Support for renewable energy: The case of wind power

Arbeitspapier

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.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: ZEW Discussion Papers ; No. 21-074

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Consumer Economics: Empirical Analysis ; Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior ; Alternative Energy Sources ; Environmental Economics: General
• Thema: Renewable energy ; Wind power ; Public support ; Elections ; Externalities

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Germeshausen, Robert ; Heim, Sven ; Wagner, Ulrich J.
• Ereignis: Veröffentlichung
• (wer): ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
• (wo): Mannheim
• (wann): 2021

Weitere Informationen

• Handle: http://hdl.handle.net/10419/242838
• Letzte Aktualisierung: 10.03.2025, 11:43 MEZ