GPCC President and CEO and CEO Council for Growth Chairman Rob Wonderling and CEO Council member Phil Rinaldi talk about what it would mean for Philadelphia to become an energy hub in a recent Region’s Business article.

The article’s text is below:

 

By Lindsey Getz

On December 5, a summit entitled Greater Philadelphia: The Next Energy Hub was held at Drexel University and furthered the already intense dialogue going on about the City’s energy future. Of course, talk about Philadelphia’s future as an energy hub is nothing new. The discussion of the City adopting a natural-gas powered economy and potentially burgeoning an industrial revival has been going on for a year — maybe longer. But, with corporate interests announcing support and events such as this recent summit pushing things forward, it’s creating the possibility that this is no longer just talk.

According to reports from invited attendees, many at the Drexel Energy Hub summit believe that creating an energy hub for Greater Philadelphia is a great opportunity — one that should be acted on immediately. Those in favor cite not only lower energy costs but a boost to the economy, the creation of new jobs and simply increasing the overall desirability of the region. Rob Wonderling, President and CEO of the Greater Philadelphia Chamber of Commerce says that the concept of an energy hub certainly means more than access to an abundant supply of low-cost energy.

“It is beneficial to manufacturing growth, which in turn grows engineering jobs, technical jobs, and professional and financial jobs… good, family-sustaining jobs,” he says. “In turn, we’ll see a migration of activity from New York and the Gulf region all coming to this growing ecosystem centered around Greater Philadelphia as the strategic location in the Northeast United States.”

More manufacturing

Philip Rinaldi, Chief Executive of Philadelphia Energy Solutions, the South Philadelphia refinery formerly operated by Sunoco, compares these events in motion to the confluence of the Allegany and Monogahela Rivers as they nurtured the steel industry over a century ago. “Today in Philadelphia, it is the confluence of popular demand for creating a jobs-based