Energy


Missouri is involved in a wide range of energy-related operations. From the mining and exploration of traditional fuels to the technology and plants that help harness it to the alternative fuels that some day look to replace it, Missouri has seen companies succeed in nearly every aspect of energy production.

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The Energy Cluster Defined

The Energy cluster is defined by industries involved in the generation of energy or the manufacturing of machinery and parts used in the production of energy.

Missouri’s Strengths for Energy

Energy Generation
Energy generation, particularly fossil fuels and hydroelectric generation, represent key export industries in Missouri. These companies have displayed tremendous growth over the past five years and lead the cluster in employment. Ameren Corporation and Kansas City Power & Light are examples of Missouri companies involved in energy generation.

Technology
Other large employers and exporters within the energy segment in Missouri represent the technological core of the cluster. These industries manufacture and design transformers, communication and energy wire, environmental control systems and switchgear apparatus. ABB Power Company, Regal Beloit and Fasco Industries are some of the successful Missouri companies involved in energy technology.

Alternative Energy
Alternative fuel resources from corn (ethanol) and soybean oil (biodiesel) are growing industries in Missouri. The demand for biofuels is driven in part by the Renewable Fuels Standard, which requires that Missouri gasoline contain at least 10 percent ethanol by 2008. Missouri is expected to be a major exporter of biofuels far into the future. Missouri also has a renewable portfolio standard that requires investor owned utilities to obtain 15% of their electricity from renewable sources by 2021.

Mining and Exploration
Mining and Exploration represent an important function within the energy cluster. Coal mining and crude oil exploration are industries found in Missouri. Companies such as Peabody are involved in mining coal. However, Missouri currently has limited traditional energy resources, which places limits on the expansion of these companies.

Key Locations

The Energy cluster employment distribution in Missouri occurs mainly in counties of higher population density. The largest Energy-employing areas are located mainly in St. Louis, Kansas City, Callaway County and Howell County. The highest growth areas include the Kansas City region, Jasper County, the southeast, counties north of St. Louis and the centerline of Missouri running from north to south. Areas of high concentration include central Missouri (north to south), Holt County, the southwest, the southeast and the St. Louis region.

Insights into Missouri Energy 

• The transportation and residential sectors lead state energy consumption.
  
• Nearly 591,000 tons of coal is excavated in Missouri annually.
  
• Rockport, MO was the first 100 percent wind powered community in the US. 
  
• Missouri averages 92,000 barrels of crude oil annually, a value of $4.2 million dollars of sales in 2005.
   

Energy Employment Statistics

Number of Businesses: 78
Number of Jobs: 3,991
Percent of total Missouri Jobs: 0.2%
Average Annual Wage: $81,873