Creating six advanced energy roadmaps
Over a nine-month period during 2010 and 2011, NorTech created a series of regional advanced energy roadmaps within four sectors of Northeast Ohio's advanced energy industry: Electric Transport, Energy Efficiency, Energy Storage, Fuel Cells, Smart Grid and Waste & Biomass-to-Energy. NorTech uses a unique roadmapping model, InSeven® by NorTech, a proven, consensus-driven methodology for developing industry-centric roadmaps that enables a region to capture significant economic growth within seven years. The InSeven by NorTech process articulates a shared vision for a region, outlining specific opportunities and action plans.
To gain regional input for the vision and action plan, NorTech formed working groups consisting of representatives from industry and research who would help us understand Northeast Ohio's strengths, market opportunities, supply chain, customers, policies, and regulations within each sector. Specifically, these working groups:
- Defined core strengths within each sector, resulting in a clear focus on key segments.
- Explored market opportunities available to Northeast Ohio within each segment.
- Identified reality-based growth opportunities for Northeast Ohio within each segment.
- Assessed the competitiveness of Northeast Ohio versus national/international regions.
- Compiled intelligence on regional assets to establish Northeast Ohio’s unique vision, goals, and action plan for each sector.
Findings from these advanced energy roadmaps
The advanced energy roadmap process has identified more than $50 billion in market opportunities for Northeast Ohio’s Energy Efficiency, Energy Storage, Electric Transport, Fuel Cells, Smart Grid and Waste & Biomass to Energy sectors. They could add approximately 9,560 jobs to the region over the next seven years. Read more about each:
Implementing the action plans
NorTech is working with its partners in the advanced energy cluster and the region’s economic development ecosystem to implement the four developed action plans. Collectively, the group will help companies gain access to capital, expand the current supply chain, develop a targeted company attraction strategy, create a proactive process for companies to compete for grants, and address public policy and regulatory issues. While NorTech implements these action plans, it will launch additional roadmap initiatives for other advanced energy sectors. The roadmaps will be updated every other year.