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Introducing the lens of markets-in-the-making to transition studies: The case of the Danish wind power market agencement.
- Source :
- Environmental Innovation & Societal Transitions; Sep2022, Vol. 44, p79-91, 13p
- Publication Year :
- 2022
-
Abstract
- • The paper responds to the call for more agency in transition Studies, to earlier studies of wind power in transitions, as well as to the 'market-as-practices approach'. • Our study provides new insigths to the making of Denmark's emblemic wind power market, by studying the role of agencies and market devices in framing and temporarily pacifying wind power across three domains: 1) the socio-political domain where discursive devices enabled the valuation of wind power and coalition-building, 2) the domain of action where devices framed the economic price-setting models for wind power investors, and, 3) domain of action where devices framing wind power's integration into the electricity grid-infrastructure were made. • The paper brings attention to dynamics of ' framing-overflowing-reframing'. Exploring the role of material devices in "framing" and pacifying the wind, the paper explores dynamics/"overflowing" of the framings, contributing not only to sustainability transition studies but also market studies. • We show how governing sustainability transitions and spurring environmental innovation necessitates a shift from understanding markets neither as niches nor as mainstream, but as market agencements working through market devices that frame and pacify some goods with peculiar economizations and as 'legitimate'. This paper contributes to a renewed understanding of markets in transition studies by focusing on how unknown things must be 'framed' and pacified in order to be attributed some 'value' that makes them 'matter'. We empirically analyze the making of a market agencement for wind power deployment in Denmark. Using an analytical framework of framing and pacifying, we trace three entangled 'domains of action' associated with the employment of (a) sociopolitical devices to enable the discursive valuation of wind power, (b) economic devices to develop price-setting models for investors, and (c) technical devices to facilitate grid integration, thereby framing wind power as socio-politically, economically, and techno-scientifically 'valuable', respectively. This market agencement has consistently produced concerns (i.e., overflows) requiring constant re-framing. We discuss how the lens of markets-in-the-making can contribute to transition studies. By showing how the domains of action entangle and 'overflow' onto each other, this study demonstrates that the relational lens of socio-technical agencements can help shed additional light on the dynamics and agency of markets in transition. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 22104224
- Volume :
- 44
- Database :
- Supplemental Index
- Journal :
- Environmental Innovation & Societal Transitions
- Publication Type :
- Academic Journal
- Accession number :
- 158910931
- Full Text :
- https://doi.org/10.1016/j.eist.2022.05.003