Wind energy to contribute billions to the state of Illinois


Wind energy to contribute billions to the state of Illinois

wind energy

 
A wind study conducted by Illinois State University’s Center for Renewable Energy shows that wind energy will contribute billions to the Illinois economy.
 
The recent findings of the study were announced by the Center’s Director, David Loomis at the Illinois Renewable Energy Conference this past week in Normal.
 
Loomis said:
 
“Wind energy has played an increasingly important part in the state’s energy mix resulting in numerous economic development benefits. Decision-makers need to be well-informed about these benefits so that they consider all of the factors when deciding on future wind projects.”
 
“State energy policy will be key to Illinois’ wind energy future. Current legislative proposals could fix the state’s renewable portfolio standard and increase the percentage of our electricity coming from renewable energy.”
 
Currently, the 25 largest wind farms in the state contribute $30.4 million in annual property taxes for their local communities and $13.86 million in supplemental income for landowners and farmers who lease their land to wind developers. Additionally, roughly 1000 permanent jobs have been created in the state thanks to the wind industry.
 
Although the state is currently ranked fifth in wind energy productions, the U.S. Department of Energy reports that Illinois has the ability to become the second largest contributor in the US by 2050. However, to become the second largest contributor, the state would need to multiply their current capacity by 10 fold.
 

Posted By Sally on July 28, 2016 | 0 Comment

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