The New Center of American Energy
Sorry, Houston -- America's oil and gas business was born in the Pittsburgh region, when Col. Edwin Drake struck oil in nearby Titusville in 1859. Our coal expertise dates back more than 250 years and helped to fuel the expansion of a national electric grid powered by alternating current, another Pittsburgh innovation. In 1959 the first commercial nuclear power plant in the United States came online in Shippingport, Beaver County. And just about ten years ago Pittsburgh became a national leader in green building when it opened the David L. Lawrence Convention Center, then the world's largest gold LEED-Certified building. (It's since been upgraded to LEED Platinum.)
In recent years the discovery of the Marcellus Shale natural gas play has generated headlines as one of the largest proven natural gas reserves in the world, driven by technologies that were made possible by research funded by the National Energy Technology Laboratory, also based in Pittsburgh. But this sector also includes solar, wind, transmission & distribution components and intelligent building technologies – “green” building practices that are widely practiced in both new and refurbished structures.
Pittsburgh's energy economy includes more than 800 firms spanning extraction, supply chain and innovation for traditional and alternative energy resources, as well as energy conservation and management. They include CONSOL Energy, Inc., Elliott Group, EQT Corporation, Peoples Natural Gas, Mitsubishi Electric Power Products Inc. and Westinghouse Electric Co., not to mention many subcontractors.
In the 10-county region, our energy-related companies employ more than 50,000. It generates $19 billion in gross regional product – 16 percent of the regional economy.
Considering relocating or expanding a business, or investing in energy? Contact the Pittsburgh Regional Alliance.
Bayer Business Services
“In Pittsburgh, it’s an easy commute to work, and easy to get to the other parts of the region for restaurants, biking and other sports.”