Wind Turbines, Solar Farms, and House Prices
| Autor: | Hans R.A. Koster, Martijn Dröes |
|---|---|
| Přispěvatelé: | Faculteit Economie en Bedrijfskunde, Finance (ABS, FEB), Spatial Economics, Tinbergen Institute |
| Jazyk: | angličtina |
| Rok vydání: | 2021 |
| Předmět: |
Wind power
business.industry 020209 energy Environmental engineering 02 engineering and technology Units of energy Detailed data 010501 environmental sciences Management Monitoring Policy and Law 01 natural sciences Turbine Renewable energy General Energy 0202 electrical engineering electronic engineering information engineering Environmental science Production (economics) SDG 7 - Affordable and Clean Energy business 0105 earth and related environmental sciences |
| Zdroj: | Energy Policy, 155:112327. Elsevier Energy Policy, 155:112327. Elsevier BV Dröes, M I & Koster, H R A 2021, ' Wind turbines, solar farms, and house prices ', Energy Policy, vol. 155, 112327 . https://doi.org/10.1016/j.enpol.2021.112327 |
| ISSN: | 0301-4215 |
| Popis: | This paper examines the effect of wind turbines and solar farms on house prices. Using detailed data from the Netherlands between 1985 and 2019, the results show that tall wind turbines have considerably stronger effects on house prices, as compared to small turbines. For example, a tall turbine (>150m) decreases house prices within 2 km by 5.4 % , while a small turbine ( 2 % and the effect dissipates after 1 km. Further results indicate that solar farms lead to a decrease in house prices within 1 km of about 2.6 % . By comparing the overall impact on house prices, we show that the external effects of solar farms per unit of energy output are comparable to those of wind turbines. Thus, building solar farms instead of wind turbines does not seem to be a way to avoid the external effects of renewable energy production. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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