화학공학소재연구정보센터
Energy Policy, Vol.35, No.6, 3327-3334, 2007
Does willingness to pay for green energy differ by source?
We present the findings of a choice experiment designed to estimate consumer preferences and willingness-to-pay (WTP) for voluntary participation in green energy electricity programs. Our model estimates WTP for a generic "green energy" source and compares it to WTP for green energy from specific sources, including wind, solar, farm methane, and biomass. Our results show that there exists a positive WTP for green energy electricity. Further, individuals have a preference for solar over a generic green and wind. Biomass and farm methane are found to be the least preferred sources. (c) 2007 Elsevier Ltd. All rights reserved.