Short and long term labour market effects of an increase of renewable energy
The impacts on employment of an increased use of renewable energy have been assessed in the short and long run. Special focus was set on gross employment in the sectors production of plants for using renewable energy, operation and service of this sector and supply of bio fuels. In the long run, net effects for the total economy including employment have been calculated with the macro-econometric model PANTA RHEI taking negative effects like substitution and budget effects into account. The simulation model integrates energy, environmental and economic aspects in a consistent modeling framework. The model PANTA RHEI serves as a base for quantifying the effects of a business-as-usual scenario and different scenarios of a more ambitious use of renewable energy.
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Our figure of the month 08/2022: A development against the trend: growth in the number of apprentices for the occupation of plant mechanic for sanitary, heating, and air-conditioning technology in the last decade
Both the German government's heat pump offensive and the sharp rise in energy prices due to Russia's war against Ukraine are currently boosting demand for heat pumps and solar thermal systems…
Our figure of the month 05/2022: Strong increase in timber prices due to rising global demand, supply bottlenecks and trade embargoes
Forestry and sawmills benefit
After both raw wood prices and industrial producer prices for wood in Germany stagnated for years or declined from mid-2018 to the end of 2020, they have since…