Posted on May 12th, 2015 by

It’s tough to do business without affordable, reliable electricity. We’ve heard more and more businesses and opinion leaders make this point, urging New England to address these energy challenges before they further harm the region’s economic competitiveness.

Across the region, there is a desire to invest in various kinds of energy infrastructure. There is now a clear consensus that new and diverse energy sources will help alleviate this critical issue – and deliver a potential host of other benefits. From jobs and tax revenue to carbon reduction and reliability, building a strong energy economy is central to maintaining a strong overall economy.energy jobs

 

Paul Markwardt: More energy needed to power NH
New Hampshire Union Leader, 9 May 2015

“…the undeniable fact is that without a major focus on bringing more power supply to the grid, the cost of electricity – essentially, the cost of doing business – will continue to increase, harming the competitiveness of New Hampshire businesses in U.S. and global markets.”

Charles M. Arlinghaus: New Hampshire is being ruined by too many BANANAS
New Hampshire Union Leader, 5 May 2015

“Slowly but surely the dynamism that used to be our job market has turned to stagnation. Mediocre job growth means people don’t move here much, younger people can’t stay even if they want to, and too many Granite Staters have to work in Boston or some other place at the end of a horrific commute. . . And the biggest hole in our competitive armor is electricity.”

Solar installation firm to open second NH office
New Hampshire Business Review, 4 May 2015

“The new office reflects the increased competition and growth of the solar energy industry in New Hampshire. Last week, SolarCity, the nation’s largest installer of residential solar energy systems, said it would soon be opening an office in Manchester and hiring as many as 100 people.”

Transmission line upgrades would add jobs, tax revenue, study finds
Albany Times Union, 6 May 2015

“Transmission line upgrades by National Grid would add $20 million to the tax base in the Capital Region and lead to 264 new permanent jobs locally, according to a new study commissioned by the utility.”

Maine wind energy advocates unveil study touting industry’s benefits
Bangor Daily News, 5 May 2015

“Among other things, the study found carbon dioxide emissions in 2013 decreased by 490,000 tons because of wind-generated power from Maine. According to Payne, that’s the equivalent to the pollution from 94,000 Maine automobiles.”

View: Nuclear energy faces market crunch
Lower Hudson, 5 May 2015

“Nuclear energy plants in New York also employ more than 3,440 highly skilled employees with an annual payroll of $274 million. They contribute more than $55 million in state and local taxes, and are critical to the economic livelihood of communities across the state.”

NH moves up to 21st in magazine’s ‘Best & Worst States for Business’ list
New Hampshire Union Leader, 10 May 2015

“Jim Roche, president of the state’s Business and Industry Association, noted that energy costs were not a factor in the rankings. . . ‘If they were, our ranking would very likely be much worse,’ he said. ‘New England businesses and residents paid $2 billion more for electricity during the winter just ended than we did during the winter of 2011-12, a more normal winter with a balanced supply of energy to meet demand.’”


Posted on May 12th, 2015 by

Posted In: Energy Brief, Jobs