We read about the Midland Development Corp. wanting to get involved in the financing or "at least the coordination of a Center for Energy Innovation & Commercialization on the north side of town."
And well, we have mixed reviews for what we have seen so far.
Getting involved in energy innovation and research opportunities? We believe is the right path for the MDC and our economic development dollars. Anything to expand our community's expertise in energy. As an editorial in Wednesday's edition says, "After all, there is no region in the United States that understands energy strategies than the Permian Basin. It makes sense this area should take the lead in creating, developing and researching new energy innovations.
"If we move in this direction, the Midland-Odessa area could remain the energy epi-center of this region. There should be no reason why we can’t harvest the best energy minds in the world to be the leader in such energy advancements. The proposed center would at least initially enable researchers to advance energy technology. That leaves a lot of leeway for the true purpose of such a center."
However, we do believe the MDC should stay out of the construction business. At this point, it doesn't make sense. Let the private industry lead the way and provide whatever support needed.
Having written that if the MDC is going to get into center creating business, maybe we could do something better than build another Center for Energy and Economic Diversification (CEED). Maybe the MDC could put money into adding to the CEED already in place. Doing so:
- You already have a partner with ties to energy projects around the Basin (UTPB).
- You add to what is already a strength and avoid duplication of efforts.
- It would be built in an MDC identified opportunity zone (along 1788 and 191) and inside Midland city limits.
- Should Midland College be on board you partner the two premier academic institutions (something we believe is a great thing)
- It could be seen as another attempt to partner with Odessa, something we believe is always a good thing.
I imagine there would be hoops to jump through when partnering with the UT system. My MDC friends may even respond and tell me such a partnership is not possible. However if it is, isn't it worth exploring?
Tags: mdc
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