Evaluation of Maine's Public Investments in Research & Development (R&D)- Final Report

The report addresses the impacts of Maine's research and development (R&D) investments on innovation, competitiveness, and industrial growth.
The report addresses the impacts of Maine's research and development (R&D) investments on innovation, competitiveness, and industrial growth.
The study determined that the total economic impact of the phased project would be approximately:
- 350 MW Project: $1 billion in sales, 8,700 job-years and $610 million in wages (in present-year dollars).
- 700 MW Project: $3 billion in sales, 17,000 job-years and $1 billion in wages. A preliminary evaluation of port facilities found that the Howland Hook Marine Terminal, located on Staten Island, is expected to be the most viable New York State option to host the project's construction-related onshore activities.
The report estimated the economic and fiscal impacts that would occur statewide and in Barnstable County and statewide during the manufacturing/assembly (M/A) and construction/installation (C/I) and operation phases of the Cape Wind project. Positive economic and fiscal impacts during the M/A and C/I phase include: creation of between 597- 1,013 direct, indirect, and induced jobs; increase in labor income of between $32-$52 million annually; increase in property income of between $9.2-$14.8 million annually; and, increase in corporate income tax revenues of between $1.3-$2.1 million annually. Positive economic and fiscal impacts during the operation phase include: annual permanent employment increase of 154 jobs; annual labor income increase of $6.9 million; personal income tax revenue increase of $346,500 annually; corporate income tax revenue increase of $113,900 annually; and, annual property tax revenue increase of $279,678.
This Draft Determination evaluates the location and construction of a shoreline marine terminal in the South Terminal area of New Bedford Harbor, dredging of channels and a turning basin necessary to access a confined disposal facility (CDF), mitigation measures within and outside the hurricane barrier, and dredging, filling and capping activities associated with confined aquatic disposal cells (CAD). The project aims to develop a marine terminal that will provide infrastructure capable of supporting the development of offshore renewable energy facilities as well as other future uses.
The Energy Plan offers 49 recommended policy actions, governed by five guiding principles, for near-term and long-term implementation. The plan recommends further examination of a possible increase in the renewable energy portfolio standard (RPS) requirement greater than the current mandate (20% by 2019 )to incentivize offshore wind energy development. It also calls for development of a workforce training strategy and clean energy business development initiative (including measures to attract offshore wind supply chain activities and become the staging area for regional deployment of wind power infrastructure).
Overview of Maine's research and development (R&D) goals for deepwater wind energy development.
Overview of the Clemson University wind turbine drive train testing facility.
The Construction & Operations Plan (COP) describes all planned facilities that Cape Wind will construct or use and describes all proposed construction activities and commercial operations, including operations and maintenance (O&M). It presents an analysis of the surface and subsurface geology of the project area, and describes the activities planned to implement the pre-construction cultural, geological, and geophysical studies set forth in Addendum C to the Lease.
This report analyzes the capabilities of Marylandメs steel production, fabrication, and shipbuilding assets to support the commercial deployment of offshore wind generation along the Atlantic seaboard. Three scenarios based on different levels of investment are offered. Under a passive scenario, miniminal incremental sales could reach $20 million by 2025. The base scenario could bring over over $650 million by 2025 and between 3,500-5,000 jobs. An aggressive scenario could yield $1.5 billion by 2025 and between 6,000-8,500 jobs.
This report provides a review and identification of port infrastructure
requirements for offshore wind development, including vessel access and utilization, documentation of Maryland port capabilities, and analysis of the state of readiness for Maryland ports to service Atlantic Coast offshore wind system deployments. Over the next 1-3 years, the report recommends locating staging areas at Dundalk Marine Terminal or Sparrows Point Shipyard Industrial Complex (SPSIC), with Dundalk Marine Terminal being in a higher state of readiness. For the long-term strategy beyond 3 years, the report recommends establishing operations at Sparrows Point.