Welcome.
Navigating Wyoming’s future energy economy.
Our work in the Wyoming energy transition includes:
Finding new opportunities for Wyoming business partners.
Forward-thinking diversification and funding options for communities.
Exploring new technologies for our future energy economy.
Wyoming
The smallest population by state in the U.S. The first state to grant women the right to vote. Last alphabetically.
Our state has generated unsustainable wealth for over fifty years through taxes and royalties from our abundant fossil fuel resources. Coal, oil, and gas production and associated employment have rapidly dwindled in the state in very recent years.
Wyoming faces a tough road ahead as the nation transitions to alternative energy sources. We’re collaborating to diversify the revenue sources that have enriched us since statehood.
The Wyoming Energy Transition
Worldwide demand for energy is growing daily. The national and global push towards decarbonization of the energy sector directly affects the Wyoming economy and the communities we call home.
Wyoming has powered the United States for over 50 years. The once plentiful fossil fuel job opportunities aren’t widely available throughout the state anymore. The industries that built our towns continue to contract and emerging ones aren’t replacing them.
Fossil fuels will continue to have a vital role in electricity generation throughout the world for the foreseeable future. New Federal programs and incentives to decarbonize energy have been introduced in 2021 and will continue to roll out. These wide-ranging programs are necessary for our state to diversify and adapt to national policies.
Our state has the infrastructure and willing industry participants to support diversification and produce new revenue streams. This is a team effort and requires statewide collaboration.
Complementary Industries
Aerospace
Aerospace, one of the largest and most powerful industries in the United States, primarily supplies five markets - military aircraft, missiles, space, commercial airliners, and general aviation.
Wyoming companies have a unique opportunity to transition towards specific aerospace technologies - particularly our coal, oil, and gas-related entities - as these organizations are already familiar with a heavily-regulated industry.
Nanotechnology
Nanotechnology is an emerging science expected to see rapid future developments across an array of industries, including energy storage, materials, and biotechnology. It is predicted to contribute significantly to economic growth and job creation in the United States in coming decades.
Utilizing nanotechnology, materials can effectively be made stronger, lighter, more durable, more reactive, or better electrical conductors.
Composites
Composite materials are a combination of two or more materials with different physical and chemical properties. When combined, the newly created material has specialized functions to make a product stronger, stiffer, lighter, or electrically conductive.
Advancements in composite technologies are crucial for the energy transition, clean water sources, and the reduction of greenhouse gases throughout the United States.
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