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Projects

UW School of Energy Resources (CORE-CM)

Project Lead(s): Daniel Cooley & Christelle Khalaf Ongoing Project

Contributor(s): Angela Ture & Sruta Mukherjee

The CBEA is supporting the School of Energy Resources (SER) at UW which is leading a coalition team that includes the Colorado Geological Survey, Colorado School of Mines, Los Alamos National Labs, local community colleges, and other experts with the goal of designing an economically viable Carbon Ore, Rare Earth, and Critical Minerals (CORE-CM) industry in the Greater Green River Basin and Wind River Basin (GGRB-WRB). This project's Principal Investigator is Davin Bagdonas. More information can be found in this press release.


Casper Shooting Complex

Project Lead(s): Alexander SpechtOngoing Project

Contributor(s): Dallas McWhorter

 

The Center for Business and Economic Analysis (CBEA) at the University of Wyoming examines the potential economic impact of locating the forthcoming Wyoming Shooting Complex in Casper, Wyoming.  The planned Wyoming Shooter’s Complex will compete nationally and internationally for shooting tournaments that will be hosted in the state of Wyoming. 


 

Return-on-Investment (ROI) for the Wyoming Innovation Partnership (WIP) Initiative

Project Lead(s): David Aadland & Anders Van SandtOngoing Project

 

 

The Center for Business and Economic Analysis (CBEA) at the University of Wyoming will estimate the ROI for the WIP initiative using both short- and long-term metrics.


Gap Analysis for the Wyoming Quantum Economy

 

Project Lead(s): Alexander Specht & Nida ZafarOngoing Project

Contributor(s): Dallas McWhorter

 

The Center for Business and Economic Analysis (CBEA) at the University of Wyoming (UWyo) will produce a capabilities analysis of Wyoming’s quantum economy. The analysis will involve a survey of the current state of the infrastructure and workforce available for the quantum economy in Wyoming.


Economic and Demographic Data Analysis for Forward Cody

 

Project Lead(s): Alexander SpechtOngoing Project

Contributor(s): Kamely Fatema

 

The Center for Business and Economic Analysis (CBEA) at the University of Wyoming (UWyo) will compile data and trends of the Cody area economy.


Manufacturing Works:  Gap Analysis for Wyoming's Nuclear Industry

 

Project Lead(s): Alexander SpechtOngoing Project

Contributor(s): Jacob Kirby

 

The Center for Business and Economic Analysis (CBEA) at the University of Wyoming (UWyo) will produce a report that conducts an analysis of Wyoming’s manufacturing industry/supply chain focusing on a new microreactor supply chain.


UW Financial Planning Project

 

Project Lead(s): Anne Alexander Ongoing Project

Contributor(s): Andrew Wright

 

In this report, the Center for Business and Economic Analysis (CBEA) at the University of Wyoming will produce a financial planning model and report for the University of Wyoming.


Cowboy Clean Fuels:  Economic Analysis for the Sugar Beet Industry

 

Project Lead(s): Chris Bastian, Tex Taylor & Brian LeeOngoing Project

 

In this report, the Center for Business and Economic Analysis (CBEA) at the University of Wyoming will produce a report that examines the economics of the sugar beet industry. This analysis will focus on a production and market assessment of the sugar beet industry in Wyoming and the surrounding region.


Grid United

 

Project Lead(s): Alexander Specht & Daniel Cooley Ongoing Project

Contributor(s): Dallas McWhorter

 

In this report, the Center for Business and Economic Analysis (CBEA) at the University of Wyoming examines the economic impact of Grid United’s Wyoming Intertie High Voltage Transmission Line.

 


Wind Cost Study

Project Lead(s): Rob Godby, Benjamin Cook, Morgan Holland & Tyler KjorstadCompleted

 

 

CBEA researchers develop a detailed model describing the financial structure of typical utility-scale wind development to determine how changes in local and state policies concerning wind energy affect developers’ costs across the states in the Western Electricity Coordinating Council (WECC) region.


