The Impact Of Electrical Co-Generation On The Oklahoma Economy

Abstract

Using input-output analysis, this paper estimates the impact of electricity co-generation on the Oklahoma economy, assuming alternative electricity growth rates and co-generation capacity. The impact is affected by co-generation operation, utility operation, co-generation construction, utility construction, and electricity rate changes. This study indicates that co-generation can have a beneficial impact on output, earnings, employment and taxes with a rapid electricity demand growth scenario and a detrimental impact with slower growth.