Work

The Regional Employment Impacts of Renewable Energy Expenditures : The Case for Modelling

Year: 2011

Type: preprint

Abstract: One aspect of the case for policy support for renewable energy developments is the wider economic benefits that are expected to be generated. Within Scotland, as with other regions of the UK, there is a focus on encouraging domestically‐based renewable technologies. In this paper, we use a regional computable general equilibrium framework to model the impact on the Scottish economy of expenditures relating to marine energy installations. The results illustrate the potential for (considerable) ‘legacy’ effects after expenditures cease. In identifying the specific sectoral expenditures with the largest impact on (lifetime) regional employment, this approach offers important policy guidance.

Source: RePEc: Research Papers in Economics

Authors: Grant Allan, Michelle Gilmartin

Institution: University of Strathclyde

Language: English

Topic: Sustainable Development and Policies

Subfield: Management, Monitoring, Policy and Law

Field: Environmental Science

Domain: Physical Sciences

SDGs: Decent work and economic growth, Affordable and clean energy, Industry, innovation and infrastructure, Climate action

Open Access status: green

Funders: Engineering and Physical Sciences Research Council, Interreg

Award: Supergen Marine - Core