Economic Benefits

ACCIONA’s Nevada Solar One™ is Proving the Economic Benefits of Concentrating Solar Power

ACCIONA’s Nevada Solar One™ plant has generated significant benefits for Boulder City, NV, in a number of ways including an increase in tax revenues from the operating plant, long-term land lease revenues and investments in community programs. The plant has also added considerable value to otherwise unusable desert land, since much of the land offering the best solar resources is inadequate for farming, grazing or habitation. Additionally, a significant number of jobs have been created, from the construction of Acciona’s Nevada Solar One plant to its day-to-day operations.

 

Reliable and feasible power generation

  • Generates clean, reliable and renewable power during peak demand, when it is needed most
  • Can be easily integrated into an existing power distribution network

Energy security

  • Provides greater energy diversity options in the North American market
  • Electricity from concentrating solar energy is produced domestically and helps to reduce our dependency on unstable foreign energy sources

Economically competitive and cost-effective over time

  • Produces electricity locally, providing manufacturing and installation jobs for Americans
  • Is scalable, predictable and commercially viable

Increases land value

  • Much of the land offering the best solar resources is inadequate for farming, grazing or habitation
  • Concentrated solar power generation adds considerable value to otherwise unusable land
  • Land value is preserved by avoiding pollution and contamination of the land, air and water
  • The local area benefits from the plant’s tax dollars, land lease revenues and investment in community programs