Towards a green economy in Germany? The role of energy efficiency policies

Marc Ringel, Barbara Schlomann, Michael Krail and Clemens Rohde

Applied Energy, 2016, vol. 179, issue C, 1293-1303

Abstract: Energy efficiency policies play a key role in the transformation to a ‘green energy economy’. In this paper, we take stock of the impacts of the existing energy efficiency policy instruments in Germany and review the energy, environmental and socioeconomic impacts of the country’s latest energy efficiency and climate strategies for the year 2020. We find evidence supporting the findings of other studies that enhanced green energy policies will trigger tangible economic benefits in terms of GDP growth and new jobs even in the short term. Whereas policy makers have already acknowledged and implemented this conclusion in the case of renewable energies, our paper shows that striving for more ambitious energy efficiency policies represents a similar win–win strategy, which should be exploited to a much larger extent.

Keywords: Germany; Energy efficiency; Policy measures; Bottom-up analysis; Socioeconomic impacts (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (30)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S030626191630383X
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:appene:v:179:y:2016:i:c:p:1293-1303

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/405891/bibliographic
http://www.elsevier. ... 405891/bibliographic

DOI: 10.1016/j.apenergy.2016.03.063

Access Statistics for this article

Applied Energy is currently edited by J. Yan

More articles in Applied Energy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().