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Economic Impacts of NREL CA Solar Benefits CSP in California plant at $650 per kW and the simple cycle plant at $500 per kW. However, the CSP plant has an impact to gross state output of $1.4 per $1 spent on the CSP plant, while the ratios for the combined cycle and simple cycle combustion turbine plants are in the range of $0.90 to $1.00 per $1 spent on the fossil fueled plants. Table 5-7 Base Case Direct and Indirect Economic Impacts of One 100 MW CSP Plant in 2008 ($2005) Construction Gross State Output, $1,000/plant Earnings, $1,000/plant Employment, job-years Operation Gross State Output, $1,000/year Earnings, $1,000/year Employment, jobs Direct Impact 151,000 51,000 455 2,400 3,140 38 Indirect Impact 475,000 144,000 3,500 10,400 2,540 56 Table 5-8 also shows the impact per GWh of power generation for the CSP and conventional technologies. This analysis revealed that CSP plant produces higher economic benefits per unit of energy produced than either of the conventional technologies. The economic impact per unit is similar between the combined cycle and simple cycle plants because of the low capacity factor for the simple cycle plant, which inflates the economic impacts per unit of energy produced. Figure 5-1 shows the direct and indirect employment impact of the CSP, combined cycle, and simple cycle plants per 100 MW. The CSP plant also has a much larger impact on employment at about 4,000 job-years per 100 MW versus about 500 for the combined cycle plant and 330 for the simple cycle plant. This is a result of the higher capital cost and construction requirements of the CSP plant. Figure 5-1 also shows that the CSP plant generates significantly greater economic impacts during the operation of the project. There are 94 direct and indirect permanent jobs created by the continued operation of the CSP plant, which compares to 56 jobs per 100 MW created by the combined cycle plant and 13 jobs per 100 MW created by the simple cycle plant. Again, this is the result of more labor intensive operational requirements of the CSP plant. April 21, 2006 5-11PDF Image | Economic, Energy, and Environmental Benefits of Concentrating Solar Power in California
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