In 2020, U.S. exports of energy products, equipment, and technologies totaled $123.7 billion. According to the 2020 U.S. Energy Employment Report, the U.S. energy industry employed approximately 6.8 million Americans, or nearly five percent of the U.S. workforce, in 2019. 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 competitive workforce and supply chain in certain industry segments – make the U.S. energy industry competitive in the $6 trillion global energy market. U.S. energy companies produce oil, natural gas, coal, renewable fuels, as well as electricity from clean energy sources, including wind, solar, hydropower, geothermal, 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.   Addressing climate change is at the top of the global agenda, and climate action and ambition are rising. The UN’s Intergovernmental Panel on Climate Change (IPCC) estimates that annual investment of $2.4 trillion through 2035 in energy systems alone is needed to reach Paris Climate Agreement goals. As the United States has rejoined the Agreement with renewed ambition, the U.S. energy industry is well-positioned to take advantage of expanding climate-related opportunities internationally. Our energy industry 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.

Opportunities for U.S. companies in the Norwegian hydrogen value chain; maritime sector, public funding and private investments help spur growth.

Canada’s commitment to reducing carbon emissions in the oil and gas sector signals opportunities for U.S. clean technology companies.

Automotive and smart mobility are key industries in Sweden. Sweden plans to be fossil neutral by 2045 and subsidize environmental vehicle procurement.

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.

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