Title
Job creation and economic impact of renewable energy in the Netherlands
Author
Bulavskaya, T.
Reynès, F.G.D.
Publication year
2018
Abstract
This study evaluates the economic impact of a shift towards renewable electricity mix in the Netherlands using the neo-Keynesian CGEM ThreeME (Multi-sector Macroeconomic Model for the Evaluation of Environmental and Energy policy). This scenario has been inspired by the Urgenda's report ‘Energy 100% Sustainable in the Netherlands by 2030’, which have been quantified using the Energy Transition Model (ETM) developed by Quintel. Using the output of the ETM regarding the change in the electricity generation shares as input in ThreeME, we derive the impact in terms of key economic variables (GDP, employment, investment, value-added, prices, trade, tax revenue, etc.). We find that transition to renewable energy may have a positive impact on the Dutch economy, creating almost 50 000 new jobs by 2030 and adding almost 1% of gross domestic product. © 2017
Subject
Climate policy
Energy transition
Energy-economy modeling
Netherlands
Economics
Investments
Climate policy
Electricity generation
Energy transitions
Energy-economy models
Gross domestic products
Macro-economic models
Netherlands
Renewable electricity
To reference this document use:
http://resolver.tudelft.nl/uuid:6b33ffdc-0ef1-41c7-8d99-7f3dc1a9723a
DOI
https://doi.org/10.1016/j.renene.2017.09.039
TNO identifier
782935
Publisher
Elsevier Ltd
ISSN
0960-1481
Source
Renewable Energy, 119, 528-538
Document type
article