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Initial Impact and Socioeconomic Compensation for the Closure of a Coal-Fired Power Plant in a Local Entity

Author

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  • Antonio Javier Prado-Domínguez

    (Department of Economics, A Coruña University, 15071 A Coruña, Spain)

  • Fernando González-Laxe

    (Department of Economics, A Coruña University, 15071 A Coruña, Spain)

  • Manuel Escourido-Calvo

    (Department of Business, A Coruña University, 15071 A Coruña, Spain)

  • Federico Martín-Bermúdez

    (Department of Economics, A Coruña University, 15071 A Coruña, Spain)

Abstract

This work contributes to improving the relevant information for the local participatory process, in a context of just energy transition. A proposal has been prepared for an objective estimate of the initial impact and the minimum socioeconomic compensation for the closure of a conventional coal-fired thermal power plant in the affected local entity. This has allowed (1) specifying and contextualizing the effects into which the initial impact of the closure can be divided, with the inclusion of the circular effect; (2) obtaining an indicator of the minimum compensation that would need to be set to neutralize this impact; and (3) establishing recommendations and conclusions based on the evidence obtained.

Suggested Citation

  • Antonio Javier Prado-Domínguez & Fernando González-Laxe & Manuel Escourido-Calvo & Federico Martín-Bermúdez, 2021. "Initial Impact and Socioeconomic Compensation for the Closure of a Coal-Fired Power Plant in a Local Entity," Sustainability, MDPI, vol. 13(13), pages 1-17, July.
    • Handle: RePEc:gam:jsusta:v:13:y:2021:i:13:p:7391-:d:586963
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    References listed on IDEAS

    as
    1. G. Jason Jolley & Christelle Khalaf & Gilbert Michaud & Austin M. Sandler, 2019. "The economic, fiscal, and workforce impacts of coal‐fired power plant closures in Appalachian Ohio," Regional Science Policy & Practice, Wiley Blackwell, vol. 11(2), pages 403-422, June.
    2. Nicole Darnall & G. Jason Jolley, 2004. "Involving the Public: When Are Surveys and Stakeholder Interviews Effective?1," Review of Policy Research, Policy Studies Organization, vol. 21(4), pages 581-593, July.
    3. Goetz, Stephen & Partridge, Mark & Stephens, Heather, 2017. "The Economic Status of Rural America in the Trump Era," MPRA Paper 77830, University Library of Munich, Germany.
    4. Sanya Carley & David M. Konisky, 2020. "The justice and equity implications of the clean energy transition," Nature Energy, Nature, vol. 5(8), pages 569-577, August.
    5. Sally A Weller, 2019. "Just transition? Strategic framing and the challenges facing coal dependent communities," Environment and Planning C, , vol. 37(2), pages 298-316, March.
    6. Haggerty, Julia H. & Haggerty, Mark N. & Roemer, Kelli & Rose, Jackson, 2018. "Planning for the local impacts of coal facility closure: Emerging strategies in the U.S. West," Resources Policy, Elsevier, vol. 57(C), pages 69-80.
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    Cited by:

    1. Nachatter Singh Garha & Ricardo Garcia Mira & Fernando González-Laxe, 2022. "Energy Transition Narratives in Spain: A Case Study of As Pontes," Sustainability, MDPI, vol. 14(18), pages 1-21, September.

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