SLC Special Series Report | May 2017
The nation's energy sector is undergoing substantial changes, as political and economic factors converge to encourage diversification in generation. Aided by state and federal tax credits, renewable energy generation technologies are experiencing unprecedented growth as production costs decline and implementation increases.
As the renewable energy sector continues to grow, concerns that such expansions could lead to widespread job losses in traditional energy sectors, such as coal, have proliferated. Southern states are rich in traditional energy resources; thus, many state economies have long depended on these resources. Because of the importance of these industries to the region, both in terms of economic development and employment opportunities, legislators often are faced with balancing business interests with the need for environmental protection and conservation.
This SLC Special Series Report, the first in a series exploring the myriad impacts of wind energy expansion on SLC states, examines the benefits of wind energy in the Southern region. Forthcoming reports present case studies from three SLC states, examine SLC states' capacity for wind energy generation and utilization, analyze state incentives, and explore the challenges of wind energy generation in the region.