Conference Agenda
Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).
Please note that all times are shown in the time zone of the conference. The current conference time is: 10th Sept 2026, 07:08:11pm CEST (Norway)
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Daily Overview |
| Session | |
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Renewable energy 2 Location: Auditorium N: Agnar Sandmo Session Chair: Selahattin Murat Sirin, KAPSARC | |
| Presentation 1 | |
Externalities of Geothermal Power Plants: A Hedonic Analysis of Land Prices in Japan 1: Osaka University of Economics, Japan; 2: Nagoya University, Japan This study quantitatively assesses the negative externalities of geothermal power plants by analyzing their impact on local land values in Japan. Using a hedonic pricing approach and a difference-in-differences framework, the analysis finds that land prices within a 2 km radius of a geothermal power plant declined by approximately 7% to 12% after their installation, even after accounting for various fixed effects and robustness checks. The study utilizes data on all 28 large-scale geothermal power plants with a capacity of at least 1,000 kilowatts that were operational in Japan as of 2018, covering a 42-year period from 1983 to 2024. The findings highlights the complex interplay between renewable energy expansion and local economic conditions, emphasizing the need to balance the benefits of clean energy with local stakeholders’ concerns to ensure a sustainable energy transition in Japan. | |
