Willingness to pay for green energy sources in the United Arab Emirates (UAE)

IF 2.4 Q3 ENERGY & FUELS
Haileslasie Tadele, Baliira Kalyebara
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引用次数: 0

Abstract

This study investigates the willingness of customers in the UAE to pay a premium for green energy (GE) sources. Given the huge initial investment required for GE projects, raising capital is often achieved by increasing energy bills or taxes. To explore this issue, the study surveyed 192 small and medium-sized businesses using the contingent valuation method. The results indicate that while most businesses are aware of solar and wind energy sources and the importance of combating climate change, half of them are not willing to compromise their current energy use and do not support an increase in utility bills or taxes to finance GE projects. However, older businesses tend to be more willing to pay a premium for GE compared to younger businesses. Overall, majority of the businesses support a voluntary increase in electricity bills. The findings highlight the crucial role of current electricity bills and knowledge about GE sources in shaping customers' willingness to pay. This study contributes to the literature on energy finance and the contingent valuation method in the context of green energy in the UAE.
阿拉伯联合酋长国(UAE)购买绿色能源的意愿
本研究调查了阿联酋客户为绿色能源(GE)支付溢价的意愿。鉴于通用电气项目需要巨额初始投资,筹集资金通常是通过增加能源账单或税收来实现的。为了探讨这一问题,本研究采用条件估值法对192家中小企业进行了调查。调查结果表明,虽然大多数企业都意识到太阳能和风能的重要性,以及应对气候变化的重要性,但其中一半的企业不愿意在目前的能源使用上妥协,也不支持增加公用事业账单或税收来为通用电气项目提供资金。然而,与年轻企业相比,老牌企业往往更愿意为通用电气支付溢价。总的来说,大多数企业支持自愿增加电费。研究结果强调了当前的电费账单和对通用电气资源的了解在影响客户支付意愿方面的关键作用。本研究对阿联酋绿色能源背景下的能源金融和条件评估方法的文献做出了贡献。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
4.50
自引率
16.00%
发文量
83
审稿时长
8 weeks
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