Domestic manufacturing could continue to increase, as the United States Department of Energy (DOE) recently announced a new program that will incentivize the green energy manufacturing industry. The initiative aims to bring more production to the U.S., increase international competitiveness and enhance the availability of clean technologies - such as light bulbs, solar panels, wind turbines, energy-efficient appliances and green cars - for both business and consumer use.
The newly-announced program, known as the Clean Energy Manufacturing Incentive (CEMI), will not merely enhance funding from the DOE. It will also allow for an increased amount of partnership with private companies and better analysis of the supply chain green technology manufacturers work with.
"We are at a critical moment in the history of energy in our nation," said David Danielson, assistant secretary for energy efficiency and renewable energy, DOE. "Over just the last seven years, global investment in the clean energy sector has grown nearly five-fold to over $260 billion and these markets will grow into the trillions of dollars in the years to come."
As a part of its initiatives, the DOE announced the opening of the Carbon Fiber Technology Facility, which was funded with a $35 million government grant. The production plant will manufacture carbon fiber materials for green energy companies, which may help them enhance their product designs and advance the possibilities for the future of clean technology. For instance, the carbon fiber's lightweight but sturdy composition would help nearshore manufacturing facilities make lighter, more fuel efficient automobiles. The production facility will help companies develop these materials cost effectively and efficiently way to help companies enhance their products and encourage consumers and businesses to purchase the new green items.