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Modeling individual preferences for energy sources: the case of IV generation nuclear energy in Italy

Davide Contu, Elisabetta Strazzera and Susana Mourato ()

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: The planned re-introduction of nuclear energy in Italy was abandoned in the aftermath of the Fukushima nuclear accident. Twenty years earlier, soon after the Chernobyl accident, Italians had also voted against nuclear energy. However, a new nuclear energy technology, i.e. fourth generation, is under research and development. This paper investigates its social acceptance by means of a robust methodology, employing 1) choice experiments, 2) structural equation modeling and 3) information treatments within an online nation-wide survey. Results show a great deal of preference heterogeneity: the majority of the sampled respondents oppose new nuclear plants in Italy, with some not willing to accept any monetary compensation at all. However, another segment of respondents, more confident that fourth generation nuclear energy goals will be achieved, show a modest support towards the implementation of new nuclear projects. Additional variables were found to affect opposition.

Keywords: Fourth generation nuclear energy; Choice experiments; Fukushima; Italy (search for similar items in EconPapers)
JEL-codes: J01 R14 (search for similar items in EconPapers)
Date: 2016-04-19
New Economics Papers: this item is included in nep-ene
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (16)

Published in Ecological Economics, 19, April, 2016, 127, pp. 37-58. ISSN: 0921-8009

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