Alliance’s In-Depth Paper Discusses Viability of Energy-Efficient Emerging Technologies for US Industry
Date: Jul 11, 2011
The Alliance to Save Energy’s Industrial Team wrote a recent white paper that explores the role of new, energy-efficient technologies as a means to fortify U.S. manufacturers through improved productivity, enhanced global competitiveness and insulation against volatile energy prices.
This study, “Crossing the Valley of Death: Policy Options to Advance the Uptake of Energy-Efficient Emerging Technologies in U.S. Industry,” examines existing barriers to capital equipment turnover among American manufacturers and offers detailed policy considerations to accelerate the adoption of promising new industrial technologies.
The Alliance offers relevant insights demonstrating the impact of industrial energy efficiency programs on the broader U.S. economy and makes a case for a redoubled focus on federal policy to support the commercialization of energy-efficient industrial technologies.
Why are Emerging Technologies Important?
Research and development of new, energy-efficient manufacturing technologies and processes is imperative to advancing energy performance across the U.S. industrial sector. However, it is equally important to have a policy environment that fosters the adoption of emerging industrial technologies, otherwise capable innovations will languish.
For American manufacturing, which directly employs over 12 million workers and represents 11.5% of U.S. gross domestic product, innovative technology will continue to represent a critical element in a global strategy to consolidate and grow.
