After Ford announced multi-billion dollar investment in EV’s, Tennessee advanced energy business leaders, higher education partners and energy experts share information about East Tennessee’s advanced energy economy

Contact: Hannah Whitson, [email protected], (423) 408-4203

KNOXVILLE, Tenn. — The Tennessee Advanced Energy Business Council (TAEBC) held its third Advanced Energy Virtual Business Roundtable today with a focus on East Tennessee. The roundtable brought business leaders, entrepreneurs and higher education partners together for a discussion about the electric vehicle supply chain, advanced energy jobs and how to further energize economic development in the Volunteer State. 

“Tennessee has gained significant ground in the development of its advanced energy business sector,” said Cortney Piper, TAEBC Executive Director. “Recent electric vehicle announcements from several large automotive manufacturers such as Ford, GM and Volkswagen signal major progress towards making Tennessee the number one state in the country for the electric vehicle supply chain.”

Earlier this year TAEBC released an updated economic impact report that measured the scope and scale of the state’s advanced energy economy, which includes the electric vehicle supply chain. Altogether, Tennessee’s advanced energy industry grew at a faster pace than the state’s overall economy and employs nearly 394,000 Tennesseans in more than 20,000 businesses that contribute almost $46 billion to the state’s GDP. For more information on that report, click here.

Director of eMobility North America at Volkswagen of America, Dustin Krause, contributed to the business leader perspective of the program by sharing vehicle electrification goals. Krause highlighted Volkwagen’s plans to invest $4.3 billion into the Chattanooga Assembly Plant, which includes the $800 million MEB (Modular Electric Drive Matrix) platform and battery assembly line expansions.

Flora Tydings, Chancellor of the Tennessee Board of Regents, shared significant insights into the development of Tennessee’s advanced energy workforce including enrollment of over 41,000 students in advanced energy programs with a total of 161 programs available in East Tennessee’s community colleges and colleges of applied technology campuses. Tydings also mentioned a new technical college will be built in West Tennessee to support the additional 27,000 jobs created by the Ford electric vehicle manufacturing complex.  

Business leaders and entrepreneurs also heard from Dr. Deborah Crawofrd, University of Tennessee Knoxville’s Vice Chancellor for Research; Dr. Claude Pressnell, Jr., President of the Tennessee Independent Colleges and Universities Association (TICUA); Dr. Flora Tydings, Chancellor for the Tennessee Board of Regents (TBR); Jesse Smith, Manager of Industrial and Economic Development Partnerships at Oak Ridge National Laboratory (ORNL); Heath Jones, Managing Director at Hitachi Zosen Inova USA (HZIU) and Tom Rogers, President and CEO of UT Research Park.

To view a recording of today’s Advanced Energy Virtual Business Roundtable click here

About Tennessee Advanced Energy Business Council

TAEBC champions advanced energy as an economic development and job creation strategy. Advanced energy is technology neutral and includes electricity and transportation. Anything that makes energy cleaner, safer, more secure or more efficient is in the tent. No other entity in the state concentrates specifically on this robust sector. We educate public officials and business leaders about Tennessee’s advanced energy economy, establish strategic partnerships to connect assets with opportunities, and inform policy that expands and strengthens the industry. For more information, visit: https://tnadvancedenergy.com/

On October 13, the Tennessee Advanced Energy Business Council hosted an East Tennessee-focused webinar, serving as the third and final roundtable of the year. During the event, speakers discussed higher education resources, upcoming entrepreneur accelerators, and the strategies behind evolving the energy economy.

The hour-long webinar was moderated by TAEBC Executive Director, Cortney Piper. The virtual discussion involved several key voices in the East Tennessee energy realm:

Vice Chancellor of Research, Deborah Crawford; ORNL Manager of Industrial Partnerships and Economic Development, Jesse Smith; University of Tennessee Research Park CEO, Tom Rogers; Tennessee Board of Regents’ Chancellor, Flora Tydings; TICUA President, Claude Pressnell; Managing Director Heath Jones at Hitachi Zosen Inova USA; and Volkswagen USA Director of Sales, Dustin Krause.

There has been a tide of progress sweeping over Tennessee with the recent Ford announcement – signalling East Tennessee as a frontrunner in the electric vehicle supply chain.

“Advanced energy is technology neutral for us,” said Piper. “Anything that makes energy cleaner, safer, more secure, more efficient – it’s in the tent, and it includes electricity and transportation.” The focused mission of TAEBC to promote advanced energy as an economic developer and job creation catalyst launched the dynamic discussion among the seven represented speakers. 

The University of Tennessee and ORNL’s role in creating and excelling experts in the advanced energy economy

First, Vice Chancellor Deborah Crawford commenced the event with a discussion on how the University of Tennessee utilizes research, scholarship, and creativity to promote a sustainable future. Crawford shared the university’s extensive research portfolio in the effort to train up stakeholders to pose Tennessee as the advanced energy state in the twenty-first century.

