Wind Watch is a registered educational charity, founded in 2005. |
Cost of Wind: The Negative Economic Effects of Global Wind Energy Development
Author: | Economics
Translate: FROM English | TO English
Translate: FROM English | TO English
Abstract: This paper provides a structured literature review of the negative economic effects associated with the development of wind energy and synthesized the evidence at an abstract level. We then developed an analytical framework to systematically review economic issues such as volatility, electricity price, housing values, and unemployment in relation to wind energy. Global wind energy development data from the time period from 2000 through 2019 were included for a more robust analysis. This period encompasses the vast majority of total global installed wind energy capacity. After amalgamating evidence from existing studies and data banks, we discuss the policy implications, suggest avenues for future research, and propose solutions to mitigate externalities. By understanding the negative economic impact created by the expansion of wind energy, we can better equip policy makers and developers to create more efficient and sustainable energy policy to benefit citizens and preserve the environment for generations to come.
John Dorrell and Keunjae Lee
Economics Department, Pusan National University, Jangjeon‐dong, Geumjeong‐gu, Busan, Korea
Energies 2020, 13, 3667; doi:10.3390/en13143667
Download original document: “The Cost of Wind: Negative Economic Effects of Global Wind Energy Development”
This material is the work of the author(s) indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.
The copyright of this material resides with the author(s). As part of its noncommercial educational effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Queries e-mail.
Wind Watch relies entirely on User Funding |
(via Stripe) |
(via Paypal) |
Share:
Tags: Wind power, Wind energy