| | CAREER OUTLOOK
JOB HORIZON: Women in Energy CAREER POTENTIAL IN THE ENERGY INDUSTRY
Clean power is the future, for the world, USA, and job seekers. This is the opinion of the Advanced Energy Economy Institute, a non-profit business organization. The institute contracted Pike Research, Navigant Consulting’s global energy practice, to quantitatively and qualitatively analyze the advanced en- ergy, or alternative energy market’s potential.
In January 2013, Pike reported that two years ago, the global advanced energy market was worth $1.1 trillion and the U.S. share worth $132 billion with a projected growth rate of 19 percent in 2012. This is wonderful news for STEM job seekers in the energy sector.
But there’s more. In February 2013, the U.S. Department of Energy (DOE) and the U.S. Department of Treasury unveiled a $150 million Advanced Energy Manufacturing Tax Credit
58 WOMENOFCOLOR | FALL 2013
Program that will aid DOE-vetted companies engaged, or proposing to engage, in domestic clean energy and energy efficiency manufacturing projects.
The previously-unused credits were included in the American Recovery and Reinvestment Act of 2009. Department of En- ergy Secretary Steven Chu said, “These new investments will continue that momentum, supporting the president’s commit- ment to American-made energy, increasing energy security, and creating jobs.”
A DOE fact sheet reports that the manufacturers eligible for the tax credits will potentially produce clean energy that will create jobs, reduce pollution, lower energy costs, and spur innovation. The following areas that should cheer energy- interested STEM students and professionals:
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