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来源类型Article (reviewed journal)
规范类型其他
Quality Uncertainty and the Market for Renewable Energy Evidence from German consumers
Rommel, Jens; Sagebiel, Julian; Müller, Jakob R.
发表日期2016
出版年2016
语种英语
摘要

Consumers can choose from a wide range of electricity supply contracts, including green power options. Electricity produced from renewable energy involves information asymmetries. With a sample of more than 2,000 German electricity consumers, we tested the proposition of a “lemon market” for renewable energy in a discrete choice experiment. Specifically, we found that, compared to investor-owned firms, additional willingness-to-pay for renewable energy is approximately double when offered by cooperatives or municipally-owned electricity utilities. Consumers who are experienced with switching suppliers have an additional willingness-to-pay of one Eurocent per kilowatt hour for cooperatives and two Eurocents for public enterprises. The results demonstrate that organizational transformation in dynamically-changing electricity markets is not only driven by political initiatives but also by consumers' choices on the market. Public policy may reduce information asymmetries by promoting government labeling of green energy products.

主题Evaluation and Assessment ; Climate and Energy ; Participation and Communication ; Products and Consumption ; Environmental Policy and Governance
URLhttps://www.ioew.de/en/publication-single/quality_uncertainty_and_the_market_for_renewable_energy
来源智库Institute for Ecological Economy Research (Germany)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/412359
推荐引用方式
GB/T 7714
Rommel, Jens,Sagebiel, Julian,Müller, Jakob R.. Quality Uncertainty and the Market for Renewable Energy Evidence from German consumers. 2016.
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