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| 1 |
ID:
109336
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| Publication |
2011.
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| Summary/Abstract |
A transition to a renewable energy system is high on the policy agenda in many countries. A promising energy source for a low-carbon energy future is wind. Policy-makers can attract wind energy development by providing attractive policy frameworks. This paper argues that apart from the level of financial support, both the risks stemming from the regulatory environment (legal security, administrative process and grid access) and the ability to finance projects play a critical role in determining the attractiveness of the development environment. It sheds light on how project developers trade off these different aspects and to what extent the attractiveness of a certain policy framework increases with the introduction of specific measures. Conjoint analysis is employed to provide empirical evidence on the preference of wind energy developers in the EU and the US. The analysis shows that developers' preferences are very similar across the studied regions and for different types of developers. Which policy measures could be most valuable depends on the specific existing environment. In some southeastern European countries, a reduction of administrative process duration may yield the highest utility gains, whereas, in the US, improvements in grid access regulation and an increase in remuneration levels may be more effective.
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| 2 |
ID:
178826
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| Summary/Abstract |
Wind power development has rapidly expanded in rural areas in the United States. Numerous studies addressing the impacts of wind development on rural communities focus on overall economic, environmental, and social effects (Brown et al., 2012; Kahn, 2013; Mulvaney et al., 2013). This research builds on those to add the impacts of substantial wind power development on community services and the cost of living, focusing on eleven rural counties with wind energy development over 1000 MW in five different states in the U.S. The research uses descriptive statistical analysis to document county-level changes in the population size, employment, and poverty rate before and after hosting substantial wind projects from 1990 to 2015. Qualitative analysis of interviews and county documents identified data on and perceptions of the impacts of the wind projects on tax revenues as well as community services. We find that wind development tax income improved community services without any noticeable increases in required community services or cost of living. From a policy perspective, these results are most relevant for local governors and planners, who seek to balance the cost and benefits of wind farms to the rural community.
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