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Economic, Fiscal, and Social Impacts of the Transition of Electricity Generation Resources in Indiana AUGUST 2020 | 20-C11 101 W

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Economic, Fiscal, and Social Impacts of the Transition of Electricity Generation Resources in Indiana AUGUST 2020 | 20-C11 101 W Economic, Fiscal, and Social Impacts of the Transition of Electricity Generation Resources in Indiana AUGUST 2020 | 20-C11 101 W. Ohio Street, Suite 400 Indianapolis, IN 46204 policyinstitute.iu.edu Economic, Fiscal, and Social Impacts of the Transition of Electricity Generation Resources in Indiana AUTHORS Tom Guevara, Director, Public Policy Institute Tim Slaper, Co-director, Indiana Business Research Center Sanya Carley, Professor, O’Neill School of Public and Environmental Affairs Matt Kinghorn, Senior Demographic Analyst, Indiana Business Research Center Drew Klacik, Senior Policy Analyst, Public Policy Institute Jamie Palmer, Senior Policy Analyst, Public Policy Institute Kevin Martyn, Visiting Lecturer, O’Neill School of Public and Environmental Affairs Madeline Mohrman, Research Assistant, O’Neill School of Public and Environmental Affairs Claire Williamson, Research Assistant, O’Neill School of Public and Environmental Affairs The IU Public Policy Institute (PPI) produces unbiased, high-quality research, analyses and policy guidance to effect positive change and improve the quality of life in communities across Indiana and the nation. As a multidisciplinary institute within the IU O’Neill School of Public and Environmental Affairs, PPI supports the Center for Health and Justice Research, the Center for Research on Inclusion & Social Policy, the Manufacturing Policy Initiative, and the Indiana Advisory Commission on Intergovernmental Relations. Established in 1925, the Indiana Business Research Center (IBRC) is an integral unit in the Kelley School of Business at Indiana University. The IBRC provides and interprets the economic information needed by the state’s business, government and nonprofit organizations, as well as users of such information throughout the nation. In addition, the Center conducts original research to generate needed information when existing data are not available or sufficient. The goal of the IBRC is to put analytical tools and practical research into the hands of its users to help them transcend the challenges of today's rapidly changing world. The Paul H. O’Neill School of Public and Environmental Affairs at Indiana University is a professional school with 140 full-time faculty serving more than 4,000 students on two campuses: Bloomington and Indianapolis. Founded in 1972, the school was the first of its kind to combine public policy, management, and administration with environmental studies. The O’Neill School provides international scope, influential research, and focused opportunities for students to pair a comprehensive foundation of knowledge with hands-on experience in the field. Its more than 34,000 alumni work in the public, private, and nonprofit sectors around the world. TABLE OF CONTENTS EXECUTIVE SUMMARY........................................................................................................................................... 1 EXECUTIVE SUMMARY INTRODUCTION.................................................................................................................................................... 4 PART 1: Background PROJECT OVERVIEW METHODOLOGY.................................................................................................................................................... 5 VOTE CENTER MODEL Literature reviews..................................................................................................................................................................................Election Day vote centers 5 State and local impacts of selectedMarion near-term County retirementsvote centers of coal-fired generation.................................................................................. 5 Direct economic and tax VOTINGeffects................................................................................................................................................................. SYSTEMS IN THE U.S. 5 Input-output modeling..............................................................................................................................................................................Types of voting equipment 6 Aging voting equipment Stakeholder interviews..............................................................................................................................................................................Funding to replace voting machines 7 Employment impacts of near-termVoting solar, machines wind, and in naturalMarion Countygas generation investments in Indiana............................................................ 9 METHODOLOGY AN ENERGY TRANSITION—AEstimating LITERATURE voting REVIEW. equipment................................................................................................ 10 Optimal vote center locations Impacts associated with the decline of coal........................................................................................................................................... 13 Employment..............................................................................................................................................................................13 Tax revenue losses....................................................................................................................................................................................PART 2: Estimating voting equipment 14 Social.......................................................................................................................................................................................................VOTING MACHINES FOR 2020 15 Impacts associated with the increaseVoter turnoutof renewable energy..................................................................................................................... 15 Employment..............................................................................................................................................................................15Jurisdictions using voting machines Other jurisdictions replacing equipment for 2020 Tax revenue.............................................................................................................................................................................................. 18 Landowner payments................................................................................................................................................................................WHAT THIS MEANS FOR MARION COUNTY 18 Additional factors Variation in local impacts from renewable energy projects....................................................................................................................... 19 Employment transitions from fossil fuels to renewables.......................................................................................................................... 19 PART 3: Optimal vote center locations INDIANA’S ENERGY TRANSITION—APOLLING LOCATIONS LITERATURE & TURNOUT REVIEW ..................................................................................... 21 Primary & general election of 2015 & 2019 elections Change in share of voters by polling location STATE & LOCAL IMPACTS OFLevel SELECTED of voter turnout NEAR-TERM by location RETIREMENTS OF COAL-FIRED GENERATION IN INDIANA......... 23 Schahfer Generating Station.................................................................................................................................................................OPTIMAL VOTE CENTER LOCATIONS 24 Employment............................................................................................................................................................................................Potential polling sites to close 24 Strongest potential locations for polling sites Employee demographics.......................................................................................................................................................................... 25 Considerations Wages and compensation........................................................................................................................................................................ 26 Occupations............................................................................................................................................................................................ 27 Goods and services purchases.................................................................................................................................................................PART 4: Recommendations 28 Local income and propertyVOTING taxes............................................................................................................................................................. TECHNOLOGY & LOCATIONS QUANTITY 31 Regional economic analysis ....................................................................................................................................................................Number of voting machines for 2020 33 Stakeholder input....................................................................................................................................................................................Optimize vote center locations 34 Summary................................................................................................................................................................................................ALLOCATING
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