Economic impact of solar thermal electricity deployment in Spain

The objective of the work is to estimate the socio-economic impacts of increasing the installed solar thermal energy power capacity in Spain. Using an input–output (I–O) analysis, this paper estimates the increase in the demand for goods and services as well as in employment derived from solar thermal plants in Spain under two different scenarios: (a) based on two solar thermal power plants currently in operation (with 50 and 17 MW of installed capacity); (b) the compliance to the Spanish Renewable Energy Plan (PER) 2005–2010 reaching 500 MW by 2010. Results show that the multiplier effect of the PER is 2.3 and the total employment generated would reach 108,992 equivalent full-time jobs of 1 year of duration. Despite this is an aggregated result, this figure represents 4.5% of current Spanish unemployment. It can be concluded that the socio-economic effect of the PER's solar thermal installed capacity goal would be remarkable.