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Quantifying The Economic Development Impacts Of Wind Power In Six Rural Montana Counties Using Nrels Jedi Model Period Of Performance
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Book Synopsis Quantifying the Economic Development Impacts of Wind Power in Six Rural Montana Counties Using NREL's JEDI Model ; Period of Performance by :
Download or read book Quantifying the Economic Development Impacts of Wind Power in Six Rural Montana Counties Using NREL's JEDI Model ; Period of Performance written by and published by . This book was released on 2004 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economic development potential that wind power offers is often an overlooked aspect of today's wind power projects. Much has been written about how wind can spur economic development, but few have attempted to quantify these impacts. Using the National Renewable Energy Laboratory's (NREL's) Jobs, Economic Development, and Impacts Model (JEDI), the author examined six counties in Montana to quantify these impacts. The overriding project goal was to illuminate economic development opportunities from wind project development for six Montana counties using an objective economic modeling tool. Interested stakeholders include the agriculture community, wind developers, renewable energy advocates, government officials, and other decision-makers. The Model was developed to enable spreadsheet users with limited or no economic modeling background to easily identify the statewide economic impacts associated with constructing and operating wind power plants. The Model's User Add-In feature allows users to conduct county-specific analyses using county IMPLAN (Impact Analysis for PLANning) multipliers, while state-level multipliers are contained within the Model as default values for all 50 states.
Book Synopsis Quantifying the Economic Development Impacts of Wind Power in Six Rural Montana Counties Using NREL's JEDI Model by : Michael J. Costanti
Download or read book Quantifying the Economic Development Impacts of Wind Power in Six Rural Montana Counties Using NREL's JEDI Model written by Michael J. Costanti and published by . This book was released on 2004 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Economic Development Impacts of Wind Power by :
Download or read book Economic Development Impacts of Wind Power written by and published by . This book was released on 2007 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper uses NREL's newest Jobs and Economic Development Impacts (JEDI II) model to assess economic impacts from alternative power technologies, with a focus on wind energy, for a variety of states.
Book Synopsis Economic Impacts of Wind Turbine Development in U.S. Counties by :
Download or read book Economic Impacts of Wind Turbine Development in U.S. Counties written by and published by . This book was released on 2011 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The objective is to address the research question using post-project construction, county-level data, and econometric evaluation methods. Wind energy is expanding rapidly in the United States: Over the last 4 years, wind power has contributed approximately 35 percent of all new electric power capacity. Wind power plants are often developed in rural areas where local economic development impacts from the installation are projected, including land lease and property tax payments and employment growth during plant construction and operation. Wind energy represented 2.3 percent of the U.S. electricity supply in 2010, but studies show that penetrations of at least 20 percent are feasible. Several studies have used input-output models to predict direct, indirect, and induced economic development impacts. These analyses have often been completed prior to project construction. Available studies have not yet investigated the economic development impacts of wind development at the county level using post-construction econometric evaluation methods. Analysis of county-level impacts is limited. However, previous county-level analyses have estimated operation-period employment at 0.2 to 0.6 jobs per megawatt (MW) of power installed and earnings at $9,000/MW to $50,000/MW. We find statistically significant evidence of positive impacts of wind development on county-level per capita income from the OLS and spatial lag models when they are applied to the full set of wind and non-wind counties. The total impact on annual per capita income of wind turbine development (measured in MW per capita) in the spatial lag model was $21,604 per MW. This estimate is within the range of values estimated in the literature using input-output models. OLS results for the wind-only counties and matched samples are similar in magnitude, but are not statistically significant at the 10-percent level. We find a statistically significant impact of wind development on employment in the OLS analysis for wind counties only, but not in the other models. Our estimates of employment impacts are not precise enough to assess the validity of employment impacts from input-output models applied in advance of wind energy project construction. The analysis provides empirical evidence of positive income effects at the county level from cumulative wind turbine development, consistent with the range of impacts estimated using input-output models. Employment impacts are less clear.
Book Synopsis The Influence of Wind Power on Rural Areas by : Eman Shoeib
Download or read book The Influence of Wind Power on Rural Areas written by Eman Shoeib and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Wind power development has rapidly expanded in the United States. Much of this growth occurred in rural areas because of the availability of land and wind resources required to power turbines. The economic promise of wind power projects is particularly appealing for rural areas whose traditional economic base (typically agricultural) no longer supports as many households as it once did. Numerous studies have found that wind power projects have positive economic impacts on rural areas. What is less well understood is the effect of these wind power farms on other indicators of development, such as municipal services, demographic change, and quality of life. This dissertation examined the effects of wind power development on the economy, society, and community services in rural counties in the United States. The dissertation utilizes a mixed-methods approach, including both statistical analyses of secondary data, as well as the analysis of primary data collected through interviews. I use two longitudinal data analysis models, mixed effect model and fixed effect model with a quasi-experimental approach, to measure the net economic and demographic impacts of wind development on rural counties. The primary data addressed the effects of substantial wind development on eleven rural counties when they hosted substantial wind farms over 1000 MW. The results of the statistical analysis show a small significant effect of wind development on rural economies in term of increasing per capita income, median household income, farm income, and per capita employment. It also has a significant effect on decreasing the poverty rate. Results of the primary data analysis show that wind power development increased the tax revenue of the rural community without any required public services or increases in population size of the rural communities. I find that counties with larger populations benefit more from wind development, particularly during the construction phase. Substantial wind development leads to an increase in municipal finances of rural counties. This increase has been reflected in improvements on the community services without any negative social impacts. Wind development is a suitable economic source to diversify the rural economy.
