Please use this identifier to cite or link to this item: http://hdl.handle.net/1893/7700
Appears in Collections:Economics Journal Articles
Peer Review Status: Refereed
Title: Concurrent and legacy economic and environmental impacts from establishing a marine energy sector in Scotland
Authors: Allan, Grant
Bryden, Ian
McGregor, Peter G
Stallard, Tim
Swales, J Kim
Turner, Karen
Wallace, Robin
Contact Email: karen.turner@stir.ac.uk
Keywords: Wave energy
Computable general equilibrium
Economic impacts
Issue Date: Jul-2008
Publisher: Elsevier
Citation: Allan G, Bryden I, McGregor PG, Stallard T, Swales JK, Turner K & Wallace R (2008) Concurrent and legacy economic and environmental impacts from establishing a marine energy sector in Scotland, Energy Policy, 36 (7), pp. 2734-2753.
Abstract: We examine the economic and environmental impact that the installation of 3 GW of marine energy capacity would have on Scotland. This is not a forecast, but a projection of the likely effects of meeting the Scottish Government's targets for renewable energy through the development of a marine energy sector. Energy, with a particular focus on renewables, is seen by the Scottish Government as a "key sector", with high growth potential and the capacity to boost productivity (Scottish Government, 2007a. The Government Economic Strategy. The Scottish Government, Edinburgh). The key nature of this sector has been identified through targets being set for renewable energy to achieve environmental and economic benefits. Using a regional computable general equilibrium (CGE) model of Scotland we show that the development of a marine energy sector can have substantial and beneficial impacts on GDP, employment and the environment over the lifetime of the devices, given the encouragement of strong indigenous inter- industry linkages. Furthermore, there are also substantial "legacy" effects that persist well beyond the design life of the devices.
Type: Journal Article
URI: http://hdl.handle.net/1893/7700
DOI Link: http://dx.doi.org/10.1016/j.enpol.2008.02.020
Rights: Publisher policy allows this work to be made available in this repository. Published in Energy Policy by Elsevier. The original publication is available at http://dx.doi.org/10.1016/j.enpol.2008.02.020
Affiliation: University of Strathclyde
University of Edinburgh
University of Strathclyde
University of Manchester
University of Strathclyde
Economics
University of Edinburgh

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