This article identifies and characterizes the network of dominant businesses which owned wind farms in Galicia (Spain) from 1995 to 2017. This research contributes to reduce the research gap about identifying the investment groups involved and to appreciate the real size of the wind sector. The novelty of the research lies in identifying the network of real owners of wind farms through the application of Domhoff’s power structure analysis, normally used in the analysis of the power structure of corporations and political institutions. With this method, it is possible to observe how the individual wind farm companies are assessed as well as the matrix company, and/or the principal shareholders to which the farm belongs are identified. The article shows that the installed wind power in Galicia is owned by large energy firms with the participation of international investment funds as well, even though the smaller number of local companies in the sector were given favored status under the existing regulations. This study concludes that although there is no single worldwide model for wind promotion, a network of dominant owners has been formed, and that this network consists of energy companies, investment funds, financial institutions, and construction firms. It can be surmised that if the capital were of mostly Galician origin, this would facilitate a bigger reinvestment of the profits in the region.
Na temática dos recursos enerxéticos e mineiros, analizarase a evolución no ámbito galegoe as perspectivas de futuro, dentro do español e internacional. Na actualidade, utilízase ungrande volume de recursos enerxéticos propios, mais a capacidade de transformaciónenerxética require importacións crecentes de enerxía primaria (petróleo, carbón ou gasnatural) para exportar enerxía transformada. A desaparición da minaría enerxética fixoperder peso á actividade mineira en Galicia, o que, xunto á caída da minaría metálica, levoua que a este sector se centre en materiais ligados fundamentalmente a actividades daconstrución.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.