Annoyance and welfare costs from the presence of renewable energy power plants: an application of the contingent valuation method
Lina Lourenço-Gomes (),
Sara Sousa () and
Marieta Valente ()
Additional contact information
Sara Sousa: Instituto Politéctnico de Coimbra, ISCAC
No 60, NIMA Working Papers from Núcleo de Investigação em Microeconomia Aplicada (NIMA), Universidade do Minho
Sustainability is frequently defined by its three pillars: economically viable, socially equitable, and environmentally bearable. Consequently the evaluation of the sustainability of any decision, public or private, requires information on these three dimensions. This paper focuses on social sustainability. In the context of renewable energy sources, the examination of social sustainability requires the analysis of not only the efficiency but also the equity of its welfare impacts. The present paper proposes and applies a methodology to generate the information necessary to do a proper welfare analysis of the social sustainability of renewable energy production facilities. This information is key both for an equity and an efficiency analysis. The analysis focuses on the case of investments in renewable energy electricity production facilities, where the impacts on local residents’ welfare are often significantly different than the welfare effects on the general population. We apply the contingent valuation method to selected facilities across the different renewable energy power plants located in Portugal and conclude that local residents acknowledge differently the damage sustained by the type, location and operation of the plants. The results from these case studies attest to the need of acknowledging and quantifying the negative impacts on local communities when assessing the economic viability, social equity and environmental impact of renewable energy projects.
Keywords: Sustainability; Renewable Energy Sources; Contingent Valuation; Public Attitudes (search for similar items in EconPapers)
JEL-codes: Q4 (search for similar items in EconPapers)
Pages: 18 pages
New Economics Papers: this item is included in nep-ene and nep-env
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
http://www3.eeg.uminho.pt/publications/NIMAwp60.pdf full text (application/pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:nim:nimawp:60/2015
Ordering information: This working paper can be ordered from
NIMA, EEG - Universidade do Minho, 4710-057 Braga, Portugal
The price is free.
Access Statistics for this paper
More papers in NIMA Working Papers from Núcleo de Investigação em Microeconomia Aplicada (NIMA), Universidade do Minho NIMA, EEG - Universidade do Minho, 4710-057 Braga, Portugal.
Bibliographic data for series maintained by NIMA ().