Economic Impact of Scotland's Renewable Energy Sector

James Black; Mairi Spowage

Economic Impact of Scotland's Renewable Energy Sector

James Black, Mairi Spowage

Economics

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Abstract

Central to any strategy in mitigating climate changes is the use of renewable energy sources. However, renewable energy is also being increasingly recognised as an opportunity for economic development.

This report quantifies the contribution of renewable activities to employment, output, and gross value added in Scotland. This includes employment and activity in Scotland that are supported directly and through spill-over impacts by Scotland’s renewable energy sector.

We find that Scotland's renewable activities support £5.2bn of output, £2.3bn of GVA and 22,660 full-time equivalent employment in the Scottish economy.

A significant amount of the FTE employment was supported by onshore wind (8,780), offshore wind (4,700), hydropower (3,290), bioenergy (2,630) and renewable heat (2,390).

Original language	English
Number of pages	10
Journal	Fraser of Allander Economic Commentary
Volume	45
Issue number	3
Publication status	Published - 3 Jun 2021

Keywords

renewable energy
Scotland
energy
input output
economics
economic modelling

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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Black-Spowage-FAI-2021-Economic-Impact-of-Scotlands-RenewableFinal published version, 764 KB

Scottish Renewables – partnership proposal
Spowage, M. (Principal Investigator) & Black, J. (Co-investigator)
Scottish Renewables Forum Ltd
12/01/20 → 30/10/20
Project: Knowledge Exchange (Services/Consultancy)

Cite this

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N2 - Central to any strategy in mitigating climate changes is the use of renewable energy sources. However, renewable energy is also being increasingly recognised as an opportunity for economic development.This report quantifies the contribution of renewable activities to employment, output, and gross value added in Scotland. This includes employment and activity in Scotland that are supported directly and through spill-over impacts by Scotland’s renewable energy sector.We find that Scotland's renewable activities support £5.2bn of output, £2.3bn of GVA and 22,660 full-time equivalent employment in the Scottish economy.A significant amount of the FTE employment was supported by onshore wind (8,780), offshore wind (4,700), hydropower (3,290), bioenergy (2,630) and renewable heat (2,390).

AB - Central to any strategy in mitigating climate changes is the use of renewable energy sources. However, renewable energy is also being increasingly recognised as an opportunity for economic development.This report quantifies the contribution of renewable activities to employment, output, and gross value added in Scotland. This includes employment and activity in Scotland that are supported directly and through spill-over impacts by Scotland’s renewable energy sector.We find that Scotland's renewable activities support £5.2bn of output, £2.3bn of GVA and 22,660 full-time equivalent employment in the Scottish economy.A significant amount of the FTE employment was supported by onshore wind (8,780), offshore wind (4,700), hydropower (3,290), bioenergy (2,630) and renewable heat (2,390).

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KW - Scotland

KW - energy

KW - input output

KW - economics

KW - economic modelling

M3 - Article

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VL - 45

JO - Fraser of Allander Economic Commentary

JF - Fraser of Allander Economic Commentary

IS - 3

ER -

Economic Impact of Scotland's Renewable Energy Sector

Abstract

Keywords

UN SDGs

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Projects

Scottish Renewables – partnership proposal

Cite this