 

Wyoming Prevailing Wage 2023

Project Lead(s): Rob GodbyCompleted

Contributor(s): Jacob Kirby & Kamely Fatema

 

The CBEA provides a determination of the 2023 Prevailing Heavy/Highway and Building Construction Wages in the State of Wyoming. The project includes administering online and print surveys as well as calculating wages using methodologies consistent with State statutes.


Fremont County’s 2021-2023 Retail Sales Tax

 

Project Lead(s): Alexander SpechtCompleted

Contributor(s): Dallas McWhorter

 

In this report, the Center for Business and Economic Analysis (CBEA) at the University of Wyoming examines the current economic impact of the 2021-2023 retail sales tax for economic development in Fremont County. In addition, the report will provide a projection of the continuing economic impact if the sales tax were to remain in place.


Williams’ MountainWest Overthrust Pipeline Expansion Project

 

Project Lead(s): Alexander Specht Completed

Contributor(s): Dallas McWhorter

 

In this report, the Center for Business and Economic Analysis (CBEA) at the University of Wyoming examines the potential economic impact of Williams’ MountainWest Overthrust Pipeline expansion project in Southwest Wyoming.

Market Analysis for Rare Earth Elements

 

Project Lead(s): Paul Bonifas Completed

Contributor(s): Tyler Brown & Chuck Mason

The CBEA will produce a report that examines the domestic and international market outlook for rare earth elements as it relates to Rare Element Resource’s Bear Lodge Project.

 


North Platte River Park No. 2 Subdivision

 

Project Lead(s): Alexander Specht & Morgan HollandCompleted

Contributor(s): Dallas McWhorter

In this report, the Center for Business and Economic Analysis (CBEA) at the University of Wyoming examines the potential economic impact of private development within the North Platte River Park No. 2 Subdivision.

View Report


SparkTank

 

Project Lead(s): David Aadland & Rob Godby Completed

Contributor(s): Sruta Mukherjee

The CBEA will investigate the economic impact of UW’s SparkTank program. SparkTank is the University of Wyoming Ethics Club’s philanthropic campaign to support local nonprofits.


Project West

 

Project Lead(s): Morgan Holland & Kara Fornstrom Completed

Contributor(s): Sruta Mukherjee

The CBEA will analyze data provided by Project West’s new greenfield soda ash project to determine the economic impact to Wyoming’s economy. In addition, the CBEA will research regulatory constraints and considerations pertinent to Project West to inform models of regulatory delay.


Cowboy Clean Fuels

 

Project Lead(s): Morgan Holland Completed

 

The CBEA will determine the economic impact of Cowboy Clean Fuels' future operations on Wyoming's economy.


Wind Cost Study

 
Project Lead(s): Rob Godby, Ben Cook, Morgan Holland & Tyler Kjorstad Completed

Cheyenne Mayor's Office

 

Project Lead(s): David Aadland & Anders Van Sandt Completed

Contributor(s): Steven Nevels

The CBEA conducted an analysis of providing municipal water to housing developments in Laramie County.


Manufacturing Works

 

Project Lead(s): David Aadland Completed

Contributor(s): Sruta Mukherjee

The CBEA is undertaking a traditional economic contribution analysis for the state’s manufacturing sector. The contribution to the economy is measured in terms of jobs added, employee compensation, value added, total output, and tax revenue generated. The results include the direct effects of the firms, as well as the multiplier effects of business-to-business spending.


Wyoming Rural Electric Cooperative

 

Project Lead(s): David Aadland Completed

Contributor(s): Steven Nevels

The CBEA is undertaking a traditional economic contribution analysis for Wyoming’s rural electric association. The contribution to the economy is measured in terms of jobs added, employee compensation, value added, total output, and tax revenue generated. The results include the direct effects of the rural electric cooperatives, as well as the multiplier effects of business-to-business and household-to-business spending.


