Scrapping a wind turbine: Policy changes, scrapping incentives and why wind turbines in good locations get scrapped first

摘要

The most common reason for scrapping a wind turbine in Denmark is to makeroom for a newer turbine. The decision to scrap a wind turbine is then highlydependent on an opportunity cost that comes from the interaction of scarce landresources, technological change and changes in subsidy policy. Using a Cox regressionmodel I show that turbines that are located in areas with better windresources are at a higher risk of being scrapped. Policies put in place in order toencourage the scrapping of older, poorly placed turbines actually have a largereffect on well-placed turbines