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Willingness to pay for E85 from corn, switchgrass, and wood residues

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  • Jensen, Kimberly L.
  • Clark, Christopher D.
  • English, Burton C.
  • Menard, R. Jamey
  • Skahan, Denise K.
  • Marra, Adrienne C.

Abstract

Willingness to pay (WTP) for E85 (automotive fuel blend of 85% ethanol and 15% gasoline) was estimated from a contingent choice exercise contained in a national survey of consumers. The choice exercise included E85 blends from three different feedstock sources (corn grain, switchgrass, and wood wastes) and an E10 blend (10% ethanol and 90% gasoline) with corn grain as the ethanol feedstock. Results from the study indicate willingness to pay a premium for E85 from switchgrass compared with E10 from corn. Concerns about land use for "food versus fuel" had a negative impact on WTP for E85 from corn grain, while greater concerns about fuel security relative to the environment had a positive impact.

Suggested Citation

  • Jensen, Kimberly L. & Clark, Christopher D. & English, Burton C. & Menard, R. Jamey & Skahan, Denise K. & Marra, Adrienne C., 2010. "Willingness to pay for E85 from corn, switchgrass, and wood residues," Energy Economics, Elsevier, vol. 32(6), pages 1253-1262, November.
  • Handle: RePEc:eee:eneeco:v:32:y:2010:i:6:p:1253-1262
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    References listed on IDEAS

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    Cited by:

    1. Kimberly Jensen & Christopher Clark & Burton English & Dustin Toliver, 2012. "Effects of Demographics and Attitudes on Willingness-to-Pay for Fuel Import Reductions through Ethanol Purchases," Agriculture, MDPI, Open Access Journal, vol. 2(3), pages 1-17, July.
    2. Lilibeth A. Acosta & Damasa B. Magcale-Macandog & K. S. Kavi Kumar & Xuefeng Cui & Elena A. Eugenio & Paula Beatrice M. Macandog & Arnold R. Salvacion & Jemimah Mae A. Eugenio, 2016. "The Role of Bioenergy in Enhancing Energy, Food and Ecosystem Sustainability Based on Societal Perceptions and Preferences in Asia," Agriculture, MDPI, Open Access Journal, vol. 6(2), pages 1-26, April.
    3. Krah, Kwabena & Petrolia, Daniel & Coble, Keith & Williams, Angelica & Harri, Ardian, 2015. "Producer Preferences for Contracts on a Risky Bioenergy Crop," 2015 Annual Meeting, January 31-February 3, 2015, Atlanta, Georgia 196994, Southern Agricultural Economics Association.
    4. repec:eee:forpol:v:83:y:2017:i:c:p:99-106 is not listed on IDEAS
    5. Li, Tongzhe & McCluskey, Jill J., 2017. "Consumer preferences for second-generation bioethanol," Energy Economics, Elsevier, vol. 61(C), pages 1-7.
    6. Lim, Seul-Ye & Kim, Hyo-Jin & Yoo, Seung-Hoon, 2017. "Public's willingness to pay a premium for bioethanol in Korea: A contingent valuation study," Energy Policy, Elsevier, vol. 101(C), pages 20-27.
    7. Liu, Beibei & Wang, Feng & Yunze, Wu & Jun, Bi & Maoliang, Bu & Gao, Juan, 2012. "Life cycle implication of the potential commercialization of stover-based E85 in China," Energy Policy, Elsevier, vol. 43(C), pages 371-380.
    8. Liao, Kenneth & Pouliot, Sébastien, 2016. "Estimates of the Demand for E85 Using Stated-Preference Data off Revealed-Preference Choices," 2016 Annual Meeting, July 31-August 2, 2016, Boston, Massachusetts 236107, Agricultural and Applied Economics Association.
    9. repec:gam:jagris:v:6:y:2016:i:2:p:19:d:68894 is not listed on IDEAS
    10. Menegaki, Angeliki, N. & Olsen, Søren Bøye & Tsagarakis, Konstantinos P., 2016. "Towards a common standard – A reporting checklist for web-based stated preference valuation surveys and a critique for mode surveys," Journal of choice modelling, Elsevier, vol. 18(C), pages 18-50.
    11. Winden, Matthew & Cruze, Nathan & Haab, Tim & Bakshi, Bhavik, 2015. "Monetized value of the environmental, health and resource externalities of soy biodiesel," Energy Economics, Elsevier, vol. 47(C), pages 18-24.
    12. Aguilar, Francisco X. & Cai, Zhen & Mohebalian, Phillip & Thompson, Wyatt, 2015. "Exploring the drivers' side of the “blend wall”: U.S. consumer preferences for ethanol blend fuels," Energy Economics, Elsevier, vol. 49(C), pages 217-226.
    13. Van Dael, Miet & Lizin, Sebastien & Swinnen, Gilbert & Van Passel, Steven, 2017. "Young people’s acceptance of bioenergy and the influence of attitude strength on information provision," Renewable Energy, Elsevier, vol. 107(C), pages 417-430.
    14. Whistance, Jarrett & Thompson, Wyatt & Meyer, Seth, 2017. "Interactions between California's Low Carbon Fuel Standard and the National Renewable Fuel Standard," Energy Policy, Elsevier, vol. 101(C), pages 447-455.
    15. Alló, Maria & Loureiro, Maria L., 2014. "The role of social norms on preferences towards climate change policies: A meta-analysis," Energy Policy, Elsevier, vol. 73(C), pages 563-574.
    16. Kenneth Liao & Sebastien Pouliot & Bruce A. Babcock, 2016. "Estimating Willingness to Pay for E85 in the United States," Center for Agricultural and Rural Development (CARD) Publications 16-wp562, Center for Agricultural and Rural Development (CARD) at Iowa State University.

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