 Willingness to accept local wind energy development: Does the compensation mechanism matter?Jorge García, Todd Cherry, Steffen Kallbekken and Asbjørn Torvanger Energy Policy, 2016, vol. 99, issue C, 165-173 Abstract: Wind power development projects often include compensation for the affected communities, but little is known about the efficacy of the alternative compensation mechanisms. This study addresses this question by examining the relative potential of private and public compensation. We conduct a Choice Experiment (CE) that investigates household preferences of compensation for the local siting of a hypothetical wind park. Households chose among different alternatives, where each alternative was characterized by three varying attributes: the number of turbines, the level of private compensation, and the level of public compensation. Results indicate the wind park imposes welfare losses to local residents and non-local recreational users, with about 35% of these losses corresponding to non-use values. Findings show that households prefer public compensation to private compensation, with household’s willingness to accept being lower with public compensation than private compensation. This finding suggests that estimates of local resistance to wind development depends on the compensation mechanism. Keywords: Wind energy; Local impacts; Local communities, Compensation mechanisms; Choice experiments (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:99:y:2016:i:c:p:165-173 DOI: 10.1016/j.enpol.2016.09.046 Access Statistics for this article Energy Policy is currently edited by N. France More articles in Energy Policy from Elsevier |
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