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Economic Impacts from the Promotion of Renewable Energy Technologies - The German Experience

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Release : 2014
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Book Synopsis Economic Impacts from the Promotion of Renewable Energy Technologies - The German Experience by : Manuel Frondel

Download or read book Economic Impacts from the Promotion of Renewable Energy Technologies - The German Experience written by Manuel Frondel. This book was released on 2014. Available in PDF, EPUB and Kindle. Book excerpt: The allure of an environmentally benign, abundant, and cost-effective energy source has led an increasing number of industrialized countries to back public financing of renewable energies. Germany's experience with renewable energy promotion is often cited as a model to be replicated elsewhere, being based on a combination of far-reaching energy and environmental laws that stretch back nearly two decades. This paper critically reviews the current centerpiece of this effort, the Renewable Energy Sources Act (EEG), focusing on its costs and the associated implications for job creation and climate protection. We argue that German renewable energy policy, and in particular the adopted feed-in tariff scheme, has failed to harness the market incentives needed to ensure a viable and cost-effective introduction of renewable energies into the country's energy portfolio. To the contrary, the government's support mechanisms have in many respects subverted these incentives, resulting in massive expenditures that show little long-term promise for stimulating the economy, protecting the environment, or increasing energy security.

Economic Impacts from the Promotion of Renewable Energy Technologies

Download Economic Impacts from the Promotion of Renewable Energy Technologies PDF Online Free

Author :
Release : 2009
Genre :
Kind : eBook
Book Rating : 739/5 ( reviews)

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Book Synopsis Economic Impacts from the Promotion of Renewable Energy Technologies by : Manuel Frondel

Download or read book Economic Impacts from the Promotion of Renewable Energy Technologies written by Manuel Frondel. This book was released on 2009. Available in PDF, EPUB and Kindle. Book excerpt:

Economic Impacts from the Promotion of Renewable Energy Technologies - The German Experience

Download Economic Impacts from the Promotion of Renewable Energy Technologies - The German Experience PDF Online Free

Author :
Release : 2014
Genre :
Kind : eBook
Book Rating : /5 ( reviews)

GET EBOOK


Book Synopsis Economic Impacts from the Promotion of Renewable Energy Technologies - The German Experience by : Manuel Frondel

Download or read book Economic Impacts from the Promotion of Renewable Energy Technologies - The German Experience written by Manuel Frondel. This book was released on 2014. Available in PDF, EPUB and Kindle. Book excerpt: The allure of an environmentally benign, abundant, and cost-effective energy source has led an increasing number of industrialized countries to back public financing of renewable energies. Germany's experience with renewable energy promotion is often cited as a model to be replicated elsewhere, being based on a combination of far-reaching energy and environmental laws that stretch back nearly two decades. This paper critically reviews the current centerpiece of this effort, the Renewable Energy Sources Act (EEG), focusing on its costs and the associated implications for job creation and climate protection. We argue that German renewable energy policy, and in particular the adopted feed-in tariff scheme, has failed to harness the market incentives needed to ensure a viable and cost-effective introduction of renewable energies into the country's energy portfolio. To the contrary, the government's support mechanisms have in many respects subverted these incentives, resulting in massive expenditures that show little long-term promise for stimulating the economy, protecting the environment, or increasing energy security.

Economic Effects of Renewable Energy Expansion

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Release : 2015
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Book Synopsis Economic Effects of Renewable Energy Expansion by : Jürgen Blazejczak

Download or read book Economic Effects of Renewable Energy Expansion written by Jürgen Blazejczak. This book was released on 2015. Available in PDF, EPUB and Kindle. Book excerpt: Increasing utilization of renewable energy sources (RES) is a priority worldwide. Germany has been a forerunner in the deployment of RES and has ambitious goals for the future. The support and use of renewables affects the economy: It creates business opportunities in sectors producing renewable energy facilities, but also comes along with costs for supporting the deployment of renewables. This paper analyses and quantifies the net balance of economic effects associated with renewable energy deployment in Germany until 2030. To this end, we use a novel model, the 'Sectoral Energy-Economic Econometric Model' (SEEEM). SEEEM is an econometric multi-country model which, for Germany, contains a detailed representation of industries, including 14 renewable energy technology sectors. Our results show that renewable energy expansion can be achieved without compromising growth or employment. The analysis reveals a positive net effect on economic growth in Germany. Net employment effects are positive. Their size depends strongly on labour market conditions and policies. Results at the industry level indicate the size and direction of the need for restructuring across the sectors of the Germany economy.

The European Dimension of Germany’s Energy Transition

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Release : 2019-02-07
Genre : Business & Economics
Kind : eBook
Book Rating : 740/5 ( reviews)

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Book Synopsis The European Dimension of Germany’s Energy Transition by : Erik Gawel

Download or read book The European Dimension of Germany’s Energy Transition written by Erik Gawel. This book was released on 2019-02-07. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses the interactions between Germany’s energy transition and the EU’s energy policy framework. It seeks to analyze the manifold connections between the prospects of the proclaimed “Energy Union” and the future of Germany’s energy transition, and identifies relevant lessons for the transformation at the EU level that can be learned from the case of Germany, as a first-mover of transforming energy systems towards renewables. The various repercussions (political, economic and systemic) from the national transition are explored within the EU context as it responds to the German transition, taking into account both existing frictions and potential synergies between predominantly national sustainability policies and the EU’s push towards harmonized policies within a common market. The book’s overall aim is to identify the most critical issues, in order to avoid pitfalls and capitalize on opportunities.

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