Bradley Francis & Ryan Sanders

Transcription

1 Economic Impact of Renewable Development: THE CAMILLA SOLAR FARM Bradley Francis & Ryan Sanders Copyright 2012 Solar Design and Development. All Rights Reserved. 1

2 Who We Are Solar Design & Development (SD&D) Drives economic recovery and development through the proliferation of utility scale renewable energy projects. SD&D s solar applications provide sustainable economic benefit across a broad range of industries. Solar Integration SD&D is focused on utilizing Georgia s natural, untapped solar power potential to provide an economically feasible, stable, low-cost source of renewable energy to the state. Industry Leader SD&D was awarded the first two Georgia Power Company (GPC) utility scale solar PPAs. Copyright 2012 Solar Design and Development. All Rights Reserved. 2

3 GPC s First One-Megawatt Solar Facility SD&D has completed the development and installation of Georgia s first utility-scale solar power facility. 1 megawatt (MW) facility in Upson County Power supply for approx. 500 homes Two more GPC plants underway soon PPA Georgia Power will purchase 100% of output for 15 years under a power purchase agreement (PPA). The Public Service Commission approved the PPA last year. GPC s utility-scale PPA s allow Georgia s PV solar capacity to grow exponentially without encroaching on the state s Territorial Act. 3

4 GPC s First One-Megawatt Solar Facility SOLAR 4

5 GPC s First Utility-Scale Solar Projects AUGUSTA Facilities Upson County 10 acres in West Central Georgia 1 MW Meriwether County Upson County SAVANNAH Meriwether County 33 acres in West Central Georgia 4 MW Mitchell County 150 acres in Southwest Georgia 15 MW Mitchell County VALDOSTA Copyright 2012 Solar Design and Development. All Rights Reserved. 5

6 GPC s First Utility-Scale Solar Projects 6

7 What We Do Project Development Analysis Project Structuring Financial Engineering EPC Selection Implementation Creation of an Project structures are Individual tax law, A sophisticated Extensive experience in effective project plan, designed to maximize legal code, and utility understanding of solar project management and makes even the most available subsidies for companies make each PV system design, general contracting leads difficult project each project U.S. state a unique construction to the development of financeable, thus implementable Pre-development analysis determines overall project bankability. These combined with conceptual budgets and a master development schedule clearly define the scope of each project Every project is individually analyzed in order to construct economic models Models incorporate incentives, grants and subsidies to create cost efficient, and implementable renewable energy projects, which can then be marketed to the finance community energy market Our comprehensive project models are tailored specifically to each market and provide a dynamic perspective of each project opportunity Models depict the impact of individual project choices to the project s financial yield management, and the international solar industry allows SD&D to identify the proper EPC for each project Familiarity with local, national and international EPCs allows SD&D to drive project cost efficiency, & ensure system performance through a competitive bid process shovel ready projects designed with ease of installation in mind 7

8 The Camilla Solar Farm Development Project: Create Jobs + Boost the Economy Construction & Operation Job creation Directly create FTE construction-related jobs Multiplier effect: FTE jobs Partially support 2.8 FTE operational jobs Economic impact Deliver $15.6 million in employee earnings including multiplier effect Generate $38.7 million in economic activity in Georgia Ongoing Operation Job sustainment Support 2.8 FTE solar maintenance technicians Multiplier effect: 4.6 FTE workers statewide Annual Economic Impact Deliver $249K in employee earnings including multiplier effect Increase economic activity in Georgia by $435K Produce $2.4 million in electricity sales Generate $187.5K in property taxes 8

9 CAMILLA SFDP FACILITY Construction and Operational Information Project Development Cost $48,024,510 Construction Cost $42,402,867 Annual Generation Capacity 15 MW Operational Revenue (2015) $2,417,633 Annual Operating Costs $487,500 Operational Job Creation 2.8 Source: Solar Design and Development 9

10 Economic Impacts of Construction Expenditures Annual Jobs and 2012$ Construction Phase Annual Jobs Annual Earnings (2010$) Annual Output (2010$) Project Development and Onsite Labor Impacts $7,156,142 $11,778,023 Construction and Installation Labor 59.7 $3,863, Construction and Installation Related Services 74.0 $3,292, Module and Supply Chain Impacts $5,229,613 $16,010,000 Induced Impacts 86.7 $3,187,696 $10,948,086 Total Impacts $15,573,451 $38,736,110 Average Employee Earnings per Job ($s) $45,255 Source: JEDI Model 10

11 Employment by Educational Level for Facility Construction Education Level Required Project Development and Onsite Labor Impacts Module and Supply Chain Impacts Induced Impacts Total % of Total Total % First Professional Degree % Doctoral Degree % Master's Degree % Degree plus work Experience % Bachelor's Degree % Associate Degree % Postsecondary vocational award % Work experience in a related occupation % Long-term on-the-job training % Moderate-term on-the-job training % Short-term on-the-job training % Note: Totals may not sum due to rounding. Source: IMPLAN and U.S. Bureau of Labor Statistics 11

12 Top 15 Occupations for Jobs Created by Facility Construction Occupation Number of Jobs Education Level Carpenters 28 Long-term on-the-job training Construction laborers 21 Moderate-term on-the-job training First-line supervisors/managers of construction trades and extraction workers 14 Work experience in a related occupation Office clerks, general 8 Short-term on-the-job training Construction managers 8 Bachelor's degree Retail salespersons 7 Short-term on-the-job training Truck drivers, heavy and tractor-trailer 6 Moderate-term on-the-job training Bookkeeping, accounting, and auditing clerks 6 Moderate-term on-the-job training General and operations managers 6 Bachelor's plus experience Executive secretaries and administrative assistants 6 Moderate-term on-the-job training Cashiers, except gaming 6 Short-term on-the-job training Secretaries, except legal, medical, and executive 6 Moderate-term on-the-job training Laborers and freight, stock, and material movers, hand 5 Short-term on-the-job training Civil engineers 5 Bachelor's degree Janitors and cleaners, except maids and housekeeping cleaners 5 Short-term on-the-job training Source: IMPLAN and U.S. Bureau of Labor Statistics 12

13 Conclusion While Solar Design & Development (SD&D) continues its efforts to drive solar power innovation, there is still much to be done to further promote sustainable economic benefit to the Southeast. We are committed to a bright future for solar. Copyright 2012 Solar Design and Development. All Rights Reserved. 13