Abstract
This chapter investigates the regional economic and mitigative effects on CO2 from installing renewable energy facilities, such as mega solar and wind power generation systems. The economic effects of renewable energy are often estimated using a regional input–output (I–O) model. However, when analyzing the economic effects on a small region, such as a municipality, an I–O table for the region may not be available. Therefore, we propose a versatile multiregional I–O model for estimating the regional economic effects of installing renewable energy. As an example, we analyze the effects of installing renewable energy facilities in an affected region of the Great East Japan Earthquake. As a result, it was observed that installing renewable energy facilities in the affected region and the supply of electricity by a conventional power source to the rest of Japan have larger effects on the regional economy.
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