20% by 2020? Economy-wide impacts of energy efficiency improvement in Germany

Ulrike Lehr, Christian Lutz (), Martin Pehnt, Udo Lambrecht, Friedrich Seefeldt, Marco Wünsch, Barbara Schlomann and Tobias Fleiter
Additional contact information
Christian Lutz: GWS - Institute of Economic Structures Research
Martin Pehnt: GWS - Institute of Economic Structures Research
Udo Lambrecht: GWS - Institute of Economic Structures Research
Friedrich Seefeldt: GWS - Institute of Economic Structures Research
Marco Wünsch: GWS - Institute of Economic Structures Research
Barbara Schlomann: GWS - Institute of Economic Structures Research
Tobias Fleiter: GWS - Institute of Economic Structures Research

No 11-2, GWS Discussion Paper Series from GWS - Institute of Economic Structures Research

Abstract: The paper presents results of the implementation of an efficiency strategy in Germany until 2020 which is focused on cost-effective measures. The efficiency measures are calculated in bottom-up models and translated into a top-down macro-economic model. The comparison to a business as usual simulation shows some economy-wide rebound effects of about 17% of the overall energy savings. The analysis is limited to 2020. Given that an efficiency strategy is a long-term strategy, this puts the results on the rather conservative side. The results clearly show that improved energy efficiency results in a variety of positive effects on the economy and the environment. These range from reduced greenhouse gas emissions to improved competitiveness of firms and budget savings for consumers to economy wide impacts like additional employment and economic growth. Even the consideration of rebound effects did not change this picture significantly. Thus, exploiting the huge potential stemming from cost-effective efficiency measures should have high priority for the design of energy and climate policies.

Keywords: energy efficiency; bottom up scenario analysis; climate policy (search for similar items in EconPapers)
JEL-codes: Q43 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://papers.gws-os.com/gws-paper11-2.pdf (application/pdf)

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:gws:dpaper:11-2

Access Statistics for this paper

More papers in GWS Discussion Paper Series from GWS - Institute of Economic Structures Research Contact information at EDIRC.
Bibliographic data for series maintained by GWS mbH ().