Solar, wind, and battery storage technologies are at the forefront of this transformation, offering cleaner and more sustainable energy sources. . Using data on thousands of permitting applications, I show that wind and solar projects can have highly heterogeneous impacts depending on their characteristics and location. In some cases this includes significant external local costs, and I conduct a hedonic analysis to quantify the impact on. . The Economic Costs of NIMBYism Evidence from Renewable Energy Projects Stephen Jarvis January 2021 (Click here for the latest version) Abstract Large infrastructure projects can create widespread societal benefits, but also frequently prompt strong local opposition. This is sometimes pejoratively. . However, some city dwellers who present energy transition projects are worried about imposing wind turbines and solar panels that, they say, will ruin the bucolic nature of their cities and lower the prices of their homes. However, the development of these projects often encounters local resistance, commonly referred to as NIMBY (Not In My Backyard). What Is “NIMBY” and How Does It Impact the Deployment of Renewable Energy Infrastructure? NIMBY stands for "Not In My Back Yard," a phenomenon where residents support. . “Not In My Back Yard” (NIMBY) conflicts have emerged as a significant challenge in the siting and construction of power grid projects.
[PDF Version]
Menu
