What is Advanced Energy?
Advanced energy refers to a broad set of technologies and practices that enhance how energy is produced, managed, and consumed with a focus on efficiency, reliability, and economic viability. This sector includes a variety of innovations that complement traditional energy sources, driving both technological progress and energy independence.
Energy Efficiency: Encompasses technologies and practices designed to reduce energy waste. This includes high-efficiency equipment, better insulation, responsible lighting, and advanced controls, all of which lower costs and improve performance.
Energy Storage: Involves systems that store energy for use when demand is high, improving grid reliability and ensuring a steady power supply. Energy storage solutions help balance supply and demand, making energy use more flexible and dependable.
Smart Grids: These are modernized electrical grids that use digital technology to better manage electricity distribution, reduce waste, and enhance reliability. Smart grids support more efficient energy use and help protect the grid from disruptions.
Electric Vehicles (EVs): Vehicles powered by electricity are becoming more prevalent, providing alternatives to traditional gasoline-powered vehicles. They contribute to energy independence by reducing oil consumption and promoting the use of domestic energy sources.
Renewable Energy: Includes energy sources like solar, wind, bioenergy, geothermal, and hydropower. These sources generate electricity by harnessing natural processes, offering additional tools to diversify our energy portfolio and reduce reliance on imported fuels.
Corporate Commitments and Business-Friendly Environment: This aspect of advanced energy emphasizes creating a supportive environment for companies to achieve their sustainability goals. It recognizes the value of responsible resource use and fosters economic growth by aligning business practices with environmental and energy efficiency objectives.
Hydrogen Production and Fuel Cells: Hydrogen is used as a fuel to generate electricity through fuel cells, offering another way to diversify our energy supply with a focus on innovation and reliability.
Advanced energy is critical for strengthening energy security, boosting the economy, and supporting American innovation. By investing in these technologies, we can enhance our energy infrastructure, create jobs, and ensure a robust and independent energy future.
Image Credit: IEEE: Institute of Electrical and Electronics Engineers
Image Credit: U.S. Department of Energy's Grid-Interactive Efficient Buildings Initiative