American Clean Power Association (ACP)
ACP represents a broad cross-section of the USA’s clean energy industry, including land-based and offshore wind, solar, transmission, and storage companies, manufacturing and construction businesses, developers and owners/operators, utilities, financial firms, and corporate purchasers.[1] ACP states that its goal is to make clean energy the dominant electricity source in the USA.[2]
Membership of board/executive committee: Shell is a member of the board of directors.
- 2022 assessment outcome: Aligned
- 2021 assessment outcome: Not reviewed
Summary
Shell benefits from its membership of ACP, in particular its role in uniting the diverse renewable energy industry behind common goals such as modernising the US power grid and facilitating key technologies such as offshore wind.
We welcome ACP’s leadership and advocacy in relation to the deployment of funding and incentives made available through the Infrastructure Investment and Jobs Act of 2021 and the Inflation Reduction Act of 2022.
We have found ACP to be aligned with our climate and energy transition-related policy positions.
We will remain a member of ACP. We will continue to engage the association on climate and energy transition-related topics. We will continue to track alignment between ACP’s climate and energy transition-related positions and our own.
Further information
Click on the sections below to read more.
Paris Agreement and net-zero emissions
- In 2021, ACP stated support for the USA re-joining the Paris Agreement.[3] It also stated support for the Biden Administration’s announced 2030 nationally determined contribution (NDC) to reduce greenhouse gas emissions.[4]
- ACP has not stated a position on net-zero emissions by 2050 but has stated support for reaching net-zero emissions within the electricity grid by 2035.[5]
- In August 2022, ACP stated support for the Inflation Reduction Act of 2022, noting that this “does for climate change and clean energy what the creation of Social Security did for America’s senior citizens. This law will put millions more Americans to work, ensure clean, renewable and reliable domestic energy is powering every American home, and save American consumers money.”[6]
Carbon pricing
- ACP has stated support for carbon pricing.[7] [8]
Energy efficiency
No position
Decarbonised hydrogen
- ACP has stated that hydrogen is “among the technologies with the greatest potential for seasonal energy storage in the future” and refers to hydrogen production by electrolysis.[9]
Natural ecosystems
No position
Carbon capture and storage
No position
Environmental, social and governance (ESG) standards and benchmarks, sustainable finance taxonomies
- In its 2022 response to the SEC’s proposed climate-related disclosure rule, ACP stated that it “supports the proposed climate disclosure rule’s intent to give investors the information they need to factor-in climate actions into their market strategies. Corporate disclosure on Environmental, Social and Governance (ESG) is widespread, albeit not universal, and investors are increasingly requesting information on ESG and climate-related topics.”[10] Shell supported the SEC’s proposal, but noted a number of concerns.
Coal
No position
Electrification with renewable or low-carbon power
- ACP’s stated mission is to “champion policies that will transform the U.S. power grid to a low-cost, reliable, and renewable power system”, adding that it seeks to “expand demand for renewable energy technologies at a national, regional, and state level”.[11]
- In its 2022 report ‘Energy Transition for All’, ACP stated that “our goal is to cement clean energy as the dominant electricity source in the United States.”[12]
Gases and methane
No position
Road transport: Passenger cars and vans
- In August 2022, ACP stated that the Inflation Reduction Act would lead to “lower mobility costs thanks to electric vehicles that will be increasingly powered by wind and solar”.[13]
Road transport: Heavy-duty vehicles
No position
Heavy industry decarbonisation
No position
Aviation
No position
Shipping
No position
Return to list of associations[1] https://cleanpower.org/about/
[2] https://cleanpower.org/about/
[3] https://cleanpower.org/news/american-clean-power-association-statement-on-u-s-rejoining-the-paris-climate-agreement/
[4] https://cleanpower.org/news/american-clean-power-association-statement-on-u-s-greenhouse-gas-reduction-target-for-2030/
[5] https://cleanpower.org/market-report-2021/
[6] https://cleanpower.org/news/acp-ceo-heather-zichal-statement-on-president-biden-signing-the-inflation-reduction-act-into-law/
[7] https://cleanpower.org/
[8] https://cleanpower.org/news/american-clean-power-association-applauds-ferc-finalizing-carbon-pricing-policy-statement/
[9] https://cleanpower.org/facts/clean-energy-storage/hydrogen-energy-storage/
[10] https://www.sec.gov/comments/s7-17-22/s71722-20131864-302315.pdf
[11] https://cleanpower.org/policy/
[12] https://cleanpower.org/wp-content/uploads/2022/03/Energy_Transition_For_All_ACP_Report.pdf
[13] https://cleanpower.org/blog/its-a-big-deal-for-job-growth-and-for-a-clean-energy-future/
