2007 Concentrating Solar Power USA DOE

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2007 Concentrating Solar Power USA DOE ( 2007-concentrating-solar-power-usa-doe )

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Nevada Economic Study This study was done to help the State of Nevada estimate the economic impact of building CSP plants. It found that if ten 100 MW plants were built in Nevada over an 11- year period, the following benefits could be expected: 58 • An initial employment increase of 3,830 jobs, rising to a peak of 6,940 jobs during construction, with nearly 2,000 permanent jobs for the operation and maintenance of the plants59 (see Figure 5) • Total personal income increase of $9.37 billion • Gross State Product increase of $9.85 billion The report concluded that “CSP generation is a potential source of economic development throughout the State. Rural Nevada has been shedding high-paying natural- resource-based jobs for the past decade. Solar power generation does not contribute to global warming or diminish air quality, but provides opportunities for the skilled labor force that has been left unemployed in rural Nevada. Thus, tallying the economic and environmental benefits of solar-power generation, it is clear that it could be an important contributor to sustainable economic development in rural Nevada.”60 Of course, whenever there is a large investment in a capital project, the number of local jobs will increase, so the analysis may be somewhat misleading unless it compares the results to an alternative investment of the same magnitude that achieves the same goal. The analysis did not identify who would pay for the investment (Federal or State taxpayers or ratepayers). Finally, the report did not estimate jobs potentially lost elsewhere in the U.S. 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 Year Figure 5. Estimate of Jobs Generated by Building 1000 MW of CSP in Nevada, 55 12 Thousands of Jobs 2004 2007 2010 2013 2016 2019 2022 2025 2028 2031 2034

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