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Offshore Wind: Employment and value creation of EPCI exports in Norway

Abstract

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.

Category

Academic article

Language

English

Affiliation

  • SINTEF Industry / Sustainable Energy Technology
  • SINTEF Community / Mobility and Economics

Year

2021

Published in

Journal of Physics: Conference Series (JPCS)

ISSN

1742-6588

Publisher

IOP Publishing

Volume

2018

Issue

012004

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