NewEnergyNews More: U.S. New Energy Now A $200Bil Biz

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  • Monday, March 20, 2017

    U.S. New Energy Now A $200Bil Biz

    U.S. Study Puts Impressive ‘Advanced Energy’ Revenue In Perspective

    Joseph Bebon, March 7, 2017 (Solar Industry)

    “…[The New Energies made up] a $200 billion industry in the U.S. and a whopping $1.4 trillion industry globally as of the end of 2016 [according to new Navigant Research work for Advanced Energy Economy (AEE). It] covers seven [advanced economy] segments: electricity generation, including wind and solar; fuel delivery; industry, including industrial combined heat and power and manufacturing machinery and process equipment; transportation; fuel production; electricity delivery and management, including transmission and energy storage; and building efficiency…U.S. advanced energy revenue for 2016 was nearly double that of the beer industry and equal to that of domestic pharmaceutical manufacturing – and it was even approaching revenue from wholesale consumer electronics. As for global revenue, it was almost twice that of the airline industry and nearly equal to that of apparel…” click here for more

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