The socio-economic cost of wind turbines : A Swedish case study
The expansion of wind turbines plays a significant role in developing the ability of a country like Sweden to achieve climate-neutral energy production without relying on nuclear power plants. Wind-turbine energy production is expected to grow in coming decades. Conflicts may arise between, on the o...
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ftkthstockholm:oai:DiVA.org:kth-295785 2023-05-15T18:06:17+02:00 The socio-economic cost of wind turbines : A Swedish case study Westlund, Hans Wilhelmsson, Mats application/pdf http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-295785 eng eng KTH, Urbana och regionala studier KTH, Fastighetsekonomi och finans orcid:0000-0002-2080-6859 orcid:0000-0002-9944-0510 http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-295785 info:eu-repo/semantics/openAccess sustainability wind turbines capitalisation housing values hedonic analysis Economics and Business Ekonomi och näringsliv Manuscript (preprint) info:eu-repo/semantics/preprint text ftkthstockholm 2022-08-11T12:34:39Z The expansion of wind turbines plays a significant role in developing the ability of a country like Sweden to achieve climate-neutral energy production without relying on nuclear power plants. Wind-turbine energy production is expected to grow in coming decades. Conflicts may arise between, on the one hand, the government and the energy authority, and, on the other hand, between municipalities and property owners, especially if this expansion affects other economic activities, such as tourism and reindeer husbandry, or affects property values. This report aims to analyse the negative capitalisation of wind turbines on property values in Sweden over the last ten years. Our conclusions clearly show a relatively significant capitalisation, and that this capitalisation is relatively local, within ten kilometres of the wind power plant. Large wind turbines, or larger clusters of wind turbines in wind farms, impose a greater socio-economic cost in lower property values. QC 20210527 Report reindeer husbandry Royal Institute of Technology, Stockholm: KTHs Publication Database DiVA |
institution |
Open Polar |
collection |
Royal Institute of Technology, Stockholm: KTHs Publication Database DiVA |
op_collection_id |
ftkthstockholm |
language |
English |
topic |
sustainability wind turbines capitalisation housing values hedonic analysis Economics and Business Ekonomi och näringsliv |
spellingShingle |
sustainability wind turbines capitalisation housing values hedonic analysis Economics and Business Ekonomi och näringsliv Westlund, Hans Wilhelmsson, Mats The socio-economic cost of wind turbines : A Swedish case study |
topic_facet |
sustainability wind turbines capitalisation housing values hedonic analysis Economics and Business Ekonomi och näringsliv |
description |
The expansion of wind turbines plays a significant role in developing the ability of a country like Sweden to achieve climate-neutral energy production without relying on nuclear power plants. Wind-turbine energy production is expected to grow in coming decades. Conflicts may arise between, on the one hand, the government and the energy authority, and, on the other hand, between municipalities and property owners, especially if this expansion affects other economic activities, such as tourism and reindeer husbandry, or affects property values. This report aims to analyse the negative capitalisation of wind turbines on property values in Sweden over the last ten years. Our conclusions clearly show a relatively significant capitalisation, and that this capitalisation is relatively local, within ten kilometres of the wind power plant. Large wind turbines, or larger clusters of wind turbines in wind farms, impose a greater socio-economic cost in lower property values. QC 20210527 |
format |
Report |
author |
Westlund, Hans Wilhelmsson, Mats |
author_facet |
Westlund, Hans Wilhelmsson, Mats |
author_sort |
Westlund, Hans |
title |
The socio-economic cost of wind turbines : A Swedish case study |
title_short |
The socio-economic cost of wind turbines : A Swedish case study |
title_full |
The socio-economic cost of wind turbines : A Swedish case study |
title_fullStr |
The socio-economic cost of wind turbines : A Swedish case study |
title_full_unstemmed |
The socio-economic cost of wind turbines : A Swedish case study |
title_sort |
socio-economic cost of wind turbines : a swedish case study |
publisher |
KTH, Urbana och regionala studier |
url |
http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-295785 |
genre |
reindeer husbandry |
genre_facet |
reindeer husbandry |
op_relation |
orcid:0000-0002-2080-6859 orcid:0000-0002-9944-0510 http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-295785 |
op_rights |
info:eu-repo/semantics/openAccess |
_version_ |
1766177889200373760 |