In the areas of solar, biomass/biofuels, and ocean energy generation, as well as in fuel cells & hydrogen technologies, Florida firms have the expertise and abilities to capitalize on the momentum created in the clean energy industry. What’s more, many Florida companies specialize and innovate in other clean technologies that complement or supplement renewables, improving energy efficiency, management, transmission, and storage, as well as advanced nuclear and fossil energy generation technologies.
In addition, Florida is home to a number of dedicated research centers offering expertise across the spectrum of clean energy technologies as well as in supporting fields like nanotechnology, biochemistry, and engineering. Many of the talented scientists working in them are at the cutting edge of clean energy R&D and often work closely with industry and entrepreneurs to turn research breakthroughs into commercialization success stories.
Abundance of natural and human resources: By virtue of its geography, mild climate, and strong agricultural sector, Florida offers significant solar, biomass, and ocean energy resources. And, by virtue of its progressive education and workforce training programs, the state is building a talent pipeline that will provide the industry with the innovators and the skilled workers needed for competitive advantage.
Large, open market of opportunity: Florida is one of the largest and growing markets for clean energy products, technologies and services. The state ranks as the third largest market for transportation fuel and the fourth largest market for electricity in the U.S. according to the Department of Energy. While only a small portion of both markets are currently served by renewable energy sources, the state’s comprehensive energy policy guarantees growing demand for renewable fuels and power generation.
Florida offers not only the right environment for innovation in the clean energy industry, but also the market conditions where companies can prove their competitiveness. From the initial innovation idea through the commercialization process and the realization of market growth, businesses can find the right resources, conditions and partners to succeed in the state.