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The Importance of Revenue Sharing for the Local Economic Impacts of a Renewable Energy Project: A Social Accounting Matrix Approach

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  • Grant Allan
  • Peter Mcgregor
  • Kim Swales

Abstract

A llan G., M cG regor P. and S wales K. The importance of revenue sharing for the local economic impacts of a renewable energy project: a social accounting matrix approach, Regional Studies . Ambitious renewable energy targets are requiring investments in new renewable capacity in areas where acceptance could be affected by the potential economic benefits to the locality. At the same time, new renewable energy projects, primarily for onshore wind capacity, might offer a route by which peripheral economic development policies can be supported. The economic impacts of these projects are difficult to quantify using input--output techniques, but can be more appropriately handled within a social accounting matrix (SAM) framework. A social accounting matrix for the Shetland Islands, off the north coast of mainland Scotland, is used to evaluate the potential local economic and employment impacts of a large proposed onshore wind energy project. Sensitivity analysis reveals the relative importance of the level of ‘community benefit’ payments, ‘local sourcing’ of intermediate inputs and the level of community ownership of the project to the size of these impacts. In the Shetland case, by a substantial margin, local ownership confers the greatest economic impacts for the local community. A llan G., M cG regor P. y S wales K. La importancia de compartir ingresos en un proyecto de energía renovable para los efectos económicos locales: el método de matriz de contabilidad social, Regional Studies . Para lograr objetivos ambiciosos en el campo de la energía renovable es necesario invertir en nuevas capacidades de energía renovable en áreas donde la aceptación podría verse afectada por los posibles beneficios económicos en la localidad. Así mismo, los nuevos proyectos de energía renovable, sobre todo para la capacidad eólica terrestre, podrían ofrecer una vía para apoyar las políticas de desarrollo económico periférico. Los efectos económicos de estos proyectos son difíciles de cuantificar si se usan técnicas de aportes y resultados (input--output). No obstante, una matriz de contabilidad social (MCS) podría ser un método más apropiado. Con ayuda de una matriz de contabilidad social para las islas Shetland, en la costa norte de Escocia continental, evaluamos las posibles repercusiones locales en la economía y el empleo de un importante proyecto propuesto para la energía eólica terrestre. El análisis de sensibilidad muestra la importancia relativa del nivel de pagos que benefician a la comunidad, el suministro local de aportaciones intermedias y el nivel de propiedad comunitaria del proyecto para el tamaño de estos efectos. En el caso de las islas Shetland, la propiedad local aporta con un margen considerable los efectos económicos más importantes para la comunidad local. Energie renouvelable Effets économiques ruraux Partage des revenus Propriété locale A llan G., M cG regor P. et S wales K. L'importance du partage des revenus pour ce qui est des retombées économiques locales d'un programme d'énergie renouvelable: une approche matricielle de la comptabilité nationale, Regional Studies . Des cibles d'énergie renouvelable ambitieuses exigent de l'investissement dans une nouvelle capacité renouvelable dans des zones où l'agrément pourrait être touché par les bénéfices économiques potentielles de la région. En même temps, les nouveaux programmes d'énergie renouvelable, essentiellement en faveur du développement à terre de l'énergie éolienne, pourrait constituer un moyen de soutenir des politiques de développement économique annexes. Employant des techniques portant sur les échanges interindustriels, il s'avère difficile d'évaluer avec précision les retombées économiques de ces programmes, mais on peut mieux le faire à partir d'un cadre matriciel de la comptabilité nationale. On emploie une matrice de la comptabilité nationale pour les îles Shetland, situées au large de la côte septentrionale de l'Ecosse continentale, afin d'évaluer les effets locaux potentiels pour l'économie et l'emploi d'un important programme envisagé d'énergie renouvelable à terre. Une analyse de sensibilité laisse voir l'importance relative du niveau du ‘rendement à la communauté’, de ‘l'approvisionnement local’ des inputs intermédíaires, et du niveau de la propriété communautaire du programme par rapport à l'importance relative de ces effets. Pour ce qui est de l'étude de cas des îles Shetland, la propriété locale entraîne de loin les effets économiques les plus importants pour la communauté locale. Erneuerbare Energie Wirtschaftliche Auswirkung in ländlichen Gebieten Geteilte Einnahmen Beteiligung der Öffentlichkeit A llan G., M cG regor P. und S wales K. Die Bedeutung von geteilten Einnahmen für die Auswirkungen eines Projekts für erneuerbare Energien auf die lokale Wirtschaft: ein Social-Accounting-Matrix-Ansatz, Regional Studies . Für ehrgeizige Ziele bei erneuerbaren Energien werden Investitionen in neue Kapazitäten für diese Energien in Gebieten benötigt, wo die Akzeptanz vom potenziellen wirtschaftlichen Nutzen für den Ort beeinflusst werden könnte. Gleichzeitig bieten neue Projekte für erneuerbare Energien -- insbesondere im Bereich der Onshore-Windenergie -- eine Möglichkeit zur Unterstützung von Maßnahmen zur Wirtschaftsentwicklung in Randgebieten. Die wirtschaftlichen Auswirkungen dieser Projekte lassen sich mit Input--Output-Techniken nur schwer quantifizieren; eine angemessenere Methode liegt im Rahmen einer Social Accounting Matrix (SAM). Anhand einer Social Accounting Matrix für die Shetland-Inseln vor der Nordküste Schottlands werden die potenziellen Auswirkungen eines geplanten Onshore-Windenergie-Großprojekts auf die lokale Wirtschaft und Beschäftigung untersucht. Durch eine Empfindlichkeitsanalyse wird die relative Bedeutung der Höhe der Zahlungen für den ‘Gemeinschaftsnutzen’, der ‘lokalen Beschaffung’ von intermediären Inputs und des Ausmaßes der Beteiligung der Gesellschaft am Projekt für den Umfang dieser Auswirkungen ermittelt. Im Fall der Shetland-Inseln führt lokales Eigentum zu den deutlich größten wirtschaftlichen Auswirkungen für die Gesellschaft vor Ort. Energía renovable Repercusiones económicas rurales Ingresos compartidos Propiedad comunitaria

