{"409541":{"#nid":"409541","#data":{"type":"news","title":"Georgia Tech Faculty Awarded NSF Grant to Study Study Regional Industry, Economic Resilience and Energy Consumption","body":[{"value":"\u003Cp\u003EThe\u0026nbsp;\u003Ca href=\u0022http:\/\/www.nsf.gov\/\u0022 target=\u0022_blank\u0022\u003ENational Science Foundation\u003C\/a\u003E\u0026nbsp;recently awarded a Georgia Tech team led by\u0026nbsp;School of Economics Assistant Professor\u0026nbsp;\u003Ca href=\u0022http:\/\/www.econ.gatech.edu\/people\/faculty\/cruz_1\u0022 target=\u0022_blank\u0022\u003EJuan Moreno-Cruz\u003C\/a\u003E\u0026nbsp;and\u0026nbsp;BBISS Director\u003Ca href=\u0022http:\/\/www.ce.gatech.edu\/people\/faculty\/581\/overview\u0022\u003E\u0026nbsp;John Crittenden\u003C\/a\u003E\u0026nbsp;a three year,\u003Ca href=\u0022http:\/\/www.nsf.gov\/awardsearch\/showAward?AWD_ID=1510510\u0026amp;HistoricalAwards=false\u0022\u003E\u0026nbsp;$300,000-grant\u003C\/a\u003E\u0026nbsp;to understand how regional economic activities and energy use interact with each other. The project is titled, \u0022Regional Industrial Structure, Economic Resilience and Energy Consumption: Comparative Evaluation, Historical Analysis and Pathway towards a More Sustainable Economy.\u0022\u003C\/p\u003E\u003Cp\u003ECurrent economic models that aim to understand how energy use and efficiency interact within a regional economy are geared towards a broad scale. They also don\u0027t account well for an unintended consequence that crops up when energy efficiency is in play, known as the \u0022rebound effect.\u0022 For example, energy use for lighting, as a percentage of total energy use, tends to increase as lighting technology becomes more efficient. This project will develop a model that introduces adjustments to comprehensively evaluate the economic impact of the rebound effect, as well as tailoring the model to a more regional scale. Understanding energy use and efficiency at a smaller scale will reveal how both energy efficiency and supply shocks affect a region\u0027s economic and energy resilience.\u003C\/p\u003E","summary":null,"format":"limited_html"}],"field_subtitle":"","field_summary":"","field_summary_sentence":[{"value":"Juan Moreno-Cruz and BBISS Director John Crittenden lead three-year study to understand how energy efficiency and supply impact regional economic and energy resilience"}],"uid":"27869","created_gmt":"2015-06-02 11:08:19","changed_gmt":"2016-10-08 03:18:25","author":"Allison Caughey","boilerplate_text":"","field_publication":"","field_article_url":"","dateline":{"date":"2015-06-02T00:00:00-04:00","iso_date":"2015-06-02T00:00:00-04:00","tz":"America\/New_York"},"extras":[],"hg_media":{"409601":{"id":"409601","type":"image","title":"Cruz-Crittenden","body":null,"created":"1449254195","gmt_created":"2015-12-04 18:36:35","changed":"1475895137","gmt_changed":"2016-10-08 02:52:17","alt":"Cruz-Crittenden","file":{"fid":"202233","name":"cruz_crittenden1.jpg","image_path":"\/sites\/default\/files\/images\/cruz_crittenden1_0.jpg","image_full_path":"http:\/\/www.tlwarc.hg.gatech.edu\/\/sites\/default\/files\/images\/cruz_crittenden1_0.jpg","mime":"image\/jpeg","size":80170,"path_740":"http:\/\/www.tlwarc.hg.gatech.edu\/sites\/default\/files\/styles\/740xx_scale\/public\/images\/cruz_crittenden1_0.jpg?itok=J9iDmjhj"}}},"media_ids":["409601"],"groups":[{"id":"1280","name":"Strategic Energy Institute"}],"categories":[{"id":"144","name":"Energy"},{"id":"135","name":"Research"}],"keywords":[{"id":"127621","name":"economic resilience"},{"id":"28721","name":"energy consumption"},{"id":"12244","name":"energy efficiency"},{"id":"479","name":"Green Buzz"},{"id":"362","name":"National Science Foundation"},{"id":"166890","name":"sustainability"}],"core_research_areas":[{"id":"39531","name":"Energy and Sustainable Infrastructure"}],"news_room_topics":[],"event_categories":[],"invited_audience":[],"affiliations":[],"classification":[],"areas_of_expertise":[],"news_and_recent_appearances":[],"phone":[],"contact":[{"value":"\u003Cp\u003EJuan Moreno-Cruz\u003Cbr \/\u003EAsst. Professor, Ivan Allen College\u003Cbr \/\u003ESchool of Economics\u003C\/p\u003E\u003Cp\u003E\u0026nbsp;\u003C\/p\u003E","format":"limited_html"}],"email":["juan.moreno-cruz@econ.gatech.edu"],"slides":[],"orientation":[],"userdata":""}}}