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

Revue d'économie politique, 2015, vol. 125, issue 2, 299-315

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)
Date: 2015
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Working Paper: Determinants of willingness-to-pay for renewable energy: does the age of nuclear power plant reactors matter? (2014)
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