Regional economic and environmental impacts of wind power developments: A case study of a German region
Ernst Worrell and
Energy Policy, 2019, vol. 132, issue C, 499-514
Wind power is an important technology in the transition towards a low carbon economy. This paper covers the regional impacts of wind power developments in a small German region. Wind power developments with a cumulative capacity of 63.1 MW which have been installed in 2017 in the Aachen region, generating 3901 GWh electricity from 2017 to 2037 lead to a regional value added of €50.8 million (or €805/kW). The avoided greenhouse gas emissions are 132,770 tCO2-equivalents in 2017 and the total economic impacts of value added, avoided greenhouse gases and air pollution ranging from €20.9 to €24.6 million (€332–389 per kW or €107–126 per MWh electricity generated) in 2017. From an environmental economic view, the generation of wind power is the most beneficial electricity generation technology in comparison to PV and lignite.
Keywords: Wind power; Regional economic impact; Regional economic impacts of renewable energy; Sustainable development; Environmental impact of renewable energy; Supply chain analysis (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:132:y:2019:i:c:p:499-514
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