Advanced Energy Benefits
Advanced energy is having a significant economic impact on the U.S. economy and generating substantial tax revenue for federal, state, and local governments.
Advanced energy is big business – in the United States, and around the world. The global market for advanced energy technologies and products is bigger, by revenue, than pharmaceutical manufacturing, and two-thirds the size of telecommunications. In the U.S., the market for advanced energy is larger than trucking, which transports goods all over the country, and more than twice the size of the commercial casino industry. As such, advanced energy is having a significant economic impact on the U.S. economy and generating substantial tax revenue for federal, state, and local governments.
But that’s not all the good that comes from energy that is secure, clean, and affordable. Solving problems, saving energy, cutting costs, making air cleaner, protecting against power outages – these are all benefits that come from advanced energy.
Economic Impact
Get the full report, “Economic Impacts of Advanced Energy,” for details on advanced energy markets and what they contribute to the economy.
Advanced Energy Segments
Advanced Energy is made up of seven industry segments representing technologies, products, and services that make energy more secure, clean, and affordable.
advanced energy in action
Algae-based biofuels provide alternative to petroleum
Replacements for gasoline, diesel and jet fuel are being produced from algae - without competing for farmland or potable water.
Solar Powered and Wired Trash Bins
Solar powered trash compactors that tell municipal workers when they are full are dramatically reducing diesel fuel use and labor costs.
Saving Electricity with Advanced Meters
Advanced metering infrastructure saves energy by making electricity distribution more efficient - all without the customer even knowing it.
Geothermal Electricity Generation on the Salton Sea
The first geothermal power plant in 20 years to go online in the Salton Sea area is now generating enough renewable energy for 50,000 homes.
Pulling double duty with industrial combined heat and power
Making efficient use of fuels to co-produce electricity and heat helps industry stay competitive and is good for the environment.
Secure, Clean, Affordable
Wind is an Advanced Energy Powerhouse
A domestic resource with no emissions and no fuel cost, wind provides a hedge against fossil fuel volatility and risk.
Hydropower
A mature technology that provides secure, renewable, emissions-free baseload power.
Renewable Biogas Works for Power, Heat and Fuels
When organic matter decomposes, the resulting biogas can be used in a variety of energy applications.
Better Electric Motors Drive Industrial Efficiency
Advances in electric motors and variable speed drives cut energy use and reduce operating costs for manufacturers.
New Transmission Technology Makes Connections
High voltage direct current strengthens the national power grid, carries electricity to population centers from remote locations at low cost.
- Overview
- Economic Impact
- Advanced Energy in Action
- Secure, Clean, Affordable
- Companies Delivering On Advanced Energy
GET THE REPORT
Get the full report, “Economic Impacts of Advanced Energy,” for details on advanced energy markets and what they contribute to the economy.
STAY INFORMED
Sign up to receive AEE Weekly, AEE's newsletter featuring state and federal updates, the latest industry news, and more.
