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The Changing Energy Landscape and Its Impact on Economic Development in America

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The Changing Energy Landscape and Its Impact on Economic Development in America The Changing Energy Landscape and its impact on economic development in America The Changing Energy Landscape And its Impact on Economic Development in America International Economic Development Council IEDC is the world’s largest membership organization serving the economic development profession, with more than 5,000 members and a network of more than 25,000 economic development professionals and allies. From public to private, rural to urban, and local to international, our members represent the entire range of economic development experience. Through a range of services including conferences, training courses, webinars, publications, research and technical assistance efforts, we strive to provide cutting-edge knowledge to the economic development community and its stakeholders. For more information about IEDC, visit www.iedconline.org. Craig J. Richards, CEcD, FM President & CEO Tampa Hillsborough Economic Development Corporation, FL 2018 Chairman of the Board, IEDC Michael Langley, FM, HLM President & CEO Greater Minneapolis Saint Paul Regional Economic Development Partnership, MN 2017 Chairman of the Board, IEDC Jeffrey A. Finkle, CEcD President & CEO International Economic Development Council © Copyright 2018 International Economic Development Council 2 | E D R P – The Changing Energy Landscape Economic Development Research Partners The EDRP Program is the “think tank” component of IEDC, designed to help economic development professionals weather the challenges and grab opportunities from economic changes affecting our communities. EDRP members are leaders in the field of economic development, working through this program to improve the knowledge and practice of the profession. IEDC would like to thank the Economic Development Research Partners program for providing the impetus and resources for this project. Mark J. James, CEcD Ronnie Bryant, CEcD, FM, Jerry Stewart, CEcD Vice President, Economic and HLM Workforce Development Business Development President & CEO Coordinator American Electric Power Charlotte Regional City of Virginia Beach Company, OH Partnership, NC Economic Development, VA Paul Krutko, FM, HLM Charles Wood, CEcD Kenny McDonald, CEcD President & CEO Vice President, Economic Chief Economic Officer Ann Arbor SPARK, MI Development Columbus 2020!, OH Chattanooga Area Chamber Bryan Daniels, CEcD of Commerce, TN SeonAh Kendall President & CEO Economic Health Manager Blount Partnership, TN Allison Thompson, CEcD, City of Fort Collins Economic EDFP Health Office, CO Robert Camoin, CEcD Director of Economic President & CEO Development Ron Patterson Camoin Associates, Inc., NY City of Cedar Hill Economic Interim President Development, TX Frisco Economic Andra Cornelius, CEcD Development Corp., TX Senior Vice President, Quinten L. Harris JD, MPA Business & Workforce Deputy Director of Jobs and Jennifer Graves, CEcD Development Economic Development Deputy Director CareerSource Florida, Inc., FL City of Columbus Gilbert Office of Economic Department of Development, Development, AZ Kurt Chilcott, CEcD, FM, HLM OH President & CEO Molly Howey, CEcD CDC Small Business Finance Kevin Atkins Senior Vice President for Group, CA Chief Development Officer Economic Development City of Lexington Office of GO Topeka Economic the Mayor, KY Partnership, KS 3 | E D R P – The Changing Energy Landscape Brett Doney, CEcD, FM Barry Matherly, CEcD, FM, Amy Clickner, CEcD, CFRM President & CEO HLM CEO Great Falls Development President & CEO Lake Superior Community Authority, Inc., MT Greater Richmond Partners, MI Partnership, Inc., VA Regina Lindsey, CEcD Jonas Peterson, CEcD CEO & President Julie Engel, CEcD President & CEO Greater Beaumont Chamber CEO & President Las Vegas Global Economic of Commerce, TX Greater Yuma Economic Alliance, NV Development Corp., AZ David Maahs, CEcD James Chesshir Executive Vice President Rick L. Weddle, FM, HLM President & CEO Greater Des Moines President & CEO Little Rock Regional Chamber Partnership, IA Hampton Roads Economic of Commerce, AR 2018 EDRP Task Force Development Alliance, VA Chairman William Allen Stephanie Cook President & CEO Robert Swindell Program Manager Los Angeles County President & CEO Idaho National Laboratory, ID Economic Development, CA Greater Fort Lauderdale Alliance, FL Eloisa Klementich, CEcD Donald Pierson President & CEO Secretary Jason Ford, CEcD Invest Atlanta, GA Louisiana Department of Vice President, Regional Economic Development, LA Economic Development Thomas Kucharski, CEcD Greater Houston President & CEO John Osborne Partnership, TX Invest Buffalo Niagara, NY CEO & President Lubbock Economic Michael Langley, FM, HLM Catherine Chambers Development