New report: Iowa wind power success story just getting started
Des Moines, July 16, 2015 Iowa households and business owners can keep more money in their pockets, and Iowa farmers and other rural landowners will receive additional tens of millions of dollars in land lease payments, with expansion of the states drought-resistant cash crop wind power.
Thats according to a new report,
A wind vision for new growth in Iowa, released today by the American Wind Energy Association (AWEA) and the Wind Energy Foundation (WEF). The organizations held a roundtable discussion to discuss the findings at Des Moines Area Community College, where 70 percent of students in the Industry and Technology Department study wind-related programs. The report highlights new state-specific data from the U.S. Department of Energy (DOE), in its recently released
Wind vision: A new era for wind power in the United States.
A top takeaway of the report is that $3.6 billion in total electric bill savings are possible through 2050 as the state continues to tap Iowas world-class wind resource. While the state already reliably generates over 28 percent of its electricity from wind, the DOE data shows wind could supply over 40 percent of Iowas electricity in the next five years. It could more than triple that by 2030 supplying enough electricity for 6.3 million average American homes, and offering a growing export product for other states to buy from Iowa.
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Wind power already supports up to 7,000 well-paying jobs in Iowa and is a leader in the states manufacturing sector, including jobs at 13 factories and assembly plants around the state. The new report shows in addition to creating many more jobs, annual land-lease payments to Iowa farmer and other rural landowners could grow from $17.1 million today to $55 million just 15 years from now, in 2030.
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By 2020, five years from now, the DOE data shows that other economic and environmental benefits that Iowa would enjoy by expanding wind energy include:
Over $49 million in annual property tax revenue to Iowas economy
Over $19 million dollars a year in payments to farmers and other rural Iowa landowners
3.7 billion gallons of fresh water a year conserved annually, or 28.5 billion bottles worth
More than 6 million metric tons of carbon emissions avoided annually or 1.36 million cars worth of emissions
And by 2030, 15 years from now:
$136 million in annual property tax revenue to Iowas economy
Over 4 billion gallons of water a year conserved, or 32.3 billion bottles annually
Nearly 8 million metric tons of carbon emissions avoided or 1.66 million cars worth of emissions
http://www.awea.org/MediaCenter/pressrelease.aspx?ItemNumber=7713
cross posted in Environment and Energy group
http://www.democraticunderground.com/112791707