The visual effect of wind turbines on property values is small and diminishing in space and time.
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ABSTRACT: 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 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 v
SUBMITTER: Guo W
PROVIDER: S-EPMC10990128 | biostudies-literature | 2024 Mar
REPOSITORIES: biostudies-literature
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