Cheyenne LEADS

 

Project Lead(s): Christelle Khalaf & Elijah Bryant Completed

Economic development incentives are used to encourage activity or economic investment that might not otherwise take place. This analysis evaluates one such economic development incentive in Laramie County, Wyoming: the use of free and discounted land to facilitate job creation and retention. At the request of Cheyenne LEADS, a non- profit organization housed in Laramie County that offers this incentive, the CBEA conducted an analysis to assess the return-on-investment (ROI) of providing free and discounted land.

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Wyoming Hospitals and Nursing Homes

 

Project Lead(s): Dave Aadland Completed

The Center for Business and Economic Analysis (CBEA) at the University of Wyoming plans to produce a report that examines the economic impacts of hospitals and nursing homes in Wyoming. This analysis will focus on the impact of operations, construction, and visitor spending. It will consist of an estimated impact of these activities on regional economic output, employment, and labor income at the institution, county, and state levels. In addition, the analysis will estimate the local and state fiscal impacts of these activities.


Newcastle, WY Community Park

 

Project Lead(s): Dave Aadland Completed

Contributor(s): Sruta Mukherjee& Elijah Bryant

The Center for Business and Economic Analysis (CBEA) at University of Wyoming will produce a report that examines the regional economic impact from construction and operation of the proposed Newcastle, WY Heritage Park.


UW School of Energy Resources (Wind)

 

Project Lead(s): Christelle Khalaf Completed

Contributor(s): Sruta Mukherjee & Kiptia Lima

The CBEA is measuring the economic impacts of wind energy projects in Wyoming. The project includes an examination of the differences in permitting requirements and timelines across land and project type and how these differences interact with the economic and fiscal impacts realized in the state.

View Report


Department of Energy (Lithium)

 

Project Lead(s): Christelle Khalaf Completed

The CBEA is providing a Techno-Economic Analysis of a lithium extraction process that plans to use membrane substrates to produce an energy efficient, cost-effective, and easy-to-scale module to directly extract lithium from the Salton Sea. This project is funded by the U.S. Department of Energy and the Principal Investigator is Katie Li- Oakey.


Backcountry Discovery Routes

 

Project Lead(s): Christelle Khalaf Completed

Contributor(s): Sruta Mukherjee & Kiptia Lima

The CBEA will examine the economic impact from visitor spending of motorcyclists traveling on off-highway routes. The project involves surveying 40,000 riders on BDR’s mailing list and then using the revealed spending patterns to model the economic impact in the following states: Arizona, California, Colorado, Idaho, Maine, Maryland, Massachusetts, Nevada, New Hampshire, New Mexico, New York, North Carolina, Pennsylvania, Utah, Vermont, Virginia, Washington, and West Virginia. In addition, the CBEA will use hypothetical visitor scenarios to model the economic impact from new routes in California, Oregon, and Wyoming.


WY State Parks & Cultural Division

 

Project Lead(s): Dave Aadland & Roger Coupal Completed

Contributor(s): Elijah Bryant

We analyze the economic impact of Wyoming State Parks, Historic Sites and Cultural Resources (SPHSCR) from 2010 to 2019. The last economic impact analysis was conducted in 2010, analyzing data from 2009, with a value- added estimate of $47.4 million for visitation to state parks and historic sites. This report shows the impact over the last decade (2010-2019) and provides an annual snapshot from 2019. The report includes a traditional economic impact analysis, calculating the economic impact of SPHSCR by measuring the re-spending effects of non- residents coming to Wyoming to recreate within the SPHSCR system and spending money in the local economies. The report also includes an economic analysis of resident spending on state parks and historical sites, as well as an economic analysis of Wyoming’s cultural resources using U.S. Bureau of Economic Analysis data.


U.S. Gold Corp.

 

Project Lead(s): Brad Boyles Completed

This analysis will focus on the impact of the project’s construction phase and subsequent operation phase. It will consist of an estimated impact of these activities on economic output, employment, and labor income in Laramie County as well as the State of Wyoming. In addition, the analysis will estimate the local/state and federal fiscal impacts of these activities.


