Renewable Energy & CleanTech Markets

Assessing New Business Opportunities in the US Mid-Atlantic

Clean and renewable energy technology development in the US Mid-Atlantic states is a growth market for foreign investors. So when the Canadian Embassy needed up-to-date research in the renewable energy and clean-tech industries, they contracted Elsen Energy Associates and NRGmagnet to provide this critical data.

As Canadian investors realize, the sales and installation of clean energy technologies remain driven by market forces that must overcome both technological and cost barriers. And "green" technologies and industries have been singled-out by both policymakers and bureaucrats as areas ripe for economic stimulus and job-creation.

Public policy - impelled by increasing awareness of climate change, environmental concerns, and energy independence - seem sure to bring about change.

This report identifies leading companies, research institutions and federal/state government agencies involved in the RE industry, profiles the different sectors, provides insight into critical mass capabilities, forecasts the obstacles to growth within each sector, and identifies drivers and opportunities within each sector.

Also included in the report are the most recent policy instruments seeking to stimulate these sectors. For example, the Renewable Portfolio Standard proposes 20% of all energy must come from renewable sources by 2022 in most of the Mid-Atlantic States under survey.

Even more dramatic increases in clean energy sectors are anticipated with the advent of the incoming Obama administration. Their first initiative will be an economic stimulus package that includes substantial investment in clean energy sources over the next decade.

That means a better climate due to less atmospheric pollution as well as a more favorable business climate for companies seeking to expand into the Mid-Atlantic region.

 

NRGmagnet llc is a certified SWaM (small minority- or woman-owned business) with offices in the US and Holland. We provide a full range of energy efficiency, greening, and renewable energy program services. We have a unique set of core capabilities including: Policy and Program Design, Master Planning, Infrastructure Assessment, Analytics; Gender & Disaster Program Support, Capacity-Building and Training, Program Implementation and Evaluation, Green Building Consultation, Standards and Labeling, Codes Support, Water Efficiency, Vulnerability Assessments, Baseline Surveys, Communications and Marketing, Monitoring and Evaluation, and EU Accession Advice.