The disamenity impact of solar farms: a hedonic analysis

David Maddison; Reece Ogier; Allan Beltran Hernandez

doi:10.3368/le.071220-0105R

The disamenity impact of solar farms: a hedonic analysis

David Maddison, Reece Ogier, Allan Beltran Hernandez

Economics

Research output: Contribution to journal › Article › peer-review

Abstract

Photovoltaic solar farms are utility-level ground-mounted arrays of interconnected panels converting sunlight into electricity. Little is known about the extent of any disamenity impact from photovoltaic solar farms, despite numerous examples of communities objecting to their construction. This paper analyses the disamenity impact of photovoltaic solar farms on households in England and Wales revealed by changes in property prices. Using a property fixed-effects model we find that properties ≤750m south of a >5MW operational solar farm suffer a 5.4 percent reduction in relative prices. The impact of solar farms ≤5MW or >750m, or situated south of properties is statistically insignificant.

Original language	English
Article number	071220-0105R
Journal	Land Economics
Early online date	21 Apr 2022
DOIs	https://doi.org/10.3368/le.071220-0105R
Publication status	E-pub ahead of print - 21 Apr 2022

Keywords

Solar
Photovoltaic
Hedonic

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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title = "The disamenity impact of solar farms: a hedonic analysis",

abstract = "Photovoltaic solar farms are utility-level ground-mounted arrays of interconnected panels converting sunlight into electricity. Little is known about the extent of any disamenity impact from photovoltaic solar farms, despite numerous examples of communities objecting to their construction. This paper analyses the disamenity impact of photovoltaic solar farms on households in England and Wales revealed by changes in property prices. Using a property fixed-effects model we find that properties ≤750m south of a >5MW operational solar farm suffer a 5.4 percent reduction in relative prices. The impact of solar farms ≤5MW or >750m, or situated south of properties is statistically insignificant. ",

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AB - Photovoltaic solar farms are utility-level ground-mounted arrays of interconnected panels converting sunlight into electricity. Little is known about the extent of any disamenity impact from photovoltaic solar farms, despite numerous examples of communities objecting to their construction. This paper analyses the disamenity impact of photovoltaic solar farms on households in England and Wales revealed by changes in property prices. Using a property fixed-effects model we find that properties ≤750m south of a >5MW operational solar farm suffer a 5.4 percent reduction in relative prices. The impact of solar farms ≤5MW or >750m, or situated south of properties is statistically insignificant.

KW - Solar

KW - Photovoltaic

KW - Hedonic

U2 - 10.3368/le.071220-0105R

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JO - Land Economics

JF - Land Economics

M1 - 071220-0105R

ER -

The disamenity impact of solar farms: a hedonic analysis

Abstract

Keywords

UN SDGs

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