General equilibrium impact evaluation of food top-up induced by households’ renewable power self-supply in 141 regions

Abstract

This article employs a global computable general equilibrium economic model (GTAP-E-PowerS) to examine the impact on the world economy if households in every country self-supply power to meet 30-100% of residential demand, with subsequent monetary savings diverted to consuming more food. Results show the power generation sector reduces output levels by 14%-42% across various countries if households 100% self-supply. Coal mining sectors are adversely affected in numerous countries with contractions of 9%-28%

Recent innovations in solar energy education and research towards sustainable energy development

“…Further developments in solar energy require developing more reliable and sustainable energy materials for energy conversion and storage. Solar energy technologies must be strengthened to provide clean water through effective desalination, clean air through solar-powered carbon capture methods, thermal management of buildings, and wastewater treatment technologies [155][156][157][158]. Implementation of such green technologies can create more jobs and sustainable energy infrastructure [159].…”

Global Supply Chain Risk and China’s Economy: Major Public Health Crisis Insights

“…In addition, the GTAP model has been applied to the environmental field in recent years. Following the construction of the GTAP-E model by Burniaux and Truong (2002), a wide range of studies begin to use the extended model to explore environment-related topics (Peters, 2016;Nguyen et al, 2022). Furthermore, there is a growing number of studies using GTAP model to simulate the economic impact of COVID-19, which is the most relevant literature to our study.…”