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Economic Impacts of NREL CA Solar Benefits CSP in California The sensitivity analysis revealed that even with significantly lower purchase of equipment and materials from California, the construction of CSP still produces larger economic impacts. Figure 5-4 shows the impact to employment and earnings for each sensitivity case along with the base case impacts for the combined cycle plant. 6,000 Employment 5,000 4,000 3,000 2,000 1,000 Earnings 250 200 150 100 50 Combined Cycle (per 100 MW) -- Low California Expenditures Base Case High California Expenditures Low California Expenditures Base Case High California Expenditures Figure 5-4 Construction Economic Impacts Sensitivity Analysis for 100 MW CSP Plant The sensitivity analysis also revealed that the impact to Gross State Output is significantly larger than the comparative combined cycle plant. The CSP plant produced a range of $450 million to $800 million compared to $420 million per 100 MW for the combined cycle plant. Black & Veatch also developed a sensitivity analysis of the low and high CSP deployment scenarios with the low and high California expenditure cases, as shown on Figure 5-5. The sensitivity analysis revealed that there is an impact of approximately ±20 percent to employment and earnings of the low California expenditures and high California expenditures scenarios, respectively. The analysis revealed that the impact to Gross State Output is slightly higher at about ±30 percent. The sensitivity analysis shows that the economic impacts results are robust and consistently higher than the calculated impacts for combined cycle power plants even with lower purchases of goods and services from California. April 21, 2006 5-17 Construction Employment Impacts, Job-Years Direct Indirect Construction Earnings Impact, Million $2005PDF Image | Economic, Energy, and Environmental Benefits of Concentrating Solar Power in California
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