气候变化领域集成服务门户(CCPortal): Do views of offshore wind energy detract? A hedonic price analysis of the Block Island wind farm in Rhode Island

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DOI	10.1016/j.enpol.2022.113060
	Do views of offshore wind energy detract? A hedonic price analysis of the Block Island wind farm in Rhode Island
	Dong L.; Lang C.
发表日期	2022
ISSN	0301-4215
卷号	167
英文摘要	Social concern and disapproval of offshore wind by coastal communities causes delays and costs to offshore wind development. One concern is property value impacts stemming from a loss of pristine ocean views. We evaluate this concern using the Block Island Wind Farm (BIWF), the first of its kind in the United States. While the BIWF has fewer turbines than currently proposed offshore wind developments, it is situated about 26 km [16 miles] from the Rhode Island mainland, which is a policy relevant distance, given that proposed US developments tend to be 21–32 km from coastlines. Using properties from the mainland, we estimate difference-in-differences hedonic valuation models with treatment defined by views of BIWF. Across many specifications and samples, we find no evidence of negative impacts to property values. Coefficient estimates are both negative and positive, but none are statistically distinguishable from zero. We additionally estimate hedonic models using properties on Block Island, which is only 4.8 km from the BIWF, meaning the BIWF is more of a visually dominant feature there as compared to the mainland. These models similarly find insignificant effects of views. In sum, our findings suggest that the viewshed impacts of the BIWF were minimal. © 2022 Elsevier Ltd
英文关键词	Block island; Digital surface model; Hedonic model; LiDAR; Offshore wind energy; Property values; Valuation
语种	英语
scopus关键词	Offshore oil well production; Offshore wind farms; Block island; Digital surface models; Hedonic model; LiDAR; Off-shore wind energy; Offshore winds; Property value; Rhode Island; Valuation; Wind farm; Electric utilities; alternative energy; energy policy; lidar; model validation; renewable resource; wind farm; wind power; Block Island; Rhode Island; United States
来源期刊	Energy Policy
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/256164
作者单位	Department of Environmental and Natural Resource Economics, University of Rhode Island, United States
推荐引用方式 GB/T 7714	Dong L.,Lang C.. Do views of offshore wind energy detract? A hedonic price analysis of the Block Island wind farm in Rhode Island[J],2022,167.
APA	Dong L.,&Lang C..(2022).Do views of offshore wind energy detract? A hedonic price analysis of the Block Island wind farm in Rhode Island.Energy Policy,167.
MLA	Dong L.,et al."Do views of offshore wind energy detract? A hedonic price analysis of the Block Island wind farm in Rhode Island".Energy Policy 167(2022).