Determinants of willingness-to-pay for renewable energy: does the age of nuclear power plant reactors matter?

Abstract

Many countries are facing a dilemma over whether to extend the lives of their old reactors or make costly capital investments on Renewable Energy (RE). This paper explores the determinants of Willingness-To-Pay (WTP) for RE in France by means of a contingent valuation question that was included in a large web survey organized by the OECD. The main contribution of our paper is to test whether people living close to a reactor are sensitive to the age of the reactor. We find that the age of the reactor has a positive effect on WTP for RE.

Published in

Revue d Economie Politique
2015, volume: 125, number: 2, pages: 299-315

SLU Authors

• Kriström, Bengt

  • Department of Forest Economics, Swedish University of Agricultural Sciences
    

Global goals (SDG)

SDG7 Affordable and clean energy

UKÄ Subject classification

Economics

Publication identifier

• DOI: https://doi.org/10.3917/redp.252.0299

Permanent link to this page (URI)

https://res.slu.se/id/publ/53343