Renewable Energy: A Rural Economic Development Strategy CCAO/CEAO/OSU Extension Meeting
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EMPOWERMENT THROUGH EDUCATION Renewable Energy: A Rural Economic Development Strategy CCAO/CEAO/OSU Extension Meeting Nancy Bowen, OSU Extension, Van Wert County Myra Moss, OSU Extension, Specialist Eric Romich, OSU Extension, Wyandot County
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Renewable Energy: A Rural Economic Development Strategy CCAO/CEAO/OSU Extension Meeting Nancy Bowen, OSU Extension, Van Wert County Myra Moss, OSU Extension, Specialist Eric Romich, OSU Extension, Wyandot County. Presentation Objectives. What is renewable energy? - PowerPoint PPT Presentation
Transcript of Renewable Energy: A Rural Economic Development Strategy CCAO/CEAO/OSU Extension Meeting
EMPOWERMENT THROUGH EDUCATION
Renewable Energy: A Rural Economic Development Strategy
CCAO/CEAO/OSU Extension Meeting
Nancy Bowen, OSU Extension, Van Wert CountyMyra Moss, OSU Extension, Specialist
Eric Romich, OSU Extension, Wyandot County
Presentation Objectives
• What is renewable energy?
• What are the community benefits?
• What support is out there?
• How does your County exploit this opportunity?
Energy Demand is Growing
“At present, the world’s population consumes
about 15 terawatts of power. That translates into
a business worth $6 trillion a year- about a tenth
of the world’s economic output…by 2050, power
consumption is likely to have risen to 30
terawatts.” The Power and the Glory
The Economist, June 21, 2008
Renewable Energy
• Energy generated from natural resources such as sunlight, rain, tides, wave action, biomass,ocean thermal and geothermal, which are naturally replenished (renewable).
Energy Information Administration
Types of Renewables
• Wind
• Solar
• Biomass
Benefits for Rural Counties
• Compatible with agriculture
• Future growth of industry
• Economic diversification & potential for industry clusters
• Build wealth through tax revenues and landowner payments
• Job creation
Location Factors
Land availability
Access to Infrastructure
Access to raw materials and environmental factors
Community Support
New Federal Legislation
At the Federal Level:
– Recovery Act
– 2008 Farm Bill • Bio-based assistance • Rural energy
New State Legislation
At the State of Ohio Level:
– SB 221• 3rd most aggressive renewable policy• 25% by 2025
Local Legislation
Tax Implications at the county/local level:
– Current Agricultural Use Value (CAUV) Impact on Wind Impact on Solar
--Public Tangible Utility Tax EZ zone agreement
Preparing Community through Sustainability Approach
• Discover community’s vision
• Balance social and environmental
concerns with economic benefits
• Engage residents in planning from start
• Address concerns and issues
What Help can OSU Extension Provide?
• Presentations to Community
• Consultation
• Educational Materials
Questions?
Contact Information:
Nancy BowenCommunity Economic Development Educator
Ohio State University Extension, Van Wert County 419-238-2999
Myra Moss
Community Development Specialist
Ohio State University Extension
www.sustainabledevelpment.osu.edu
Eric RomichCommunity Economic Development Educator
Ohio State University Extension, Wyandot County 419-294-5879
