Short and long term labour market effects of an increase of renewable energy
The impacts on employment of an increased use of renewable energy have been assessed in the short and long run. Special focus was set on gross employment in the sectors production of plants for using renewable energy, operation and service of this sector and supply of bio fuels. In the long run, net effects for the total economy including employment have been calculated with the macro-econometric model PANTA RHEI taking negative effects like substitution and budget effects into account. The simulation model integrates energy, environmental and economic aspects in a consistent modeling framework. The model PANTA RHEI serves as a base for quantifying the effects of a business-as-usual scenario and different scenarios of a more ambitious use of renewable energy.
New reports or discussion paper, ongoing projects and the latest developments – find out about GWS news here
Our figure of the month 06/2023: Expenditures for energy and food place a particularly heavy burden on lower incomes
The inflation rate in Germany remains at a high level even after more than a year of war in Ukraine. Although the consumer price index has now weakened for the second month in a row, it…