Economic Impacts of Sustainable Electrification

Capucine Chapel ()
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Capucine Chapel: UMRH - Unité Mixte de Recherche sur les Herbivores - UMR 1213 - VAS - VetAgro Sup - Institut national d'enseignement supérieur et de recherche en alimentation, santé animale, sciences agronomiques et de l'environnement - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement

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Abstract: This chapter examines the economic impacts of electrification as a key component of the broader energy transition, through a literature review, concrete examples, and statistical analyses. At the macroeconomic level, the energy transition has a profound influence on energy security, reducing dependencies on finite fossil fuel resources and imported energy, while creating new vulnerabilities, transforming the job market with the rise of green sectors and the challenges of reconversion, and redefining the relationship between energy and economic growth in a context of opportunities and uncertainties. At the microeconomic level, it affects households and businesses differently depending on the context: in developed countries, the emphasis is on combating fuel poverty, while in developing countries, sustainable electrification remains an essential lever for reducing energy poverty. Finally, the chapter explores the strategic transformations of the financial, real estate, and insurance sectors, which play an important role in financing and adapting to this global transition.

Keywords: Microeconomic; Macroeconomic; Energy Transition; Electrification (search for similar items in EconPapers)
Date: 2026-05-01
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Published in Wiring the Future, Springer Nature Switzerland, pp.107-138, 2026, Palgrave Studies in Emerging Risk Management and Sustainable Finance, ⟨10.1007/978-3-032-14717-2_5⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-05642392

DOI: 10.1007/978-3-032-14717-2_5

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