Measuring the indirect costs associated with the establishment of a wind farm: An application of the Contingent Valuation Method

Although a green energy source, the location of electrical generating windmills may cause a disamenity effect (negative externality). The establishment of a wind farm is known as a locally undesirable land use (LULU) and leads to the not-in-my-backyard syndrome (NIMBY). In an application of the contingent valuation method, a willingness-to-accept framework was used to estimate the aggregate annual compensation required to allow the construction of a wind farm near Jeffrey’s Bay, South Africa. This compensation amounted to R490 695. A binary choice logit analysis found that retirement status, concern about climate change, concern about view-shed impacts and the offer amount are important predictors of voting for or against the project.Contingent Valuation Method, indirect cost, wind farm

Estimating the recreational value of freshwater inflows into the Klein and Kwelera estuaries: An application of the zonal travel cost method

This study estimates the change in aggregate consumer surplus associated with increased freshwater supply into two South African estuaries, namely, the Klein and the Kwelera. The estimation entailed the application of a contingent behaviour, single-site Clawson-Knetsch travel cost model. The value estimates derived reflect the benefit of improved freshwater supplies into the estuaries in question over the status quo. In a survey, a questionnaire was administered face-to-face to 240 households at the Klein Estuary and 231 households at the Kwelera Estuary during the period between December 2005 and April 2006. It was deduced that in 2006 the marginal recreational value of freshwater inflow into the Klein Estuary was 5.7 cents/m3 (ZAR0.057/m3) and into the Kwelera Estuary 1.1 cents/m3 (ZAR0.011/m3).Keywords: estuary, water abstraction, revealed preference, single-site, travel cost method, freshwater inflow

Software for the analysis of extreme events: The current state and future directions

10.1007/s10687-006-7962-0Extremes8387-10