Energy Impact on Wyoming Economy Study

The Wyoming Energy Authority (WEA) is soliciting proposals for a comprehensive economic impact study of the energy industry in the state. This initiative is mandated by the Wyoming State Legislature via Senate Enrolled Act 43, with the aim of equipping policymakers with detailed insights into the role of energy in Wyoming's economy. The study will assess both traditional fossil fuel sectors and emerging renewable energy industries, helping the state chart a strategic path forward in energy policy and investment. The primary objectives include quantifying the direct and indirect economic contributions of energy production, benchmarking Wyoming’s energy output against other states and nations, and examining employment data, tax revenue contributions, and innovations from Wyoming-based producers. A critical component also includes evaluation of the Energy Matching Funds program’s impact on local economic development. Additional analysis will explore historical data trends, regulatory and incentive frameworks, and both tangible and intangible benefits delivered by the sector. The grant is open to a wide range of applicants, including individuals, public and private universities, government entities, research institutions, and private industry with the capacity to conduct a study of this magnitude. Coordination with Wyoming academic and governmental institutions is required, including collaboration with entities such as the University of Wyoming, the Wyoming Business Council, and state regulatory and geological agencies. Applicants must submit proposals via the designated website before the April 2, 2025, deadline. A complete application must include a detailed scope of work and a line-item budget covering all aspects of the project. Costs incurred prior to the execution of a funding agreement will not be reimbursed. The final report must be submitted by September 1, 2025, and will include both a full technical report and a public-facing executive summary. This summary will be made publicly accessible on the WEA website and presented to the agency staff. All proposals are subject to review and approval by the WEA Board of Directors. Selected recipients will enter into a formal funding agreement outlining disbursement terms, intellectual property rights, and reporting obligations. All contractors involved must provide appropriate bonding. The project is not recurring and is tied specifically to a legislative directive. Questions regarding the RFP can be directed to Brayden Connour, Director of Investments, via email.

Emphasize collaboration with Wyoming agencies; align with SEA 43 goals; ensure clarity in executive report