Assessing the regional economic impacts of renewable energy sources – A literature review
Renewable and Sustainable Energy Reviews, 2018, vol. 93, issue C, 35-51
The transition of the global energy system is one of the main trends that offers opportunities as well as challenges for the economy. Most literature evaluates the impact of that transition at a national level. That view is broadened towards a regional scale. Due to the lower energy density of many renewable energy sources, renewable energy generation will be more decentralised, leading to potentially significant changes in the regional economy when transitioning to a renewable energy system. In this paper the current literature and methods of assessing regional economic impacts of a transition to renewable energy generation is reviewed. The findings suggest an overall need to clearly define the topics, such as technologies, that are assessed and the evaluated time period. A guideline for a regional impact assessment is provided, focusing on the suitability of applied impact assessment methods (employment ratios, supply chain analyses, input-output models, and computable general equilibrium models).
Keywords: Regional impacts of renewable energy; Economic impact assessment; Economy and renewable energy; Literature review renewable energy and economics; Guideline impact assessment; Renewable energy sources (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:rensus:v:93:y:2018:i:c:p:35-51
Ordering information: This journal article can be ordered from
http://www.elsevier. ... 600126/bibliographic
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 Dana Niculescu ().