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 the coming decades. Conflicts may arise between, on t...
Published in: | Sustainability |
---|---|
Main Authors: | , |
Format: | Text |
Language: | English |
Published: |
Multidisciplinary Digital Publishing Institute
2021
|
Subjects: | |
Online Access: | https://doi.org/10.3390/su13126892 |
id |
ftmdpi:oai:mdpi.com:/2071-1050/13/12/6892/ |
---|---|
record_format |
openpolar |
spelling |
ftmdpi:oai:mdpi.com:/2071-1050/13/12/6892/ 2023-08-20T04:09:27+02:00 The Socio-Economic Cost of Wind Turbines: A Swedish Case Study Hans Westlund Mats Wilhelmsson agris 2021-06-18 application/pdf https://doi.org/10.3390/su13126892 EN eng Multidisciplinary Digital Publishing Institute Economic and Business Aspects of Sustainability https://dx.doi.org/10.3390/su13126892 https://creativecommons.org/licenses/by/4.0/ Sustainability; Volume 13; Issue 12; Pages: 6892 sustainability wind turbines capitalization housing values hedonic analysis Text 2021 ftmdpi https://doi.org/10.3390/su13126892 2023-08-01T01:58:50Z 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 the coming decades. Conflicts may arise between, on the one hand, the government and the energy authority, and, on the other hand, municipalities and property owners, especially if this expansion affects other economic activities, such as tourism and reindeer husbandry, or property values. This report aims to analyse the negative capitalization of wind turbines on property values in Sweden over the last ten years. Our conclusions clearly show a relatively significant capitalization and that this capitalization is relatively local, within eight kilometers of the wind power plant. Large wind turbines, or larger clusters of wind turbines in wind farms, impose a greater socio-economic cost on lower value properties. Text reindeer husbandry MDPI Open Access Publishing Sustainability 13 12 6892 |
institution |
Open Polar |
collection |
MDPI Open Access Publishing |
op_collection_id |
ftmdpi |
language |
English |
topic |
sustainability wind turbines capitalization housing values hedonic analysis |
spellingShingle |
sustainability wind turbines capitalization housing values hedonic analysis Hans Westlund Mats Wilhelmsson The Socio-Economic Cost of Wind Turbines: A Swedish Case Study |
topic_facet |
sustainability wind turbines capitalization housing values hedonic analysis |
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 the coming decades. Conflicts may arise between, on the one hand, the government and the energy authority, and, on the other hand, municipalities and property owners, especially if this expansion affects other economic activities, such as tourism and reindeer husbandry, or property values. This report aims to analyse the negative capitalization of wind turbines on property values in Sweden over the last ten years. Our conclusions clearly show a relatively significant capitalization and that this capitalization is relatively local, within eight kilometers of the wind power plant. Large wind turbines, or larger clusters of wind turbines in wind farms, impose a greater socio-economic cost on lower value properties. |
format |
Text |
author |
Hans Westlund Mats Wilhelmsson |
author_facet |
Hans Westlund Mats Wilhelmsson |
author_sort |
Hans Westlund |
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 |
Multidisciplinary Digital Publishing Institute |
publishDate |
2021 |
url |
https://doi.org/10.3390/su13126892 |
op_coverage |
agris |
genre |
reindeer husbandry |
genre_facet |
reindeer husbandry |
op_source |
Sustainability; Volume 13; Issue 12; Pages: 6892 |
op_relation |
Economic and Business Aspects of Sustainability https://dx.doi.org/10.3390/su13126892 |
op_rights |
https://creativecommons.org/licenses/by/4.0/ |
op_doi |
https://doi.org/10.3390/su13126892 |
container_title |
Sustainability |
container_volume |
13 |
container_issue |
12 |
container_start_page |
6892 |
_version_ |
1774722399702351872 |