J 2023

Predicting structural changes of the energy sector in an input-output framework

WIMMER, Lorenz; Jan KLUGE; Hannes ZENZ a Christian KIMMICH

Základní údaje

Originální název

Predicting structural changes of the energy sector in an input-output framework

Autoři

WIMMER, Lorenz (40 Rakousko); Jan KLUGE (40 Rakousko); Hannes ZENZ (40 Rakousko) a Christian KIMMICH (276 Německo, domácí)

Vydání

Energy, Oxford, Elsevier, 2023, 0360-5442

Další údaje

Jazyk

angličtina

Typ výsledku

Článek v odborném periodiku

Obor

50202 Applied Economics, Econometrics

Stát vydavatele

Velká Británie a Severní Irsko

Utajení

není předmětem státního či obchodního tajemství

Impakt faktor

Impact factor: 9.000

Kód RIV

RIV/00216224:14230/23:00132042

Organizační jednotka

Fakulta sociálních studií

UT WoS

000904914700001

EID Scopus

2-s2.0-85145566196

Klíčová slova anglicky

Input coefficients; Fractional multinomial logit; Renewable energy; Structural change; National accounts

Štítky

Příznaky

Mezinárodní význam, Recenzováno
Změněno: 31. 10. 2023 09:45, Mgr. Blanka Farkašová

Anotace

V originále

The share of renewable energies has to increase significantly in the ongoing energy transition. Such a shift in production technology is expected to have noticeable effects on the energy sector's input structure that is required for its output. This study examines how changes in a country's energy mix affect its energy sector's input coefficients within an input-output framework, using Austria's renewable expansion act as a case study. Predicting input coefficients can be time-consuming and often relies on trends in past data. Our empirical approach is based on a fractional econometric model using panel data on the energy mix and input structures of energy sectors for 26 European countries, and can be efficiently and readily applied to the 26 countries covered in the model. We illustrate the prediction of input coefficients for Austria's energy sector in 2030. We find that input shares from the energy sector to itself would remain high, while mining inputs would decrease. Our model also predicts that increasing the share of renewable energy sources comes with a significant decrease in the share of labor inputs, mainly because operating renewable energy technologies requires less labor than operating non-renewable ones. The presented method allows to assess renewable energy policy plans to anticipate the effects of structural changes in national energy sectors.

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