Renewable Energy (US)
In 2010, several U.S. government agencies launched the Renewable Energy and Energy Efficiency Export Initiative, a coordinated effort to promote renewable energy and energy-efficiency exports. In partnership with the Department of Commerce, the Department of Energy (DOE) co-chairs the Trade Promotion Coordinating Committee Working Group of the federal agencies participating in the Renewable Energy and Energy Efficiency Export Initiative.
The development of renewable energy and energy efficiency marks “a new era of energy exploration” in the United States, President Barack Obama said.
The initiative is the country’s first-ever federal government-coordinated effort to support renewable energy and energy-efficiency exports.
DOE will identify U.S.-manufactured energy-efficiency products that could be competitive in global markets, and in collaboration with U.S. trade associations, DOE will explore the creation of guides for foreign buyers listing technologies and services available from U.S. providers.
The initiative will facilitate a significant increase of renewable energy and energy-efficiency exports during the next five years, helping to meet President Obama’s challenge of the United States becoming the leading exporter of clean-energy technologies.
By The Numbers
Renewable energy supplies about 7.3 percent of the nation’s energy resources, mainly from hydroelectric dams, wind power, geothermal energy and solar energy.
The U.S. domestic solar-photovoltaic (PV) market grew to 485 megawatts in 2009, from 357 megawatts a year earlier. The United States was the third-largest PV market in 2009.
The United States exported at least $2 billion of solar, wind, biomass, geothermal, hydropower and other renewable-energy products in 2009, compared to $1.26 billion in 2007.
For opportunities in the US Renewable Energy sector, please contact the National US India Chamber of Commerce:
700 17th Street, Suite 2000, 20th Floor
Denver, CO 80202, USA