The Great Lakes are the largest and potentially greatest source of wind energy on the eastern two-thirds of the United States.
Michigan could rank among the top 20 states in wind energy production, with the potential to produce 7,460 megawatts, enough to power 1.9 million to 2.2 million homes a year.
A state mandate requiring utility companies to generate at least 10 percent of their energy from renewable sources by 2015 has spurred an explosion of new wind energy businesses in Michigan.
Alternative Energy companies that chose Oakland County include:
AltE Azure Dynamics
Energy Conversion Devices Inergy
Magna e-Car Novi Energy
Uni-Solar Windstar Power Company
The Federal Government allotted $2.4 billion for advanced battery and electric-vehicle projects across the country. More than half will go to Michigan companies.
State officials predict that battery projects will create almost 7,000 jobs in the next 18 months and 40,000 by 2020.
Oakland County has nearly 30,000 engineers, equipping the region with the know-how to propel alternative energy concepts to tangible, market-ready products.
NextEnergy Tax Incentives & Education Grants
NextEnergy is a non-profit corporation founded to advance the alternative energy industry in Michigan. Michigan NextEnergy Authority (MNEA) certified companies have access to several state-wide incentives. NextEnergy education grants for Michigan colleges and universities ensure curriculum development and an advanced work force focused on alternative energy technologies.
Oakland County's Alternative Energy Research Focus:
- Close to 20,000 acres of corn are grown every year for biotech purposes (ethanol)
- The Great Lakes surrounding Michigan contain the largest supply of fresh water in the world - 20 percent of the world's fresh water
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