Public preferences for alternative electricity mixes in post-Fukushima Japan.

Rehdanz, Katrin, Schröder, Carsten, Narita, Daiju and Okubo, Toshihiro (2017) Public preferences for alternative electricity mixes in post-Fukushima Japan. Energy Economics, 65 . pp. 262-270. DOI 10.1016/j.eneco.2017.04.026.

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Using representative household survey data from Japan after the Fukushima accident, we estimate peoples' willingness-to-pay (WTP) for renewable, nuclear, and fossil fuels in electricity generation. We rely on random parameter econometric techniques to capture various degrees of heterogeneity between the respondents, and use detailed regional information to assess how WTP varies with the distance to both the nearest nuclear power plant and to Fukushima. Compared to fossil fuels, we find a positive WTP for renewable and a negative WTP for nuclear fuels. These effects, in absolute terms, increase with the proximity to Fukushima.

Document Type: Article
Keywords: Electricity mixWillingness-to-payPreference heterogeneityRenewablesSpatial heterogeneityFukushimaNuclear power
Research affiliation: Kiel University > Kiel Marine Science
OceanRep > The Future Ocean - Cluster of Excellence
Kiel University
Refereed: Yes
Open Access Journal?: Yes
DOI etc.: 10.1016/j.eneco.2017.04.026
ISSN: 0140-9883
Date Deposited: 10 Jan 2018 15:00
Last Modified: 13 May 2019 09:42

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