Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/242838 
Year of Publication: 
2021
Series/Report no.: 
ZEW Discussion Papers No. 21-074
Publisher: 
ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung, Mannheim
Abstract: 
Successful decarbonization of the electricity sector hinges on the support of the public, which is at risk when electricity generation emits local externalities. This paper estimates the impact of wind turbine deployment on granular measures of revealed preferences for renewable electricity in product and political markets. We address endogenous siting of turbines with a novel IV approach that exploits quasi-experimental variation in profitability. We find that nearby wind turbines significantly reduce citizens' support, but this effect quickly fades with distance from the site. Our results shed light on how distance requirements and financial participation could enhance support for renewables.
Subjects: 
Renewable energy
Wind power
Public support
Elections
Externalities
JEL: 
D12
D72
Q42
Q50
Document Type: 
Working Paper

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