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

Economic Impacts from the Promotion of Renewable Energy Technologies - The German Experience
Author: Manuel Frondel
Publisher:
Total Pages: 0
Release: 2014
Genre:
ISBN:

Download Economic Impacts from the Promotion of Renewable Energy Technologies - The German Experience Book in PDF, ePub and Kindle

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 - The German Experience

Economic Impacts from the Promotion of Renewable Energy Technologies - The German Experience
Author: Manuel Frondel
Publisher:
Total Pages: 0
Release: 2014
Genre:
ISBN:

Download Economic Impacts from the Promotion of Renewable Energy Technologies - The German Experience Book in PDF, ePub and Kindle

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.


Exporting the Energiewende

Exporting the Energiewende
Author: Karoline Steinbacher
Publisher: Springer
Total Pages: 447
Release: 2018-06-06
Genre: Political Science
ISBN: 3658224967

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Based on close to two hundred interviews with decision-makers, government officials, and industry stakeholders, Karoline Steinbacher presents the first in-depth enquiry into Germany’s efforts of “exporting” its sustainable energy policies. The book closes the empirical gap in understanding how Germany’s leadership influences the transfer of renewable energy policy to three heterogeneous cases, namely Morocco, South Africa, and California.


Economic Effects of Renewable Energy Expansion

Economic Effects of Renewable Energy Expansion
Author: Jürgen Blazejczak
Publisher:
Total Pages: 0
Release: 2015
Genre:
ISBN:

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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

The European Dimension of Germany’s Energy Transition
Author: Erik Gawel
Publisher: Springer
Total Pages: 559
Release: 2019-02-07
Genre: Business & Economics
ISBN: 3030033740

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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.


Eurasian Business and Economics Perspectives

Eurasian Business and Economics Perspectives
Author: Mehmet Huseyin Bilgin
Publisher: Springer Nature
Total Pages: 353
Release: 2022-04-27
Genre: Business & Economics
ISBN: 303094672X

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EBES conferences have been intellectual hub for academic discussion in economics, finance, and business fields and provide network opportunities for participants to make long lasting academic cooperation. This is the 22nd volume of the Eurasian Studies in Business and Economics (EBES’s official proceeding series) which includes selected papers from the 35th EBES Conference – Rome 2021. Due to the COVID-19, the conference presentation mode has been switched to "online/virtual presentation only”. In the conference, 142 papers by 302 colleagues from 48 countries were presented. Both theoretical and empirical papers in this volume cover diverse areas of business, economics, and finance from many different regions. Therefore, it provides a great opportunity to colleagues, professionals, and students to catch up with the most recent studies in different fields and empirical findings on many countries and regions.


OECD Economic Surveys: Germany 2012

OECD Economic Surveys: Germany 2012
Author: OECD
Publisher: OECD Publishing
Total Pages: 121
Release: 2012-02-14
Genre:
ISBN: 9264168702

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OECD's 2012 Economic Survey of Germany examines recent economic developments, policies and prospsects as well as a more detailed look at labour market reforms and climate change policies.


The Development of Renewable Energy Sources and its Significance for the Environment

The Development of Renewable Energy Sources and its Significance for the Environment
Author: Almas Heshmati
Publisher: Springer
Total Pages: 187
Release: 2015-04-15
Genre: Political Science
ISBN: 9812874623

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This book analyzes the effects of power generated by renewable energy sources, renewable energy production technologies, energy efficiency, and market regulation of carbon emissions. It elaborates on how these parameters have direct and indirect effects on carbon emission reduction, such as the results of an environmental tax that could directly reduce carbon emissions by decreasing fossil fuel consumption or by stimulating energy savings through technological innovation, as well as how renewable energy sources can affect both economic growth and the environment. In addition to a detailed analysis of the interrelationships between renewable energy consumption, production technology, and market regulation, The Development of Renewable Energy Sources and its Significance for the Environment proposes a model for measuring the effectiveness and results of the interaction between these links. Furthermore, a structure for a marketplace of renewable energy sources is put forward, as well as an outline of the requirements that must be met in order for this market to function. Suitable policy recommendations to enhance the market for renewable energies are also provided.


The Economics and Policy of Solar Photovoltaic Generation

The Economics and Policy of Solar Photovoltaic Generation
Author: Pere Mir-Artigues
Publisher: Springer
Total Pages: 360
Release: 2016-04-22
Genre: Business & Economics
ISBN: 3319296531

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This book provides an up-to-date, rigorous analysis of the state of the art of solar photovoltaic (PV) generation. It focuses on the economic analysis of solar PV generation technologies as well as the policies that have been devised and implemented around the globe to support it. It provides the main theoretical tools for understanding the cost of these technologies, and discusses them from both a historical and comparative perspective with respect to other competing technologies (both conventional and renewable). In addition, it presents the conceptual rationale to maximize reader insights into whether and how public support for these technologies is justified as well as the consequences for the economy of different promotion measures. Integrating concepts from different economics disciplines (environmental economics, innovation economics, industrial economics and public economics) into a coherent basis for the analysis of the costs and policies for solar PV electricity, it provides an update to the literature to reflect recent advances in and deployments of solar electricity and the drastic reduction in associated costs.