Article ID: | iaor20121851 |
Volume: | 42 |
Issue: | 4 |
Start Page Number: | 691 |
End Page Number: | 698 |
Publication Date: | Mar 2012 |
Journal: | Energy Policy |
Authors: | Richards Garrett, Noble Bram, Belcher Ken |
Keywords: | economics |
Renewable energy is receiving increased attention as a viable alternative to non‐renewable electrical generation, however, meeting global energy demands will require a more ambitious renewable energy program than is currently the case. There have been several reviews of potential technological, economic, social, or public barriers and solutions to renewable energy investment. Although important, there is also need for multi‐dimensional analyses of these barriers and identification of the most significant underlying barriers if viable solutions are to be developed. In this paper we apply a theoretical framework to examine stakeholder's perceptions and understanding of the barriers to wind energy development in Saskatchewan, Canada. We identify and examine the most significant underlying barriers to investment in renewable energy and the interactions between those barriers. Results show a number of perceived barriers to wind energy investment, however, these barriers can be explained in large part by knowledge barriers, if not disagreement over whether the current level of investment in wind energy is sufficient. We show that barriers to renewable energy cannot be explained solely by technological, social, political, or economic factors in isolation, and that a multi‐dimensional approach, identifying and explaining the underlying sources of these barriers, is necessary to develop viable solutions.