Economy-wide impacts of road transport electrification in the EU
Bibliographic Data
| ID | 21400540 |
|---|---|
| Authors | Marie Tamba (0000-0003-1936-8545, Joint Research Center, corresponding author), Jette Krause (0000-0001-6768-6981, Joint Research Centre), Matthias Weitzel (0000-0003-3764-3731, Joint Research Center), Raileanu Ioan, Ioan Cristinel Raileanu (0000-0002-7297-1936), Louison Duboz (0000-0003-4051-0163, Joint Research Centre), Mónica Grosso (0009-0009-1114-6615, Joint Research Centre), Toon Vandyck (0000-0001-5927-0310, Joint Research Center) |
| Year | 2022 |
| Volume | 182 |
| Pages | 121803 |
| Publication date | 2022-09-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Technological Forecasting and Social Change (JOURNAL) |
| Journal identifiers | ISSN: 0040-1625 • E-ISSN: 1873-5509 |
| Publisher | Elsevier BV (PUBLISHER) |
| DOI | 10.1016/j.techfore.2022.121803 |
| PMID | 36061309 |
| OpenAlex | W4283212856 |
| Language | EN |
| Citations received | 4 |
| References cited | 21 |
While electrification of road transport is a key component of decarbonisation, the implications for the broader economy and related jobs remain underexplored. We quantify these impacts in the EU in a global Computable General Equilibrium (CGE) model, combining techno-economic assumptions about electric vehicles with deployment scenarios derived by energy models. We augment input-output tables underlying the JRC-GEM-E3 model with an explicit representation of vehicle manufacturing and upgrade the modelling of vehicle purchase and operation. Our findings illustrate that greater road transport electrification reduces the overall costs of climate mitigation, primarily driven by lower fuel costs for electric vehicles and a faster decline of battery costs. Transport electrification alters supply-chains and leads to structural shifts in employment from traditional vehicle manufacturing towards battery production, electricity supply and related investments. Finally, we expand the set of labour market indicators to cover skills and occupations, to refine the socio-economic assessments of climate policy
Battery (electricity) · Business · Computable general equilibrium · Economics · Electricity · Electrification · Environmental economics · European union · Industrial organization · International trade · Mains electricity · Microeconomics · Software deployment · Upgrade · Computer Science · Electric Vehicles and Infrastructure · Energy, Environment, and Transportation Policies · Engineering · Environmental Impact and Sustainability
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| Unique citing works | 4 |
|---|---|
| Citations per year | 1,33 |
| Citation span | 2023 - 2026 (4) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 3 |