Economic effects of the green electricity billion

In a study funded by the BMK, IHS has calculated the economic effects of the expansion of biomass, biomethane, photovoltaics, hydropower and wind power in terms of investments and operating costs for the years 2021-2032.

In addition to value-added effects totaling 21.6 billion euros, there will be returns to the public purse from taxes and levies amounting to 8.1 billion euros in the period 2021-2032. The employment effect amounts to 254,000 full-time equivalents in the period under consideration; this corresponds to 25,400 full-time equivalent annual jobs secured over a ten-year investment period. From 2032 – when all plants are in operation – the EAEC has a gross employment effect of around 16,000 secured full-time equivalents per year.

Read the full study