The annual Advanced Energy Now Market Report is out, and the results are in: The advanced energy industry is bigger than ever – bigger than the airline and fashion industries globally, bigger than beer and pharmaceutical manufacturing domestically. But the story doesn’t end there. Looking at the past five years of revenue, it becomes clear that the trajectory of advanced energy goes in one direction: up.
Well, that didn’t take long. Within hours of publication of the final rule in the Federal Register last Friday, Oct. 23, a group of 24 states filed suit in the D.C. Court of Appeals against EPA’s Clean Power Plan. Separately, Oklahoma and North Dakota lodged their own legal complaints, bringing the total of states challenging the rule to 26. But a majority of states taking EPA to court does not mean half the country is going to “just say no” to the CPP. Indeed, a number of these states are looking hard at compliance options even as they try to take down the rule. Plus, EPA will have defenders of the Clean Power Plan in court – including AEE.
Topics: Federal Policy
“We are at another inflection point in California policy,” said Howard Wenger of SunPower Corp., an AEE board member. With legislation pending across the street in the Capitol to raise California’s already high standards for renewable energy and building efficiency, and adding a target of cutting petroleum use in half, all by 2030, what better context could there be for AEE’s third annual “Pathway to 2050” conference? The capacity crowd of nearly 400 gathered in the Sacramento Convention Center got a full sense of that inflection point – and the stakes for industry growth – from key policy makers and business leaders in a full day of dialogue and networking on August 20.
Topics: State Policy, Event
What’s larger, worldwide, than the market for apparel and fashion, and nearly four times the size of semiconductor manufacturing? What’s bigger in the United States than the airline industry, as big as pharmaceutical manufacturing, and catching up to consumer electronics? Advanced energy, that’s what.
Revenue from the sale of advanced energy technologies, products, and services totaled nearly $1.3 trillion globally in 2014, and $200 billion in the U.S. Those are the topline findings of the Advanced Energy Now 2015 Market Report, AEE’s third annual report on the size of advanced energy markets in the U.S. and around the world. But they are by no means the end of the advanced energy growth story.
Today, Bloomberg New Energy Finance and the Business Council for Sustainable Energy released their third annual “Sustainable Energy in America Factbook.” The Factbook is a collection of fun facts to know and tell, but it is also a powerful statement on the transformation now under way in how we produce, distribute, and use energy.
The facts themselves are compelling – and they say a lot about the growth and progress of advanced energy technologies and services. A few highlights: