EconPapers    
Economics at your fingertips  
 

A matter of acceptability? Understanding citizen investment schemes in the context of onshore wind farm development

Jakob Knauf and Julia le Maitre

Renewable and Sustainable Energy Reviews, 2023, vol. 175, issue C

Abstract: Governments have set ambitious targets for low-carbon electricity, supported by policies that aim at accelerating the expansion of renewables like onshore wind energy. In-step with these developments it is acknowledged that community acceptance is an important factor. One measure deemed increasingly important for community acceptance is to encourage joint investments between local communities and wind farm developers. Through a literature review this study considers the synergies and mismatches of joint investments from residents, here referred as citizen investments, into developer-led wind farms. The practice of citizen investment into commercial wind developments is relatively novel but is becoming more relevant under policies which promote citizen involvement in renewable energy, such as the European Union's Renewable Energy Directive. This study conceptualizes citizen investment in the context of community acceptance to understand how it translates into eligibility criteria in different political and academic settings. This study finds that citizen investment has a positive relationship with community acceptance, but the link is conditional rather than automatic. This study sees the need to further elaborate on the nature of the relationship and highlights opportunities to bring together a variety of methodological, temporal and geographic approaches and theoretical concepts, considering the eligibility criteria and the trade-off between risks of citizen investments and control of projects.

Keywords: Wind energy; Citizen investment; Social acceptance; Ownership; Community energy; Participation; Literature review (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S136403212300014X
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:rensus:v:175:y:2023:i:c:s136403212300014x

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/600126/bibliographic
http://www.elsevier. ... 600126/bibliographic

DOI: 10.1016/j.rser.2023.113158

Access Statistics for this article

Renewable and Sustainable Energy Reviews is currently edited by L. Kazmerski

More articles in Renewable and Sustainable Energy Reviews from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-19
Handle: RePEc:eee:rensus:v:175:y:2023:i:c:s136403212300014x