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Machen Genossenschaften Ökostrom wertvoller?

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  • Müller, Jakob R.
  • Sagebiel, Julian

Abstract

The reasons why energy cooperatives have been recently established especially in green electricity markets in Germany have not yet been fully understood. Grounded in transaction cost economics, we develop hypotheses that explain the benefits of cooperative governance in green electricity transactions. We test our hypothesis with a discrete choice experiment and calculate willingness to pay values for governance of green and conventional electricity providers. Our results indicate that cooperative governance such as participation rights or democratic organization raises utility for customers when the share of green electricity is increasing.

Suggested Citation

  • Müller, Jakob R. & Sagebiel, Julian, 2015. "Machen Genossenschaften Ökostrom wertvoller?," ZögU - Zeitschrift für öffentliche und gemeinwirtschaftliche Unternehmen, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 38(2-3), pages 226-237.
    • Handle: RePEc:nms:zoegun:10.5771/0344-9777-2015-2-3-226
    DOI: 10.5771/0344-9777-2015-2-3-226
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    Cited by:

    1. Knoefel, Jan & Sagebiel, Julian & Yildiz, Özgür & Müller, Jakob R. & Rommel, Jens, 2018. "A consumer perspective on corporate governance in the energy transition: Evidence from a Discrete Choice Experiment in Germany," Energy Economics, Elsevier, vol. 75(C), pages 440-448.
    2. Rommel, Jens & Sagebiel, Julian & Müller, Jakob R., 2016. "Quality uncertainty and the market for renewable energy: Evidence from German consumers," Renewable Energy, Elsevier, vol. 94(C), pages 106-113.

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