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Job creation and economic impact of renewable energy in Netherlands

Author

Listed:
  • Tatyana Bulavskaya

    (TNO - The Netherlands Organisation for Applied Scientific Research)

  • Frédéric Reynés

    (OFCE - Observatoire français des conjonctures économiques (Sciences Po) - Sciences Po - Sciences Po)

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

Suggested Citation

  • Tatyana Bulavskaya & Frédéric Reynés, 2018. "Job creation and economic impact of renewable energy in Netherlands," Post-Print hal-03458307, HAL.
    • Handle: RePEc:hal:journl:hal-03458307
    DOI: 10.1016/j.renene.2017.09.039
    Note: View the original document on HAL open archive server: https://sciencespo.hal.science/hal-03458307
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    References listed on IDEAS

    as
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    6. Reynès Frédéric G. & Paul Malliet, 2017. "Assessing Low Carbon and Resilient Growth in Indonesia: An application of the ThreeME model," Working Papers hal-01708487, HAL.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

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    4. Lucio Laureti & Alessandro Massaro & Alberto Costantiello & Angelo Leogrande, 2023. "The Impact of Renewable Electricity Output on Sustainability in the Context of Circular Economy: A Global Perspective," Sustainability, MDPI, vol. 15(3), pages 1-29, January.
    5. Frédéric Reynés, 2019. "The Cobb-Douglas function as a flexible function: A new perspective on homogeneous functions through the lens of output elasticities," SciencePo Working papers Main hal-03403639, HAL.
    6. Hong, Xudong & Wu, Shengnan & Zhang, Xueliang, 2022. "Clean energy powers energy poverty alleviation: Evidence from Chinese micro-survey data," Technological Forecasting and Social Change, Elsevier, vol. 182(C).
    7. Ahmad Bathaei & Dalia Štreimikienė, 2023. "Renewable Energy and Sustainable Agriculture: Review of Indicators," Sustainability, MDPI, vol. 15(19), pages 1-24, September.
    8. Luo, Shihua & Hu, Weihao & Liu, Wen & Cao, Di & Du, Yuefang & Zhang, Zhenyuan & Chen, Zhe, 2022. "Impact analysis of COVID-19 pandemic on the future green power sector: A case study in the Netherlands," Renewable Energy, Elsevier, vol. 191(C), pages 261-277.
    9. Zheng Guang‐Wen & Muntasir Murshed & Abu Bakkar Siddik & Md Shabbir Alam & Daniel Balsalobre‐Lorente & Haider Mahmood, 2023. "Achieving the objectives of the 2030 sustainable development goals agenda: Causalities between economic growth, environmental sustainability, financial development, and renewable energy consumption," Sustainable Development, John Wiley & Sons, Ltd., vol. 31(2), pages 680-697, April.

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