Facebook LinkedIn Twitter
Shop

IAEE Members and subscribers to The Energy Journal: Please log in to access the full text article or receive discounted pricing for this article.

Prepress Content: The following article is a preprint of a scientific paper that has completed the peer-review process and been accepted for publication within The Energy Journal.

While the International Association for Energy Economics (IAEE) makes every effort to ensure the veracity of the material and the accuracy of the data therein, IAEE is not responsible for the citing of this content until the article is actually printed in a final version of The Energy Journal. For example, preprinted articles are often moved from issue to issue affecting page numbers, and actual volume and issue numbers. Care should be given when citing Energy Journal preprint articles.

Heterogeneous Returns to Scale of Wind Farms in Northern Europe

Abstract:
The present paper tries to identify the optimal size of a wind farm using North European data. An empirical analysis of 61 sites constructed between 2004 and 2014 suggests that economies-of-scale are highly heterogeneous across on-shore and off-shore projects. A Varying Coefficient Model captures such diversity by making the impact of the farm site on the amount of its potential capacity a non-linear function of the number of installed turbines. The resulting scale elasticities suggest that small on-shore farms have a bigger per-turbines output than off-shore ones, while the opposite is true for big projects.

Download Executive Summary Purchase ( $25 )

Keywords: Wind, Returns to Scale, Cross-Sectional Heterogeneity, Semiparametric Methods, Varying Coefficient Models

DOI: 10.5547/01956574.40.SI1.gben

References: Reference information is available for this article. Join IAEE, log in, or purchase the article to view reference data.


Published in Volume 40, The New Era of Energy Transition of The Quarterly Journal of the IAEE's Energy Economics Education Foundation.