Advanced Energy Perspectives

This post is one in a series of feature stories on trends shaping advanced energy markets in the U.S. and around the world, drawn from Advanced Energy Now 2017 Market Report, which was prepared for AEE by Navigant Research.

The lighting industry is in the midst of two concurrent upheavals. First, light-emitting diode (LED) lighting is gaining market share rapidly over incumbent technologies, and second, lighting controls systems are making it possible to optimize the use of lighting in more sophisticated ways to save energy and money. Everyone from building owners and managers to lighting designers and installers is facing the challenge of this two-pronged transformation. But this transformation is paving the way for a third: the rise of “lighting as a service” (LaaS).

This post is one in a series of feature stories on trends shaping advanced energy markets in the U.S. and around the world, drawn from Advanced Energy Now 2017 Market Report, which was prepared for AEE by Navigant Research.

Big data analytics – using software engines and algorithms to process and analyze large quantities of data to provide insights into how customers behave – is changing the way companies do business across the economy, and energy is no exception. For decades, utilities have offered energy efficiency and demand response (DR) programs as means of saving energy for customers and reducing the need for more generating capacity to meet demand. In recent years, utilities and energy efficiency providers have started using big data analytics to provide new insights into how this can be done.

This post is one in a series of feature stories on trends shaping advanced energy markets in the U.S. and around the world, drawn from Advanced Energy Now 2017 Market Report, which was prepared for AEE by Navigant Research.

For 2016, the global advanced energy market surpassed $1.4 trillion in 2016, a 7% increase compared to an updated 2015 total of $1.3 trillion. Advanced energy has grown by nearly a quarter (24%) since Navigant Research began tracking for AEE in 2011, adding $257 billion in revenue over six years, counting only data complete for the entire period. Advanced energy is almost twice the size of the global airline industry, and nearly equal to worldwide apparel revenue.

A Microsoft datacenter in Quincy, WA.

Advanced energy is a $200 billion industry in the United States that supports more than 3.3 million American jobs, as detailed in the new report Advanced Energy Now: 2017 Market Report. Earlier this week, Microsoft invited AEE, as well as other industry groups such as Edison Electric Institute, Northeast Clean Energy Council, and Michigan Energy Innovation Business Council, and executives from SunPower and Direct Energy, to discuss the power of the advanced energy industry to drive economic growth.