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Article provided by Taylor & Francis Journals in its journal Regional Studies.

Volume (Year): 45 (2011)
Issue (Month): 9 (March)
Pages: 1171-1186

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Handle: RePEc:taf:regstd:v:45:y:2011:i:9:p:1171-1186

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  1. Deborah Roberts, 2005. "The role of households in sustaining rural economies: a structural path analysis," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 32(3), pages 393-420, September.
  2. Moran, Dominic & Sherrington, Chris, 2007. "An economic assessment of windfarm power generation in Scotland including externalities," Energy Policy, Elsevier, vol. 35(5), pages 2811-2825, May.
  3. Learmonth, D. & McGregor, P.G. & Swales, J.K. & Turner, K.R. & Yin, Y.P., 2007. "The importance of the regional/local dimension of sustainable development: An illustrative Computable General Equilibrium analysis of the Jersey economy," Economic Modelling, Elsevier, vol. 24(1), pages 15-41, January.
  4. François Bourguignon & Maurizio Bussolo & Luiz A. Pereira da Silva, 2008. "The Impact of Macroeconomic Policies on Poverty and Income Distribution : Macro-Micro Evaluation Techniques and Tools," World Bank Publications, The World Bank, number 6586, February.
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Cited by:
  1. Brown, Jason P. & Pender, John & Wiser, Ryan & Lantz, Eric & Hoen, Ben, 2012. "Ex post analysis of economic impacts from wind power development in U.S. counties," Energy Economics, Elsevier, vol. 34(6), pages 1743-1754.
  2. Dombi, Mihály & Kuti, István & Balogh, Péter, 2014. "Sustainability assessment of renewable power and heat generation technologies," Energy Policy, Elsevier, vol. 67(C), pages 264-271.

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