Valuing the Visual Disamenity of Offshore Wind Projects at Varying Distances from the Shore: An Application on the Delaware Shoreline

Andrew D. Krueger (), George Parsons and Jeremy Firestone ()
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Andrew D. Krueger: University of Delaware
Jeremy Firestone: University of Delaware

No 11-04, Working Papers from University of Delaware, Department of Economics

Abstract: Several offshore wind power projects are under consideration in the United States. A concern with any wind power project is the visual disamenity it may create. Using a stated preference choice model, we estimated the external costs to residents of the State of Delaware for offshore wind turbines located at different distances from the coast. The annual costs to inland residents was $19, $9, $1, and $0 (2006$) for turbines located at 1, 3.6, 6, and 9 miles offshore. The cost to residents living on the ocean was $80, $69, $35, and $27 for the same increments.

Keywords: Windfarms; View Disamenity; Valuation (search for similar items in EconPapers)
JEL-codes: Q51 (search for similar items in EconPapers)
Pages: 34 pages
Date: 2011
New Economics Papers: this item is included in nep-ene, nep-env and nep-ppm
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Citations: View citations in EconPapers (49)

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