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Stocker A.,SERI Sustainable Europe Research Institute | Grossmann A.,Institute of Economic Structures Research | Madlener R.,RWTH Aachen | Wolter M.I.,Institute of Economic Structures Research
Energy Policy | Year: 2011

This paper reports on the Austrian research project "Renewable energy in Austria: Modeling possible development trends until 2020". The project investigated possible economic and ecological effects of a substantially increased use of renewable energy sources in Austria. Together with stakeholders and experts, three different scenarios were defined, specifying possible development trends for renewable energy in Austria. The scenarios were simulated for the period 2006-2020, using the integrated environment-energy-economy model "e3.at". The modeling results indicate that increasing the share of renewable energy sources in total energy use is an important but insufficient step towards achieving a sustainable energy system in Austria. A substantial increase in energy efficiency and a reduction of residential energy consumption also form important cornerstones of a sustainable energy policy. © 2011 Elsevier Ltd.

Lutz C.,Institute of Economic Structures Research | Lehr U.,Institute of Economic Structures Research | Ulrich P.,Institute of Economic Structures Research
International Journal of Energy Economics and Policy | Year: 2014

The paper builds on a study "Policy Scenarios for Climate Protection VI". In the Current Policy Scenario (CPS) all measures which have been implemented by July 8 2011 are considered. In the Energy Transformation Scenario (ETS) additional measures are included to reach the climate targets of the German government until 2030. Both policy scenarios build on the same socio-economic assumptions and just differ by climate protection measures. Investment in climate protection will reduce energy consumption in the long term and shift it towards low or zero carbon energy carriers. Scenarios are implemented in the model PANTA RHEI. Results of more ambitious climate protection measures are positive: Annual gross domestic product will be 25 to 30 billion Euros higher in the ETS compared to the CPS. Positive employment impacts are in the range of 200 thousand additional jobs. Energy efficiency improvements increasingly contribute via reduced energy imports in the long term. © 2014, Econjournals. All rights reserved.

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