Economic and Workforce Aspects of
EnergyAvailable Resources
Scott Fast
• http://www.colorado.edu/business/sites/default/files/attached-files/2015%20Colorado%20Business%20Economic%20Outlook.pdf
Energy Data – Fossil Fuels• CO ranked 8th for petroleum liquids and 4th for natural gas production.• US Energy Information Agency’s most recent assessment (2012) of proved
reserves
• In Dec 2013, active gas wells totaled more than 18,000 in Colorado.
• CO Oil and Gas Conservation Commission: 4,025 drilling permits were approved in 2013. • 80% of 2014’s permitted wells located in Weld and Garfield counties
• 2013 wells drilled: 1904
• 60% of permits are for horizontal wells with 92% of those in Weld county
Energy & Natural Resources Data – Mining• 20% of coal sold outside of U.S. (2012)
• Coal in 8 counties (Routt #1, Gunnison #2)
• Aggregate: $700 million
• Molybdenum: $500 million
• Gold: $400 million
Energy Data – Renewables• 16.7% of electricity (2013) – almost all wind energy
• Average wind farm – 300 construction jobs to build, 25 to operate
• 48 hydroelectric generating stations produce 2.4% of CO electricity
www.colorado.gov/pacific/cwdc/colorado-talent-pipeline-report
Central Region Employment
www.sectorssummit.com/regional-data-profiles/
Eastern Region Employment
Northwestern Region Employment
www.sectorssummit.com/regional-data-profiles/
Southern Region Employment
www.sectorssummit.com/regional-data-profiles/
Western Region Employment
www.sectorssummit.com/regional-data-profiles/
College in Colorado www.collegeincolorado.org
Top Related