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JEDI II - Jobs and Economic Development Impact Model

Calculate Economic Impacts from Coal, Natural Gas, and Wind

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The U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) has developed new and expanded economic impact models to compare coal, natural gas, and wind power (Jobs and Economic Development Impact II, or JEDI II).

The models include multipliers for jobs, income, and other impacts. Developed for statewide parameters, they can also be used to conduct a regional analysis.

Calculate Economic Impacts from Coal, Natural Gas, and Wind: The Expanded Jobs and Economic Development Impact Model (JEDI II)

The primary goal of the original JEDI model was first to provide a tool for wind developers, renewable energy advocates, government officials, decision makers, and other potential users who might not have the resources to develop their own economic development model; and second, to easily identify the local economic impacts associated with constructing and operating wind power plants. The second goal was to facilitate broad access and usage of the model by making it electronically available through NREL’s Wind Powering America program. The goal of this current version, JEDI II, is to expand the usefulness of this tool by addressing additional electricity resources: coal and natural gas.

The new JEDI II model structure is nearly identical across technologies, and only basic information is needed to describe each power option. Each model has default values for all 50 states, but each can also be applied to smaller regions or counties with the appropriate adjustments and additional data. Because local and state economies have different characteristics, the economic impacts of a given power plant will not be the same in different parts of the United States.

Elements included in the model include:

  • Construction or capital cost
  • Operations and maintenance
  • Fuel price and fuel origin
  • Percentage of local labor used
  • Landowner revenue
  • Property taxes

Jedi is a user-friendly tool that calculates economic impacts from wind projects. It allows you to easily identify the local economic impacts associated with constructing and operating wind power plants. JEDI is for wind developers, renewable energy advocates, government officials, decision makers, and other potential users who might not have the resources to develop their own economic development model. It is designed to accommodate a broad user base with varying experience with economic development modeling. It accommodates inexperienced spreadsheet users, those unfamiliar with economic impact analysis, and more experienced and knowledgeable users who need this type of analysis.

JEDI II the Job and Economic Development Impact (JEDI) Model

Wind Power software applications

Also available is the "Small Wind Economic Model"

The Small Wind Economic Model is a spreadsheet tool that can help you analyze the economics of a small wind electric system and decide whether wind energy will work for you (MS Excel 102 KB).

BROCHURE PDF DOWNLOAD: JEDI Tool to calculate Job and Economic Deveopment from Wind Projects

Edited by Carolyn Allen, owner/editor of California Green Solutions
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