How projected electricity price and personal values influence support for a 50% renewable energy target in Australia

Keri L. Phillips, Donald W. Hine and Wendy J. Phillips

Energy Policy, 2019, vol. 129, issue C, 853-860

Abstract: This study investigated how projected electricity prices and personal values influence public support for a 50% renewable energy target (RET) in Australia. In an online experiment, 404 participants rated their support for a 50% RET across eight projected increases in their quarterly power bills. Multi-level modelling indicated that: (1) support for the 50% RET fell as the projected price of electricity increased, (2) although participants with low self-enhancement values and high self-transcendent values were most supportive of the 50% RET, these value-based differences disappeared as projected electricity prices increased. Implications of these findings for energy policy design are discussed.

Keywords: Renewable energy; Personal values; Multilevel modelling; Energy policy; Policy acceptability; Electricity price (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:129:y:2019:i:c:p:853-860

DOI: 10.1016/j.enpol.2019.02.064

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