Energy Industry
Per ITA’s “U.S. Energy Trade Dashboard,” U.S. exports of energy products, equipment, and technologies totaled nearly $370 billion in 2023. According to the U.S. Energy Employment Report, the U.S. energy industry employed approximately 8.35 million Americans in the same year, a 3% increase from 2022. The United States is a leader in the production and supply of energy and is one of the world’s largest energy consumers. Growing consumer demand and world class innovation – combined with a skilled workforce and robust supply chain in certain industry segments – make the U.S. energy industry globally competitive. U.S. energy companies produce oil, natural gas, coal, and alternative fuels, as well as electricity from renewables and nuclear power. U.S. energy companies further transmit, distribute, and store energy through complex infrastructure networks that are supported by emerging products and services such as smart grid technologies.
Our trade specialists are dedicated to enhancing the global competitiveness of the U.S. energy industry, expanding market access, and increasing exports. The Energy Team uses our presence in 200 global cities to help you foster new business relationships and expand the world-wide presence of U.S. firms.
Featured Events
Long Beach, CA
We are partnering with the Fuel Cell and Hydrogen Energy Association (FCHEA) to support the Hydrogen & Fuel Cell Seminar. Our energy specialists will be onsite to counsel companies on government resources available to U.S. energy companies including information on international project opportunities, finding partners to work with overseas, financing options for overseas projects, federal hydrogen policy updates, and other federal programs that are designed to help U.S. companies increase their international sales.
How Can We Help You Expand Your Exports?
Energy Market Intelligence
South Africa Energy Sector: Navigating the New Electricity Regulation Amendment Act
South Africa Nuclear Energy Sector: Strategic Shifts and Opportunities for U.S. Firms
South Africa Energy: Natural Gas Infrastructure Opportunities
Smart Grid Interoperability Standards Adoption for Southeast Asia
Gap Analyses for Indonesia, Malaysia, Philippines, Thailand, and Vietnam
This ITA-commissioned study by the Electric Power Research Institute (EPRI) provides fresh insight into the current state of smart grid interoperability standards deployment in five ASEAN markets: Indonesia, Malaysia, the Philippines, Thailand, and Vietnam. It also offers five case studies to educate policymakers on emerging clean technology standards that have been successfully adopted in the United States, but are either excluded in the five ASEAN markets or exist non-preferentially in tandem with other standards.
Smart grid interoperability standards are tools that drive value in the electric power sector by enabling technologies from different vendors across grid domains to interact. Smart grid interoperability standards are crucial for facilitating international trade, modernizing power grids, and increasing the use of renewable energy globally.
Take advantage of this guide to plan your expansion new markets by learning about current market needs, the competitive landscape, best prospects for U.S. exporters, market entry strategies, and more.