Economic Impacts and Benefits of Wind Energy Projects and Other Sources of Electric Generation

Book Chapter

Title: Economic Impacts and Benefits of Wind Energy Projects and Other Sources of Electric Generation
Authors: Walker, R.; Swift, A.
Publication Date:
May 01, 2015
Book Title: Wind Energy Essentials: Societal, Economic, and Environmental Impacts
Published City: Hoboken, New Jersey
Chapter: 19
Pages: 357-373
Publisher: John Wiley & Sons, Inc.
Receptor:

Document Access

Website: External Link

Citation

Walker, R.; Swift, A. (2015). Economic Impacts and Benefits of Wind Energy Projects and Other Sources of Electric Generation. Wind Energy Essentials: Societal, Economic, and Environmental Impacts (pp. 357-373). Hoboken, New Jersey: John Wiley & Sons, Inc.
Abstract: 

This chapter focuses on the economic impacts of wind energy projects. An announcement of a new electric generation project in or near a community is likely to draw opposition from people who perceive that the project will be harmful to the community, whether the project will be using wind power, solar energy, nuclear energy, natural gas, biomass, landfill gas, or coal to produce electricity. The chapter provides the impacts potentially detrimental to the region's economy. Some of the economic impacts that developers of any type of electric generation project must consider or address during the project design phase includes: environmental impacts that may translate to reduced property values, impacts on the local job market, and impacts on local roads, utilities, and emergency services. Reasons often cited for granting tax abatements to businesses may include creation of new jobs in the area and providing access to services for residents.

 

This is a book chapter in Wind Energy Essentials: Societal, Economic, and Environmental Impacts.

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