Misconceptions about Renewables Job Creation
Most developers get the economic impact of their renewables projects wrong.
I see far too often that developers want to use a benchmark for all of their projects. They want to know, “How many jobs does a typical utility-scale solar or wind project create?”
The problem is, there’s too much variation between projects for a benchmark to be particularly helpful.
A robust economic impact study will not only look at the direct jobs created by your project, but also the indirect and induced impacts of the project - which is highly dependent on the county effects.
Here are some of the questions that you should get answers for in a thorough study:
When you inject investment into a county, do they re-spend the extra income locally or does it leak out into the surrounding counties?
How much of the manufacturing base for your project is local?
How far do the local taxes go in creating jobs?
Putting it all together, a good economic impact analysis should look something like this analysis I did for Paris Solar Energy Center last year.
When I come armed with this sort of report and the personal testimony to back it up, I’ve gotten my clients through the permitting process successfully 85% of the time.
So don’t just think direct jobs. Don’t think benchmarks. Be specific and model for the county and community you’re serving, and it will pay off.