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Dr Katinka Johansen
Postdoctoral Fellow, Lund University | Visiting Scholar, CEENRG, Department of Land Economy, University of Cambridge
To invest or not to invest in Danish wind farm cooperative? Stakeholder decision-making and rationalisation processes in the face of a renewable energy technology policy incentive and compensation scheme

Abstract: This study explores stakeholder reactions and rationales as they face local renewable energy technology (RET)-related change processes. Two specific policy initiatives for the promotion of local engagement in and acceptance of new local RETs provide an empirical lens via which to explore how basic human phenomena and dynamics are triggered among the key stakeholders of these processes. Research data include in-depth qualitative enquiry and household specific survey data collected from 700 properties with known distances to the coast where the total of 344 MW, 41 x 200m offshore coastal wind farms were being deployed. The abductive research approach, and the creative synthesis of empirics and conceptual insights from mixed disciplinary turf provide evidence of phenomena such as loss aversion, the endowment effect, and value (in)commensurability.