Hypothetical Market Familiarity and the Disconnect Between Stated and Observed Values for Green Energy

International Journal of Energy Economics and Policy

关键词: contingent valuation;    green energy programs;    renewable energy blocks;    scope effects;    coal-fired power plants;    single-bounded dichotomous choice;   

DOI  :  

来源: DOAJ

【 摘 要 】

Participation rates and utility premiums for green power programs are generally less than implied by contingent valuation studies. This study compares open-ended and dichotomous-choice responses with actual participation rates of a green power program to examine the effect of hypothetical market familiarity. Traditionally, respondents are asked to value a renewable energy “block” which represents a quality improvement in a percentage of a good. When placed in a more familiar market setting, stated values are more closely aligned with premiums currently charged.Participation rates remain exaggerated indicating responses are viewed as a vote in favor of or against cleaner energy sources.

【 授权许可】

Unknown