“Out of the federal funding that UT expended in fiscal year 2020, forty-four percent of that funding came from the Department of Energy, and was very focused on advanced energy solutions. We are an advanced energy university,” said Crawford.

Jesse Smith followed Crawford’s presentation, speaking to the industrial partnerships and economic developments at the Oak Ridge National Laboratory. Smith connects external audiences with researchers and resources within the lab to solve problems and launch new projects – from energy storage and battery innovation to 3D manufacturing. 

Smith spoke to the lab’s involvement with Innovation Crossroads and the resources available through the program by explaining, “Companies all across the U.S. can apply to work here for two years and get the expertise needed to move their start-up company through that valley of death and get them closer to launching a full blown company.”

DOE Cleantech Accelerator Announcement

The expert insight continued as Tom Rogers from The University of Tennessee’s Research Park shared the organization’s vision to connect research assets with established companies and promising startups through their new proposed facilities.

“We are one of the few regions in the country that have three business accelerators focused on energy and hard technology. But if we don’t take purposeful steps to make sure that the companies who come here participate in those programs stay here – we will have missed a big economic opportunity,” said Rogers. 

The research park launched the Spark Innovation Center to help promote the innovation sustainability in East Tennessee. During the webinar, Rogers announced the newly granted Department of Energy Award to initiate a Spark Cleantech Accelerator in June of 2022.

“Next June, in partnership with TAEBC, and with Launch Tennessee and the support of TVA, we will be conducting a three month program with the Energy Mentor Network. We hope to work with you to provide the participants of our accelerator with some market intelligence and guidance to grow new companies – which will then hopefully remain in Tennessee for the long-run.”

Warranty-backed advance energy education

Flora Tydings followed the announcement by reiterating the mission of the Tennessee Board of Regents: student success and workforce development. 

Over the last several years, over forty-one thousand students were enrolled in advanced energy programs. A total of one hundred and sixty-one programs are currently running in the East Tennessee region.

“If you graduate from one of our technical programs of study, we do actually issue a warranty on our graduates. If within one year of graduation, a student does not have the skills for which we have said we trained them – and an employer verifies that – we will take that student back and re-train them for free,” said Tydings.

The Tennessee Board of Regents has a vision to provide a trained workforce, adding to the 400,000 advanced energy jobs in the state. 

TICUA President Claude Pressnell then shared the organization’s notable progress in advancing East Tennessee as an innovative regional leader.

“Don’t forget about your local colleges – they have the ability to pivot rather quickly in terms of academic offerings and engaging faculty in those science and research areas.”

As developments in the technical workforce continue to develop, TICUA seeks to serve as a fluid system to interact with the developing demands of advancements and evolutions in the Tennessee energy ecosystem. 

Evolving the energy economy

The virtual roundtable then transitioned to Heath Jones, Managing Director at Hitachi Zosen INOVA, for a deep-dive into their waste to energy division focused on renewable energy.

“We’re focused on converting organic and solid waste into more valuable and used commodities – renewable electricity, natural gas, hydrogen, or metals recovery. We really want to capture and control those greenhouse gases in a financially viable and efficient way through cleantech,” said Jones. HZI’s intends to play a vital role in the circular economy – bringing conceptual innovations to reality by leveraging East Tennessee’s synergy of materials and energy innovation infrastructure to showcase talent.

Dustin Krause, Director of e-Mobility at Volkswagen North America concluded the event by highlighting the massive impact Volkswagen has had in Chattanooga and the surrounding region.

“We’ve now invested billions of dollars into our production facility in Chattanooga, and we are doubling down that investment by bringing electric mobility to the United States in production at the Chattanooga facility.”

Krause spoke to the technical innovation touted by VW, but also to the strategic partnerships with local entities to create sustainable products and job positions in the East Tennessee region. 

The roundtable concluded with an audience Q&A, allowing attendees to glean further insight from the presenters. During the Q&A, questions were posed on a range of topics relating to TAEBC’s impact goals, electric vehicle charging accessibility, and the need for technical training to bolster the advanced energy industry and economy. 

“Electrification is right here on our doorstep, autonomy is not far behind. And as we look at increasing autonomy in our transportation systems, and as we look at the impact of technologies like artificial intelligence and machine learning – we are going to be asking our workforce in many sectors to develop skills that they probably don’t have today. And so that means taking a comprehensive look at the way we prepare our graduates at all levels – high school through Ph.D – and think about how we prepare them to be life-long learners,” said Deborah Crawford.

TAEBC serves as an all-encompassing connector – welcoming businesses and researcher partners to join the plight to generate cutting edge innovations in the advanced energy economy.

To watch or rewatch the event, please follow this link

Loved the event? Missed the event? Sign up for our newsletter to learn more about our members, advanced energy news and upcoming events. Also, if you’re not already a member, become a member today!