Service Area
Solutions Engaged
Objective
Measure the potential impact on construction and operational jobs, GRP and value add from the Star of the South Offshore Windfarm.
Method
A Vector Auto Regressive (VAR) model was used to quantify the likely direct and indirect impacts of the construction and operational phases of the Star of the South project on jobs and Gross Regional Product. Estimates were produced under different scenarios depending on work locations and the use of drive-in-drive-out (DIDO) workforces. These were calculated at local, regional, State and National scales.
Solution
A VAR model produces the most reliable estimates for job impacts at localised and regional geographies where the relative scale of activity may crowd out other investments. Multiple iterations under different construction and operational workforce counts were analysed over the years of planning for the project.
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