In the 2018 Regional Report: Northeast by The Chief Executive magazine, Vermont received praise for renewable energy as an economic stimulus – naming several REV members.
While the northeast trails other regions in GDP growth, there are notable bright spots […] in Vermont, the clean energy sector offers new opportunities.
Vermont is quietly becoming a leader in renewable energy. The state’s clean energy sector grew by nearly 30 percent over the past five years and employs one in every 16 Vermonters, says Olivia Anderson, executive director of Renewable Energy Vermont. The Union of Concerned Scientists ranks the state second in the nation for clean energy momentum. “We have a comprehensive plan that commits to 90 percent renewable energy by 2050,” Anderson says.
Two of Vermont’s utilities, Burlington Electric Department and Washington Electric Co-op, qualify as 100 percent renewable. In addition to offering sustainable and cost-effective energy solutions for businesses, this affords the opportunity to export that technology across the country. Three energy storage manufacturers, Dynapower, Northern Reliability and Northern Power Systems, are gaining national attention for their technologies. Waterbury-based Sun-Common recently developed a solar parking lot canopy, and AllEarth Renewables of Williston announced an innovative solar tracker to keep panels following the sun.
“From manufacturing to engineering and installation, we have many sectors working collaboratively in the clean energy community, and the state commitment gives security to these companies and investors,” Andersen says.
Check out REV’s year in review video on Facebook