Colorado Springs Faces Big Hurdles in Renewables
Competition in the renewable energy sector is increasingly intense and many cities are far ahead of Colorado Springs, posing huge hurdles in the region’s effort to gain a foothold in the market.
By Becky Hurley
That’s the clear-eyed conclusion of a UCCS study published recently by Dr. Fred Crowley’s MBA class.
The class, which generated a 226-page assessment of the region’s odds of success in the field, said the area is lacking many of the critical resources — manufacturing facilities, rail service, alternative or biofuel sources, wind or sunshine — necessary to power large solar arrays or wind farms that feed the nation’s grid systems.
Areas that enter the field later rather than sooner — as Colorado Springs is now doing — will have fewer chances to create significant job growth and economic wealth in the field, their report said.
The Pikes Peak region’s best bet: capitalizing on its intellectual capital and technical know-how to get new energy sources to market.
Crowley hopes those in economic development, including the fledging Operation 6035 team, will heed his class’ recommendations.
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