EconPapers    
Economics at your fingertips  
 

Renewable energy investment and job creation; a cross-sectoral assessment for the Czech Republic with reference to EU benchmarks

Petr Dvořák, Stanislav Martinát, Dan Van der Horst, Bohumil Frantál and Kamila Tureckova

Renewable and Sustainable Energy Reviews, 2017, vol. 69, issue C, 360-368

Abstract: The development of renewable energy sources has been primarily justified on the ground of environmental policies and energy security, but new jobs opportunities and establishment of new economy sectors may be equally important co-benefits from investments in this sector. The main goal of this paper is to assess the employment benefits of investments in renewable energy in the Czech Republic. We examine the level and rate of the development of the renewable energy sector in the Czech Republic in terms of ('green‘) job creation for the period 2008–2013, in comparison to data from other EU countries, including Germany as a leading early investor in renewables. Whilst the deployment of renewable energy in the Czech Republic has succeeded to create a significant number of jobs (more than 20 000 employees in 2010), our analysis illustrates a strong dependency of job creation on the continuation of financial incentives. We also find that biomass and waste energy processing offer the highest employment per MWh, which benefits employment in (economically fragile) rural areas. We discuss the question of competitiveness of a country that was not amongst the early adopters of renewables, arguing that the technical skills of the labour force in the Czech Republic provide a potential for more sustained investments in the sector.

Keywords: Renewable energy; Green jobs; Rural employment; Financial incentives (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (20)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1364032116309121
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:rensus:v:69:y:2017:i:c:p:360-368

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/600126/bibliographic
http://www.elsevier. ... 600126/bibliographic

DOI: 10.1016/j.rser.2016.11.158

Access Statistics for this article

Renewable and Sustainable Energy Reviews is currently edited by L. Kazmerski

More articles in Renewable and Sustainable Energy Reviews from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-23
Handle: RePEc:eee:rensus:v:69:y:2017:i:c:p:360-368