Contact:Gustav Resch
Project Team:Christian Panzer
Jun 2010
30 months
The use of renewable energy (RE) sources plays a significant role in increasing the security of energy supply and avoiding climate change. Whereas this role is undisputed, there is an ongoing discussion on the economic and employment costs and benefits of promoting renewable energy deployment. Whether RE promotion will bring a high dividend or cause high economic costs, is still disputed among policy makers and researchers. These economic returns are mostly measured in employment or economic growth. As stated in the European Commission’s “Renewable Energy roadmap“ (COM(2006) 848), ‘studies vary in their estimates of employment impact or GDP impact, some suggesting a small increase and others a small decrease. In the past years several studies have aimed at answering this question, however, a consensus on the economic impact of RE deployment has not emerged yet. Since the renewable energy industry is growing strongly, there is a public interest in monitoring its economic development and its employment potential. In order to support an impartial discussion on the economic and employment effects of enhanced RE deployment, it is crucial to have transparent guidelines based on a sound methodological approach and reliable data sources. Therefore a project has been set up to provide guidelines for an impact assessment of RE deployment in the power sector. Furthermore, to prove the feasibility of the guidelines, they are applied to the RETD countries and other selected countries. This project is carried out by a consortium led by Fraunhofer ISI in response to the call for tender "Economic and Industrial Development (EID - EMPLOY)" by the IEA-RETD. The consortium partners are Rütter + Partner and the Energy Economics Group at Vienna University of Technology.
last update: 2012-02-15

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