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NREL Report Measures Jobs and Economic Impacts of §1603

May 1, 2012

Title: Preliminary Analysis of the Jobs and Economic Impacts of Renewable Energy Projects Supported by the §1603 Treasury Grant Program
Authors: Daniel Steinberg and Gian Porro, NREL; Marshall Goldberg, MRG & Associates

This analysis responds to a request from U.S. Department of Energy, Office of Energy Efficiency and Renewable Energy to NREL to estimate the direct and indirect jobs and economic impacts of projects supported by the §1603 Treasury grant program. The analysis employs NREL's Jobs and Economic Development Impacts (JEDI) models to estimate the gross jobs, earnings, and economic output supported by the construction and operation of the large wind (greater than 1 MW) and solar PV projects funded by the §1603 grant program.

This report was also published by the U.S. Department of Energy, as well as featured in The Hill and in April's SunShot Initiative newsletter and on their homepage.

—Jim Leyshon