In recent years, EIAs have shifted from the assessment of biophysical impacts of proposed developments to include a more rigorous analysis of socio-economic impacts of industrial development on society, culture and stakeholders.
LNG is emerging on the market as an energy source alternative in helping nations improve their air quality while containing GHG emissions.
In this work, we have started focusing on the macro trends that drive the LNG market, and explore the local synergies with an existing industrial complex. Subsequently, we have developed an inspiring socio-economic impact analysis of a new LNG terminal and its complex area of influence characterised by opposed stakeholders interests between local development strategies (focused on tourism and coastal environment) and the existing industrial heritage.
Based on a sound baseline conditions assessment and on the use of the input-output economic model, our paper studies the provisional economic and employment impacts of the LNG project Capex (Capital Expenditure) and Opex (Operating Expense) investments on different sectors of the economy at local and regional scale outlining development opportunities and potential synergies with other businesses. In parallel, with a comprehensive stakeholder analysis, the paper describes the methodology applied to the project for the identification, characterization and management of the relevant key stakeholder for the definition of the stakeholder management plan.
This paperwork describes the socio-economic impact analysis carried out at a very preliminary phase for a new LNG regasification plant project (Project) located in the Tuscany coastal area (Italy).
The study, elaborated during the design and permitting phases, embraces the construction and operational scenarios and considers all the economic and social side effects connected to the core project including the synergies with the existing industrial compounds and the potentially new business opportunities deriving from the project itself or by the presence of the regassification plant.