The main goal of this study is to estimate the community-wide economic and environmental impacts of energy efficiency investment on the local manufacturing using data with different granularity. A systematic framework is developed by using multiple scale/layer of data. Result shows that a $14M investment in HVAC upgrade to reduce energy and cost in the economy of the Montgomery County, Ohio can result in a total local economic impact of $22M, stemming from the $14.5M coming from direct impact, $2.8M coming from indirect impact, and $4.7M coming from induced impacts. Job creation over the investment period yields a total of 106 jobs. Analysis provides insight into the most important types of economic effects to the local industries. From an environmental perspective, short term economy-wide carbon dioxide emissions increase because of the increased community-wide economic activities spurred by the production from local manufacturers and installation of energy efficiency measures, however the resulting energy savings provide continuous carbon dioxide reduction for various target savings.
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ASME 2015 International Design Engineering Technical Conferences and Computers and Information in Engineering Conference
August 2–5, 2015
Boston, Massachusetts, USA
Conference Sponsors:
- Design Engineering Division
- Computers and Information in Engineering Division
ISBN:
978-0-7918-5711-3
PROCEEDINGS PAPER
Economic and Environmental Impacts of Energy Efficiency Investment on Local Manufacturers
Kevin Hallinan,
Kevin Hallinan
University of Dayton, Dayton, OH
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Kelly Kissock,
Kelly Kissock
University of Dayton, Dayton, OH
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Robert Brecha
Robert Brecha
University of Dayton, Dayton, OH
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Jun-Ki Choi
University of Dayton, Dayton, OH
Kevin Hallinan
University of Dayton, Dayton, OH
Kelly Kissock
University of Dayton, Dayton, OH
Robert Brecha
University of Dayton, Dayton, OH
Paper No:
DETC2015-46180, V004T05A022; 7 pages
Published Online:
January 19, 2016
Citation
Choi, J, Hallinan, K, Kissock, K, & Brecha, R. "Economic and Environmental Impacts of Energy Efficiency Investment on Local Manufacturers." Proceedings of the ASME 2015 International Design Engineering Technical Conferences and Computers and Information in Engineering Conference. Volume 4: 20th Design for Manufacturing and the Life Cycle Conference; 9th International Conference on Micro- and Nanosystems. Boston, Massachusetts, USA. August 2–5, 2015. V004T05A022. ASME. https://doi.org/10.1115/DETC2015-46180
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