Congress Fulfills Long-Awaited Promise for U.S. Advanced Energy Businesses to Invest and Grow

Today, national business group Advanced Energy Economy released the following statement upon final passage of the U.S. budget deal early this morning.

Washington, D.C., February 9, 2018 - Today, national business group Advanced Energy Economy released the following statement upon final passage of the U.S. budget deal early this morning.


"Today, Congressional leaders fulfilled their promise to level the playing field for a variety of advanced energy technologies, giving the industry a better chance to grow," said Malcolm Woolf, Senior Vice President for Policy at Advanced Energy Economy. "This legislation provides the market certainty that will support investment in technologies like fuel cells, combined heat and power, energy efficiency, geothermal, and advanced nuclear. This will help the $200 billion U.S. advanced energy industry add thousands of jobs to the more than 3 million workers already employed in advanced energy, driving economic growth, and increasing domestic manufacturing.

"While there is still more work to be done to fully capture the benefits of energy storage, we applaud the leadership of congressional champions to move us to a more secure, clean, and affordable energy system," said Woolf.
Background Resources:
• 2017 Advanced Energy Now Market Report
• This Is Advanced Energy directory of 52 technologies
• At More than 3 Million Jobs, Advanced Energy is a Big - and Growing - Source of Employment in the U.S.
About Advanced Energy Economy
Advanced Energy Economy is a national association of businesses that are making the energy we use secure, clean, and affordable. Advanced energy encompasses a broad range of products and services that constitute the best available technologies for meeting energy needs today and tomorrow. AEE's mission is to transform public policy to enable rapid growth of advanced energy businesses. AEE and its State and Regional Partner organizations are active in 27 states across the country, representing more than 1,000 companies and organizations in the advanced energy industry. Visit AEE online at www.aee.net.

Featured Product

Parker KleenVent provides closed-loop solution for wind turbine cooling systems

Parker KleenVent provides closed-loop solution for wind turbine cooling systems

Many 1.5 MW wind turbines use traditional open-loop water/glycol cooling systems. Regular water evaporation in the reservoir elevates the mixture's viscosity, prohibiting cooling of the IGBT and associated critical controls, causing the wind turbine to overheat unless serviced, which in turn means turbine downtime and high maintenance costs. Parker's KleenVent Coolant Evaporation Inhibitor (KV-CEI) is a simple add-on to the legacy cooling system, that eliminates water evaporation in the coolant solution and stops the ingress of airborne contaminants, by enclosing the cooling loop. The KVCEI also removes the need for continuous coolant monitoring during the warm season. Traditional maintenance calls to replenish or rebalance the fluids, take the wind turbine and transformer offline, resulting in significant downtime and revenue loss. Parker's cooling system solution optimizes wind turbine uptime and revenue, reduces maintenance costs and increases overall efficiencies. For more details on the KleenVent solution, see: solutions.parker.com/AWEA2018 or visit booth #4244 at AWEA Windpower May 7-10 in Chicago