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Energy & Natural Resources

Energy & Natural Resources

Where Fuel Meets Future

Just as we can effortlessly sneak away to our next adventure, we also have easy access to a wealth of natural resources. From towering wind turbines to gleaming solar panels, Colorado’s energy industry is as diverse as its landscape. We’re always moving forward, and so is our approach to energy – whether it’s solar, wind, biofuels, natural gas, oil or coal.

Whether you’re a geologist trekking out in the field, a clean energy geek focused on the next Smart Grid innovations, or you like to rock a hiking boot/lab coat combo, we’ve got you covered. Colorado’s energy and natural resources industry supports about 150,000 workers and accounts for nearly $11.4 billion annually.

We’ve got oil and gas. We’ve got sun (more than 300 days, to be exact). We’ve got wind. Need we say more? If we must, some of the most bountiful oil and gas reserves in the country are hiding just east of the Rockies, and numerous clean renewable energy assets, including solar power and wind resources, are sprinkled throughout the state.

We were the first state to pass a voter-approved renewable energy standard. And we’re proud of it. Now, our investor-owned utilities will acquire 30 percent of their electricity from renewable sources by 2020. To reach this milestone, a world-class hub of local research universities – such as Colorado State University (CSU) in Fort Collins and federal labs like Golden-based National Renewable Energy Laboratory (NREL) – are helping our state further develop our innovative and balanced energy mix, so we can enjoy both Colorado’s natural resources and stunning scenery for years to come.

Download Industry Profile

Links & Resources

Advanced Industries Incentives & Financing
The Colorado Energy Coalition
The Colorado Energy Research Collaboratory
Colorado Cleantech Industry Association
National Renewable Energy Laboratory
Colorado Energy Office
Colorado Energy Research Authority Annual Report
COSEIA: Colorado’s Solar Energy Industries Association

Key Facts & Figures

6,000

Energy Companies

149,400

Employees

$11.4 Billion

total annual payroll

Quadrupled crude oil production over the last 10 years

Doubled natural gas production since 2001

18%

of the state’s net generation are from renewables

#4

on the “U.S. Clean Tech Leadership Index”, 2014

#7

State in the nation for wind power generation capacity installed

#8

State in the nation for solar power generated per capita

Major Employers

Atmel Corporation | Colorado Springs
Colorado Springs Utilities | Colorado Springs
Halliburton | Denver
Vestas | Multiple Locations
Xcel Energy | Denver

Major Employers

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