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Full-Text Articles in Regional Economics
The Employment Impacts Of Wind Power Development In Maine 2003-2010, Charles S. Colgan
The Employment Impacts Of Wind Power Development In Maine 2003-2010, Charles S. Colgan
Economic Impact Analysis
The development of wind power in Maine has emerged as a significant economic opportunity in the past several years, providing one of the few growing sectors in the latter half of the last decade. The employment impact of this development has been discussed in regulatory filings before, but has not been examined in detail using post-construction data on actual wind power projects. This report examines the employment impacts of three major wind power projects: Mars Hill in Aroostook County, Stetson Mountain in Washington County, and Kibby Mountain in Franklin County. (Stetson and Kibby were undertaken in two phases.) These projects …
Economic Impacts Of The Proposed Maine Power Reliability Project, Charles S. Colgan
Economic Impacts Of The Proposed Maine Power Reliability Project, Charles S. Colgan
Economic Impact Analysis
Central Maine Power Company (CMP) proposes to invest in a significant upgrade to much of its high voltage transmission system in central and southern Maine in order to increase reliability in the future and to meet Federal standards for the nation’s electricity grid. The project, known as the Maine Power Reliability Program (MPRP) is expected to cost an estimated $1.5 billion and to be implemented over the four year period from 2009 to 2012.
Large construction projects such as MPRP typically have a different type of impact on the economy than, for example, a new manufacturing plant. Construction and related …
The Economic Impacts Of The Horizon Wind Energy Project, Charles Colgan
The Economic Impacts Of The Horizon Wind Energy Project, Charles Colgan
Economic Impact Analysis
Horizon Wind Energy proposes to build 800MW of electric generation in Aroostook County, Maine. This report examines the economic impacts from the construction and the operational employment associated with the proposed project.
The economic impact analysis was conducted using an econometric model of the Maine economy maintained by the USM Center for Business and Economic Analysis and developed by Regional Economic Models Inc. (REMI) of Amherst, Massachusetts. The REMI model is a widely used economic forecasting and impact estimation model which has been used by CBER for more than 15 years. It has been used by the State Planning Office …