Job and Economic Development Impact (JEDI) model
The Jobs and Economic Development Impact (JEDI) models are user-friendly tools that estimate the economic impacts of constructing and operating power generation and biofuel plants at the local and state levels.
The JEDI models cover:
- Wind power,
- Concentrating solar power,
- Natural gas power plants.
Based on project-specific and default inputs (derived from industry norms), JEDI estimates the number of jobs and economic impacts to a local area (usually a state) that could reasonably be supported by a power generation project. For example, JEDI estimates the number of in-state construction jobs from a new wind farm.
Key questions addressed:
- Based on the specs of a power generation unit, what are the economic impacts of wind, biofuel, solar, natural gas, coal, hydroelectric, geothermal, petroleum, and transmission projects?
Sample data inputs:
- Location of the potential project
- The population of the area in consideration
- The year of construction for the potential project
- The system type
- System size (DC nameplate capacity in kW)
- Base installed system cost ($/kWdc)
- Annual direct O&M cost ($/kW)
Sample quantitative outputs:
- Project construction or installation cost and the associated local spending amount
- Direct O&M costs and associated local spending ammount
- Other annual costs
- Debt payments and property taxes
- Local economic impacts on jobs and earnings