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| 1 |
ID:
091701
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2009.
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| Summary/Abstract |
This paper aims at developing an integrated approach for estimating the employment benefits associated with power-generation technologies. The proposed approach exploits the input-output methodology for estimating the direct, indirect and induced employment effects associated with the energy project in question, as well as two different valuation techniques, namely the "opportunity cost of labour" approach and the "public expenditures" approach, for expressing these effects in monetary terms. This framework has been implemented to estimate the employment benefits resulting from the development of a lignite-fired and a natural gas-fired power plant in Greece, taking into account all the stages of the corresponding fuel cycles that are undertaken domestically. The results of the analysis clearly show that lignite-fired electricity generation results in significant employment benefits amounting to 2.9-3.5 €/MWh in the basic scenario. On the other hand, the employment benefits associated with the examined natural gas unit were estimated at 0.4-0.6 €/MWh in the basic scenario. It is also worth mentioning that the significant environmental externalities of the lignite-fired electricity in Greece that have been presented in a number of studies can only be partially compensated by the estimated employment benefits.
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| 2 |
ID:
121362
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2013.
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| Summary/Abstract |
The aim of this paper is twofold: first, to calculate the "green" energy investments, by industrial sector, that Greece would need in order to satisfy a number of energy and environmental targets adopted in the context of the European Commission's energy and climate change package; and second, to calculate the macro-economic impacts of these "green" investments on production and employment in the Greek economy. To this end, the input-output analysis has been exploited for estimating the direct, indirect and induced macroeconomic effects associated with the implementation of selected energy conservation measures, the promotion of renewable energy technologies, etc. Our findings show that the required investments would reach the amount of €47.9 billion, over the period 2010-2020. These investments will result in an average annual increase of the national product by €9.4 billion, creating simultaneously 108,000 full-time equivalent jobs for the entire period under consideration. The employment generated per €1 million investment is relatively higher in energy saving projects in buildings and transport in comparison with the development of RES in power generation sector.
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