Tuesday, June 25, 2019
Hawai'i Free Press

Current Articles | Archives

Tuesday, June 12, 2012
After 40 Years Without a Plan, NELHA Claims Pork is Good for Kona
By News Release @ 4:37 PM :: 5298 Views :: Hawaii County , Akaka Bill, Energy, Environment

After 40 Years Without a Plan, NELHA Claims Pork is Good for Kona

News Release from NELHA

KAILUA KONA, Hawaii, June 12, 2012 /PRNewswire/ -- An analysis of the economic impact of the Natural Energy Laboratory of Hawaii Authority's (NELHA) ocean science and technology park at Keahole Point found that the park is generating a significantly larger impact than previously reported. The Economic Research Organization at the University of Hawaii (UHERO) completed the assessment for NELHA.

Total expenditures from businesses at NELHA were $81.0 million, of which about $50 million was paid to Hawaii entities in 2010. Using type II multipliers from the state's input-output model, UHERO estimated the total economic output to the greater Hawaii economy was $87.7 million, which generated $4.5 million in state tax revenue for 2010.

The analysis also found that NELHA tenants employ hundreds of people and that their expenditures contributed to hundreds of other jobs in the larger Hawaii economy. UHERO's estimate is that NELHA generated 583 jobs in Hawaii last year.

"This data validate the vision and decisions of state policy makers, the legislature and the NELHA's board of directors over the past 30 years to develop and support the technology park," said John DeLong, chairman of the NELHA Board of Directors.

"NELHA's focus on green economic development projects such as renewable energy and ocean science fulfills statewide priorities and complements the visitor industry in West Hawaii," he said. "In this regard, it is important to note that not only were a large number of jobs generated, a significant number of these jobs are in the research and education-related fields and provides a choice for the residents of Hawaii Island."

The UHERO report notes that these types of jobs contribute to Hawaii through investment in human capital and knowledge spillovers are important to Hawaii developing a technology and innovation community.

An important payoff from such research activity is the types of jobs it creates. The report notes that these are highly skilled, highly productive, engaged citizens who benefit the community.

NELHA generates all of its operating revenue and has become self-sufficient in 2010. It receives no state tax dollars to fund its operations.

State government does help support NELHA's capital improvement projects such as roads and pipelines and has funded operating costs in the past. Over the past 10 years, NELHA has received an average of $2 million per year in state support.

According to Dr. Carl Bonham, the executive director of UHERO, "one way to look at the state's return on these expenditures is to consider what the state's investment has provided in terms of the net impact from NELHA. For every dollar of state expenditures on NELHA results in $42.80 of output generated in the Hawaii economy."

"This data shows the importance of our current operations and will be used to guide future growth at HOST Park," said Gregory Barbour, NELHA executive director.

Barbour noted that since much of the basic infrastructure is completed "these numbers will only get better over time."

"Our efforts are now focused on generating new alternative revenue streams while maintaining our mission and increasing the efficiency of our operations to lower costs for businesses that locate in the park," Barbour added.

The economic impact assessment is based on standard empirical research methods. To estimate expenditures, UHERO researchers developed a survey of total expenditures broken down into 11 categories for 2010. Of the 41 surveys sent, 23 were completed. Using survey data, data supplied by NELHA and UHERO estimates, the State of Hawaii's 2007 20 sector input-output (I-O) model was used to determine the economic impact for direct, indirect and induced economic activities by category.

About NELHA: NELHA administers the world's premier energy and ocean technology park. This unique master-permitted park is located on 870 acres of prime coastal property in Kailua-Kona Hawaii and offers research support facilities for the development of renewable energy and other demonstration projects that utilize the unique resources found at the park. It is the world's only facility that continually brings ashore high quality, pristine supplies of both warm surface and cold deep seawater 24 hours a day which allows for various tests to take place with views to reap economic potentials from the dual temperature seawater delivery system and high solar insolation. Tenants located in HOST Park work at the pre-commercial, commercial, research and educational levels. It is the largest diversified economic development project in the State and is solely focused on developing green economic projects. For more information, go to www.nelha.org.

SOURCE NELHA

NELHA AUDIT: 40 Years of Pork Without a Plan

SA: Natural Energy Laboratory's tech park makes $88M impact

WHT: NELHA’s economic impact on Hawaii tops $87 million

Links

TEXT "follow HawaiiFreePress" to 40404

Register to Vote

2aHawaii

808 Silent Majority

808 State Update AM940

ABCDEFG Blog

ACA Signups Hawaii

ACCE

Affordable Hawaii Coalition

ALEC

Alliance Defending Freedom

Aloha Conservative Alliance

Aloha Life Advocates

Aloha Pregnancy Care Center

American Council of Trustees and Alumni

American Mothers of Hawaii

AMVETS-Hawaii

AntiPlanner

Antonio Gramsci Reading List

A Place for Women in Waipio

Audit The Rail

Ballotpedia Hawaii

Better Hawaii 

Blaisdell Memorial Project

Broken Trust

CAFR Hawaii

Castaway Conservative

Children's Alliance Hawaii

Children's Rights Institute

Christian Homeschoolers of Hawaii

Citizens for Recall

Cliff Slater's Second Opinion

Coffee Break

Conservative Forum for Hawaii

CSIS Pacific Forum

DAR Hawaii

DeedySupport.com

DVids Hawaii

E Hana Kakou Kelii Akina

E Māua Ola i Moku o Keawe

Farmers For Choice Hawaii

FIRE

Fix Oahu!

