scholarly journals Large Energy Projects and Community Benefits Agreements - Some experience from the UK

2017 ◽  
Vol 65 ◽  
pp. 12-20
Author(s):  
John Glasson
2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Davide Contu ◽  
Elgilani Eltahir Elshareif

Purpose This paper aims to estimate willingness to accept (WTA) hypothetical nuclear energy projects and the impact of net perceived benefits across three countries: Italy, a country without nuclear plants in operation; the UK, a country with nuclear plants in operation and the United Arab Emirates (UAE), which has more recently opted for the inclusion of nuclear energy in its energy mix. These valuations can support cost-benefit analyses by allowing policymakers to account for additional benefits and costs which would be otherwise neglected. Design/methodology/approach Data collection was conducted through online nationwide surveys, for a total of over 4,000 individuals sampled from Italy, the UK and the UAE. The surveys included choice experiments designed to elicit preferences towards nuclear energy in the form of WTA, indicating estimated compensations for welfare worsening changes and questions to measure perceived risks and benefits. Findings The average WTA/Km is the lowest for the case of the UAE. What is more, perceived net positive benefits tend to decrease the WTA required by the UAE respondents? Moreover, across the cases, albeit to a lesser extent with regard to Italy’s case, there is evidence that a more positive benefit perception seems to increase the valuation of environmental and public benefits offered as part of the experiment. Originality/value The contribution of this study is primarily twofold: first, it provides a comparison of WTA values in a context where the availability of choice experiment data is scant; second, it assesses whether and to what extent perceived net positive benefits of nuclear energy impact WTA of nuclear energy projects.


Author(s):  
John Glasson

The Offshore Wind sector is a major, dynamic, and rapidly evolving renewable energy industry. This is particularly so in Europe, and especially in the UK. Associated with the growth of the industry has been a growth of interest in community benefits as voluntary measures provided by a developer to the host community. However, in many cases, and for some of the large North Sea distant offshore wind farms, the benefits packages have been disparate and pro rata much smaller than for the well-established onshore wind farm industry. However, there are signs of change. This paper explores the issues of community benefits for the UK offshore sector and evolving practice, as reflected in a macro study of the adoption of community benefits approaches across the industry. This is followed by a more in-depth micro- approach, which explores approaches that have been adopted in three case studies of recent OWF projects — Aberdeen, Beatrice and the Hornsea Array. Whilst there is still much divergence in practice, there are also examples of some convergence, and the development of a more replicable practice. Particularly notable is the adoption of annual community benefits funds, as the key element of community benefits schemes/agreements between developers, local authorities and local communities.


2018 ◽  
Vol 33 (3) ◽  
pp. 269-286 ◽  
Author(s):  
Yvonne Rydin ◽  
Lucy Natarajan ◽  
Maria Lee ◽  
Simon Lock

Government policy in the UK, as in many countries, sees investment in infrastructure projects – particularly large ones – as a key means of supporting the national economy. But where does this leave local economic interests in the loci of these projects? And how does the regulation of such projects handle these interests? These are the questions addressed by this paper in the context of renewable energy projects that are regulated by the Nationally Significant Infrastructure Projects regime. Drawing on original research into the regulation of 12 projects – and using thematic analysis of key documents and focus groups with local participants – the analysis highlights the limited understanding of the local economy presented, the challenges that local businesses face in participating and the partial protection offered to them. It concludes by proposing agendas for reforms and future research.


1980 ◽  
Vol 1 (3) ◽  
pp. 267-286
Author(s):  
Gary S. Stacey ◽  
Mary Laird Duchi
Keyword(s):  

Author(s):  
Terri Friedline

Technological advancements are poised to completely transform the financial system, making it unrecognizable in just a few short decades. Banks are increasingly using financial technologies, or “fintech,” to deliver products and services and maximize their profits. Technology enthusiasts and some consumer advocates laude fintech for its potential to expand access to banking and finance. If history is any indication, however, fintech stands to reinforce digital forms of redlining and enable banks’ continued racialized exploitation of Black and Brown communities. Banking on a Revolution takes the perspective that the financial system needs a revolution—and not the impending revolution driven by technology. Studying various ways the financial system advantages whites by exploiting and marginalizing Black and Brown communities, Terri Friedline challenges the optimistic belief that fintech can expand access to banking and finance. Friedline applies the lens of financialized racial neoliberal capitalism to demonstrate the financial system’s inherent racism, and explores examples from student loan debt, corporate landlords, community benefits agreements, and banking and payday lending. She makes the case that the financial system needs a people-led revolution that centers the needs, experiences, and perspectives of those it has historically excluded, marginalized, and exploited.


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