Economic Impact Study of Wind and Solar Energy
Presented by Power Up Illinois and Dr. David Loomis
This presentation unveils the first-ever county-level comprehensive economic study of wind and solar energy economic benefits in Illinois, prepared by Dr. Loomis with Illinois State University.
Power Up Illinois and Dr. David Loomis of Illinois State University will present information on the total impact to date and future project investments from renewable energy across the state.
With more than $8 billion in private investment spending and 50,000 new jobs projected, Dr. Loomis' presentation will provide important insight for business and educational leaders alike, into how our growing renewables industry will shape the future of the economy across Central Illinois.
McClean County remains the top wind producer in Illinois, collecting over $48 million in property tax payments from wind energy projects since 2007.