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A Methodology for the Evaluation of the Economic Impacts of Wind Energy Projects

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  • Mathieu A. Landry
  • André Leclerc
  • Yves Gagnon

Abstract

In this paper, a methodology for the evaluation of the economic impacts of wind energy projects is presented. With an application to the Canadian setting, the methodology is based on modified input-output techniques using national/provincial economic Input-Output tables and multiplier coefficients. The model makes use of a profile of investment for a generic 100 MW wind energy project based on publicly available financial data from current wind energy projects developed and operating in Canada. Subsequently, a case study of the economic impact assessment for both the construction and operations phases of a generic 100 MW wind farm project constructed and operated in the province of New Brunswick, Canada is performed. Results show that in total, including direct, indirect and induced jobs, the construction phase could create a total of 225 person-years of labour, while the operations and maintenance phase could create a total of 17 person-years of labour annually.

Suggested Citation

  • Mathieu A. Landry & André Leclerc & Yves Gagnon, 2013. "A Methodology for the Evaluation of the Economic Impacts of Wind Energy Projects," Energy & Environment, , vol. 24(5), pages 735-748, September.
    • Handle: RePEc:sae:engenv:v:24:y:2013:i:5:p:735-748
    DOI: 10.1260/0958-305X.24.5.735
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    References listed on IDEAS

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    1. Robert Pollin & Heidi Garrett-Peltier, 2009. "Building a Green Economy: Employment Effects of Green Energy Investments for Ontario," Published Studies green_economy_of_ontario, Political Economy Research Institute, University of Massachusetts at Amherst.
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    Cited by:

    1. Lagaros, Nikos D. & Karlaftis, Matthew G. & Paida, Maria K., 2015. "Stochastic life-cycle cost analysis of wind parks," Reliability Engineering and System Safety, Elsevier, vol. 144(C), pages 117-127.

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