NAED Research Explains Electrification Opportunities

The focus on electrification has remarkable business implications for NAED members. As private investment and government funding of over $1 trillion begins to flow for an array of electrification projects over the next several years, NAED distributors will have the services, materials, and solutions needed to complete these efforts. Given the potential opportunities, electrification will be a strategic focus for NAED as we spotlight four different areas:

1. Infrastructure, Technology, and Connectivity
2. Current and Future Market Opportunities
3. Workforce Development and Education
4. Policy & Regulation Review and Updates

NAED now has three short articles about the current state of infrastructure, market opportunities, and workforce development. Each article provides an informative summary of today’s electrification efforts and potential areas of future research. As a NAED member, you can download each Electrification: 2024 article for free until September 1^st, 2024. You must log in to your NAED account to receive the research for free.

Electrification 2024: Market Opportunities

In this document, NAED provides an initial review of market oppor­tunities related to electrifica­tion and the transformation of the grid, as well as market size estimates and factors that may influence market growth, including the IIJA and IRA. (6 pages)

Electrification 2024: Filling Workforce Gaps

As NAED members consider the future of work, what does a changed workforce look like amid electrification opportunities? This short article provides an initial overview, and examples of ways businesses are overcom­ing workforce shortages, and lever­aging non-profit, educational, governmental and channel partner programs. (6 pages)

Electrification 2024: Infrastructure, Technology, and Connectivity

NAED offers an overview of the primary factors driving electrification, emerging technologies that will play an important role, and the current state of renewables to bolster efforts. (10 pages).

 NAED will continue to work in Washington, D.C. to keep you updated on policy and regulation that will release money into the country’s electrification efforts. As that information becomes available, we will have it for you on “electrifiED”.