Economic Effects of the Renewable Energy Expansion Act

Project Lead: Christian Kimmich
Team: Barbara Angleitner, Jan Kluge, Elisabeth Laa, Sarah Lappöhn, Kerstin Plank, Alexander Schnabl, Lorenz Wimmer, Hannes ZenzLiliana Mateeva and Theresa Bürscher
Duration: March 2021 – February 2022
Funding: Advancement project of the Federal Ministry for Climate Action, Environment, Energy, Mobility, Innovation and Technology (BMK)

The objective is to assess the growth and employment impacts of the Austrian Renewable Energy Expansion Act, especially the green electricity billion. To calculate the economic impacts, the already existing input-output model at IHS will be extended by the corresponding energy satellite accounts and scenarios will be developed. This project is intended to support the efforts at IHS to strengthen core research competences in the field of environmental economics.