(471e) Economic and Energy Impacts of Wind Energy Expansion in the US Using Multi-Regional Input Output (MRIO) Tables.
AIChE Annual Meeting
2020
2020 Virtual AIChE Annual Meeting
Sustainable Engineering Forum
Design, Analysis, and Optimization of Sustainable Energy Systems and Supply Chains
Monday, November 16, 2020 - 9:00am to 9:15am
The changes in economic throughputs of different economic sectors in each of the 52 regions was quantified. The total economic impact was found to be 26 billion dollars of which 3 billion dollars was associated with the states where no new wind energy capacity was installed. Installation of new energy production capacity also results in change in energy consumption by different economic sectors across US. Using the US-MRIO model and the energy intensity of manufacturing sectors, the energy consumption increase due to addition of wind farms was found to be about 6952 trillion of btu for the total change in economic throughput. Primary metal manufacturing and Machinery manufacturing sectors stood out amongst other manufacturing sectors with considerable change in energy consumption with an increase of 3074 trillion of btu and 1537 trillions of btu. The change in energy consumption was found at a four census (North, South, Midwest and West regions of the US) regional level.