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The Economic Valuation of Green Electricity

  • Simona Bigerna
  • Paolo Polinori

Part of the SpringerBriefs in Environmental Science book series (BRIEFSENVIRONMENTAL)

About this book

Introduction

The aim of this book is to analyze the relationship between renewable energy sources and citizens, focusing both on demand and supply. Today, the consequences regarding the use of fossil energy are seen from a different perspective because the issues related to climate change are evident worldwide. Thus, climate change and resource depletion are real problems to be addressed for the welfare of society. Renewable energy sources (RES) are essential to reduce polluting emissions, but they can produce a range of environmental effects which might be detrimental to human activities as attested by the several types of the Nimby effect (“Not In My Back Yard”). This is because infrastructure siting usually offers different pros and cons to stakeholders and the local populations affected. Nevertheless empirical evidence shows that in many countries, society is willing to pay a significant amount to facilitate adoption of renewable technologies. With RES, citizens are called on to play a dual role – not only that of end consumers but often also stakeholders in the local production process. In this book we try to deal with this dual role played by the citizens to evaluate the actual public acceptance of RES. We address a specific and important area of the economic analysis: willingness to pay (WTP) and willingness to accept (WTA). The research evaluates the attitude of citizens towards the end use of green energy by investigating the likelihood of acceptance of a new infrastructures related to RES production. The book, therefore, is not about how to reconcile consumers and citizens, rather it explores the main determinants of  peoples'  behavior for a better understanding of this phenomenon.​ 

Keywords

Public attitudes Renewable energy Climate change Energy demands Uncertainty Contingent valuation

Authors and affiliations

  • Simona Bigerna
    • 1
  • Paolo Polinori
    • 2
  1. 1.Università di PerugiaPerugiaItaly
  2. 2.Università di PerugiaPerugiaItaly

Bibliographic information

  • DOI https://doi.org/10.1007/978-94-024-1574-2
  • Copyright Information The Author(s), under exclusive licence to Springer Nature B.V. 2019
  • Publisher Name Springer, Dordrecht
  • eBook Packages Earth and Environmental Science
  • Print ISBN 978-94-024-1572-8
  • Online ISBN 978-94-024-1574-2
  • Series Print ISSN 2191-5547
  • Series Online ISSN 2191-5555
  • Buy this book on publisher's site