Economic Impact of a Commercial-Scale Offshore Wind Power Facility in Maine [Docket No. 2010-235]

Source/Sponsor: 
Statoil North America
Creator/Author: 
Todd Gabe, University of Maine (UMaine)
Description: 

The report examines the statewide economic impact of a 500 MW offshore wind energy facility through two different scenarios.  Under the existing supply chain, the report estimates that planning and construction activities would have an annual economic impact in each of the five years of the project of an estimated $271.0 million in output, 2,218 full- and part-time jobs, and $89.2 million in labor income.  Operations and maintenance (O&M) would have an annual economic impact for at least 20 years of operations of an estimated $115.4 million in output, 546 full- and part-time jobs, and $31.5 million in labor income.  Under an enhanced supply chain scenario, which would require attracting a turbine assembly plant to Maine, the annual statewide economic impacts of planning and construction could increase to an estimated $473.0 million in output, 3,199 full- and part-time jobs, and $141.9 million in labor income.  Operations and maintenance (O&M) would increase annual state economic impact to an estimated $209.8 million in output, 932 full- and part-time jobs, and $55.1 million in labor income.

 
pdf
Publication Date: 
Monday, September 17, 2012
3 MB
Resource Type: 
Document
State: