Why Northeast Ohio?
Ohio by the numbers
Northeast Ohio is a powerful force with 4 million people and a $170 billion economy.
Advantages of the region for advanced energy include:
Major research and engineering universities:
- Case Western Reserve University
- Cleveland State University
- Kent State University
- The Ohio State University’s Ohio Agricultural Research and Development Center (OSU-OARDC)
- The University of Akron
- Youngstown State University
Wind turbine supply chain and offshore wind resources because of Lake Erie:
- Great Lakes Energy Development Task Force
- Great Lakes Wind Network
- Lake Erie Energy Development Corp.
Home to more than 400 companies already engaged in the Northeast Ohio energy cluster, including:
- FirstEnergy Corp., nation’s fifth-largest investor owned electric utility
- Companies such as BASF, Babcock & Wilcox, Cliffs Natural Resources, Eaton Corp., GE Lighting, Lincoln Electric, Lubrizol, Parker Hannifin, RPM International, Rockwell Automation, Rolls Royce, Sherwin-Williams, TCP Lighting, and The Timken Company
- A host of innovative startup companies
NASA Glenn Research Center – the primary advanced energy center for the NASA system
25% by 2025 – Ohio’s Alternative Energy Portfolio Standard requires that 25% of electricity sold in the state come from renewable and advanced energy sources by year 2025
Ohio Energy Gateway Fund, a $40 million “fund of funds” recently announced by the State of Ohio, is available to finance advanced energy companies and projects
Learn more about Northeast Ohio’s advanced energy cluster.
