Economic impacts from Indiana’s first 1,000 megawatts of wind power
National Renewable Energy Laboratory, US Department of Energy, August 2014.
The magnitude of Indiana’s available wind resource indicates that the development of wind power infrastructure has the potential to support millions of dollars of economic activity in the state. The Jobs and Economic Development Impact (JEDI) models, developed by NREL, are tools used to estimate some of the economic impacts of energy projects at the state level. According to this analysis, the first 1,000 megawatts of wind power development in Indiana (projects built between 2008 and 2011):
- Supported employment totaling more than 4,400 full-time-equivalent jobs in Indiana during the construction periods
- Supports approximately 260 ongoing Indiana jobs
- Supported nearly $570 million in economic activity for Indiana during the construction periods
- Supported and continues to support nearly $40 million in annual Indiana economic activity during the operating periods
- Generates more than $8 million in annual property taxes
- Generates nearly $4 million annually in income for Indiana landowners who lease their land for wind energy projects.