The Green Economy in Bristol and the West of ... - Miguel Mendonça
The Green Economy in Bristol and the West of ... - Miguel Mendonça
The Green Economy in Bristol and the West of ... - Miguel Mendonça
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Section 1: Development <strong>in</strong> <strong>Green</strong> Technologies<br />
Energy Sav<strong>in</strong>gs Trust Jobs <strong>and</strong><br />
GVA Modell<strong>in</strong>g<br />
<strong>The</strong> Energy Sav<strong>in</strong>g Trust’s (EST) Domestic<br />
Susta<strong>in</strong>able Energy Economic Impact Model<br />
estimates <strong>the</strong> direct, net <strong>and</strong> net additional economic<br />
effects <strong>of</strong> <strong>in</strong>stall<strong>in</strong>g a range <strong>of</strong> different<br />
microgeneration technologies <strong>and</strong> domestic energy<br />
efficiency measures. It calculates both Gross Value<br />
Added (GVA) <strong>and</strong> jobs supported (FullTime<br />
Equivalency or FTE). <strong>The</strong> modell<strong>in</strong>g tool was used <strong>in</strong><br />
a 2011 analysis <strong>of</strong> emissions reduction options <strong>and</strong><br />
Table 9. EST CO2 Reduction Estimates to Meet 2020 Target<br />
Note. Comb<strong>in</strong>ed data from tables on pages 3 <strong>and</strong> 6 <strong>of</strong> EST, 2011.<br />
Direct Effects<br />
This is an estimation <strong>of</strong> <strong>the</strong> direct effects that <strong>the</strong><br />
measures modelled have on GVA <strong>and</strong> job creation. It<br />
estimates <strong>the</strong> value <strong>of</strong> direct sales (<strong>the</strong> total cost <strong>of</strong><br />
<strong>in</strong>stallation), <strong>the</strong> levels <strong>of</strong> employment directly<br />
Note. Jobs figures rounded from orig<strong>in</strong>al<br />
Table 10. 2020 34 Percent Reduction Scenario Modelled by<br />
EST 20<br />
predicted effects <strong>in</strong> <strong>the</strong> <strong>West</strong> <strong>of</strong> Engl<strong>and</strong>. <strong>The</strong> table<br />
below shows emissions from 2005 by unitary<br />
authority, <strong>the</strong> reductions required by 2020 to meet<br />
<strong>the</strong> 34% target set out <strong>in</strong> <strong>the</strong> Climate Change Act,<br />
<strong>and</strong> <strong>the</strong> reductions possible under a given reduction<br />
scenario for <strong>the</strong> region. <strong>The</strong> measures are cavity wall<br />
<strong>in</strong>sulation, l<strong>of</strong>t <strong>in</strong>sulation, solid wall <strong>in</strong>sulation, solar<br />
PV, solar <strong>the</strong>rmal <strong>and</strong> boiler upgrades.<br />
supported by <strong>in</strong>stallation dem<strong>and</strong>, <strong>and</strong> <strong>the</strong> GVA<br />
directly created (<strong>the</strong> levels <strong>of</strong> employment supported<br />
times <strong>the</strong> average GVA/head for <strong>in</strong>stallation).<br />
<strong>The</strong> <strong>Green</strong> <strong>Economy</strong> <strong>in</strong> <strong>Bristol</strong> <strong>and</strong> <strong>the</strong> <strong>West</strong> <strong>of</strong> Engl<strong>and</strong><br />
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