Willingness to pay for renewable energy: Evidence from a contingent valuation survey in Kenya

2011 ◽  
Vol 15 (6) ◽  
pp. 2974-2983 ◽  
Author(s):  
Sabah Abdullah ◽  
P. Wilner Jeanty
Keyword(s):  
Renewable Energy ◽  
Willingness To Pay ◽  
Contingent Valuation ◽  
Contingent Valuation Survey

scholarly journals Willingness to Pay Price Premium for Smartphones Produced Using Renewable Energy

2019 ◽  
Vol 11 (6) ◽  
pp. 1566 ◽  
Author(s):  
Ju-Hee Kim ◽  
Hyo-Jin Kim ◽  
Seung-Hoon Yoo
Keyword(s):  
Renewable Energy ◽  
Willingness To Pay ◽  
Fossil Fuels ◽  
Price Premium ◽  
Fukushima Accident ◽  
Safety Issues ◽  
South Korean ◽  
Spike Model ◽  
Contingent Valuation Survey ◽  
The Cost

Due to air pollution and greenhouse gases issues associated with the use of fossil fuels and nuclear safety issues after the Fukushima accident, consumers are increasingly in favor of commodities produced using electricity generated from relatively expensive renewable energy (RE) rather than cheap fossil fuels or nuclear energy. This is usually called ‘RE100’. The objective of this study is to examine South Korean consumers’ willingness to pay (WTP) price premium for a RE100 commodity using the specific case of smartphones. We accomplished the purpose by conducting a contingent valuation survey of 1000 individuals in August 2018 and analyzing the data gathered from the survey. In addition, the spike model was applied to dealing with the zero WTP responses. Based on the analysis results, an average price premium was statistically significantly estimated to be KRW 11,699 (USD 10.5) for all respondents. This is worth 1.6% of the price for a conventional non-RE100 smartphone (KRW 750,000 or USD 673.9) and is higher than the cost increase (0.97%) when producing RE100 smartphones. Therefore, it can be seen that South Korean consumers have sufficient acceptance for RE100 smartphones.

What determines urban households’ willingness to pay for CO2 emission reductions in Turkey: A contingent valuation survey

Energy Policy ◽  
2011 ◽  
Vol 39 (2) ◽  
pp. 689-698 ◽  
Author(s):  
Fikret Adaman ◽  
Nihan Karalı ◽  
Gürkan Kumbaroğlu ◽  
İlhan Or ◽  
Begüm Özkaynak ◽  
...  
Keyword(s):  
Willingness To Pay ◽  
Contingent Valuation ◽  
Co2 Emission ◽  
Emission Reductions ◽  
Urban Households ◽  
Contingent Valuation Survey

Age, health, and the willingness to pay for mortality risk reductions: a contingent valuation survey of Shizuoka, Japan, residents

2007 ◽  
Vol 8 (3) ◽  
pp. 211-237 ◽  
Author(s):  
Kenshi Itaoka ◽  
Alan Krupnick ◽  
Makoto Akai ◽  
Anna Alberini ◽  
Maureen Cropper ◽  
...  
Keyword(s):  
Willingness To Pay ◽  
Contingent Valuation ◽  
Mortality Risk ◽  
Contingent Valuation Survey

Eliciting several willingness to pay in a single contingent valuation survey: application to health care

2002 ◽  
Vol 12 (1) ◽  
pp. 51-64 ◽  
Author(s):  
Stéphane Luchini ◽  
Christel Protière ◽  
Jean-Paul Moatti
Keyword(s):  
Health Care ◽  
Willingness To Pay ◽  
Contingent Valuation ◽  
Contingent Valuation Survey
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