Estimating willingness to pay for renewable energy in South Korea using the contingent valuation method

Lee, Chul-Yong; Heo, Hyejin

doi:10.1016/j.enpol.2016.03.051

Cited by 107 publications

(43 citation statements)

References 32 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The paper concluded that there is a need to pay more attention to the role of public perception and awareness in the successes and failures of renewable energy policy. The estimation of the willingness to pay for renewable energy differs from region to region [18][19][20]. Bauwens confirms that the activation of social norms can be a promising mechanism to activate investment in renewable energy [21].…”

Section: Introductionmentioning

confidence: 80%

The Social Perspective on the Renewable Energy Autonomy of Geographically Isolated Communities: Evidence from a Mediterranean Island

Petrakopoulou

2017

Sustainability

View full text Add to dashboard Cite

Abstract:The use of renewable energy sources can provide a path toward sustainable development and regional energy independence. In particular, renewable-based energy autonomy constitutes a viable option in remote areas. This work presents a survey on the use of renewable energy as part of an energy autonomy plan on a Mediterranean island. The study also included personal communications with residents and local community leaders. The results show an overall positive attitude toward renewable energy applications. The majority of the respondents support the implementation of renewable-based, small-scale projects corresponding to local energy autonomy scenarios. They are, furthermore, convinced that a wider use of renewable technologies can reduce the environmental impact of conventional fuels. However, although people are aware of technologies widely used on the island, they are much less so when it comes to less prominent technologies (wave energy, fuel cells, etc.). People tend to be more open to installations of solar, wind and geothermal energy, while generally they dislike nuclear and coal power plants. Lastly, the majority of the respondents believe that local policies on energy issues should change, while they also perceive the lack of political will as one of the most important obstacles to the implementation of renewable technologies.

show abstract

Section: Introductionmentioning

confidence: 80%

The Social Perspective on the Renewable Energy Autonomy of Geographically Isolated Communities: Evidence from a Mediterranean Island

Petrakopoulou

2017

Sustainability

View full text Add to dashboard Cite

show abstract

“…Several previous studies have also used this method (Zografakis et al, 2010;Lee & Heo, 2016). CVM is a stated preference method through which respondents' maximum WTP or minimum willingness to accept a bid in exchange for a corresponding increase or decrease in environmental quality is assessed.…”

Section: Discussionmentioning

confidence: 99%

Evidence for Mangrove Restoration in the Mahakam Delta, Indonesia, Based on Households’ Willingness to Pay

Susilo¹,

Takahashi²,

Yabe³

2017

JAS

View full text Add to dashboard Cite

Mangroves provide multiple benefits for local communities' livelihoods. However, in the Mahakam delta mangroves have declined considerably. This study examines the factors affecting households' willingness to pay (WTP) for mangrove restoration in three villages in the Mahakam delta and determines whether a mangrove restoration project would be viable and should be implemented in the study area or not. The contingent valuation method was applied through a double-bound dichotomous choice format to estimate the WTP for mangrove restoration. The results showed that over 80% of perception of respondents considered the benefits of mangroves were essential that associated with their livelihoods. Local residents tended to be willing to pay more for mangrove restoration when they acknowledged the benefits of mangroves and when they felt that the sustainability of mangrove ecosystems was their responsibility. The benefits transfer method was also used to estimate the costs and benefits of an ongoing mangrove restoration project in the study area. The benefits provided by mangroves, as estimated based on households' WTP, clearly outweighed the costs for the mangrove restoration project. We conclude that mangrove restoration should be implemented in the study area by increasing local communities' awareness and responsibility to protect and manage the mangrove a sustainable.

show abstract

“…As Lyapunov Optimization is principally used for resource allocation problems in domains such as computer networking [29], its use must be modified for the problem ARA is seeking to address. This is principally because there are a number of differentiating attributes of an economic market in participatory sensing.…”

Section: Lyapunov Optimizationmentioning

confidence: 99%

Adaptive Reward Allocation for Participatory Sensing

Connolly

Dusparić

Iosifidis

et al. 2018

Wireless Communications and Mobile Computing

View full text Add to dashboard Cite

Participatory sensing is a paradigm through which mobile device users (or participants) collect and share data about their environments. The data captured by participants is typically submitted to an intermediary (the service provider) who will build a service based upon this data. For a participatory sensing system to attract the data submissions it requires, its users often need to be incentivized. However, as an environment is constantly changing (for example, an accident causing a buildup of traffic and elevated pollution levels), the value of a given data item to the service provider is likely to change significantly over time, and therefore an incentivization scheme must be able to adapt the rewards it offers in real-time to match the environmental conditions and current participation rates, thereby optimizing the consumption of the service provider's budget. This paper presents adaptive reward allocation (ARA), which uses the Lyapunov Optimization method to provide adaptive reward allocation that optimizes the consumption of the service provider's budget. ARA is evaluated using a simulated participatory sensing environment with experimental results showing that the rewards offered to participants are adjusted so as to ensure that the data captured matches the dynamic changes occurring in the sensing environment and takes the response rate into account while also seeking to optimize budget consumption.

show abstract

Estimating willingness to pay for renewable energy in South Korea using the contingent valuation method

Cited by 107 publications

References 32 publications

The Social Perspective on the Renewable Energy Autonomy of Geographically Isolated Communities: Evidence from a Mediterranean Island

The Social Perspective on the Renewable Energy Autonomy of Geographically Isolated Communities: Evidence from a Mediterranean Island

Evidence for Mangrove Restoration in the Mahakam Delta, Indonesia, Based on Households’ Willingness to Pay

Adaptive Reward Allocation for Participatory Sensing

Contact Info

Product

Resources

About