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DOI | 10.1016/j.eneco.2024.107301 |
Willingness to pay for renewables: Insights from a meta-analysis of choice experiments | |
Cerda, Emilio; Lopez-Otero, Xiral; Quiroga, Sonia; Solino, Mario | |
发表日期 | 2024 |
ISSN | 0140-9883 |
EISSN | 1873-6181 |
起始页码 | 130 |
卷号 | 130 |
英文摘要 | Renewable energy policies contribute to solving some of the current environmental challenges, such as climate change mitigation and decarbonization, and people around the world are usually willing to pay for a greater presence of renewable energies. That willingness to pay (WTP) can be translated into a gain in social well-being. But not all renewables are equally valued, nor do all people experience the same gain in terms of well-being. Over the last 25 years, many choice experiments have focused on analyzing social preferences for different external effects associated with renewables. This article presents a meta-analysis of choice experiments to examine the evidence on WTP for renewable energies. We examined 63 articles across 28 countries, with a total sample of 52,948 participants and 84,821 observations. We used three econometric approaches (Generalized Least Squares, Weighted Least Squares, and a Panel Data Model) to estimate the willingness to pay of households for renewables around the world. Results show that the promotion of renewable energies is socially demanded, with an average minimum WTP of between euro113 and euro124 per household per year. The results also show that onshore wind farms are the preferred renewable energy source for electricity generation, whereas people are more reluctant about offshore wind in comparison with other renewable technologies. Finally, some geographic patterns are found, with people from Asia and southern Europe showing, respectively, a lower and higher willingness to pay for renewable energies. |
英文关键词 | Electricity; Generalized least squares; Meta-regression; Panel data; Renewables; Weighted least squares |
语种 | 英语 |
WOS研究方向 | Business & Economics |
WOS类目 | Economics |
WOS记录号 | WOS:001156097400001 |
来源期刊 | ENERGY ECONOMICS
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文献类型 | 期刊论文 |
条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/300706 |
作者单位 | Complutense University of Madrid; Complutense University of Madrid; Consejo Superior de Investigaciones Cientificas (CSIC); CSIC - Instituto de Investigaciones Marinas (IIM) |
推荐引用方式 GB/T 7714 | Cerda, Emilio,Lopez-Otero, Xiral,Quiroga, Sonia,et al. Willingness to pay for renewables: Insights from a meta-analysis of choice experiments[J],2024,130. |
APA | Cerda, Emilio,Lopez-Otero, Xiral,Quiroga, Sonia,&Solino, Mario.(2024).Willingness to pay for renewables: Insights from a meta-analysis of choice experiments.ENERGY ECONOMICS,130. |
MLA | Cerda, Emilio,et al."Willingness to pay for renewables: Insights from a meta-analysis of choice experiments".ENERGY ECONOMICS 130(2024). |
条目包含的文件 | 条目无相关文件。 |
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