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Geothermal Jobs and Economics Development Impacts Model

Geothermal Jobs and Economics Development Impacts Model Hudson Ranch I, California, U.S. (source: EnergySource)
Alexander Richter 26 Sep 2012

The U.S. National Renewable Energy Laboratory has released a "Jobs and Economic Development Impact (JEDI) Geothermal model", allowing an estimation of project cost and direct economic impacts for conventional and EGS projects.

The U.S. National Renewable Energy Laboratory has released  “The Jobs and Economic Development Impact (JEDI) Geothermal model”.

The model – so in a statement by NREL – allows users to estimate project costs and direct economic impacts for both hydrothermal and Enhanced Geothermal Systems (EGS) power generation projects based on exploration and drilling activities, power plant construction, and ongoing operations. By determining the regional economic impacts and job creation for a proposed power facility, the geothermal JEDI model can be used to answer questions about the value that geothermal power may bring to the local community. Project cost and job data used in the model were gathered from existing geothermal projects, a literature review, conversations with industry professionals, and existing models such as the Geothermal Electricity Technology Evaluation Model (GETEM).

Similar to all of the JEDI models, the JEDI Geothermal model has default values representative of a “typical” geothermal project that can be used to run a generic impact analysis assuming. The default values represent a reasonable expenditure pattern for constructing and operating geothermal projects in the United States. Resource characteristics, project size, location, financing arrangements, and numerous site-specific factors influence actual construction and operating costs. Model users are encouraged to enter as much project-specific data as possible.

For additional information on the use of the JEDI Geothermal model and background on the cost information utilized in the model, please see the Jobs and Economic Development Impact (JEDI) Model Geothermal User Reference Guide

Download the JEDI Geothermal Model

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