Arbeitspapier

Energy from Waste: Generation Potential and Mitigation Opportunity

The present research proposes a macroeconomic assessment of the role of waste incineration with energy recovery (WtE) and controlled landfill biogas to electricity generation and their potential contribution to a CO2 emission reduction policy, within a recursive-dynamic computable general equilibrium model. From the modelling viewpoint, introducing these energy sectors in such a framework required both the extension of the GTAP7 database and the improvement of the ICES production nested function. We focus our analysis on Italy as a signatory of the GHG reduction commitment of 20% by 2020 wrt 1990 levels proposed by the European Community; the rest of the world is represented by 21 geo-political countries/regions. It is shown that albeit in the near future WtE and landfill biogas will continue to represent a limited share of energy inputs in electricity sector (in Italy, around 2% for WtE and 0.6% for biogas in 2020) they could play a role in a mitigation policy context. The GDP cost of the EU emission reduction target for the Italian economy can indeed be reduced by 1% when the two energy generating options are available. In absolute terms, this translates into an annuitized value of 87-122 million €.

Sprache
Englisch

Erschienen in
Series: Nota di Lavoro ; No. 38.2014

Klassifikation
Wirtschaft
Computable General Equilibrium Models
Macroeconomics: Consumption, Saving, Production, Employment, and Investment: Forecasting and Simulation: Models and Applications
Alternative Energy Sources
Energy and the Macroeconomy
Climate; Natural Disasters and Their Management; Global Warming
Thema
Climate Change
Mitigation
Energy From Waste

Ereignis
Geistige Schöpfung
(wer)
Bosello, Francesco
Campagnolo, Lorenza
Eboli, Fabio
Parrado, Ramiro
Ereignis
Veröffentlichung
(wer)
Fondazione Eni Enrico Mattei (FEEM)
(wo)
Milano
(wann)
2014

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Bosello, Francesco
  • Campagnolo, Lorenza
  • Eboli, Fabio
  • Parrado, Ramiro
  • Fondazione Eni Enrico Mattei (FEEM)

Entstanden

  • 2014

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