Book Synopsis Job and Economic Development Impact (JEDI) Model by : Marshall R. Goldberg
Download or read book Job and Economic Development Impact (JEDI) Model written by Marshall R. Goldberg and published by . This book was released on 2004 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Economic Impacts from Wind Energy in Colorado Case Study: Rush Creek Wind Farm by :
Download or read book Economic Impacts from Wind Energy in Colorado Case Study: Rush Creek Wind Farm written by and published by . This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This economic impact analysis of the Rush Creek Wind Farm 1) quantitatively modeled the gross economic impacts at the Colorado state-level and four-county region and 2) engaged with community members to draw specific insight on how wind development impacts their local economy. This study also provides useful insights on the economic impacts supported by Colorado's wind energy manufacturing and supply chain. The Rush Creek Wind Farm was Colorado's largest wind energy project in 2018. Jobs, gross domestic product, gross economic output, and earnings were estimated using the National Renewable Energy Laboratory's Jobs and Economic Development Impact (JEDI) model. Researchers also engaged with communities near the Rush Creek Wind Farm to collect empirical economic data as well as first-hand knowledge of community-level impacts during wind farm construction. The case studies and qualitative research in this report provide context for the quantitative JEDI model results - describing the economic impacts to rural communities.
Book Synopsis Montana Wind Energy Atlas by : GeoResearch, Inc
Download or read book Montana Wind Energy Atlas written by GeoResearch, Inc and published by . This book was released on 1987 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Appropriate Methodology for Assessing the Economic Development Impacts of Wind Power by : NWCC Economic Development Work Group
Download or read book Appropriate Methodology for Assessing the Economic Development Impacts of Wind Power written by NWCC Economic Development Work Group and published by . This book was released on 2003 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: OAK-B135 Interest in wind power development is growing as a means of expanding local economies. Such development holds promise as a provider of short-term employment during facility construction and long-term employment from ongoing facility operation and maintenance. It may also support some expansion of the local economy through ripple effects resulting from initial increases in jobs and income. However, there is a need for a theoretically sound method for assessing the economic impacts of wind power development. These ripple effects stem from subsequent expenditures for goods and services made possible by first-round income from the development, and are expressed in terms of a multiplier. If the local economy offers a wide range of goods and services the resulting multiplier can be substantial--as much as three or four. If not, then much of the initial income will leave the local economy to buy goods and services from elsewhere. Loss of initial income to other locales is referred to as a leakage. Northwest Economic Associates (NEA), under contract to the National Wind Coordinating Committee (NWCC), investigated three case study areas in the United States where wind power projects were recently developed. The full report, ''Assessing the Economic Development Impacts of Wind Power, '' is available at NWCC's website http://www.nationalwind.org/. The methodology used for that study is summarized here in order to provide guidance for future studies of the economic impacts of other wind power developments. The methodology used in the NEA study was specifically designed for these particular case study areas; however, it can be generally applied to other areas. Significant differences in local economic conditions and the amount of goods and services that are purchased locally as opposed to imported from outside the will strongly influence results obtained. Listed below are some of the key tasks that interested parties should undertake to develop a reasonable picture of local economic impacts that may accrue from existing or future wind development.
Book Synopsis Data Science for Wind Energy by : Yu Ding
Download or read book Data Science for Wind Energy written by Yu Ding and published by CRC Press. This book was released on 2019-06-04 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: Data Science for Wind Energy provides an in-depth discussion on how data science methods can improve decision making for wind energy applications, near-ground wind field analysis and forecast, turbine power curve fitting and performance analysis, turbine reliability assessment, and maintenance optimization for wind turbines and wind farms. A broad set of data science methods covered, including time series models, spatio-temporal analysis, kernel regression, decision trees, kNN, splines, Bayesian inference, and importance sampling. More importantly, the data science methods are described in the context of wind energy applications, with specific wind energy examples and case studies. Please also visit the author’s book site at https://aml.engr.tamu.edu/book-dswe. Features Provides an integral treatment of data science methods and wind energy applications Includes specific demonstration of particular data science methods and their use in the context of addressing wind energy needs Presents real data, case studies and computer codes from wind energy research and industrial practice Covers material based on the author's ten plus years of academic research and insights
Book Synopsis Variables Affecting Economic Development of Wind Energy by :
Download or read book Variables Affecting Economic Development of Wind Energy written by and published by . This book was released on 2008 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: NREL's JEDI Wind model performed an analysis of wind-power-related economic development drivers. Economic development benefits for wind and coal were estimated using NREL's JEDI Wind and JEDI Coal models.
