Energy

Metro Denver is leading the way to a balanced energy economy

The nine-county Metro Denver and Northern Colorado region ranked fourth for fossil fuel energy employment and sixth among the nation's 50 largest metros for cleantech employment concentration in 2013. Overall, the energy industry cluster employs 46,940 people in the area.

Metro Denver Energy Employment Snapshot U.S. data in ( )
Fossil Fuels Cleantech
Direct Employment 28,060 18,880
Companies 1,400 1,430
Five-Year Employment Growth (2008-2013) 27% (12.7%) 22.1% (13.1%)
One-Year Employment Growth (2013) 6.2% (3.3%) 0.4% (0.5%)
Direct Employment Concentration (2013) 1.5% (1.2%) 1% (0.5%)
Average Wage $111,670 $79,810
Employment Concentration Ranking (Among 50 largest metros) 4 6

The region is a top energy location, offering:

  1. The ability to recruit and retain senior management and scientific talent.

    Rigzone ranked Denver as the third-best city in the world for oil and gas industry careers in 2013. Denver was the only U.S. city in the top 10. Furthermore, Jones Lang LaSalle’s U.S. Energy Outlook 2013 named Denver as one of the top six U.S. cities for new energy jobs
    (Rigzone, 2013; Jones Lang LaSalle, 2013)

  2. Proximity to energy-related higher education programs and research centers.

    Colorado ranked 10th in the number of science and engineering graduate students per 1,000 individuals ages 25 to 34 years old in 2009. In addition, Colorado ranked 11th for research and development (R&D) expenditures per capita ($242) among academic institutions in fiscal year 2011.
    (National Science Foundation, 2013)

  3. Access to the research of a broad collection of federal laboratories and private R&D activities

    Key federal offices located in the nine-county region include:

    • National Renewable Energy Laboratory
    • National Center for Atmospheric Research
    • Office of Surface Mining Reclamation and Enforcement
    • U.S. Bureau of Reclamation
    • U.S Department of Energy
    • U.S. Environmental Protection Agency
    • U.S. Geological
    • Western Area Power Administration
  4. Business organizations and public policy programs designed to encourage industry growth

    Launched in 2006, the Colorado Clean Energy Cluster (CCEC) is an economic development organization that is dedicated to growing 1,650 clean energy jobs, and aims to generate $325 million in economic activity from clean energy by 2015 in Northern Colorado
    (Colorado Clean Energy Cluster, 2015)

Metro Denver also offers world-class universities, such as the Colorado School of Mines (CSM), the only university in the nation to offer baccalaureate through doctorate degrees in all key energy fields. In addition, Colorado has one of the highest per capita concentrations of federally funded science and research centers in the nation with 30 federal laboratories, including the U.S. Department of Energy's National Renewable Energy Laboratory (NREL).