The economy-wide effects of large-scale renewable electricity expansion in Europe
Published in Renewable Energy, 2019
Recommended citation: Bachner, G., Steininger, K.W., Williges, K., and Tuerk, A. 2019. The economy-wide effects of large-scale renewable electricity expansion in Europe: the role of integration costs. Renewable Energy, 134, pp. 1369-1380.
We quantify the macroeconomic effects of a large-scale expansion of wind and photovoltaics (PV) in Europe, employing a global multi-regional multi-sectoral computable general equilibrium (CGE) model, with special emphasis on electricity market integration costs.