Follow the Money Hawaii

Frank in Hawaii

Front Page Magazine

Frontline: The Fixers

Genetic Literacy Project

Get Off Your Butts!

God, Freedom, America

Grassroot Institute

Habele.org

Hawaii Aganst Assisted Suicide

Hawaii Aquarium Fish Report

Hawaii Aviation Preservation Society

Hawaii Catholic TV

Hawaii Christian Coalition

Hawaii Cigar Association

Hawaii Coalition Against Legalized Gambling

Hawaii ConCon Info

Hawaii Credit Union Watch

Hawaii Crime Victims' Rights

Hawaii Crop Improvement Association

Hawaii Debt Clock

Hawaii Defending Marriage

Hawaii Defense Foundation

Hawaii Families for Educational Choice

Hawaii Family Advocates

Hawaii Family Forum

Hawaii Farmers and Ranchers United

Hawaii Farmer's Daughter

Hawaii Federalist Society

Hawaii Federation of Republican Women

Hawaii Firearm Community

Hawaii Fishermen's Alliance

Hawaii Future Project

Hawaii Gathering of Eagles

Hawaii History Blog

Hawaii Homeschool Association

Hawaii Jihadi Trial

Hawaii March for Life

Hawaii Meth Project

Hawaii's Partnership for Appropriate & Compassionate Care

Hawaii Public Charter School Network

Hawaii Rifle Association

Hawaii Right to Life -- Big Island

Hawaii Right to Life -- Oahu

Hawaii Shield Law Coalition

Hawaii Shippers Council

Hawaii Smokers Alliance

Hawaii State Data Lab

Hawaii Together

Heritage Foundation

HI Coalition Against Legalized Gambling

HIEC.Coop 

HiFiCo

Hiram Fong Papers

Homeschool Legal Defense Hawaii

Honolulu Homeless Crisis

Honolulu Navy League

Honolulu Traffic

Horns of Jericho Blog

House Minority Blog

House Republican Caucus YouTube

HPACC

Hump Day Report

I Vote Hawaii

If Hawaii News

Inouye-Kwock, NYT 1992

Inside the Nature Conservancy

Inverse Condemnation

Investigative Project on Terrorism

Iowa Meets Maui

Jackson v Abercrombie

Jihad Watch

Judgepedia Hawaii

July 4 in Hawaii

Kahle v New Hope

Kakaako Cares

Kau TEA Party

Kauai Co GOP

Keep Hawaii's Heroes

KeyWiki

Land and Power in Hawaii

Legislative Committee Analysis Tool

Lessons in Firearm Education

Lingle Years

Malulani Foundation

Managed Care Matters -- Hawaii

Malama Pregnancy Center of Maui

Mauna Kea Recreational Users Group

MentalIllnessPolicy.org

Middle East Forum--The Legal Project

Mililani Conservatives for Change

Military Home Educators' Network Oahu

Missile Defense Advocacy

MIS Veterans Hawaii

Muslim Brotherhood in America

NAMI Hawaii

NARTH

Natatorium.org

National Christian Foundation Hawaii

National Parents Org Hawaii

National Wind Watch

New Zeal

NFIB Hawaii News

No GMO Means No Aloha

Northwest Economic Policy Seminar

Not Dead Yet, Hawaii

Now What I Really Think

NRA-ILA Hawaii

Oahu Alternative Transport

ObamaCare Abortion Hawaii

Obookiah

OHA Lies

Opt Out Today

OurFutureHawaii.com

Pacific Aviation Museum

Patients Rights Council Hawaii

PEACE Hawaii

People vs Machine

Pritchett Cartoons 

Pro-GMO Hawaii

P.U.E.O.

RailRipoff.com

Rental by Owner Awareness Assn

Republican Party -- Hawaii State

Research Institute for Hawaii USA

Rick Hamada Show

RJ Rummel

Robotics Organizing Committee

Salvage The Rail

Save the Plastic Bag

School Choice in Hawaii

SenatorFong.com

SIFE Remington

SIFE W. Oahu 

Sink the Jones Act

Smart About Marijuana--Hawaii

St Marianne Cope

State Budget Solutions Hawaii

State Policy Network

Statehood for Guam

Tax Foundation of Hawaii

The Harriet Tubman Agenda

The Long War Journal

The Real Hanabusa

Time Out Honolulu

Truth About Trade & Technology - Hawaii

UCC Truths

Union Members Know Your Rights

US Tax Foundation Hawaii Info

Valor in the Pacific

VAREP Honolulu

Waagey.org

West Maui Taxpayers Association

What Natalie Thinks

Whole Life Hawaii

Yes2TMT