Cost and Employment Impacts of Various Energy Technologies
EMD-77-42: Published: May 23, 1977. Publicly Released: May 23, 1977.
- Full Report:
Cost and employment impacts involved in the fuel cycles of various energy technologies could not be compared on a consistent basis needed for valid comparisons.
The following steps appear to be necessary as a starting point to initiate the dialogue in developing a basis for analyzing the cost and employment impacts of energy technologies on a consistent basis: (1) the energy technologies should be analyzed on a basis providing energy for the same level of end use; (2) total employment impacts should be estimated for both the technologies and the industries which support them; (3) differences in investments required to generate each job should be determined; and (4) differences in the nature and duration of employment should be determined. The following basic elements are necessary in order to perform this analysis: (1) a framework for transforming a raw material into consumable energy under each technology considered; (2) data on the cost and employment requirements for each step of the transformation; and (3) a common level of end use for the technologies. Aside from providing a consistent basis for comparing technologies independent of energy growth projections, this framework makes it possible to distinguish between short-term and long-term employment on a consistent basis.