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Wind Energy Economics: Potential Economic Development In West Michigan, Paul Isely Ph.D., Yue Fan, Erik Edward Nordman Ph.D.. Dec 2011

Wind Energy Economics: Potential Economic Development In West Michigan, Paul Isely Ph.D., Yue Fan, Erik Edward Nordman Ph.D..

Erik Edward Nordman

Economic analyses conducted by the West Michigan Wind Assessment indicate that wind energy development could generate economic benefits and new employment in West Michigan; however, much of the economic activity occurs during construction and the local benefits depend on how many turbine parts are manufactured locally. As the wind industry grows in Michigan, a higher portion of the spending to construct new wind facilities could remain in the state.


Wind Energy Economics: Production Costs And Additional Impacts, Erik Edward Nordman Dec 2011

Wind Energy Economics: Production Costs And Additional Impacts, Erik Edward Nordman

Erik Edward Nordman

West Michigan Wind Assessment Issue Brief #6 The economic costs of wind energy development were estimated in compared to costs of coal and natural gas. Excluding subsidies, but including external costs, we found that wind has a lower total cost ($/MWh) than coal, but slightly higher than natural gas.