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DOI10.1016/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
ISSN0301-4215
EISSN1873-6777
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
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
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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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