Template-Type: ReDIF-Paper 1.0
Title: Support for Renewable Energy, The Case of Windpower
Author-Name: Robert Germeshausen
Author-Email: robertgermeshausen@hotmail.com
Author-Name: Sven Heim
Author-Email: sven.heim@mines-paristech.fr
Author-Name: Ulrich Wagner
Author-Email: ulrich.wagner@uni-mannheim.de
Classification-JEL: D12, D72, Q42, Q48, Q50
Keywords: Renewable Energy, Wind Power, Public Support, Elections, Externalities

Abstract: The rise of societal goals like climate change mitigation and energy security
calls for rapid capacity growth in renewable electricity sources, yet citizens’ support is put to a test when such technologies emit negative local externalities. We
estimate the impact of wind turbine deployment on granular measures of revealed
preferences for renewable electricity in product and political markets. We address
potentially endogenous siting of turbines with an IV design that exploits quasi experimental variation in profitability induced by subsidies. We find that wind
turbines significantly reduce citizens’ support locally, but this effect quickly fades
with distance from the site. We assess policy instruments for enhancing citizens’
support for renewable energy in light of our results

Note: 
Length: 62
Creation-Date: 2023-02
Revision-Date: 
File-URL: https://www.crctr224.de/research/discussion-papers/archive/dp390
File-Format: application/pdf
Handle: RePEc:bon:boncrc:CRCTR224_2023_390