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Part of book or chapter of book . 2015
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Part of book or chapter of book . 2015 . Peer-reviewed
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Part of book or chapter of book . 2015
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Economic Impacts of Future Changes in the Energy System—National Perspectives

National Perspectives
Authors: Glynn, James; Fortes, Patricia; Krook-Riekkola, Anna; Labriet, Maryse; Vielle, Marc; Kypreos, Socrates; Lehtilä, Antti; +11 Authors

Economic Impacts of Future Changes in the Energy System—National Perspectives

Abstract

In a climate constrained future, hybrid energy-economy model coupling gives additional insight into interregional competition, trade, industrial delocalisation and overall macroeconomic consequences of decarbonising the energy system. Decarbonising the energy system is critical in mitigating climate change. This chapter summarises modelling methodologies developed in the ETSAP community to assess economic impacts of decarbonising energy systems at a national level. The preceding chapter focuses on a global perspective. The modelling studies outlined here show that burden sharing rules and national revenue recycling schemes for carbon tax are critical for the long-term viability of economic growth and equitable engagement on combating climate change. Traditional computable general equilibrium models and energy systems models solved in isolation can misrepresent the long run carbon cost and underestimate the demand response caused by technological paradigm shifts in a decarbonised energy system. The approaches outlined within have guided the first evidence based decarbonisation legislation and continue to provide additional insights as increased sectoral disaggregation in hybrid modelling approaches is achieved.

Countries
Switzerland, France
Keywords

690, Reference Scenario, 330, [SDE.PLT]Environmental Sciences/domain_sde.plt, [ SDE.PLAN ] Environmental Sciences/domain_sde.plan, Computable General Equilibrium, SDG 8 - Decent Work and Economic Growth, Demand Response, [SDE.PLAN]Environmental Sciences/domain_sde.plan, Energy System, [ SDE.PLT ] Environmental Sciences/domain_sde.plt, [SDE.PLAN]Environmental Sciences/Energy planning, [SDE.PLT]Environmental Sciences/Long-term future, Economic Impact, Electricity Price

  • BIP!
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    citations
    This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    18
    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Top 10%
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    Top 10%
    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
    Top 10%
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citations
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
18
Top 10%
Top 10%
Top 10%