Workflow from Scientific Research

Open access visualization of Workflow, Flowchart, Power Sector Decarbonization, Capacity Changes, Investments

#Workflow #Flowchart #Power Sector Decarbonization #Capacity Changes #Investments #Electricity Production #Operational Costs #IO Model #Supply Chain Changes #Industry Output #Demand Changes #Workers #Occupation #Occupational Networks #Skill Mismatch #Skill Shortage

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DOI: 10.1016/j.joule.2024.12.004

DOI

First, we calculate the cost of the power sector decarbonization, both in terms of capacity changes (investments), and electricity production (operational costs) of different technologies. The IO model then calculates the direct and upstream supply chain changes in terms of industry output and, subsequently, demand changes for workers per occupation. Finally, we use occupational networks to calculate skill mismatch and skill shortage frictions.

DOI

10.1016/j.joule.2024.12.004

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