Full Title: Advanced Energy Now 2016 Market Report
Author(s): Navigant Research
Publisher(s): Advanced Energy Economy
Publication Date: 03/2016
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Advanced Energy Economy (AEE) is the pragmatic voice of business leaders who are working every day to make the energy we use secure, clean, and affordable. AEE also represents a dynamic industry consisting of corporations with global impact, growth companies, and start-ups. All these companies are delivering energy technologies, products, and services across our country and around the world.
Advanced Energy Now 2016 Market Report is our fourth annual report on the size, growth, and trends in the advanced energy market, globally and in the United States. It traces the growth of our industry since publication of Economic Impacts of Advanced Energy in 2013. Beginning with that report, Navigant Research has been tracking global and U.S. revenue for AEE, with 2011 as the baseline. Five years in, it is clear that advanced energy’s trajectory is up – way up!
This year’s edition shows global growth of 8% from 2014 to 2015, three times the rate of the world economy overall. U.S. advanced energy grew 1%, only because the total was dampened by a big decline in revenue from ethanol. Without counting ethanol, U.S. revenue was up 10% last year – four times the rate of U.S. GDP.