2013
DOI: 10.1016/j.biombioe.2012.11.028
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Renewable enterprises on UK farms: Assessing levels of uptake, motivations and constraints to widespread adoption

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Cited by 24 publications
(24 citation statements)
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“…Although some studies show that some adopters hope to generate economic revenues (sometimes related to the availability of economic policy incentives) (cf. Balcombe et al, 2014;Mbzibain et al, 2013;Palm and Tengvard, 2011;Schelly, 2014), most of them are motivated by the longterm possibilities to reduce their energy bills or avoid other costs (Balcombe et al, 2014;Caird et al, 2008;Fischer, 2008;Mbzibain et al, 2013;Nygrén et al, 2015;Warren, 2010;Vasseur and Kemp, 2015). This is in some cases related to expectations of increasing price levels rather than to current investment profitability.…”
Section: Instrumental Motivesmentioning
confidence: 99%
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“…Although some studies show that some adopters hope to generate economic revenues (sometimes related to the availability of economic policy incentives) (cf. Balcombe et al, 2014;Mbzibain et al, 2013;Palm and Tengvard, 2011;Schelly, 2014), most of them are motivated by the longterm possibilities to reduce their energy bills or avoid other costs (Balcombe et al, 2014;Caird et al, 2008;Fischer, 2008;Mbzibain et al, 2013;Nygrén et al, 2015;Warren, 2010;Vasseur and Kemp, 2015). This is in some cases related to expectations of increasing price levels rather than to current investment profitability.…”
Section: Instrumental Motivesmentioning
confidence: 99%
“…Moreover, even when more traditional return on investment motives are in place, the relative profitability of RETs in comparison with other energy sources seems to be less important than the opportunity for diversification they offer. For example, Mbzibain et al (2013) found that many farmers in the West Midland Region of the UK adopted RETs to diversify farm incomes and take advantage of market opportunities and Tate et al (2012) showed that these farmers actually perceived RE production as a better business than their current agricultural business. In such cases, RET investments are, thus, compared with alternative investments in other sectors than energy.…”
Section: Instrumental Motivesmentioning
confidence: 99%
“…The socio-demographic and socio-economic characteristics of the participants in the three policy scenarios are summarized in Table 3. 2 We do not rank the participants with regard to their business success and do not pay money to the first ranked farmers as is often done in stock exchange simulation games [52]. Paying the best could lead to risk seeking behavior.…”
Section: Description Of the Samplementioning
confidence: 99%
“…The three randomly drawn winners receive the share of the maximum monetary gain that corresponds to their financial success. 2 The fourth cash prize depends on the decisions in the Holtand-Laury lottery. For the determination of the cash prize, one participant is randomly drawn by a lottery and will have the chance to win between V 10 and V 385 e depending on his risk attitude e in a Holt-and-Laury lottery carried out solely for that participant.…”
Section: Incentives For Well-conceived Decisionsmentioning
confidence: 99%
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