenue.[14] AEE also issues annual fact sheets on advanced energy employment in the United States and in several states.[15]
Other AEE reports highlight economic opportunities associated with advanced energy investment and growth. These include Electrifying California: Economic Potential of Growing Electric Transportation[16] and Opportunities for Meeting Commercial & Industrial Demand for Renewable Energy in Indiana.[17]
State Engagement edit
Advanced Energy Economy provides information to governors, legislators, and Public Utility Commissioners (PUCs) on advanced energy technologies for consumers and the grid.[18] AEE also works with environmental, labor, and justice groups at the state level in support of policies that promote the adoption of advanced energy and remove legislative and regulatory barriers to advanced energy.
- In 2020, AEE was involved in efforts to pass the Virginia Clean Economy Act, which was signed into law by Governor Ralph Northam.[19] The Act mandates that Virginia will have 100% clean electricity by 2045.
- Advanced Energy Economy's influence in California led to Governor Gavin Newsom's executive order to phase out sale of internal combustion engine vehicles by 2035.[20]
- The organization worked with Arizona Public Service Co. (APS) on a plan for the utility to achieve 100% clean energy.[21]
- Advanced Energy Economy raised $701 million in New York for electric vehicle infrastructure programs through regulatory engagement.[22]
- Texas Advanced Energy Business Alliance worked with Public Utility Commission of Texas to open proceedings on electrifying transportation. [23]
Federal and Wholesale Market Engagement edit
AEE has been engaged with the Federal Energy Regulatory Commission (FERC) and has testified before Congress around stimulus for the advanced energy industry and the impact it has on the COVID-19 economic recovery. [24]
Advanced Energy Economy filed in support of maintaining FERC Order 841 requiring that regional grid operators allow energy storage to compete in their wholesale markets.[25]
Board of directors edit
As of 2021, AEE's Board of Directors include:[26]
- Len Diplock, Senior Vice President, Corporate Development and Strategy, CLEAResult
- Mike Garland, President and CEO, Pattern Energy
- Nathan Hanson, Senior Vice President, Energy and Commercial Management, LS Power
- Mark Laabs, CEO, Modern Energy
- Ed Myszka, PowerSector President, TRC Companies
- Surya Panditi, CEO, Enel X North America
- Michelle Patron, Director of Sustainability Policy, Microsoft
- Eamon Perrel, Senior Vice President of Business Development, Apex Clean Energy
- Kevin Self, SVP Strategy, Business Development & Government Relations, Schneider Electric
- Prasanna Venkatesan, President and CEO Americas, Landis+Gyr Inc.
References edit
- ^ Advanced Energy Economy's website AEE.net
- ^ "AEE - AEE Members". www.aee.net. Advanced Energy Economy. Retrieved 2021-05-10.
- ^ "AEE - About AEE". www.aee.net. Advanced Energy Economy. Retrieved 2021-05-10.
- ^ "Advanced Energy Economy Institute - GuideStar Profile". www.guidestar.org. Archived from the original on 2017-03-20. Retrieved 2021-05-10.
- ^ "Join". www.texasadvancedenergy.org. Advanced Energy Economy. Retrieved 2021-05-10.
- ^ "PowerSuite About". AEE PowerSuite. Retrieved 2021-05-10.
- ^ Joe Kernen, Becky Quick and Andrew Ross Sorkin "Alternative Energy & the Economy CNBC, December 15, 2011
- ^ Joe Kernen, Becky Quick and Andrew Ross Sorkin "Profiting From Clean Energy" CNBC, December 15, 2011
- ^ Advanced Energy Economy - Board of Directors AEE.net
- ^ "Graham Richard Announced as CEO of Advanced Energy Economy" Fort Wayne Observed, March 10, 2012
- ^ "Nat Kreamer, Advanced Energy Economy: Profile and Biography". Bloomberg.com. Retrieved 2021-05-10.
- ^ "Team". www.aee.net. Advanced Energy Economy. Retrieved 2021-05-10.
- ^ Goman, Cara (2016-01-15). "Global Microgrid Market to Reach $35.1B by 2020 and Other Quick Microgrid News". Microgrid Knowledge. Retrieved 2021-05-10.
- ^ Choi, Matthew (25 March 2021). "Interior's oil and gas showdown". POLITICO. Retrieved 2021-05-10.
- ^ Howl, Ethan (2020-11-10). "Stimulus Spending on Clean Energy, Including Microgrids, Could Boost Growth". Microgrid Knowledge. Retrieved 2021-05-10.
- ^ Steele, Ty (2021-04-22). "Why California's electric vehicle workforce is expected to double by 2024". KCRA. Retrieved 2021-05-10.
- ^ Bowman, London; Gibson, Sarah. "After local pushback, Indiana bill on wind, solar standards takes a '180 degree turn'". The Indianapolis Star. Retrieved 2021-05-10.
- ^ "AEE Webinars | PUCs". www.aee.net. Advanced Energy Economy. Retrieved 2021-05-10.
- ^ Vogelsong, Sarah (March 6, 2020). "Virginia Clean Economy Act clears General Assembly, aided by beefed-up ratepayer protections". Virginia Mercury. Retrieved 2021-05-10.
- ^ "Advanced Energy Economy Letter to Governor Newsom". www.scalemicrogridsolutions.com. Retrieved 2021-05-10.
- ^ "APS partners with clean energy business group to reach 100% carbon-free target". Utility Dive. Retrieved 2021-05-10.
- ^ "NY Set to Expand Electric Vehicle Charging Stations". www.publicnewsservice.org. Retrieved 2021-05-10.
- ^ "Interchange - Filings". interchange.puc.texas.gov. Retrieved 2021-05-10.
- ^ "Hearing on "Building a 100 Percent Clean Economy: Solutions for the U.S. Power Sector"". Democrats, Energy and Commerce Committee. 2019-10-30. Retrieved 2021-05-17.
- ^ "'Enormous Step' for Energy Storage as Court Upholds FERC Order 841, Opening Wholesale Markets". www.greentechmedia.com. Retrieved 2021-05-17.
- ^ AEE Board of Directors AEE.net