energy led economic development aspa presentation
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ENERGY LED ECONOMIC
DEVELOPMENTDAVID J. ROBINSON, OHIO STATE UNIVERSITY & THE
MONTROSE GROUP, LLC
05/01/2023DROBINSON@MONTROSEGROUP
LLC.COM
05/01/20232
ENERGY LED ECONOMIC DEVELOPMENTEnergy Led Economic Development IntroDefinition of EnergyEconomic Impact of EnergyEnergy Led Economic Development Strategy
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ENERGY LED ECONOMIC DEVELOPMENTWhy Energy?• Houston- 4th largest US City
& 40th largest world economy• Oregon- 43,000 renewable
energy jobs, 5000 companies• North Dakota- fastest
growing state doubling Texas & faster than China
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ENERGY LED ECONOMIC DEVELOPMENT
Capture All Local Energy
Sources
Low Cost, Reliable Energy
High-Wage Jobs & Capital
Investment
Sustainable Model
Elements of Energy Led Economic Development
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ENERGY LED ECONOMIC DEVELOPMENTRenewable Energy• Biomass• Hydro• Geothermal• Wind• Solar
Non-Renewable Energy• Coal• Oil• Natural Gas• Nuclear energy
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ENERGY LED ECONOMIC DEVELOPMENT
Coal Oil Natural Gas Renewables Nuclear
18%
36%
27%
9% 8%
Source of US EnergySource of US Energy
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ENERGY LED ECONOMIC DEVELOPMENT
Resource ExtractionProcessing
Resource Into Energy
Regulations & Incentives to
Promote Resource Extraction and Reduction of Energy Costs
Attraction of Energy Processing, Energy
Supply Chain & Energy Sensitive
Companies
Stages of Energy Led Economic Development
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ENERGY LED ECONOMIC DEVELOPMENT
Energy as Infrastructure• Reliable & Low Cost• Major Corporate Site Location Factor for Heavy Industry,
Logistics/Distribution & Data Centers• Winners- Idaho, Wyoming, Washington, Utah and Kentucky• Losers- New Hampshire, New York, Alaska, Connecticut
and Hawaii• Regulated & Deregulated Models• Energy Efficiency• Education
• Tax Incentives• Regulatory Mandate
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ENERGY LED ECONOMIC DEVELOPMENT
• Energy Cost Factor• Millennial Factor• Strategies
• Land Banks• Redeveloping Brownfields and
Historic Sites• Energy Districts• Transit Oriented Development• Transferred Development Rights• Urban Growth Boundaries• Impact Fees
Sustainable Development
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ENERGY LED ECONOMIC DEVELOPMENTUrban Energy Led Economic Development Model• Houston
• Oil & Natural Gas• Manufacturing,
Distribution and Service• Global Company HQ• Critical Infrastructure• Diverse Workforce• Sales Tax Incentive
Program
State Energy Led Economic Development Model• Oregon
• Response to 1970s Energy Crisis
• Policy & Tax Incentive Driven
• Water Resource• California Neighbor• Innovation & Tech
Commercialization
Rural Energy Led Economic Development Model• North Dakota
• Shale Revolution• Tax Growth• Planning• Quality of Life• Energy Capture &
Processing• Energy Intensive Company
Creation
