Report Projects 7,000 Renewable Energy Jobs in Utah
A new study concludes that new renewable energy and energy efficiency investments in Utah could yield 7,000 net ongoing jobs, $310 million in net annual earnings, and a $300 million net annual increase in gross domestic product by state (GDPS) by 2020, according to alternative energy organization AWEA.
The report, â€śBuilding the Clean Energy Economy: A Study on Jobs and Economic Development of Clean Energy in Utah,â€ť analyzes the economic impacts of an energy strategy that includes a 20% electricity reduction through energy efficiency measures and 20% of electricity coming from renewable resources by 2020. The study was requested by Governor Gary Herbertâ€™s energy advisor, Dianne Nielson.
â€śThis study confirms that increasing energy efficiency and renewable energy development will have a net positive impact on Utahâ€™s economy,â€ť said Sarah Wright, executive director of Utah Clean Energy, the nonprofit organization that led the analysis, told AWEA. â€śUtah has set goals to increase efficiency and renewables over the next ten years; with leadership and determination, Utah can make clean energy an integral part of our economy.â€ť
Utah Clean Energy collaborated with two economic consultant organizations, MRG & Associates and Wikstrom Economic & Planning Consultants, to conduct the economic analysis.
In 2008, the state of Utah initiated the Utah Renewable Energy Zone (UREZ) Task Force to identify Utahâ€™s homegrown renewable energy resources (wind power, concentrating solar power, and geothermal) suitable for utility scale electricity generation.
Renewable resources modeled include:
– 475 MW of wind energy generation in Utah
– 241 MW of geothermal generation;
–150 MW of concentrating solar power (CSP) with storage;
– 84 MW of residential and commercial solar photovoltaic (PV) distributed electricity; and
– 23 MW of various types of biomass.