Renewable Energy in the USA

Growth despite low energy prices

With a total area of around 4.9 million square miles and a population of more than 323 million, the United States is the third largest country in the world. It is also the country with the second highest energy consumption after China.

Inexpensive energy prices continue to impede the growth of renewable energy in the US. Cheap gasoline, natural gas, and electricity enable unsustainable energy consumption habits and prevent investment in renewables and energy efficiency. For example, houses often lack sufficient insulation due to the low cost of heating. At the same time, however, support for a “green lifestyle” among Americans is rising.

The US is not only the largest food producer worldwide; it also has the highest rate of wasted food per capita. Therefore, new technologies with regard to organic waste recycling have great potential for growth in the United States. Learn more...

Solar energy is currently gaining a lot of importance in the US energy market, with a total installed capacity of 29.3 GW. Solar is the fastest growing source of renewable energy in 2016, with an expected 94% increase in installed capacity compared to 2015.
Read more...

Many regions of the United States have excellent wind resources. According to industry experts, there are around 25% more wind resources in the U.S. than in Europe. In addition to the coastal waters and the Great Lakes, the windiest regions are located in the so-called “wind corridor” in the middle of the country. Read more...

Contact

Corinna Jess
Director, Consulting Services & Trade Missions
Tel.: +1 (312) 665-0976
Email: jess(at)gaccmidwest.org

Learn more about our market entry and business development services