Energy transition, a true vitamin cocktail for the local economy!


In its study “Economic impact of the energy transition at local level”, Energy Cities identified mechanisms through which energy transition measures stimulate the local economy.

Local authorities will find different approaches to assess and describe the economic and social benefits of their energy and climate policies.

The study is based on six case studies: five European local authorities (Brussels Capital, Copenhagen, Hanover, Kirklees and Paris Ile-de-France) and one US local authority (Nolan County). The analyses cover several areas: energy retrofitting of buildings, energy efficiency, renewable energy, cleantech, mobility, water treatment and waste management.

One example is that of Hanover (Germany), which created the proKlima fund in 1998 to finance climate protection action. Energy Cities reports the results of the input-output analysis carried out by the Pestel Institute to measure the impact of proKlima on the regional and national economies as well as the leverage effect of subsidies. The adjacent graph is a foretaste! (Click on the image to enlarge it.)

This work is, however, just the first step of a reflection Energy Cities would like to continue further in 2015 with a small team of network members and economic experts. Let us know if you are interested to be part of it!

The study is available in French and in English on request (free of charge for Energy Cities’ members).

This article is extracted from Energy Cities INFO magazine #43.

Economic impact of the energy transition at the local level: Methodologies and case studies
Energy Cities, December 2014
106 p., PDF format
ISBN: 978-2-9528748-1-6
Understanding the mechanisms that link the energy transition to a boost of the economy on the ground is indispensable to guide local energy transition policies more efficiently. Objective evidence of economic results is required, as is a better understanding of economic analysis methods, in order to equip local and regional authorities with the tools needed to demonstrate the benefits for all local players.
In this three-part study including six case studies from Europe and the United States,Energy Cities illustrates numerous socio-economic aspects of the energy transition and confirms its local economic benefits providing facts and figures.
First part – Potential and opportunities of green growth
Second part – Case studies, approaches and methodologies
Third part – Bibliography
Study supported by ADEME and Caisse des Dépôts

Download: PDF – 3 Mb

© images Shutterstock, graphic design tuttiquanti.net

About

Author

Floriane Cappelletti

Publication date

June 18, 2015