The Pew Charitable Trusts developed an approach to analyze the clean energy economy of the US. The approach provides a framework to track investments, jobs, business growth over time. It defines a clean energy economy as one that generates jobs and businesses through clean energy production, energy efficiency, reducing emissions, and conserving resources. The US clean energy sector has grown due to various state and federal initiatives and incentives. Jobs in this sector have increased significantly between 1998-2007 especially in energy generation.

1. Based on analysis report by-
The Pew Charitable Trust
Presentation By –
Swapnil Gore
MS Student
Stony Brook University, NY
swapnil.energy9@gmail.com

2. Pew’s Approach
for Analyzing Clean Energy Economy of US
It would provide a clear, practical and consistent framework for federal, state and
local policy makers and the private sector to track investments, job and business
creation, and growth over time.

3. Definition
“A clean energy economy generates jobs,
businesses and investments while
expanding clean energy production,
increasing energy efficiency, reducing
greenhouse gas emissions, waste and
pollution, and conserving water & other
Major Goals Achieved:
natural growth
 Economic
resources”
 Environment Sustainability

4. Categorization:
Reducing and Improving our
Building sustainable
managing our products and
energy for the future
energy demand processes
Energy Environmentally
Clean Energy Efficiency Friendly
Production
Human resource
Recycling and
development &
remediating waste
Efficient
implementation
Conservation Training and
and Pollution Support
Mitigation

5. Growth Factors
International
Attractive Depletion of Increased Economic New
Climate Change
Policy Support Fossil Fuels Awareness mechanisms Investment
Initiatives
Market
RPS
Climate Change Global Warming Carbon trading Solar
Efficiency Stds. Price
Mitigation Action Green Curriculum REC Wind
FIT Plans and Workshops Bioenergy
Incentives Reserves Agreements
Eco-development
Concession Loans Programs
Clean Energy Economy Development

6. US Clean Energy Sector
State Initiatives Federal Initiatives
 Every state has the piece of the clean energy  American Recovery and Reinvestment Act
economy (ARRA), which allocates nearly $85 billion in
 Every state offers some Financial Incentive to direct spending and tax incentives for energy-
drive its clean energy economy and transportation-related programs.
 RPS- 29 states and the District of Columbia have  EPA’s Energy Star and Water Sense
adopted RPS ranging from 10% to 25% certification and labeling initiatives
 Energy Efficiency Standards established by 19  The Energy Independence and Security Act-
states expected to save 1.1 million barrels of
 Regional clean energy initiatives-
oil/day, save consumers $25 billion at the
MGGRA, RGGI, WCI, etc. pump and achieve huge reductions in GHG
emissions
 Vehicle emissions standards
 Tax Incentives by 45 states

7. American Recovery and Reinvestment Act (ARRA)
 The federal stimulus bill enacted in February 2009 includes an array of provisions to
spur clean energy generation and energy efficiency businesses, jobs and investments.
 The program would apply to electric utilities, oil companies and other entities that
produce more than 25,000 tons of carbon dioxide each year.
 A total of $84.8 billion has been set aside for energy- and transportation- related
spending.
Tax Credits for RE & Energy
Efficiency,
ARRA- Distribution of Energy &
$19.6 billion
Transport related spending
Transportation
Spending, $18.4 billion
Energy Efficiency,
$16.4 billion
Grid Strengthening,
$11 billion
Clean Energy
Generation, $6 billion
Other
(Research, Training, etc.),
$13.2 billion
0 10 20 30
Amount in Billions

8. Businesses & Jobs
 Jobs and businesses in the emerging clean energy economy have grown at a
faster rate than U.S. jobs overall.
 By 2007, more than 68,200 businesses across all 50 states and the District
of Columbia accounted for about 770,000 jobs
 Overall jobs growth between 1998 to 2007:

9. Job Market 67%
Training and
Support
Environmentally
6.8%
Job Growth from 1998 to 2007
Friendly
Production
7.0% 23%
Energy 18%
Efficiency
9.5% TODAY
3%
TOMORROW -0.30%
Conservation &
Clean Energy Pollution
11.6% Mitigation
65.1%
Jobs in the Clean Energy Economy, 2007
 The number of jobs and businesses in Clean Energy and Energy Efficiency will grow over time—and as the country increases the
amount of power it draws from renewable sources, we will generate less waste, reduce our reliance on foreign oil and produce fewer
carbon emissions that cause global warming.
 Nearly six out of 10 jobs in this sector fall specifically in the area of energy generation, which includes jobs responsible for
producing clean forms of energy such as wind, solar, geothermal, low-impact hydro, hydrogen, marine and tidal, and small-scale bio
power.

10. Job Sectors
• Energy Generation (Solar, Wind, Biomass, etc.)
Clean Energy • Energy Transmission
• Energy Storage
• Energy conservation
Energy • Appliances & Machinery
Efficiency • Energy Research
Environmentally • Transportation
Friendly • Manufacturing/Industrial
• Energy Production
Production
Conservation & • Air and Environment
Pollution • Recycling and Waste
• Water and Wastewater
Mitigation
• Business services (Legal, Marketing, etc.)
Training & • Finance/Investment (Project finance, Emission trading, etc.)
Transport • Research and Advocacy

11. State-wise Scenario

12. Patents & Venture Capital Investments
 Today’s research and venture capital spending will generate tomorrow’s clean energy
opportunities.
 Patent registration statistics- helps track the future technologies
 During the past 10 years, clean technology patents have been registered across eight different
areas of technology development.
 Majority of all clean technology patents have been registered in energy storage
technologies, including batteries, fuel cells and hybrid systems.
1%
4% 1% Batteries
5%
Fuel Cells
9%
Hybrid Systems
Clean
8% Technology 47% Solar
Patents, 1999 Wind
to 2008
Energy Infrastructure
Geothermal
25%
Hydro

13. Investments
 Between 2006 to 2008 – total venture capital investment around $12.6 billion;
with an annual average increase of $1.5 billion
2011- venture capital investments in U.S. clean tech companies jumped 73% to
$1.1 billion in the third quarter of this year compared to the same time last year.
100% Clean Energy
$8.73 billion
69%
80%
60%
Environmentally
40% Friendly Production Conservation &
$1.82 billion Pollution Mitigation Energy Efficiency
14% $1.08 billion $943.1 million
20% 9% 8%
0%
Clean Venture Capital Investments, 2006-2008

14. State-wise Economy
 States with fast-growing clean energy economies experienced average annual
growth between 1998 and 2007 that exceeded the national average of 1.9 percent.

15. Earth receives around 174 Petawatts of energy from sun and only a small part of
it is sufficient to meet the annual world electricity consumption of 20 Trillion kWh
We Just need to tap this potential
Thank You
Thank You
Presentation By –
Swapnil Gore
MS Student
Stony Brook University, NY
5/16/2011
swapnil.energy9@gmail.com