Support for renewable energy: The case of wind power

Robert Germeshausen, Sven Heim and Ulrich Wagner

No 21-074, ZEW Discussion Papers from ZEW - Leibniz Centre for European Economic Research

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.

Keywords: Renewable energy; Wind power; Public support; Elections; Externalities (search for similar items in EconPapers)
JEL-codes: D12 D72 Q42 Q50 (search for similar items in EconPapers)
Date: 2021
New Economics Papers: this item is included in nep-cdm, nep-cwa, nep-ene and nep-env
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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https://www.econstor.eu/bitstream/10419/242838/1/1771775440.pdf (application/pdf)

Related works:
Working Paper: Support for Renewable Energy, The Case of Windpower (2023)
Working Paper: Support for Renewable Energy: The Case of Wind Power (2022)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:zewdip:21074

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