IDEAS home Printed from https://ideas.repec.org/a/cup/agrerw/v48y2019i01p44-70_00.html
   My bibliography  Save this article

Willingness to Pay for Wind versus Natural Gas Generation of Electricity

Author

Listed:
  • Nkansah, Kofi
  • Collins, Alan R

Abstract

In 2009, West Virginia enacted an Alternative and Renewable Portfolio Act (APRA) to broaden its energy use for electricity beyond coal. A choice experiment survey was conducted to assess West Virginians’ willingness to pay (WTP) for 10 percent of electricity generated from wind energy versus natural gas. Results showed that residential consumers preferred electricity generated from wind, with annual per-capita WTP averaging from $19.25 to $26.75. Given the subsequent repeal of the APRA in 2015, we propose implementation of a voluntary green pricing program as an alternative policy to increase the share of renewable energy in West Virginia's energy portfolio.

Suggested Citation

  • Nkansah, Kofi & Collins, Alan R, 2019. "Willingness to Pay for Wind versus Natural Gas Generation of Electricity," Agricultural and Resource Economics Review, Cambridge University Press, vol. 48(1), pages 44-70, April.
    • Handle: RePEc:cup:agrerw:v:48:y:2019:i:01:p:44-70_00
    as

    Download full text from publisher

    File URL: https://www.cambridge.org/core/product/identifier/S1068280517000405/type/journal_article
    File Function: link to article abstract page
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Artur Pawłowski & Paweł Rydzewski, 2023. "Challenges and Opportunities for the Energy Sector in the Face of Threats Such as Climate Change and the COVID-19 Pandemic—An International Perspective," Energies, MDPI, vol. 16(11), pages 1-21, May.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cup:agrerw:v:48:y:2019:i:01:p:44-70_00. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kirk Stebbing (email available below). General contact details of provider: https://www.cambridge.org/age .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.