A framework for evaluating WTP for BIPV in residential housing design in developing countries: A case study of North Cyprus

Mehrshad Radmehr, Ken Willis and Ugo Elinwa Kenechi

Energy Policy, 2014, vol. 70, issue C, 207-216

Abstract: This paper explores people׳s preferences for a Built in Photovoltaic (BIPV) renewable energy system to be integrated into housing construction. A novel methodology was developed, to study the case of Northern Cyprus, for better understanding of possibilities that abound in BIPV integration. The methodology incorporates Building Information Modeling (BIM) as a real-time design and economic assessment tool for BIPV choices. This serves to benefit both the construction companies and potential house owners in their decision-making. In addition, it uses a Contingent Valuation (CV) method to assess the Willingness to Pay (WTP) and the Willingness to Accept (WTA) compensation. The results indicate that the capital cost of PV is not instrumental in choice, and a lower feed-in tariff could be acceptable.

Keywords: Building integrated photovoltaic (BIPV); Willingness to pay (WTP); Willingness to accept (WTA) (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:70:y:2014:i:c:p:207-216

DOI: 10.1016/j.enpol.2014.03.041

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