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Comparing the macroeconomic demand-side v supply-side impacts of offshore renewable energy

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  • Connolly, Kevin

Abstract

This paper evaluates the deployment of offshore wind in Northern Ireland, focusing on the economic outcomes when considering supply-side factors. Traditional economic analyses typically focus on the direct demand impacts linked to the development, construction, and operation of offshore wind projects. However, recent research highlights a crucial connection between offshore wind capacity and reductions in electricity prices.

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  • Connolly, Kevin, 2025. "Comparing the macroeconomic demand-side v supply-side impacts of offshore renewable energy," Renewable Energy, Elsevier, vol. 243(C).
    • Handle: RePEc:eee:renene:v:243:y:2025:i:c:s0960148125002873
    DOI: 10.1016/j.renene.2025.122625
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    References listed on IDEAS

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    1. Ortega-Izquierdo, Margarita & Río, Pablo del, 2020. "An analysis of the socioeconomic and environmental benefits of wind energy deployment in Europe," Renewable Energy, Elsevier, vol. 160(C), pages 1067-1080.
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    4. Connolly, Kevin, 2020. "The regional economic impacts of offshore wind energy developments in Scotland," Renewable Energy, Elsevier, vol. 160(C), pages 148-159.
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