Experts are studying Northeast Ohio's energy opportunities for development of a regional action plan. Long term goal: boost the area's advanced energy industry and create jobs.
Westlake-based
Newry Corp., a management consulting firm, and
NorTech Energy Enterprise, of Cleveland, want data on energy storage, transportation electrification, smart grid and biomass/waste-to-energy activities.
From this month to July, 2011 they will be collecting information from a wide range of sources using a variety of techniques. The process will help identify the unique strengths of the region in the specific sectors; characterize the global market drivers and opportunities; assess the competitive landscape; and outline regional opportunities for growth, according to NorTech Energy Enterprise.
Nortech engaged Newry after a national competitive search, citing the firm's experience with similar initiatives. Newry, which also has offices in Chicago and New York, was founded in 1987.
Newry's "depth and breadth of market experience and knowledge in advanced energy" qualified it to partner with NorTech for this, Rebecca O. Bagley, president and chief executive officer of NorTech, said in a news release.
NorTech Energy Enterprise is the year-old advanced energy initiative of NorTech, the nonprofit, technology-based economic development organization serving 21 counties.
Source: Kelly C. South, NorTech
Writer: Gabriella Jacobs