ITA assists U.S. exporters of goods and services across the renewable energy sector, including solar, wind, hydro, geothermal, and bioenergy. As countries around the world work to combat climate change, meet increasing energy demand, and transition their energy sectors to utilize low-carbon and renewable energy sources, the global market presents significant and growing opportunities for U.S. companies throughout the renewable energy value chain.
In 2020, the world invested $359 billion in renewable power generation, compared to $312 billion in 2016, according to the International Energy Agency (IEA). According to the IEA, bioenergy demand is forecast to increase 28% over the next five years, reaching 186 billion liters in 2026. In order to achieve net-zero emissions by 2050, IEA forecasts that annual global energy investment will need to triple to around $4 trillion dollars by 2030, ensuring ample global demand for renewable energy goods and services in the coming decade and beyond. ITA’s Global Energy Team assists U.S. companies in accessing these opportunities in markets around the world.
Renewable Energy and Energy Efficiency Advisory (REEEAC) Committee
The Department of Commerce is soliciting nominations for the Seventh Charter (2022-2024) of the Renewable Energy & Energy Efficiency Advisory Committee (REEEAC). The deadline to be nominated or self-nominated is July 22, 2022. The REEEAC makes recommendations to the Secretary regarding the development and administration of programs and policies to expand the international competitiveness of U.S. exports of renewable energy and energy efficiency goods and services. Members of the Committee hold executive level positions representing U.S. companies, U.S. trade associations, U.S. private sector organizations, and civil society groups. The Committee will provide a variety of perspectives based on their international experience in these sectors, including, for example, project developers, technology integrators, financial institutions, and manufacturers. Meetings are held in Washington, DC on a quarterly basis. Please visit the website http://trade.gov/reeeac to learn more about the REEEAC including recommendations from the Sixth Charter (2020-2022).
Federal Register Notice with Details on How to Nominate or Self-Nominate