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New Website Highlights The Economic Impact Of Advanced Energy NOW!

These seven segments are divided into 41 subsegments, ranging from Vehicle Design and Materials and Freight Logistics in Transportation to Advanced Metering Infrastructure and Energy Storage in Electricity Delivery and Management. Electricity Generation includes Hydropower, Gas Turbines, Solar, Wind, Geothermal, Marine, Waste, Biomass, Nuclear, and Other Distributed Generation. U.S. and global market data for each segment and subsegment, as well as real life examples of businesses from all seven segments are brought to life on AdvancedEnergyNOW.net.

At AdvancedEnergyNOW.net, each industry segment and subsegment is described in detail and its economic impact assessed – in global market size, U.S. market size, contribution to U.S. GDP, and federal, state, and local taxes generated. In addition, AdvancedEnergyNOW.net tells stories of advanced energy technologies in action, and details the benefits of numerous products and business lines in making energy more secure, clean, and affordable. For each segment and many specific subsegments, there are thumbnail sketches of innovative companies ranging from technology start-ups to major utilities delivering advanced energy products and services.

With global energy consumption projected to rise nearly 40 percent by 2030, future prosperity depends on meeting this growing demand with energy that is secure, clean and affordable. Just as the Internet economy transformed society in unexpected ways, the advanced energy economy has the potential to create dramatic new opportunities for economic growth in the U.S. and around the world.

The report, titled " Economic Impacts of Advanced Energy ," was commissioned by the Advanced Energy Economy Institute, AEE's educational and charitable affiliate, and produced by Pike Research, a part of Navigant's Energy Practice and a leading market analysis team. For a full copy of the report, please visit http://AdvancedEnergyNOW.net.

As the first attempt to document the advanced energy industry, this report and the AdvancedEnergyNOW.net microsite likely understates the size and extent of advanced energy economic activity in the U.S. and around the world.  Specifically, the U.S. market figures do not account for revenue from export of advanced energy products, and there was no available data for some industry subsegments. Thus, the findings should be considered a conservative statement of advanced energy market size.

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