Support for Renewable Energy: The Case of Wind Power

Successful decarbonization of the electricity sector hinges on support public, which is at risk when generation emits local externalities. This paper estimates impact wind turbine deployment granular measures revealed preferences for renewable in product and political markets. We address endogenous siting turbines with a novel IV approach that exploits quasi-experimental variation profitability. find nearby significantly reduce citizens’ support, but this effect quickly fades distance from site. Our results shed light how requirements financial participation could enhance renewables.