Humboldt County As A Renewable Energy Secure Community - Interim Task Report - Task 4 Economic Analysis Report

Publication Number:    CEC-500-2013-020

Abstract:
This document reports on the economic analysis conducted for the Humboldt Renewable Energy Secure Community project. The task was to generate cost and economic impact estimates associated with investments in renewable energy and energy efficiency. Energy efficiency supply curves and levelized cost of energy estimates were developed and are presented here. A transportation cost analysis examines the costs and benefits associated with electric vehicles. The research team customized available Jobs and Economic Development Impact models from the National Renewable Energy Laboratory for the Humboldt County, California, economy and, where not available, developed its own impact assessment models to support estimate of economic impacts. The renewable energy industry cluster is characterized, and jobs, earnings, and economic outputs are estimated. The cost and impact estimates are used as criteria for selecting feasible and appropriate portfolios of renewable energy and energy efficiency that have the potential of being implemented in Humboldt County. Ultimately, the economic and engineering technical analyses will inform the development of a viable strategic plan to guide clean energy investments in Humboldt County.

Author(s):  Steven C. Hackett, Luke Scheidler, Ruben Garcia Jr.

Commission Division:    Energy Research and Development (500)

Office/Program:    PIER: Public Interest Energy Research

PIER Program Area:    Renewable Energy Technologies

Date Report Completed:    April 2013

Date On Line:    07/15/2013

Acrobat PDF File Size: 114 pages, 1700 kilobytes

cover of report

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