Rated first in academic research and development intensity in the U.S. Chamber of Commerce Foundation’s “Enterprising States Innovate” study, it’s no surprise that Maryland offers a thriving energy sector. Maryland’s research-driven and innovative spirit, combined with strong goals, a multi-modal location, and key investments in the energy sector, make it a prime location for companies offering energy and sustainability products, services or initiatives.
Check out our
Energy and Sustainability brochure, or for more information, contact
Michael Leslie at 410-767-6869.
Maryland’s Strategic Energy & Sustainability Snapshot
- In 2014, Maryland invested $221 million on solar installations, a 95% increase from the previous year.
- In 2015, Maryland ranked second among the states in the square footage of LEED-Certified commercial and institutional green buildings per capita.
- A new Greenhouse Gas Emissions target requires a reduction of 40% by 2030, one of the strongest climate goals in the country.
- Maryland invested over $91 million within the energy sector in the form of grants, loans and rebates in 2015 and allocated over $81 million in 2016.
- Regional collaboration with one of the world's largest competitive wholesale electricity markets, the PJM Interconnection.
- Access to the Regional Greenhouse Gas Initiative, a carbon-trading program generating over $1.3 billion in benefits since 2009.
- Maryland’s Renewable Portfolio Standard (RPS) requires 25% of energy from renewable sources by 2020.
Central Multi-Modal Location
- Proximity to federal decision makers: DOE, EPA, USDA
- Post Panamax Port of Baltimore
- Three international airports
- Five major interstate highways
Exceptional Workforce Pipeline
- 1st in percentage of professional and technical workers
- 1st in concentration of employed doctoral scientists and engineers
- 1st in employed geographers and 2nd in physical scientists
Energy 101: Clean Energy
Watch these videos by the U.S. Department of Energy to learn more about clean energy and advanced manufacturing. Topics include wind turbines, fuel cell technology, solar power, biofuel, geothermal energy and many others. Use the menu icon on the left to jump to a specific topic.
- Employment (2014) - 27,210 private sector jobs (36,990 including public sector)
- Leading subsectors:
- Waste management and remediation - 9,700 jobs
- Electric and gas power generation, transmission and distribution - 9,400 jobs
- Administration of environmental quality programs - 4,400 jobs
- Regulation and administration of utilities - 4,200 jobs
- Business establishments (2014) - 1,260
- Total wages (2014) - $2.90 billion
- Average salary (2014) - $78,540
- Gross state product (2013) - $7.99 billion
- Federal procurement (FY2014) - $435 million
Top 10 Employers
Featured Company: Direct Energy Solar
Headquartered in Maryland, Direct Energy Solar is one of the fastest-growing installers of residential and small commercial solar panel systems in the Mid-Atlantic. As part of the Direct Energy family they did $19.5 billion in revenue in 2014. The company was founded in Maryland as Astrum Solar in 2008.