Wyoming Nonprofit Network

 

Project Lead(s): Christelle Khalaf Completed

Contributor(s): Brad Boyles & Anders Van Sandt

The CBEA is examining the contribution of the nonprofit sector to the State of Wyoming. The purpose of this project is to quantify the benefits that accrue to the economy and communities served by nonprofit organizations in the state.


Cheyenne Light, Fuel and Power Company

Project Lead(s): Christelle Khalaf Completed

This analysis will focus on the impact of the project’s construction phase and subsequent operation phase. It will consist of an estimated impact of these activities on economic output, employment, and labor income in four Wyoming Counties: Albany, Converse, Laramie, and Goshen. In addition, the analysis will estimate the local/state and federal fiscal impacts of these activities.


Pilot Hill

 

Project Lead(s): Dave Aadland & Christelle Khalaf Completed

Contributor(s): Irene Zapata Morán & Kiptia Lima

This project models the economic impacts of hypothetical visitor scenarios and surveys households to estimate the valuation of different Pilot Hill attributes through hypothetical choice experiments.

View Report


UW School of Energy Resources (Energy Focused Applied Research)

 

Project Lead(s): Ben Cook Completed

The CBEA is developing the necessary data models and methodology necessary to conduct the energy portfolio “economic impact assessments” that have been flagged as a critical component of future Integrated Resource Plan (IRP) filings to the Wyoming Public Service Commission (PSC).


WyoTech

 

Project Lead(s): Christelle Khalaf Completed

The CBEA is modeling the economic impact of WyoTech. This analysis will focus on the impact of WyoTech’s operations, construction, student, and visitor spending for FY 2020, FY 2025, and FY 2030. The analysis will demonstrate the estimated direct, indirect, and induced impacts of these activities on regional economic output, employment, value added, and labor income. The analysis will also estimate the local/state and federal fiscal impacts of these activities.


Wyoming Business Council

 

Project Lead(s): Dave Aadland Completed

Contributor(s): Bethany King

The CBEA conducted two analyses for the Wyoming Business Council (WBC). In the first, the CBEA performed an econometric analysis of Wyoming’s economy. The study contained three types of analyses: (1) an overview of Wyoming’s economy, both historically and currently; (2) an analysis of Wyoming’s economy that controls for variation in the energy sector; and (3) correlation of Wyoming’s economy with investments made by the WBC. In the second project, the CBEA created an amenity index for 23 of the most populous cities in Wyoming to help the WBC strategically invest in community amenities. The index is composed of two parts: 1) a survey that asks individuals which amenities are most important in the decision of where to live, and 2) an inventory of outdoor and urban amenities in each of the 23 communities.


Pace-O-Matic

 

Project Lead(s): Dave Aadland Completed

Contributor(s): Connor Magnuson

The CBEA estimated the economic impact of Pace-O-Matic electronic “games of skill” in Wyoming. The economic impact (i.e., direct, indirect and induced effects, as well as employment gains) of such games is estimated based on 2019 and 2020 revenue data, predicted out to the year 2029 using county-by-county population projections and Pace-O-Matic growth scenarios.


Laramie Jubilee Days

 

Project Lead(s): Dave Aadland Completed

Contributor(s): Marshall McFarland & Sienna Trujillo

Laramie Jubilee Days started in 1940 and has been running for 78 years as a celebration of Wyoming statehood and our local community. The CBEA surveyed Laramie businesses across a variety of industry classifications and found that generally they indicated a positive attitude regarding Laramie Jubilee Days, both in terms of economic stimulus and community identity.


UW INBRE

 

Project Lead(s): Dave Aadland Completed

This analysis estimated the economic impacts of the NIH/INBRE funding received by the University of Wyoming over the period 2004-2017. Standard economic impact analysis is applied using regional economic expenditure multipliers. The project also highlights positive impacts from INBRE funding, such as economic diversification and human capital accumulation, which are more difficult to quantify.


 
 
 
 
 
 






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