New lamps for old
Financialised Governance of Cities and Clean Energy
Bibliographic Data
| ID | 7843017 |
|---|---|
| Authors | Janette Webb (0000-0001-8295-346X, University of Edinburgh, corresponding author) |
| Year | 2019 |
| Volume | 12 |
| Issue | 4 |
| Pages | 286-298 |
| Publication date | 2019-07-04 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Journal of Cultural Economy (JOURNAL) |
| Journal identifiers | ISSN: 1753-0350 • E-ISSN: 1753-0369 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/17530350.2019.1613253 |
| OpenAlex | W2945231334 |
| Language | EN |
| Citations received | 5 |
| References cited | 27 |
Using a six-year case study of Glasgow’s Sustainable City business model, this paper examines interactions between financialised governance of cities and clean energy strategies. Research on the role of cities in developing clean energy has paid limited attention to the interaction with financialised governance of infrastructure, which makes the implementation of plans largely dependent on private investment. A conceptual approach combining economic sociology of actor networks and urban political economy is used to analyse the career of the business model designed to transform old infrastructures into new clean energy assets. The analysis focuses on interactions between city council, public bodies and electricity distribution network business. Climate policies are creating uncertainties for energy businesses over revenues from ageing networks, suggesting scope for alliance with local governments. Making new liquid assets for clean energy from old infrastructure is however shown to be a process marked by instability and reversals. In conclusion, it is argued that concepts from actor-network theory and urban political economy used together reveal the hidden contingencies of financialisation in particular socio-technical interactions, and their materiality in the context of climate change
Actor–network theory · Business · Business model · Climate governance · Context (archaeology · Corporate governance · Economic system · Economics · Electricity · Materiality (auditing · Political science · Politics · Sociology · Engineering · Housing, Finance, and Neoliberalism · Political and Economic history of UK and US · Urban Planning and Governance · Finance · Marketing
A league made in the economy’s image
Urban governance dispositifs
What can energy research bring to social science? Reflections on 5 years of Energy Research & Social Science and beyond
Credible and comprehensive? Comparing policy mixes for Local Energy Systems in England, Scotland and Wales
Representing ‘Place’
The Financial Engineering of Infrastructure Privatization
What do business models do?
Reassembling the Social
Introduction to special issue on the material cultures of financialisation
Financialisation of Valuation
A new framework for understanding subnational policy-making and local choice
Funding, financing and governing urban infrastructures
Reconstituting the state
Deal or no deal?’ Governing urban infrastructure funding and financing in the UK City Deals
The financialisation of urban infrastructure
How Will Capitalism End
The Role of the State in the Financialisation of the UK Economy
Selling City Futures
The Ethnography of Infrastructure
Outsourcing the State
The Capitalization of Almost Everything
The Strength of Weak Ties
Performing property cycles
Economization, part 2
Take an issue
| Unique citing works | 5 |
|---|---|
| Citations per year | 0,71 |
| Citation span | 2019 - 2024 (6) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 5 |