Evaluating the effects of a low-carbon energy transition on existing U.S. fossil energy communities
On-going efforts and the growing movement to transition from our current energy systems towards low-carbon and renewable sources have uncovered a range of challenges and concerns communities may face under this transition. An understanding of the current relationships and dynamics within communities can offer critical insights that stakeholders, as well as decision and policy makers can use to better support and affect the outcome of these transitions. To support this need, the National Energy Technology Laboratory has been developing a data-driven framework to aid in the characterization of fossil energy communities across the U.S. and offer insights to comprehensively address energy transaction concerns by different stakeholder groups and various stages associated with a low-carbon energy system. This presentation will offer details on our current work to integrate multiple environmental, social, and economic data variables, as well as key trends and insights that are being used to characterize these communities at a local and regional scale. These insights will be used to evaluate with alternative opportunities, including, but not limited to, hydrogen, rare earth elements and critical minerals, and energy storage, that could be aid in the transition for these communities from conventional energy resources.