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GTAP Resource #6644

"Impacts of changes in Germany's electricity mix: A dynamic analysis through 2050"
by Jafari, Yaghoob, Helena Engemann, Thomas Heckelei and Karlo Hainsch


Abstract
To meet the net zero emission target by 2045, Germany has planned to phase out coal from electricity production by 2038 and increase electricity production from alternative sources through technological advancements. We examine the impacts of related measures on CO2 emissions, electricity security, and economic output at national and regional levels using a regionalized dynamic computable general equilibrium model. Our results reveal that phasing out coal from the electricity mix reduces electricity generation and increases imports but only slightly reduces electricity supply and economic output. The reduction in CO2 emissions in Germany is significant but insufficient to reach the 2045 net zero emission target. Additional technology advancements in alternative electricity productions accompanying the phase-out may have limited effects on the supply of electricity, economic outputs, and CO2 emissions.


Resource Details (Export Citation) GTAP Keywords
Category: Other CGE Application
Status: Published
By/In: Utilities Policy , Volume 82, June 2023, 101583
Date: 2023
Version: final
Created: Jafari, Y. (4/15/2022)
Updated: Jafari, Y. (5/29/2023)
Visits: 493
- Advances in quantitative methods
- Climate change policy
- GTAP Data Base and extensions
- Domestic policy analysis
- European Union


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