Orange County NC Website
and operations varied widely between these <br />counties due to differences in the specific <br />makeup of the local economy. The total <br />annual operating impacts (first year) for a 20 <br />MW plant ranged from $10.8 to $12.8 <br />million in output (revenue), 177 to 242 jobs, <br />and $6.9 to $7.6 million in value added <br />(income). Total operating impacts for a 40 <br />MW plant ranged from $22.1 to $26.7 <br />million in output, 393 to 546 jobs, and $14.1 <br />to $15.8 million in value added. The first <br />year impacts for plant operations are <br />representative of the ongoing annual <br />impacts; however, future impacts could <br />change due to prices of inputs such as fuel, <br />unexpected maintenance activities, and <br />general economic inflation. <br />Total construction costs were valued at <br />$48.7 million for the 20 MW plant and <br />$86.8 million for the 40 MW plant, <br />including land, site work, construction, plant <br />equipment, and engineering fees. Local <br />construction impacts differed dramatically <br />for these two counties. Construction impacts <br />for a 20 MW plant ranged from $7.9 to <br />$45.3 million in output, 74 to 379 jobs, and <br />$3.9 to $26.0 million in value added. <br />Construction impacts for the 40 MW plant <br />ranged from $10.7 to $78.7 million in <br />output, 98 to 653 jobs, and $5.1 to $44.9 <br />million in value added. The significantly <br />higher construction impacts in Orange <br />Table 4. Economic Impacts of 20 and 40 MW Power Plants <br />County reflect the presence of manu- <br />facturing industries for boilers and turbines, <br />key components for power plants. This <br />results in greater impacts as more money <br />would be retained in the local economy. <br />Prediction of the distribution of economic <br />impacts across various sectors of the local <br />economy is possible. More than 60% of all <br />jobs would occur in the agriculture and <br />forestry sector, which supplies wood fuel to <br />these facilities. There would also be <br />significant employment impacts in the <br />sectors for professional services, retail trade, <br />and government sectors, reflecting the <br />indirect effects on the local economy <br />associated with purchased supplies and <br />employee household spending. <br />Conclusions <br />Economic concerns are important to <br />discussions of using wood for energy in the <br />South. For many communities, the <br />conversation begins with the recognition <br />that there is enough wood at an affordable <br />cost. Our supply analysis suggests that, <br />indeed, enough wood at a reasonable cost is <br />available in Buncombe and Orange counties <br />to make a continued conversation possible. <br />2.0 and 3.9 trillion Btu (i.e., 17 and 33 MW <br />or energy to power 6,800 and 13,300 homes <br />annually) of woody biomass are available at <br />less than $2.60 per MMBW in Buncombe <br />North <br />Carolina <br />County <br />Wood <br />Fuel <br />Cost <br />($Million) <br />Annual Operations Impacts (first <br />year) <br />Plant Construction Impact <br />Output <br />($Millions) <br />Employment <br />(Jobs) <br />Value <br />Added <br />($Millions) <br />Output <br />($Millions) <br />Employment <br />(Jobs) <br />Value <br />Added <br />($millions) <br />20 MW <br />Buncombe <br />3.74 <br />12.84 <br />242 <br />7.59 <br />7.89 <br />74 <br />3.90 <br />Orange <br />2.88 <br />10.81 <br />177 <br />6.91 <br />45.27 <br />379 <br />25.95 <br />Average <br />3.31 <br />11.82 <br />210 <br />7.25 <br />26.58 <br />227 <br />14.92 <br />40 MW <br />Buncombe <br />9.37 <br />26.65 <br />546 <br />15.77 <br />10.72 <br />98 <br />5.06 <br />Orange <br />7.35 <br />22.08 <br />393 <br />14.07 <br />78.73 <br />653 <br />44.88 <br />Average <br />8.37 <br />24.36 <br />470 <br />14.92 <br />44.73 <br />376 <br />24.97 <br />