Fundamental market forces — the addition of highly efficient new gas-fired resources, low natural gas prices, and flat demand for electricity — are primarily responsible for altering the profitability of many older merchant generating assets in the parts of the country with wholesale competitive markets administered by Regional Transmission Organizations (RTOs). As a result, some of these resources (mostly coal- and natural gas-fired generating units, but also many oil-fired power plants and a handful of nuclear power plants) have retired from the system or announced that they will do so at a future date.
View this complete post...Posts Tagged ‘AEE’
Electricity Markets, Reliability and the Evolving U.S. Power System
Monday, July 3rd, 2017Opportunities to Increase Corporate Access to Clean Energy
Friday, August 12th, 2016Advanced energy sources that use little or no fuel, such as wind, solar, hydropower, fuel cells, and energy storage create opportunities for corporations to capture savings and hedge against energy price volatility. The price of advanced energy sources has decreased dramatically during the past decade, and companies are increasingly seeking to purchase power from these resources in order to increase competitiveness and achieve corporate responsibility targets. A growing number of corporations have set formal goals for purchasing renewable energy, which they are integrating into their operations and decision making.
View this complete post...Advanced Energy Now 2016 Market Report
Monday, March 7th, 2016ADVANCED ENERGY ECONOMY
For 2015, the advanced energy market totaled nearly $1.4 trillion in estimated global revenue, up 8% over 2014 and 17% higher than 2011, counting only products for which we have five years of revenue data. The global market for advanced energy in 2015 was twice as big by revenue as the airline industry, bigger than the global fashion industry, and approaching worldwide spending on media and entertainment. (Figure 1.1) From 2014 to 2015, advanced energy revenue grew at more than three times the rate of the world economy overall.
Corporate Demand for Renewable Energy in Michigan
Monday, February 8th, 2016ADVANCED ENERGY ECONOMY (AEE)
Leading corporations nationwide have demonstrated their desire to purchase renewable energy. As of 2014, 43% of Fortune 500 companies and 60% of Fortune 100 companies have set climate and/or clean energy targets,1 and as of December 2015, 49 major corporations, representing a market cap of $15 trillion, have signed on to the Corporate Renewable Energy Buyers’ Principles (see appendix).
This is Advanced Energy
Monday, January 25th, 2016ADVANCED ENERGY ECONOMY
The pages of this report are filled with technologies that deliver a variety of benefits to our energy system and enable a transformation that will result in reliability, affordability, consumer choice, and innovation across the board. This transformation is well underway in every state across the country as utilities, businesses, and customers embrace the advantages of advanced energy.
Peak Energy Demand Reduction Strategy
Tuesday, October 27th, 2015After launching a project assessing peak demand and demand response (DR) standards at the state level, Advanced Energy Economy (AEE) discovered that no currently existing study examined existing DR programs or made recommendations on best practices for structuring a DR/peak demand initiative. AEE engaged Navigant to perform quantitative and qualitative analysis in order to gain an understanding of peak demand reduction standards, their potential benefits, and how such standards should be designed.
View this complete post...Toward a 21st Century Electricity System in California
Monday, August 31st, 2015ADVANCED ENERGY ECONOMY INSTITUTE (AEE INSTITUTE)
California’s portfolio of policies, statutes and regulatory actions, whether existing or proposed, has set the state on a path to significant de-carbonization of its energy sector. When coupled with broader industry and societal trends, a transformation of the grid is underway at both the wholesale and retail levels.
Guest on The Infra Blog: Graham Richard, CEO, Advanced Energy Economy (AEE)
Wednesday, August 19th, 2015Graham Richard is CEO of Advanced Energy Economy (AEE), a fast growing national association of businesses working toward a prosperous future based on secure, clean, affordable energy, and CEO of the Advanced Energy Economy Institute, AEE’s charitable and educational affiliate.
“We’re seeing consumer power has been growing, meaning the clout that consumers have in many different dimensions of our economy. And I see that happening now in energy. In that same opportunity where consumers want to know where that power’s coming from, they want to know what the cost is—but they’re also willing, when you have an opportunity to explain what the technology could do, to improve that aging infrastructure.”
View this complete post...Competitiveness of Renewable Energy & Energy Efficiency in U.S. Markets
Friday, June 26th, 2015ADVANCED ENERGY ECONOMY INSTITUTE
Questions have been raised about whether renewable energy (RE) and energy efficiency (EE) resources can provide substantial emission reductions at reasonable cost under EPA’s proposed Clean Power Plan (CPP). These concerns reflect fundamental misperceptions about the performance and cost of today’s renewable energy and energy efficiency technologies, rooted in outdated information and perpetuated by inaccurate official market projections. This paper shows that RE and EE are competitive resources in today’s marketplace that will not only be cost-effective mechanisms for CPP compliance but should also be expected to grow strictly on the basis of competitiveness.
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