Incorporating macroeconomic feedback into an energy systems model using an IO approach: Evaluating the rebound effect in the Korean electricity system

Howells, Mark; Jeong, Kiho; Langlois, Lucille; Lee, Man Ki; Nam, Kee-Yung; Rogner, Holger

doi:10.1016/j.enpol.2008.10.054

“…However, the employment effects are computed based only on a snapshot of the economy. Howells et al analyse emission rebound effects of investments in the power sector in South Korea [12]. They build on the methodology by Winkler et al [11].…”

Section: Literature Backgroundmentioning

confidence: 99%

“…They are described in the text following, the economic sectors highlighted and parameterised thereafter. Note that this model of economic ows for power sector investment was developed in the peer reviewed literature for South Korea [12],…”

Section: Economic Ows Associated With Power Plant Constructionmentioning

confidence: 99%

Integrated Input-Output and Systems Analysis Modelling: The Case of Tunisia.Part 1 - Energy technology Input-Output multipliers

Howells¹,

Necibi²,

Laitner³

et al. 2021

Preprint

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This paper examines four simple stereotypical electricity-sector investments and estimates selected direct and indirect job impacts. To do so, the analysis focuses on the development of a simple Input-Output model and generic financial descriptions of energy efficiency and renewable energy interventions. These are applied to the Tunisian electricity sector. Sensitivities are developed around the assumptions required to calibrate the resulting financial flows. All aspects of this analysis are open source and drawing from ubiquitously available social accounting matrices, with the aim of increasing their scalability and lowering the threshold of energy-economy modelling. This analysis is used to develop intermediate data for a dynamic systems model as well as to produce selected policy insights. They relate to: the payback period associated with energy efficiency investments; local content; capital intensity; and implications on gas (for power generation) imports. Associated with this are policy recommendations that relate to the choice of new power generation, the scheduling of energy efficiency programs and defining future data needs to better calibrate the analysis of those interventions.

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“…They are described in the text following, the economic sectors highlighted and parameterised thereafter. Note that this model of economic ows for power sector investment was developed in the peer reviewed literature for South Korea [12], South Africa [10] and is adapted for Tunisia here.…”

Section: Economic Ows Associated With Power Plant Constructionmentioning

confidence: 99%

Integrated Input-Output and Systems Analysis Modelling: The Case of Tunisia.Part 1 - Energy technology Input-Output multipliers

Howells

¹

,

Necibi

²

,

Laitner

³

et al. 2021

Preprint

Self Cite

3

0

View full text Add to dashboard Cite

This paper examines four simple stereotypical electricity-sector investments and estimates selected direct and indirect job impacts. To do so, the analysis focuses on the development of a simple Input-Output model and generic financial descriptions of energy efficiency and renewable energy interventions. These are applied to the Tunisian electricity sector. Sensitivities are developed around the assumptions required to calibrate the resulting financial flows. All aspects of this analysis are open source and drawing from ubiquitously available social accounting matrices, with the aim of increasing their scalability and lowering the threshold of energy-economy modelling. This analysis is used to develop intermediate data for a dynamic systems model as well as to produce selected policy insights. They relate to: the payback period associated with energy efficiency investments; local content; capital intensity; and implications on gas (for power generation) imports. Associated with this are policy recommendations that relate to the choice of new power generation, the scheduling of energy efficiency programs and defining future data needs to better calibrate the analysis of those interventions.

show abstract

“…Thomas and Azevedo [18] provided an analytical model of the indirect rebound effects from the environmentally-extended input-output (I-O) analysis. Howells et al [19] combined an I-O model with an optimizing energy systems model to evaluate the rebound effect in the Korean electricity system. Most literatures present quantitative estimates on rebound effects of some economic sectors, such as heavy industry [20], residential building [21], aviation sector [22], freight transport [23][24][25], thermal retrofits of existing homes [26], residential and road transport sectors [27,28], and households [29,30].…”

Section: Introductionmentioning

confidence: 99%

Heterogeneity in rebound effects: Estimated results and impact of China’s fossil-fuel subsidies

Li

¹

,

Lin

²

2015

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Incorporating macroeconomic feedback into an energy systems model using an IO approach: Evaluating the rebound effect in the Korean electricity system

Cited by 17 publications

References 10 publications

Integrated Input-Output and Systems Analysis Modelling: The Case of Tunisia.Part 1 - Energy technology Input-Output multipliers

Integrated Input-Output and Systems Analysis Modelling: The Case of Tunisia.Part 1 - Energy technology Input-Output multipliers

Integrated Input-Output and Systems Analysis Modelling: The Case of Tunisia.Part 1 - Energy technology Input-Output multipliers

Heterogeneity in rebound effects: Estimated results and impact of China’s fossil-fuel subsidies

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