Open AccessOffshore Wind: Employment and value creation of EPCI exports in Norway
Author(s) -
Fabián Rocha Aponte,
Torben Juul Andersen,
Vibeke Stærkebye Nørstebø,
K T Uggen,
E L Bjelle,
K S Wiebe
Publication year - 2021
Publication title -
journal of physics. conference series
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.21
H-Index - 85
eISSN - 1742-6596
pISSN - 1742-6588
DOI - 10.1088/1742-6596/2018/1/012004
Subject(s) - offshore wind power , procurement , energy sector , macro , submarine pipeline , value (mathematics) , business , wind power , industrial organization , environmental economics , economics , engineering , computer science , marketing , electrical engineering , geotechnical engineering , machine learning , programming language
The objective of this study is to investigate the value creation potential and the employment effects for the offshore wind engineering, procurement, construction and installation (EPCI) sector in Norway up to 2030 considering multiple scenarios. We perform our analysis using a macro-econometric input-output model that allows to observe how changes in one sector affects the remaining sectors of the economy. To highlight the uncertain nature of some of the outlooks and industry inputs for an emerging sector, several scenarios will be investigated. By providing information about net employment and value creation effects per sector, policy makers can implement appropriate measures to maximize the potential posed by the offshore wind industry. Furthermore, measures can be taken to mitigate any potential negative effects that the energy transition can have.