Advanced energy economy explained

Formation:November 2011; 9 years ago
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/

Advanced Energy Economy (AEE) is a national trade association representing the advanced energy industry.[1] In 2021, AEE reported over 100 member companies.[2]

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 and leadership

AEE was founded in 2011 by Tom Steyer, 2020 American Presidential candidate,[7] asset manager and philanthropist,[8] and Hemant Taneja, an Indian-born American venture capitalist.[9] George P. Shultz, an American economist, statesman, and businessman, was also instrumental in AEE's creation.[10] In 2011, Graham Richard, an American politician and entrepreneur, was named CEO of the group.[11] In 2018, Nat Kreamer became CEO of AEE.[12] 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. In February 2023, 11-year AEE veteran Heather O'Neill was named President and CEO of the organization. O'Neill previously served as President, Interim CEO, and SVP of Strategic Partnerships. A graduate of Harvard College and the Harvard Kennedy School of Government, O'Neill's previous employer was the Robertson Foundation.[13] Kreamer remains a member of the Advanced Energy Institute Board. [14]

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.[15]

Publications

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,[16] and Advanced Energy Now Market Report, which quantifies U.S. and global advanced energy revenue.[17] AEE also issues annual fact sheets on advanced energy employment in the United States and in several states.[18]

Other AEE reports highlight economic opportunities associated with advanced energy investment and growth. These include Electrifying California: Economic Potential of Growing Electric Transportation[19] and Opportunities for Meeting Commercial & Industrial Demand for Renewable Energy in Indiana.[20]

State Engagement

Advanced Energy Economy provides information to governors, legislators, and Public Utility Commissioners (PUCs) on advanced energy technologies for consumers and the grid.[21] 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.

Federal and Wholesale Market Engagement

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. [27]

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.[28]

Board of directors

As of 2021, AEE's Board of Directors include:[29]

Notes and References

  1. http://www.aee.net/ Advanced Energy Economy's website
  2. Web site: Advanced Energy Economy. AEE - AEE Members. 2021-05-10. www.aee.net. en.
  3. Web site: Advanced Energy Economy. AEE - About AEE. 2021-05-10. www.aee.net. en.
  4. Web site: Advanced Energy Economy Institute - GuideStar Profile. live. 2021-05-10. www.guidestar.org. https://web.archive.org/web/20170320144942/https://www.guidestar.org/profile/80-0373801 . 2017-03-20 .
  5. Web site: Advanced Energy Economy. Join. 2021-05-10. www.texasadvancedenergy.org. en.
  6. Web site: PowerSuite About. 2021-05-10. AEE PowerSuite.
  7. News: Wright . David . Tom Steyer officially announces presidential bid CNN Politics . CNN . 9 July 2019 . en.
  8. Joe Kernen, Becky Quick and Andrew Ross Sorkin "Alternative Energy & the Economy CNBC, December 15, 2011
  9. Joe Kernen, Becky Quick and Andrew Ross Sorkin "Profiting From Clean Energy" CNBC, December 15, 2011
  10. http://www.aee.net/about-us/board-of-directors-aee-institute Advanced Energy Economy - Board of Directors
  11. http://indiana.typepad.com/fwob/2012/03/graham-richard-announced-as-ceo-of-advanced-energy-economy.html "Graham Richard Announced as CEO of Advanced Energy Economy"
  12. Web site: Nat Kreamer, Advanced Energy Economy: Profile and Biography. 2021-05-10. Bloomberg.com. en.
  13. Web site: Thompson . Calista . Advanced Energy United and Institute Announce New CEO . blog.advancedenergyunited.org . en.
  14. Web site: United . Advanced Energy . AEEI: Board of Directors . www.aeeinstitute.org . en.
  15. Web site: Advanced Energy Economy. Team. 2021-05-10. www.aee.net. en.
  16. Web site: Goman. Cara. 2016-01-15. Global Microgrid Market to Reach $35.1B by 2020 and Other Quick Microgrid News. 2021-05-10. Microgrid Knowledge. en-US.
  17. Web site: Choi. Matthew. Interior's oil and gas showdown. 2021-05-10. POLITICO. 25 March 2021 . en.
  18. Web site: Howl. Ethan. 2020-11-10. Stimulus Spending on Clean Energy, Including Microgrids, Could Boost Growth. 2021-05-10. Microgrid Knowledge. en-US.
  19. Web site: Steele. Ty. 2021-04-22. Why California's electric vehicle workforce is expected to double by 2024. 2021-05-10. KCRA. en.
  20. Web site: Bowman. London. Gibson. Sarah. After local pushback, Indiana bill on wind, solar standards takes a '180 degree turn'. 2021-05-10. The Indianapolis Star. en-US.
  21. Web site: Advanced Energy Economy. AEE Webinars PUCs. 2021-05-10. www.aee.net. en.
  22. Web site: Vogelsong. Sarah. March 6, 2020. Virginia Clean Economy Act clears General Assembly, aided by beefed-up ratepayer protections. 2021-05-10. Virginia Mercury. en-US.
  23. Web site: Advanced Energy Economy Letter to Governor Newsom. 2021-05-10. www.scalemicrogridsolutions.com. en.
  24. Web site: APS partners with clean energy business group to reach 100% carbon-free target. 2021-05-10. Utility Dive. en-US.
  25. Web site: NY Set to Expand Electric Vehicle Charging Stations. 2021-05-10. www.publicnewsservice.org.
  26. Web site: Interchange - Filings. 2021-05-10. interchange.puc.texas.gov.
  27. Web site: 2019-10-30. Hearing on "Building a 100 Percent Clean Economy: Solutions for the U.S. Power Sector". 2021-05-17. Democrats, Energy and Commerce Committee. en.
  28. Web site: 'Enormous Step' for Energy Storage as Court Upholds FERC Order 841, Opening Wholesale Markets. 2021-05-17. www.greentechmedia.com.
  29. https://www.aee.net/about/board-of-directors AEE Board of Directors

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