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Measuring multiple impacts of low-carbon energy options in a green economy context

  • The economic assessment of low-carbon energy options is the primary step towards the design of policy portfolios to foster the green energy economy. However, today these assessments often fall short of including important determinants of the overall cost-benefit balance of such options by not including indirect costs and benefits, even though these can be game-changing. This is often due to the lack of adequate methodologies. The purpose of this paper is to provide a comprehensive account of the key methodological challenges to the assessment of the multiple impacts of energy options, and an initial menu of potential solutions to address these challenges. The paper first provides evidence for the importance of the multiple impacts ofThe economic assessment of low-carbon energy options is the primary step towards the design of policy portfolios to foster the green energy economy. However, today these assessments often fall short of including important determinants of the overall cost-benefit balance of such options by not including indirect costs and benefits, even though these can be game-changing. This is often due to the lack of adequate methodologies. The purpose of this paper is to provide a comprehensive account of the key methodological challenges to the assessment of the multiple impacts of energy options, and an initial menu of potential solutions to address these challenges. The paper first provides evidence for the importance of the multiple impacts of energy actions in the assessment of low-carbon options. The paper identifies a few key challenges to the evaluation of the co-impacts of low-carbon options and demonstrates that these are more complex for co-impacts than for the direct ones. Such challenges include several layers of additionality, high context dependency, and accounting for distributional effects. The paper continues by identifying the key challenges to the aggregation of multiple impacts including the risks of overcounting while taking into account the multitude of interactions among the various co-impacts. The paper proposes an analytical framework that can help address these and frame a systematic assessment of the multiple impacts.show moreshow less

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Metadaten
Document Type:Peer-Reviewed Article
Author:Diana Ürge-Vorsatz, Agnes Kelemen, Sergio Tirado-Herrero, Stefan ThomasORCiDGND, Johannes Thema, Nora Mzavanadze, Dorothea Hauptstock, Felix Suerkemper, Jens Teubler, Mukesh Gupta, Souran Chatterjee
URN (citable link):https://nbn-resolving.org/urn:nbn:de:bsz:wup4-opus-64593
Year of Publication:2016
Language:English
Source Title (English):Applied energy
DOI:https://doi.org/10.1016/j.apenergy.2016.07.027
Volume:179
First Page:1409
Last Page:1426
Division:Energie-, Verkehrs- und Klimapolitik
Nachhaltiges Produzieren und Konsumieren
Dewey Decimal Classification:600 Technik, Medizin, angewandte Wissenschaften
OpenAIRE:OpenAIRE
Licence:License LogoIn Copyright - Urheberrechtlich geschützt