The significant level of investment made by Red Eléctrica also entails other benefits for society as the investment has a boosting effect on the country's economic activity. By encouraging production, an increase in wealth generation (measured through GDP) and, as a consequence, employment is promoted, and public administrations have more income that can be devoted to improvements in the general well-being of society.
In 2017, the Company adopted a methodology that allows us to estimate the total impact generated from an initial investment. The calculations are made taking into account direct, indirect and induced impacts.
Direct | Indirect | Induced | TOTAL | |
---|---|---|---|---|
Production (m€) | 276 | 262 | 26 | 564 |
Income - GDP (m€) | 110 | 110 | 9 | 228 |
Employment (No. of jobs) | 1,892 | 1,982 | 272 | 4,146 |
Tax revenue (m€) | 43 | 42 | 4 | 89 |