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环境与能源经济学workshop：To see or not to see: The visual (dis)amenity value of wind turbines
发布日期：2024-03-01 12:00 来源：
环境与能源经济学讲座：To see or not to see: The visual (dis)amenity value of wind turbines
主讲人：Wei Guo（CMCC and EIEE）
时间：2024年3月1日（周五）上午10:00-12:00（北京时间）
地点：北京大学承泽园249教室
摘要：
Renewable power generation is the key to decarbonizing the electricity system. Wind power is the fastest growing renewable source of electricity in the United States. However, expanding wind capacity often faces local opposition, partly due to a perceived visual disamenity from large wind turbines. Here, we provide a first-of-its-kind US-wide assessment of the externality costs of wind power generation through the visibility impact on property values. To this end, we create a database on wind turbine visibility, combining information on the site and height of each utility-scale turbine having fed power into the U.S. grid, with a high-resolution elevation map to account for the underlying topography of the landscape. Building on hedonic valuation theory, we statistically estimate the impact of wind turbine visibility on home values, informed by data from the majority of home sales in the U.S. since 1997. We find that on average wind turbine visibility negatively affects home values in an economically and statistically significant way in close proximity (<5 miles/8 km). However, the effect is indistinguishable from zero for larger distances, substantially smaller for wind turbines that were installed more recently, and diminishes significantly over time following the installation of turbines.
主讲人简介：
Wei Guo is a post-doc scholar at Euro-Mediterranean Center on Climate Change (CMCC) and RFF-CMCC European Institute on Economics and the Environment (EIEE). Her research is situated at the intersection of Climate and Environmental Economics with Urban Economics, with a focus on climate adaptation, climate hazards, renewable energy, and digital innovation. She obtained her PhD in Agriculture and Resource Economics from UC Berkeley in 2023.
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环境与能源经济学workshop：To see or not to see: The visual (dis)amenity value of wind turbines
发布日期：2024-03-01 12:00 来源：
环境与能源经济学讲座：To see or not to see: The visual (dis)amenity value of wind turbines
主讲人：Wei Guo（CMCC and EIEE）
时间：2024年3月1日（周五）上午10:00-12:00（北京时间）
地点：北京大学承泽园249教室
摘要：
Renewable power generation is the key to decarbonizing the electricity system. Wind power is the fastest growing renewable source of electricity in the United States. However, expanding wind capacity often faces local opposition, partly due to a perceived visual disamenity from large wind turbines. Here, we provide a first-of-its-kind US-wide assessment of the externality costs of wind power generation through the visibility impact on property values. To this end, we create a database on wind turbine visibility, combining information on the site and height of each utility-scale turbine having fed power into the U.S. grid, with a high-resolution elevation map to account for the underlying topography of the landscape. Building on hedonic valuation theory, we statistically estimate the impact of wind turbine visibility on home values, informed by data from the majority of home sales in the U.S. since 1997. We find that on average wind turbine visibility negatively affects home values in an economically and statistically significant way in close proximity (<5 miles/8 km). However, the effect is indistinguishable from zero for larger distances, substantially smaller for wind turbines that were installed more recently, and diminishes significantly over time following the installation of turbines.
主讲人简介：
Wei Guo is a post-doc scholar at Euro-Mediterranean Center on Climate Change (CMCC) and RFF-CMCC European Institute on Economics and the Environment (EIEE). Her research is situated at the intersection of Climate and Environmental Economics with Urban Economics, with a focus on climate adaptation, climate hazards, renewable energy, and digital innovation. She obtained her PhD in Agriculture and Resource Economics from UC Berkeley in 2023.
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