New Brattle Report Outlines the Economic Impacts of Establishing the Crane Clean Energy Center (CCEC)
Prepared for the Pennsylvania State Building & Construction Trades Council
A Brattle team has prepared a report for the Pennsylvania State Building & Construction Trades Council outlining the economic and power sector impacts of establishing the Crane Clean Energy Center (CCEC).
The authors found that 20 years of CCEC operations would add $16 billion in state GDP and 3,400 new jobs in Pennsylvania. CCEC is also estimated to add $3.6 billion in state and federal tax revenue during the 20-year period. In terms of power sector impacts, the authors found that 20 years of CCEC operations would lower carbon emissions by over 61 million metric tons (MMT), offer flexibility in meeting clean energy goals, and provide additional firm supply to meet increasing electricity demand in Pennsylvania and PJM.
The full report, “Economic Impacts of Establishing the Crane Clean Energy Center (CCEC),” is available below.
