Determinants of willingness-to-pay for renewable energy: does the age of nuclear power plant reactors matter?

Pierre-Alexandre Mahieu (), Hermann Donfouet () and Bengt Kriström ()
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Bengt Kriström: CERE, Postal: SLU, 901 87 Umeå, Sweden, http://www.cere.se

No 2014:14, CERE Working Papers from CERE - the Center for Environmental and Resource Economics

Abstract: Many countries are facing a dilemma over whether to extend the lives of their old reactors or make costly capital investments on Renewable Energy (RE). This paper explores the determinants of Willingness-To-Pay (WTP) for RE in France by means of a contingent valuation question that was included in a large web survey organized by the OECD. The main contribution of our paper is to test whether people living close to a reactor are sensitive to the age of the reactor. We find that the age of the reactor has a positive effect on WTP for RE.

Keywords: Contingent valuation; nuclear power plant; renewable energy (search for similar items in EconPapers)
JEL-codes: C82 I10 Q21 (search for similar items in EconPapers)
Pages: 19 pages
Date: 2014-10-13
New Economics Papers: this item is included in nep-ene, nep-env and nep-reg
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Citations: View citations in EconPapers (1)

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Journal Article: Determinants of willingness-to-pay for renewable energy: does the age of nuclear power plant reactors matter? (2015)
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