The Business Leader Energy Roundtable
Community and business leaders across Kansas will gather to discuss the true cost and benefits of the Kansas wind industry. This invitation only forum will feature open dialogue with fact-based information.
Polsinelli energy authority Luke Hagedorn and Scott W. White, Ph.D., of the Kansas Energy Information Network will deliver the luncheon event’s keynote report: The Economic Benefits of Kansas Wind Energy.
Other presentations on the economic impact will be presented by the Harvey County Economic Development Association and the Hutchinson/Reno County Chamber of Commerce. The Wind Coalition will provide an update on issues to be discussed before the current Kansas Legislature.
WHEN: 11:30 a.m. – 1:30 p.m., Friday, February 1
WHERE: Meridian Center, 1420 East Broadway Court, Newton, KS
ROUNDTABLE TOPIC: The Economic Benefits of Kansas Wind Energy
Over the past few years, there have been attempts to predict wind energy’s impact on the Kansas economy based upon various economic models, but there has not been a study that utilizes actual empirical data from Kansas projects. To address this need, members of Polsinelli’s Wind Energy Practice, in partnership with the Kansas Energy Information Network, have prepared a report for the Kansas civic and business community that analyzes empirical data from the nineteen wind projects currently in operation or under construction in the state of Kansas, with the goal of quantifying the true economic impacts of wind generation in the state.
The reason for release of the new report:
- A prior lack of analysis of the economic impact date for Kansas wind projects;
- Prior studies have relied upon economic forecasts rather than empirical analysis of actual impacts;
- The Kansas Renewable Portfolio Standard (RPS), an important economic development tool for attracting new businesses to the state, is 90 percent complete, thus allowing an accurate appraisal of actual results.
Some of the key findings from the report:
- New wind generation has been less expensive than other new peaking or intermittent energy generation;
- Kansas wind generation has created a total of 13,484 total jobs (3,484 construction jobs, 263 operation and maintenance jobs, and 9,737 indirect and induced jobs) for Kansas citizens;
- Kansas wind generation has created revenues of more than $273 million for landowners;
- Kansas wind generation has created revenues of more than $208 million for community organizations and local and county governments; and
- The RPS has become an important economic development tool for attracting new businesses to the state.