The macroeconomic effects of ambitious energy efficiency policy in Germany – Combining bottom-up energy modelling with a non-equilibrium macroeconomic model
Authors (M-Five):
Johannes Hartwig, Dr. Wolfgang Schade
Other authors:
Judit Kockat, Sibylle Braungardt (Fraunhofer ISI)
About:
The technology models each simulate a reference scenario and an energy efficiency scenario for the industry, households and services sectors. By linking the technology model with the ASTRA model, the bottom-up impulses are transferred to the sectoral level in ASTRA. ASTRA’s input-output and employment models are used to determine the macroeconomic effects of efficiency policy. The results show gains for growth and employment in Germany.
