The Socio-economic impact of decarbonising geographical Islands' energy systems
The impact of the transition to energy autonomy on two geographical island’s local economies, through maximising renewable energy generation and storage, is assessed. The different sectors and activities that impact employment and income generation in the local economies of each of the islands are...
| Main Authors: | , , , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Aalborg University Open Publishing
2024-04-01
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| Series: | International Journal of Sustainable Energy Planning and Management |
| Online Access: | https://discurso.aau.dk/index.php/sepm/article/view/7922 |
| _version_ | 1797228686440660992 |
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| author | Nkiru Agu Nkiru Agu Gobind Pillai Dana Abi Ghanem Stergios Vakalis Tracey Crosbie Xihui Haviour Chen Dias Haralambopoulos |
| author_facet | Nkiru Agu Nkiru Agu Gobind Pillai Dana Abi Ghanem Stergios Vakalis Tracey Crosbie Xihui Haviour Chen Dias Haralambopoulos |
| author_sort | Nkiru Agu |
| collection | DOAJ |
| description |
The impact of the transition to energy autonomy on two geographical island’s local economies, through maximising renewable energy generation and storage, is assessed. The different sectors and activities that impact employment and income generation in the local economies of each of the islands are described. An empirical assessment approach based on the Keynesian Income Multiplier (KIM) is developed and applied using Analytical Hierarchy Process (AHP). Data for AHP was collated through interviews with local experts and stakeholders on each island. Gender employment and wage data was used to calculate the impact on female waged employment within the islands’ economic sectors. The analysis conducted showed that the induced local economic impact per unit of electrical energy due to the new RES-based autonomy in all sectors for male waged employment for both islands, exceeds its unit cost (LCOE). While the profits from per unit of electrical energy for the female waged employment only exceeded the unit cost (LCOE) in tourism for La Graciosa, and three other sectors in Gotland. The local economic impact from decarbonisation and 100% energy autonomy is significantly influenced by how the income from this renewable energy is recirculated within the island’s economic sectors, most essentially, tourism. Our findings suggest that strategies for community ownership and training local people to manage renewable energy facilities is necessary to maximise the benefits of the transition to energy autonomy on local communities.
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| first_indexed | 2024-04-24T15:00:38Z |
| format | Article |
| id | doaj.art-212abb85116e432281ed4b1c9b2429cc |
| institution | Directory Open Access Journal |
| issn | 2246-2929 |
| language | English |
| last_indexed | 2024-04-24T15:00:38Z |
| publishDate | 2024-04-01 |
| publisher | Aalborg University Open Publishing |
| record_format | Article |
| series | International Journal of Sustainable Energy Planning and Management |
| spelling | doaj.art-212abb85116e432281ed4b1c9b2429cc2024-04-02T15:26:07ZengAalborg University Open PublishingInternational Journal of Sustainable Energy Planning and Management2246-29292024-04-014010.54337/ijsepm.7922The Socio-economic impact of decarbonising geographical Islands' energy systemsNkiru Agu0Nkiru Agu1Gobind Pillai2Dana Abi Ghanem3Stergios Vakalis4Tracey Crosbie5Xihui Haviour Chen6Dias Haralambopoulos7a:1:{s:5:"en_US";s:19:"Teesside UNiversity";}Teesside UNiversityTeesside UniversityTeesside UniversityUniversity of the AegeanTeesside UniversityKeel UniversityUniversity of the Aegean The impact of the transition to energy autonomy on two geographical island’s local economies, through maximising renewable energy generation and storage, is assessed. The different sectors and activities that impact employment and income generation in the local economies of each of the islands are described. An empirical assessment approach based on the Keynesian Income Multiplier (KIM) is developed and applied using Analytical Hierarchy Process (AHP). Data for AHP was collated through interviews with local experts and stakeholders on each island. Gender employment and wage data was used to calculate the impact on female waged employment within the islands’ economic sectors. The analysis conducted showed that the induced local economic impact per unit of electrical energy due to the new RES-based autonomy in all sectors for male waged employment for both islands, exceeds its unit cost (LCOE). While the profits from per unit of electrical energy for the female waged employment only exceeded the unit cost (LCOE) in tourism for La Graciosa, and three other sectors in Gotland. The local economic impact from decarbonisation and 100% energy autonomy is significantly influenced by how the income from this renewable energy is recirculated within the island’s economic sectors, most essentially, tourism. Our findings suggest that strategies for community ownership and training local people to manage renewable energy facilities is necessary to maximise the benefits of the transition to energy autonomy on local communities. https://discurso.aau.dk/index.php/sepm/article/view/7922 |
| spellingShingle | Nkiru Agu Nkiru Agu Gobind Pillai Dana Abi Ghanem Stergios Vakalis Tracey Crosbie Xihui Haviour Chen Dias Haralambopoulos The Socio-economic impact of decarbonising geographical Islands' energy systems International Journal of Sustainable Energy Planning and Management |
| title | The Socio-economic impact of decarbonising geographical Islands' energy systems |
| title_full | The Socio-economic impact of decarbonising geographical Islands' energy systems |
| title_fullStr | The Socio-economic impact of decarbonising geographical Islands' energy systems |
| title_full_unstemmed | The Socio-economic impact of decarbonising geographical Islands' energy systems |
| title_short | The Socio-economic impact of decarbonising geographical Islands' energy systems |
| title_sort | socio economic impact of decarbonising geographical islands energy systems |
| url | https://discurso.aau.dk/index.php/sepm/article/view/7922 |
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