Nebraska Power Alliance releasing economic impact report to coincide with state’s Wind and Solar Conference
Governor’s Wind and Solar Energy Coalition | October 27, 2019
(LINCOLN, Neb.) – Officials with the Nebraska Power Alliance will release a new, comprehensive economic impact reportthis week in conjunction with 12th Annual Nebraska Wind and Solar Conference in Lincoln October 29-30. Data from the report will include current and historical cumulative economic impacts on the state of Nebraska as a result of the increase in wind energy development. Additionally, there is a special section on the fixed-cost-upside of the technology used to produce wind energy compared to other energy generating resources. The Nebraska Power Alliance is an organization representing the renewable energy industry and its project developers, investors, Nebraska landowners, manufacturers and suppliers.
“This economic report delivers a solid offering of new information and the Wind and Solar Conference week is the optimal time to release the findings. The conference is invaluable to the attendees for not only the investment outlook, but also for the informal connections that help Nebraskans navigate the growth of the renewable energy industry,” said Richard Lombardi, chairman and CEO of American Communications Group, Inc., the firm that represents the Nebraska Power Alliance at the state capitol.
Nebraska is ranked third in the United States for potential wind energy generation and ranked 15th in the nation for installed wind capacity. With 1,048 installed turbines, the wind energy industry has invested more than $3.2 billion in Nebraska to date. Additionally, the wind energy industry supports the Nebraska agriculture industry through $24.6 million in land lease payments made to farmers and ranchers throughout the state.
“Nebraska has been transformed by the wind industry. The wind industry investment in Nebraska is an investment in jobs. Jobs in operations, maintenance, construction, and here in Lancaster County, jobs in the engineering and design businesses. But the renewable power industry does so much more. It directly supports our school districts, our counties, our farmers and our ranchers. It is one of the few investment strategies that grow our rural economies,” said Lancaster County Commissioner Sean Flowerday in the Nebraska Power Alliance report.
“The untapped potential of renewable energy in Nebraska is easy to see,” says Jeff Clark, President of the Advanced Power Alliance, the parent organization of the Nebraska Power Alliance. “In addition to wind power, Nebraska has a significant opportunity to achieve leadership positions in the growing solar and energy storage sectors.”
The Advanced Power Alliance is the industry trade association promoting the development of wind and solar energy resources as clean, reliable, affordable, and infinite sources of power. The Alliance is the advanced power industry’s voice within the fourteen states of the Electric Reliability Council of Texas (ERCOT) and Southwest Power Pool (SPP) systems: Arkansas, Iowa, Kansas, Louisiana, Minnesota, Missouri, Montana, Nebraska, New Mexico, North Dakota, Oklahoma, South Dakota, Texas and Wyoming.