Advanced Energy Economy Ohio Joins National Network to Drive American Competitiveness and Economic Growth

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Advanced Energy Economy Ohio announced today that it has helped form the Advanced Energy Economy (AEE), a growing national network of state and regional business groups promoting American companies as global suppliers of innovative energy technologies. AEE was formally unveiled today in Denver.

“It’s time to look at energy innovation as a necessity for America, not an option,” said Tom Steyer, one of the founders of AEE

Advanced Energy Economy Ohio announced today that it has helped form the Advanced Energy Economy (AEE), a growing national network of state and regional business groups promoting American companies as global suppliers of innovative energy technologies. AEE was formally unveiled today in Denver.

The AEE network starts out with chapters representing more than 700 companies in nine states, with that number to more than double by early next year. When all AEE chapters now being formed are in place, over half of the U.S. population will be in states represented by an AEE chapter.

“We are excited about this partnership and believe joining this effort will solidify Ohio’s advanced energy status on the national landscape,” said Kimberly Gibson, Executive Director, Advanced Energy Economy Ohio.    

AEE launches with strong national, regional and statewide components, including:

  •     State and regional chapters that encompass Ohio, Colorado, Connecticut, Illinois, Maine, Massachusetts, New Hampshire, North Carolina, Rhode Island and Vermont.
  •     A merger with the Clean Economy Network (CEN), a non-partisan organization focused on developing a new economy based on technology and innovation. CEN will become part of AEE’s national and regional network.

Advanced energy includes all solutions that move us toward the goal of energy that is affordable, abundant, and secure. Rather than favoring specific technologies, advanced energy is inclusive in nature and judged by the benefits it provides in the field and in the marketplace. Electric and plug-in hybrid cars, lightweight composites for airplane bodies, natural gas-fueled trucks, high-performance buildings, more efficient industrial processes, and the latestwind, solar, and nuclear technologies – these all represent advanced energy in that they produce energy savings, use resources more productively, reduce dependence on foreign oil and reduce health and environmental costs.

“It’s time to look at energy innovation as a necessity for America, not an option,” said Tom Steyer, one of the founders of AEE and founder and co-managing partner of Farallon Capital Management. “As global energy demand continues to grow America has the opportunity to lead the world toward new ways to generate, use, and conserve this vital resource. If we do, it will advance our economy, improve our health and increase our national security. Not to do so would be a tragedy.”

Advanced Energy Economy Ohio is a partnership of EWI, Ohio Business Council for a Clean Economy, NorTech, Dayton Development Coalition, TechColumbus, CincyTech, TechGROWTH, and Rocket Ventures working to build a business network that will foster a robust advanced energy economy, drive technology innovation and implementation and position Ohio as a global leader.

AEE believes that advanced energy represents the next innovation-based industry and that the United States is best positioned to drive its development and reap its rewards. With global energy consumption expected to increase more than 50 percent by 2035,energy solutions will need to be cost effective, price competitive, applicable on a wide scale, and secure in their sources. That makes advanced energy –technologies and services that produce or manage energy in innovative ways– an economic opportunity for American companies and workers.

Other business and public leaders committed to driving AEE and serving on its board include: George P. Shultz, former secretary of Labor, Treasury and State and Thomas W. and Susan B. Ford Distinguished Fellow at the Hoover Institution; Tim Healy, CEO, Chairman, and Co-Founder of EnerNOC; William Ritter, former Colorado Governor; Phil Giudice, Managing Director at Rhumb Line Energy LLC; and former FCC Chairman Reed Hundt.

Discussions are under way that are expected to result in the formation of AEE state and regional chapters representing more than 20 states within the next year.

For more information about AEE, please go to http://www.AEE.Net.

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