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AWEA statement: Energy bill offers opportunity to attract new investment, deliver greater consumer savings

AWEA statement: Energy bill offers opportunity to attract new investment, deliver greater consumer savings

Washington, D.C., April 19, 2016 — American Wind Energy Association (AWEA) CEO Tom Kiernan issued the following statement today on the Energy Policy Modernization Act of 2016(S. 2012), also known as the Energy Bill.

Numerous amendments have been proposed to the Energy Bill. Of these amendments, Amendment 3311, introduced by Sen. John Boozman (R-Ark.), would hinder upgrades strengthening the nation’s existing transmission infrastructure and block access to greater consumer savings. Amendment 3312, proposed by Sen. Tom Udall (D-N.M.), would enable all Americans to buy Clean Energy Victory Bonds and allow local, state, and federal governments to raise billions of dollars in investment:

“In order to attract new investment and deliver more savings to American consumers we strongly urge members of the Senate to oppose Amendment 3311 and support Amendment 3312. Amendment 3311 would impede private interstate transmission development between America’s world-class energy resources and densely populated parts of the U.S., making it harder to keep the lights on and blocking billions in consumer savings. Building long-range transmission to carry wind energy to U.S. population centers could result in $800 to $1,000 savings per person. By directing the Departments of Energy and Treasury to submit a plan to Congress to develop Clean Energy Victory Bonds, Amendment 3312 would help inject billions of dollars in clean energy innovation and create over one million jobs according to Sen. Udall.”

AWEA is the national trade association of the U.S. wind energy industry. We represent 1,000 member companies and over 114,000 jobs in the U.S. economy, serving as a powerful voice for how wind works for America. Members include global leaders in wind power and energy development, turbine manufacturing, and component and service suppliers. They gather each year at the Western Hemisphere’s largest wind energy event, the AWEA WINDPOWER Conference & Exhibition, next in Denver, June 1-4, 2020. WINDPOWER 2020 will be housed within CLEANPOWER, the new exhibition hub for utility-scale renewable energy, bringing together wind power, solar power, and energy storage industries. Find information about wind energy on the AWEA website. Gain insight into industry issues on AWEA's blog, Into the Wind. And please join us on Facebook and follow @AWEA on Twitter and LinkedIn.