{"title":"Exposure to wind turbines, regional identity and the willingness to pay for regionally produced electricity","authors":"Elke D. Groh","doi":"10.1016/j.reseneeco.2022.101332","DOIUrl":null,"url":null,"abstract":"<div><p><span><span>To reduce greenhouse gas emissions the expansion of renewable energies is vital. However, negative externalities in the regions where </span>wind turbines are installed raise local opposition. A promising way to promote the installation of regional energy plants is the use of regional electricity labels. This paper examines if there is a willingness to pay for regionally produced electricity and whether the willingness to pay is related to exposure to wind turbines or causally affected by regional identity. To that end, this study is based on a large-scale survey among more than 1800 individuals in </span>Germany<span> including a combined priming and stated choice experiment on electricity contracts in combination with official data on wind turbines. The results of the econometric analysis reveal a highly significant willingness to pay a price premium for regional electricity contract attributes. In addition, we find no empirical evidence for a relationship between the exposure to wind turbines and the willingness to pay for regionally produced electricity. Furthermore, the estimation results provide evidence that regional identity reduces the willingness to pay for regionally produced electricity. The results have implications for public policy as well as commercial enterprises.</span></p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":"70 ","pages":"Article 101332"},"PeriodicalIF":2.6000,"publicationDate":"2022-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"2","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Resource and Energy Economics","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0928765522000495","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 2
Abstract
To reduce greenhouse gas emissions the expansion of renewable energies is vital. However, negative externalities in the regions where wind turbines are installed raise local opposition. A promising way to promote the installation of regional energy plants is the use of regional electricity labels. This paper examines if there is a willingness to pay for regionally produced electricity and whether the willingness to pay is related to exposure to wind turbines or causally affected by regional identity. To that end, this study is based on a large-scale survey among more than 1800 individuals in Germany including a combined priming and stated choice experiment on electricity contracts in combination with official data on wind turbines. The results of the econometric analysis reveal a highly significant willingness to pay a price premium for regional electricity contract attributes. In addition, we find no empirical evidence for a relationship between the exposure to wind turbines and the willingness to pay for regionally produced electricity. Furthermore, the estimation results provide evidence that regional identity reduces the willingness to pay for regionally produced electricity. The results have implications for public policy as well as commercial enterprises.
期刊介绍:
Resource and Energy Economics provides a forum for high level economic analysis of utilization and development of the earth natural resources. The subject matter encompasses questions of optimal production and consumption affecting energy, minerals, land, air and water, and includes analysis of firm and industry behavior, environmental issues and public policies. Implications for both developed and developing countries are of concern. The journal publishes high quality papers for an international audience. Innovative energy, resource and environmental analyses, including theoretical models and empirical studies are appropriate for publication in Resource and Energy Economics.