NREL’s Economic Impact Tops $872 Million

By (Wayne Hicks)

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News Release NR-2515

University of Colorado researchers quantify benefits of national laboratory dedicated to clean energy

June 4, 2015

The economic impact of the Energy Department’s National Renewable Energy Laboratory (NREL) was $872.3 million nationwide in fiscal year 2014, according to a study by the University of Colorado Boulder’s Leeds School of Business.

The study estimates NREL’s impact to Colorado’s economy totaled $701 million, a decline of 1.6 percent from the prior year. The slight year-over-year drop was largely attributed to a decline in major construction spending that came as NREL completed the planned build-out of its sustainable campus.

Jefferson County, where the largest concentration …read more

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