EXPERIENCE
To view a sampling our of projects, please choose from the menu on the left.
New York Power Authority - As part of a study examining the economic development potential of an offshore wind farm in the Great Lakes, Advanced Energy Economics built a series of models to estimate the economic impact of three different levels of offshore wind industry development in New York State. These impact scenarios are used to demonstrate the significant economic impact if the state is able to establish itself as a leader in the offshore wind industry.
Horizon Wind Energy - Horizon Wind Energy utilized Advanced Energy Economics (AEE) to evaluate the economic and fiscal impacts of its proposed wind farms in the North Country of New York. Specifically, AEE assessed construction and operational expenditures, as well as jobs, wages, economic output and royalty payments to property owners.
New York Power Authority - In partnership with AWS Truepower, Advanced Energy Economics (AEE) recently completed a study analyzing the economic development potential of NYPA’s Great Lakes Offshore Wind (GLOW) Project. NYPA published a request for proposals from offshore wind developers in December 2009 to develop a wind farm in Lake Erie or Lake Ontario. The anticipated rated power capacity will be between 120 and 500 MW. NYPA turned to AEE to help them understand the likely economic development activity that would occur in New York State as a result of the GLOW project and identify initiatives that they and other stakeholders could take to enhance the potential of the GLOW project to bring new jobs and investment to New York State. AEE is currently working with NYPA and its stakeholders to develop an Economic Development Plan around the GLOW Project.
University of Maine & City of Old Town - Advanced Energy Economics, in partnership with PolicyOne Research of Scarborough, Maine, is working on a market feasibility assessment for a research and industrial park in the City of Old Town, Maine, adjacent to the University of Maine. Our market research points to the importance of developing nearby alternative energy sources to provide low-cost power to park tenants, which would make the park a much more competitive location.
Zapata County, Texas - The Zapata Economic Development Center (ZEDC) is working hard to overcome the severe economic hardships plaguing the rural border community of Zapata County, Texas. For decades, the County relied on the oil and gas industry to create jobs and tax revenue. As drilling activity subsided in recent years, the County’s economy suffered and job opportunities for residents are now severely limited. Advanced Energy Economics assisted ZEDC in preparing an organizational action plan, developing the County’s first tax abatement schedule, and preparing for a site visit by a major business prospect. These initiatives are helping the County position itself to attract clean and renewable energy projects in the future to replace the loss of economic activity they’ve experienced with the decline of oil and gas drilling.
Madison County - As part of its Economic Development Plan, Madison County opted to do a one-day work session with national site selectors to gain insights into the region's strengths and weaknesses. Advanced Energy Economics coordinated and facilitated the session, using its contacts to secure participation from site selectors representing various industry segments relevant to the County. The session identified realistic market opportunities and development initiatives for the County to pursue over the next five years, including ways to use renewable energy to make the rural county a more cost-competitive business location.
St. Lawrence Gas - In an effort to bring natural gas to portions of Franklin and St. Lawrence Counties in the North Country of New York State, the St. Lawrence Gas Company invested heavily in initial research and investigation work to build a natural gas pipeline. However, even with significant private investment and some public commitments, the Company had a funding gap of $2.5 million to complete construction of this major infrastructure initiative. St. Lawrence Gas turned to Advanced Energy Economics for help in securing a grant from New York State’s Upstate Regional Blueprint Fund to close their funding gap. The grant application was successful. The availability of low-cost natural gas will enhance the region’s competitiveness to attract new economic development activity.
Endure Renewable Energy, LLC - Endure Renewable Energy, LLC is a site selection consulting firm currently working with a Brazilian manufacturer of wind turbine towers. Endure is helping the company find a location for their new North American manufacturing site and has engaged Advanced Energy Economics to help evaluate the various grants, loans, exemptions, tax credits and other incentives being offered by a number of states across the US.
The New York State Empire Zones Program is one of the nation's premier incentives systems to promote economic development. If used properly, a company can reduce its New York State tax liability and local property tax payments to zero, reduce or eliminate sales tax, reduce energy costs, and in some cases, receive a cash payment from New York State for jobs and investment made. Advanced Energy Economics staff has extensive experience with both the public and private side of the Empire Zones Program, providing zone administration services to many municipalities across the state and providing business advice to various private entities.
AERCO International - This major manufacturer of high-efficiency natural gas boilers was considering a move from New Jersey to Rockland County, New York. Advanced Energy Economics (AEE) assisted the company in understanding the New York State incentives they should access to lower their costs. AEE guided AERCO through the process of becoming Empire Zone certified and is currently assisting them in pursuing incentives from the New York State Energy Research and Development Authority (NYSERDA) for energy efficient construction of their new facility and industrial process efficiency improvements.
University of Maine - Advanced Energy Economics is creating an inventory of Maine companies and organizations operating in or supporting cleantech and assessing the potential for future growth in this sector.
Mid Coast Council for Business Development - Advanced Energy Economics was part of a team that conducted an assessment of the potential for industry and cluster development in the Mid Coast area of Maine including opportunities within the energy and related sectors.
Maine Renewable Energy Consortium - Advanced Energy Economics is responsible for the business development and government relations for a proposed biomass fueled combined heat and power facility in South Portland Maine that will serve as an anchor for commercial and industrial development within a an energy eco-park.
Town of Madison, Maine - Advanced Energy Economics is part of a team that is assessing the feasibility of options around creating an energy district in Madison Maine to provide lower cost alternative heating to support development within the Downtown.
Portland Mass Transit - Jim Damicis of Advanced Energy Economics has been hired by Greater Portland Metro Bus to conduct a cost/benefit analysis comparing diesel powered buses to compressed natural gas (CNG) buses. The Greater Portland Transit District (Metro) is considering several options for bus replacements and improvements and is interested in an ‘apples to apples” cost comparison including capital, labor, operations, maintenance, and environmental costs to aid in the decision making process.