June 14, 2011
Upcoming SLC Publication: Report on Renewable Energy and the SLC States
In the upcoming weeks, the SLC will issue a report entitled “Green Energy and the SLC States.” The report explores efforts initiated by Southern states in recent years to develop the renewable energy sector in the region and an assessment of the economic development, energy and environmental benefits expected to flow from these efforts. The report comprises three parts: Part 1 explores the economic development component of the renewable energy sector with details on how the renewable sector could rejuvenate the nation’s eroding manufacturing sector and job creation trends (direct, indirect and induced) at both the national and state levels related to the renewable energy sector. Part 2 focuses on the energy component and includes details on the status, nationally and regionally, of such renewable components as hydro, solar, wind, biomass and geothermal; renewable portfolio standards and the general move toward renewable sources as a domestic and local source of reliable and sustainable energy; composition of the contemporary energy market; national and regional trends; and, finally, an assessment of the environmental and public health benefits to developing renewable energy. Part 3 delves into the SLC state profiles and relies mostly on the responses provided by states to the SLC surveys with such details as financial incentives proffered for energy efficiency at both the residential and commercial levels; energy savings and environmental impacts; financial incentives for renewable energy provided to both attract and/or retain corporations to the different SLC states; and a sampling of the different renewable energy projects either active or pending in the states. Officials in the relevant SLC state economic development and energy offices were contacted for information along with additional research.