Energy
Diversification crossed with innovation
Energy
Cluster overview
Along with our respect for nature’s part in the Colorado lifestyle, we also respect the diverse energy sources it provides. Renewable energy assets like wind and solar and fossil fuels like oil and natural gas are plentiful here. They are tied together by a commitment to balance, responsibility, and innovation. Colorado focuses on the future of energy while ensuring affordable and safe options exist today and tomorrow. Colorado was the first state to pass a voter-approved renewable energy standard and innovation has stepped up to meet the challenge. We have world-class research facilities and educational institutions like the National Renewable Energy Laboratory (NREL) that partner with the private sector. The collaborative environment has created, for lack of better term, energy. These partnerships transform research and innovation into commercial viability. Colorado’s highly-educated talent specializing in tech and science is well-aligned to our energy transformation. People are what powers innovation, and we have developed technologies that make “all of the above” energy exploration and production more effective and affordable. Companies are working on new grid and storage technology to continue reducing the cost of renewable energy. And utility companies like Xcel Energy are offering more customer choices than ever with some of the largest energy efficiency and renewable energy portfolios in the nation.
Economy
Energy feeds Colorado’s economy with about 150,000 employees and $11.4 billion every year
Growth
Talent and employment
3,500
Direct companies in Colorado (2017)
21.7%
5-year cleantech employment growth in Colorado (2012-2017)
2x
Cleantech direct employment concentration in CO vs. U.S. (2017)
9th
Colorado cleantech direct employment rank in the U.S. (2017)
Clean energy
Xcel Energy leads the pack towards a carbon-free future
Aurora’s solar innovation hub
The 74-acre SolarTAC (technology acceleration center) is the largest test facility for solar technologies (photovoltaic and concentrated solar power technologies) in the United States. It provides a venue for research, demonstration, testing, and validation of a broad range of solar technologies at the early commercial or near-commercial stage of development. SolarTAC includes common areas for performance validation testing of new solar energy system components, including areas for proprietary testing by its member companies.
SolarTAC supports testing for:
- Solar Technologies— Photovoltaic and Thermal
- Balance of System Components (inverters, trackers, controls, turbines, batteries)
- Performance Testing and Validation
- Standards Development
- Grid Interconnection
- Dispatch-ability
- Reliability
- O&M
- Energy Storage