ADVANCED INDUSTRY: Energy Management, CHP Drive Market Growth

Posted by Bob Keough on Jun 15, 2021 11:20:50 AM

This post is the seventh in a series of excerpts from the Advanced Energy Now 2021 Market Report, prepared for AEE by Guidehouse Insights.

Advanced Industry consists of two subsegments: Manufacturing Machinery and Process Equipment and Industrial Combined Heat and Power (CHP). Manufacturing Machinery and Process Equipment tracks sales of industrial energy management systems, which are software and services for energy management within an industrial facility or across an enterprise to meet efficiency, cost savings, and sustainability targets while maintaining optimal operation of production processes.

In the United States, Advanced Industry revenue grew 10% overall from 2019 to 2020, to $11.6 billion. Since 2011, U.S. Advanced Industry revenue has more than doubled, growing at a CAGR of 12%. U.S. Manufacturing Machinery and Process Equipment revenue increased 10%, to $7.0 billion, in 2020, based on sales of industrial energy management systems. CHP revenue increased by 9% year-over-year, to $4.6 billion, following 13% growth in 2019. Though smaller in the United States than Manufacturing Machinery and Process Equipment, Industrial CHP has grown faster over the 2011-2020 time period, at 18% CAGR versus 9% for Manufacturing Machinery and Process Equipment.

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Topics: Advanced Energy Now Market Report

For AEE, an Indiana Legislative Session with Real Progress and Minimal Setbacks

Posted by Caryl Auslander on Jun 10, 2021 12:12:46 PM

IN legislative round-up

In a blink of an eye, AEE Indiana ran through the finish line of the 2021 legislative session of the Indiana General Assembly at the end of April, and we’re just now catching up. While in the past two sessions we mostly  played defense, working to stop coal bailouts and moratoriums on plant closures. But this session the advanced energy industry got an opportunity to go on offense, with several bills that we favored making it to the Governor’s desk. We still had to temper a last minute Hail Mary from the Coal Council, which would have hindered utility efforts to move beyond coal, but overall the pros outweigh the cons in 2021. Here’s a rundown of where we ended up on our priority issues at the end of the Indiana legislative session.

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Topics: State Policy

ADVANCED FUEL DELIVERY: Following a Monumental Year for EV Charging Infrastructure, Technology Innovation

Posted by Bob Keough on Jun 7, 2021 4:30:05 PM

This post is the sixth in a series of excerpts from the Advanced Energy Now 2021 Market Report, prepared for AEE by Guidehouse Insights.

Revenue from Advanced Fuel Delivery – defined as Fueling Stations serving electric, natural gas, and hydrogen vehicles – dropped slightly in 2020 to $9.3 billion globally. This followed a monumental year of 136% growth the previous year. In the United States, the market for Advanced Fuel Delivery also saw declines in 2019 (9%) and 2020 (21%), coming after three consecutive years of growth.

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Topics: Advanced Energy Now Market Report

A Stormy Post-Crisis Legislative Session Yields Wins for Advanced Energy in Texas

Posted by Suzanne Bertin and Erica Glenn on Jun 3, 2021 4:00:00 PM

Texas frozen

It was a dark and stormy session for the Texas legislature, dominated by electric power issues surfaced by Winter Storm Uri. With the Texas electricity system under more scrutiny – and more up for grabs – than at any time since restructuring in 1999, we at the Texas Advanced Energy Business Alliance (TAEBA) had our hands full. But when the dust settled and the legislature gaveled out on Memorial Day, the outcome for advanced energy was net positive – even though the legislature missed a golden opportunity to enhance grid resilience with distributed energy resources.

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Topics: State Policy, Texas Advanced Energy Business Alliance, Texas

Electrification Could Happen in a New York Minute. If It Does, New York Stands to Gain in Jobs and Economic Growth.

Posted by Claire Alford and Ryan Gallentine on Jun 2, 2021 4:45:00 PM

NY EV Blog

New York State has some of the nation’s most ambitious climate goals as established by the Climate Leadership and Community Protection Act (CLCPA), which commits New York to a 40% reduction in greenhouse gas (GHG) emissions from 1990 levels by 2030 and an 85% reduction by 2050. Transportation electrification is critical to achieving these goals, given that transportation is the largest source of emissions in New York State, accounting for nearly one-third. Legislation that is currently awaiting action has the potential to not only bring the state closer to meeting these ambitious goals but also encourage growth in the electrification transportation (ET) supply chain and bring jobs to the state.

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Topics: State Policy, Advanced Transportation