TY - JOUR
T1 - Economic analysis for renewable electricity development with professional disaggregation
T2 - The case of Taiwan
AU - Wu, Kuei Yen
AU - Huang, Yun Hsun
AU - Wu, Jung Hua
N1 - Funding Information:
We are grateful for the support from the Ministry of Science and Technology, Taiwan under the project titled ‘Application of Input-Output Linear Programming Model to Electricity Allocation in Taiwan’ [grant numbers MOST 105-2410-H-006-076-]. We also immensely thank the anonymous reviewers and the Associate Editor for their valuable insights and comments.
Publisher Copyright:
© 2020 Elsevier Ltd
PY - 2021/1/10
Y1 - 2021/1/10
N2 - The Taiwanese government has set an ambitious goal of increasing the penetration of renewable energy in the power sector from 4.8% in 2016 to 20% by 2025. The enormous investment required to achieve these goals is expected to have wide ranging economic benefits. For example, the move toward a green economy will create a large number of new jobs and provide additional economic stimulus through on-going development. This study employs the input-output method in conjunction with questionnaire surveys to elucidate these effects. The sectors that are expected to see the greatest economic benefits include iron/steel/miscellaneous metals, electrical equipment and mechanical equipment. The accumulated economic output is expected to increase by 5.89 trillion NTD; meanwhile, employment in renewable electricity sectors is expected to increase by 142 thousand jobs. Note that 51.90% of the job increment will be for professionals and technical specialists. At present, the cultivation of special skills is dependent on in-house training. Industrial parks specializing in renewable energy should be established to promote the exchange of talent and technological innovations. In the manufacturing sector, 55.55% will be for craft related workers and elementary labourers. These changes will necessitate a reorganization of the workforce through government-academia-industry cooperation.
AB - The Taiwanese government has set an ambitious goal of increasing the penetration of renewable energy in the power sector from 4.8% in 2016 to 20% by 2025. The enormous investment required to achieve these goals is expected to have wide ranging economic benefits. For example, the move toward a green economy will create a large number of new jobs and provide additional economic stimulus through on-going development. This study employs the input-output method in conjunction with questionnaire surveys to elucidate these effects. The sectors that are expected to see the greatest economic benefits include iron/steel/miscellaneous metals, electrical equipment and mechanical equipment. The accumulated economic output is expected to increase by 5.89 trillion NTD; meanwhile, employment in renewable electricity sectors is expected to increase by 142 thousand jobs. Note that 51.90% of the job increment will be for professionals and technical specialists. At present, the cultivation of special skills is dependent on in-house training. Industrial parks specializing in renewable energy should be established to promote the exchange of talent and technological innovations. In the manufacturing sector, 55.55% will be for craft related workers and elementary labourers. These changes will necessitate a reorganization of the workforce through government-academia-industry cooperation.
UR - https://www.scopus.com/pages/publications/85089754907
UR - https://www.scopus.com/pages/publications/85089754907#tab=citedBy
U2 - 10.1016/j.jclepro.2020.123346
DO - 10.1016/j.jclepro.2020.123346
M3 - Article
AN - SCOPUS:85089754907
SN - 0959-6526
VL - 279
JO - Journal of Cleaner Production
JF - Journal of Cleaner Production
M1 - 123346
ER -