Book Synopsis Job and Economic Development Impact (JEDI) Model by :
Download or read book Job and Economic Development Impact (JEDI) Model written by and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Brochure on the Jobs and Economic Development Impact (JEDI) Model for calculating the economic impacts of wind development.
Book Synopsis Jobs and Economic Development Impacts from Small Wind by : Suzanne Tegen
Download or read book Jobs and Economic Development Impacts from Small Wind written by Suzanne Tegen and published by . This book was released on 2012 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Final Report for Harvesting a New Wind Crop by : Susan Innis
Download or read book Final Report for Harvesting a New Wind Crop written by Susan Innis and published by . This book was released on 2005 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Final Report for ''Harvesting a New Wind Crop: Innovative Economic Approaches for Rural America'': This project, ''Harvesting a New Wind Crop'', helped stimulate wind development by rural electric cooperatives and municipal utilities in Colorado. To date most of the wind power development in the United States has been driven by large investor-owned utilities serving major metropolitan areas. To meet the 5% by 2020 goal of the Wind Powering America program the 2,000 municipal and 900 rural electric cooperatives in the country must get involved in wind power development. Public power typically serves rural and suburban areas and can play a role in revitalizing communities by tapping into the economic development potential of wind power. One barrier to the involvement of public power in wind development has been the perception that wind power is more expensive than other generation sources. This project focused on two ways to reduce the costs of wind power to make it more attractive to public power entities. The first way was to develop a revenue stream from the sale of green tags. By selling green tags to entities that voluntarily support wind power, rural coops and munis can effectively reduce their cost of wind power. Western Resource Advocates (WRA) and the Community Office for Resource Efficiency (CORE) worked with Lamar Light and Power and Arkansas River Power Authority to develop a strategy to use green tags to help finance their wind project. These utilities are now selling their green tags to Community Energy, Inc., an independent for-profit marketer who in turn sells the tags to consumers around Colorado. The Lamar tags allow the University of Colorado-Boulder, the City of Boulder, NREL and other businesses to support wind power development and make the claim that they are ''wind-powered''. This urban-rural partnership is an important development for the state of Colorado's rural communities get the economic benefits of wind power and urban businesses are able to claim the environmental benefits. The second method to reduce the cost of wind power we investigated involved access to cheap capital. Municipal utilities and rural electric cooperatives have access to low-interest loan programs and frequently finance projects through the sale of revenue bonds, but we were interested in the possibility for small businesses and community banks to provide equity and debt for wind projects. We worked with Boulder Community Hospital to explore their interest in partnering with other businesses and individuals to help catalyze the first community-owned wind project in Colorado. We also met with and gained interest from the independent community banks for the idea of wind power. These small banks may be restricted by lending limits, but are an integral part of rural communities and are very interested in the economic development opportunities wind power presents for small towns. This project was successful in getting six rural electric cooperatives and municipal utilities to purchase more than 25 MW of wind power in Colorado, Wyoming and Nebraska. These utilities also announced plans to explore an additional 100 MW or more of wind power development over the next few years. Finally, munis and coops in New Mexico began exploring wind power by offering small green power programs to their customers. WRA believes the lessons learned from this project will assist other municipal utilities and rural electric cooperatives as they develop wind projects.
Book Synopsis Jobs and Economic Development Impacts from Small Wind: JEDI Model in the Works (Presentation) by :
Download or read book Jobs and Economic Development Impacts from Small Wind: JEDI Model in the Works (Presentation) written by and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This presentation covers the National Renewable Energy Laboratory's role in economic impact analysis for wind power Jobs and Economic Development Impacts (JEDI) models, JEDI results, small wind JEDI specifics, and a request for information to complete the model.
Book Synopsis Variables Affecting Economic Development of Wind Energy by : Eric Lantz
Download or read book Variables Affecting Economic Development of Wind Energy written by Eric Lantz and published by . This book was released on 2008 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: We used the National Renewable Energy Laboratory's (NREL's) latest Jobs and Economic Development Impacts Wind (JEDI Wind) model to perform a sensitivity analysis of wind-power-related economic development drivers, and economic development benefits for wind and coal were estimated using NREL's JEDI Wind and JEDI Coal models. Our research shows that economic development impacts can be dramatically enhanced through the development of local wind power manufacturing industries.
Book Synopsis The Impact of Wind Development on County-Level Income and Employment by :
Download or read book The Impact of Wind Development on County-Level Income and Employment written by and published by . This book was released on 2012 with total page 3 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economic development potential from wind power installations has been a driver of public and policy support for the industry at the local and state levels for many years. The possibility for economic development has been particularly salient in rural areas of the country where new investment, earnings growth, and employment opportunities have, in many cases, otherwise trended downward for some time. Despite frequent mention of the economic development potential of wind power projects, however, questions persist on the magnitude, distribution, and durability of these impacts. Of particular concern for rural communities is whether new investment in wind power projects stimulates long-term local economic growth and employment. Questions about the economic development and employment impacts of wind power also persist at the national level. However, such debates tend to be more concerned with potential economic losses associated with displacement of other energy sources or land uses and the macroeconomic effects of policy support for renewable energy and changes in electricity rates that might result from wind energy deployment. The present analysis focuses solely on county-level impacts.
