ENGLISH

Energy Efficiency and Renewable Energy Supply for the G-7 Countries, With Emphasis on Germany

By Jon Strand

Book information

Publisher
International Monetary Fund
Year
2007
ISBN
9781451913156, 9781451868623
LCC
HD9502.G32 -- S77 2007ebeb
Language
english
Format
EPUB
Filesize
1 MB (1137528 bytes)
Series
IMF Working Papers
Edition
1
Pages
37\0
Time added
2023-08-06 04:04:29
Renewable energy sources -- Economic aspects -- Gr

Description

This paper discusses structure, impact, costs, and efficiency of renewable energy supply in the eight largest advanced economies (the G-7 plus Spain), with focus on Germany. Renewables production costs are compared to benefits, defined as reductions in net carbon emissions; technological innovation, and increased energy security. The latter part of the paper centers on Germany, the main European producer of non-traditional renewables. We question whether the level of subsidies can be justified, relative to other means to increase energy security and reduce carbon emissions. We also find an excessive emphasis on current productive activity, relative to development of new technologies.

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