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DOI10.1016/j.enpol.2020.111696
A preference for power: Willingness to pay for energy reliability versus fuel type in Vietnam
Bakkensen L.; Schuler P.
发表日期2020
ISSN03014215
卷号144
英文摘要Developing countries are projected to experience the greatest increases in per capita energy use, motivating enormous investment in government-led energy projects. As energy fuel choices have large implications for pollution, a critical question surrounds citizens' preferences for renewable energy versus coal. While a robust literature suggests that citizens are willing to pay for renewables, the applicability of these findings to developing countries remains limited as many studies do not benchmark findings against preferences for increased capacity with dirtier fuels. We estimate citizens’ willingness to pay for improved electricity reliability from coal versus renewable technologies using a contingent valuation experiment embedded in a nationally-representative survey of 14,000 respondents across Vietnam, the country with the greatest recent increase in coal consumption. We find that while households are willing to pay 95% more in their monthly electricity bill for renewables (USD 7.5 billion per year in aggregate), they are also willing to pay 62% more for coal plants (USD 4 billion per year). Additionally, income and satisfaction with governance drive support both for renewables and coal, suggesting that agenda setting by policymakers is critical. If citizens are not offered alternatives, a majority will support coal even as governance improves or citizens become wealthier. © 2020 Elsevier Ltd
关键词Climate changeContingent valuationEnergy preferencesEnergy transitionPollutionWillingness to pay
英文关键词Coal; Developing countries; Economic analysis; Energy policy; Energy utilization; Fuels; Investments; Surveys; Agenda settings; Coal consumption; Contingent valuations; Critical questions; Electricity bill; Renewable energies; Renewable technology; Willingness to pay; Coal industry; alternative energy; developing world; energy market; energy use; investment; reliability analysis; willingness to pay; Viet Nam
语种英语
来源期刊Energy Policy
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/204555
作者单位University of Arizona, School of Gov't and Public Policy, United States
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Bakkensen L.,Schuler P.. A preference for power: Willingness to pay for energy reliability versus fuel type in Vietnam[J],2020,144.
APA Bakkensen L.,&Schuler P..(2020).A preference for power: Willingness to pay for energy reliability versus fuel type in Vietnam.Energy Policy,144.
MLA Bakkensen L.,et al."A preference for power: Willingness to pay for energy reliability versus fuel type in Vietnam".Energy Policy 144(2020).
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