RT Journal Article SR Electronic T1 Measuring Renewable Energy Externalities: Evidence from Subjective Well-being Data JF Land Economics JO Land Econ FD University of Wisconsin Press SP 109 OP 126 DO 10.3368/le.93.1.109 VO 93 IS 1 A1 Charlotte von Möllendorff A1 Heinz Welsch YR 2017 UL http://le.uwpress.org/content/93/1/109.abstract AB Electricity from renewable sources avoids disadvantages of conventional power generation but often meets with local resistance. We use 324,763 observations on the subjective well-being of 46,678 individuals in Germany, 1994–2012, for identifying and valuing the local externalities from solar, wind, and biomass plants in respondents’ postcode district and adjacent postcode districts. We find significant well-being externalities of all three technologies that differ with regard to their temporal and spatial characteristics. The monetary equivalent of 1 MW capacity expansion of wind power and biomass installations is estimated to be 0.35% and 1.25% of monthly per capita income, respectively. (JEL D62, Q42)