A Trade Association’s Year in Review: Increased Infrastructure, Reduced Emissions, a Booming Job Market and More
ACP is proud to share our Annual Report (2022), detailing the growth of our trade association and our industry.
2022 was not without its challenges — from moments where generational clean energy legislation seemed to slip through our fingers to trade and import policies that severely blunted the industry’s growth. However, moments like these are exactly why ACP was created.
After just two years, it’s clear: Together with our growing membership, ACP has had a tremendous impact on behalf of our industry. Just as the path looked impossible, the groundwork laid over two years paid off with the biggest ever victory for our industry:
- The largest clean energy bill in U.S. history was signed into law in August 2022.
- The Inflation Reduction Act (IRA) will provide the stability and predictability that our members have needed to build America’s clean energy future.
- Across our industry, the IRA is expected to deliver an estimated 525 to 550 gigawatts of new, utility-scale clean power between 2022–2030 — driving an estimated 40% reduction in emissions, creating 550,000 new clean energy jobs, and supporting a direct workforce of nearly one million Americans.
- In the midst of an electric year, ACP grew membership to over 750 member companies, returned to in-person events (breaking revenue and attendance records), and hired expert staff to further support the organization’s advocacy across all fronts.
From our advocacy at the federal and state level, to hosting conferences attended by over 11,000 people, to the industry insights provided to our members across our many research tools, we are deeply grateful to support the industry through the work we do. Thank you for being a part of that.