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2024 Maine Clean Energy Industry Report

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Overview

Read the 2024 Maine Clean Energy Industry Report for insights into challenges and opportunities within Maine’s clean energy industry.

The 2024 Maine Clean Energy Industry Report, commissioned by the Maine Governor’s Energy Office (GEO), updates and builds upon last year’s analysis of the clean energy economy in the state. This publication aims to provide policymakers with insights into challenges and opportunities within Maine’s clean energy industry, allowing them to make informed decisions in clean energy that impact the state’s residents, workforce, and economy. One-year trends are particularly important for highlighting temporary factors like economic shocks or sudden policy changes, while long-term analysis shows the effects of structural changes in an economy and stability in specific industries, which helps to distinguish between cyclical and structural changes in the economy and shows the effects of long-term policy. As an example, the contributions of private and public investment into the state’s GSP do not yield immediate effects on he workforce but suggest continued employment growth in the years following investment.

Clean energy jobs are defined as workers who spend part or all of their time engaged with specific clean energy technologies. This includes research, development, production, manufacture, distribution, sales, implementation, installation, or repair of clean energy components, goods, or services. Clean energy technologies are grouped across five technology sectors: Clean Energy Generation, Clean Grid and Storage, Energy Efficiency, Clean Fuels, and Alternative Transportation. This report identifies the strongest clean energy technologies and sectors in the state, along with areas in which the state can be more competitive.

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2024 Maie clean Energy Industry Report

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