Economic Impact of Stimulus Investment in Advanced Energy: An Economic Assessment of Applying Stimulus Funds to Advanced Energy Technologies, Products, and Services In Virginia

Full Title: Economic Impact of Stimulus Investment in Advanced Energy: An Economic Assessment of Applying Stimulus Funds to Advanced Energy Technologies, Products, and Services In Virginia
Author(s): Paul Hibbard, Pavel Darling
Publisher(s): Advanced Energy Economy, Analysis Group
Publication Date: July 16, 2021
Full Text: Download Resource
Description (excerpt):

This report outlines how government stimulus dollars could be put to work in the Commonwealth of Virginia as an investment in advanced energy technologies.

In the wake of the coronavirus pandemic, states will need to make decisions about where and how to invest potential stimulus funding from the federal government to get their economies moving again.

For the purpose of this analysis, we postulate a hypothetical level of stimulus spending invested across a range of advanced energy technologies and services: energy efficiency, renewable energy (solar and wind), electrification of buildings, electrification of transportation (electric vehicles and charging infrastructure), energy storage, grid modernization (smart meters, and microgrids), and high–voltage transmission.