Alliance, TX President & CEO Senior Vice President, Greater Minneapolis Saint Strategy & Business Paul Jadin, CEcD Paul Regional Economic Development President Development Partnership, JAXUSA, FL Madison Region Economic MN Partnership, WI Matt Waldo William Foreman Manager, Research & Darrell Auterson, CEcD, Executive Vice President Information EDFP, FM Greater Oklahoma City JobsOhio, OH Former President & CEO Chamber, OK McKinney Economic Development Corp., TX 4 | E D R P – The Changing Energy Landscape Susan Proctor Will Sproull, FM, HLM Craig Richard, CEcD, FM Director, Global Business President & CEO President & CEO Attraction Richardson Economic Tampa Hillsborough Michigan Economic Development Partnership, TX Economic Development Development Corp., MI Corp., FL Lyneir Richardson Kevin KcKinnon Executive Director Christine Nelson Deputy Commissioner Rutgers Center for Urban Vice President, Regional Minnesota Department Entrepreneurship and Business Development Employment & Economic Economic Development, NJ Team NEO, OH Development, MN JoAnn Crary, CEcD, FM, HLM Robert Allen Jay Moon, CEcD, FM, HLM President President & CEO President & CEO Saginaw Future Inc., MI Texas Economic Mississippi Manufacturers Development Corp., TX Association, MS Lara Fritts, CEcD Director, Economic Lou Ann Nisbett, CEcD Michael Meek, CEcD Development Department President & CEO President Salt Lake City Corp., UT Economic Development New Braunfels Economic Alliance for Jefferson County, Development Council, TX Ron Kitchens, CEcD AR Senior Partner Scott Martinez, CEcD Southwest Michigan First, MI Birgit Klohs, HLM President President & CEO North Louisiana Economic Rodney Crim, CEcD, EDFP The Right Place, Inc., MI Partnership, LA President St. Louis Economic Mike Neal, CCE, CCD John Sampson Development Partnership, President & CEO President & CEO MN Tulsa Regional Chamber, OK Northeast Indiana Regional Partnership, IN James Alexander Stephen Moret Senior Vice President President & CEO Irene Spanos St. Louis Regional Chamber, Virginia Economic Director, Economic MN Development Partnership, Development & Community VA Affairs Oakland County Executive Office, CA 5 | E D R P – The Changing Energy Landscape Acknowledgements IEDC would like to thank the Economic Development Research Partners task force that provided direction for this paper: Amy Clickner, CEcD, CFRM - 2017 EDRP Chair Rick L. Weddle, FM, HLM - 2018 EDRP Chair David Maahs, CEcD - EDRP Task Force Chairman Mark J. James, CEcD - EDRP Task Force Vice Chairman Birgit Klohs, HLM Quinten L. Harris JD, MPA John Osborne Lou Ann Nisbett, CEcD We would also like to thank the many communities from across America that shared their stories, as well as GIS WebTech, which generously donated time and expertise to create the ArcGIS maps that illustrate the Changing Energy Landscape. 6 | E D R P – The Changing Energy Landscape Primary author Lynn A. Knight, CEcD Contributors Louise Anderson Delaney Luna Timothy Grey Jonathan Gu Kalvin Guyer Cameron Stewart-Baker Editors Eli Dile Cyrena K. Pattillo Creative direction Akia Ashmond Brew Graphic design Alissa Soriano May 9, 2018 International Economic Development Council 734 15th Street NW, Suite 900 Washington, DC 20005 (202) 223-7800 iedconline.org 7 | E D R P – The Changing Energy Landscape Table of contents I. The changing energy landscape 9 II. Coal as a cornerstone 11 Case study: Regional strategy – Appalachian Sky..................................................................................... 17 Case study: Removing geographical barriers – SoloWorks, New Mexico ................................................ 18 Case study: Utility companies as partners – American Electric Power ..................................................... 20 III. Nuclear energy: headed for change 22 Case study: Vermont Yankee ..................................................................................................................... 30 Case study: Understanding the issues for long-term planning – Pilgrim Nuclear Power Station, Plymouth, Massachusetts .......................................................................................................................... 34 Case study: Crises inspires cross-community consultation – Diablo Canyon, California .......................... 36 IV. Oil and natural gas 38 Case study: America’s oil powerhouse – Texas ......................................................................................... 50 Case study: North Louisiana and the Haynesville Shale ........................................................................... 53 Case study: Calvert County and Dominion Cove Point, Maryland ............................................................ 54 Case study: The Eagle Ford Shale Community Development Program – Texas ....................................... 60 Case study: Working with state partners to
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