USA, Nevada: New Report Documents Significant Benefits of Geothermal Energy Development in Rural Nevada

Nevada's Rural Renewables Generate $7.9 Billion in Economic Impact (Digital Journal)

The report shows a model geothermal project would result in a better economic output than a model potential solar project .

The Western Way, in partnership with the Carson Valley Chamber of Commerce, released “The Economic Benefits of Nevada Rural Renewable Energy Facilities.” The economic impact study, conducted by Development Research Partners, found that 29 rural renewable projects constructed in Nevada from 2006 to 2017 resulted in significant economic benefits to rural Nevada.

The study also tested the economic and fiscal benefits of adding new geothermal and solar facilities in Nevada. The model test case was a new 75 MW-geothermal facility in Lyon County and a 100 MW-solar PV facility in Nye County. The report showed the model geothermal project would result in a total economic output of $14.9 million for construction and $8.9 direct and indirect benefits annually. The potential solar project would yield $2.5 million in total economic output and annual operations would generate $1.9 million.

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