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DOI | 10.1016/j.enpol.2023.113425 |
Shedding light on large-scale solar impacts: An analysis of property values and proximity to photovoltaics across six US states | |
Elmallah, Salma; Hoen, Ben; Fujita, K. Sydny; Robson, Dana; Brunner, Eric | |
发表日期 | 2023 |
ISSN | 0301-4215 |
EISSN | 1873-6777 |
卷号 | 175页码:18 |
英文摘要 | We examine the impact of large-scale photovoltaic projects (LSPVPs) on residential home prices in six U.S. states that account for over 50% of the installed MW capacity of large-scale solar in the U.S. Our analysis of over 1,500 LSPVPs and over 1.8 million home transactions answers two questions: (1) what effect do LSPVPs have on home prices and (2) does the effect of LSPVP on home prices differ based on the prior land use on which LSPVPs are located, LSPVP size, or a home's urbanicity? We find that homes within 0.5 mi of a LSPVP experience an average home price reduction of 1.5% compared to homes 2-4 mi away; statistically significant effects are not measurable over 1 mi from a LSPVP. These effects are only measurable in certain states, for LSPVPs constructed on agricultural land, for larger LSPVPs, and for rural homes. Our results have two implications for policymakers: (1) measures that ameliorate possible negative impacts of LSPVP development, including compensation for neighbors, vegetative shading, and land use co-location are relevant especially to rural, large, or agricultural LSPVPs, and (2) place-and project-specific assessments of LSPVP development and policy practices are needed to understand the heterogeneous impacts of LSPVPs. |
英文关键词 | Solar energy; Property values; Renewable energy; Economic impacts; Difference-in-difference |
学科领域 | Economics; Energy & Fuels; Environmental Sciences; Environmental Studies |
语种 | 英语 |
WOS研究方向 | Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology |
WOS记录号 | WOS:000954929400001 |
来源期刊 | ENERGY POLICY
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文献类型 | 期刊论文 |
条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/272257 |
作者单位 | United States Department of Energy (DOE); Lawrence Berkeley National Laboratory; University of Connecticut |
推荐引用方式 GB/T 7714 | Elmallah, Salma,Hoen, Ben,Fujita, K. Sydny,et al. Shedding light on large-scale solar impacts: An analysis of property values and proximity to photovoltaics across six US states[J],2023,175:18. |
APA | Elmallah, Salma,Hoen, Ben,Fujita, K. Sydny,Robson, Dana,&Brunner, Eric.(2023).Shedding light on large-scale solar impacts: An analysis of property values and proximity to photovoltaics across six US states.ENERGY POLICY,175,18. |
MLA | Elmallah, Salma,et al."Shedding light on large-scale solar impacts: An analysis of property values and proximity to photovoltaics across six US states".ENERGY POLICY 175(2023):18. |
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