This paper investigates the willingness to pay of a sample of residents of Bath, England, for a hypothetical program that promotes the production of renewable energy. Using choice experiments, we assess the preferences of respondents for a policy for the promotion of renewable energy that (i)...

Some studies of renewable portfolio standards find that regulations increase generation costs; others find that reduced demand for nonrenewable energy sources lowers natural gas prices and that electricity prices follow. This paper presents reasoning for why these predictions can vary in the...

Lighting is one of the determinants of quality of life. In most developing countries, households spend a considerable part of their cash income on modern fuels to meet their lighting needs. The average amount of fuel consumed for lighting is much higher in villages without electricity than in...

The planning and appraisal of sustainable energy projects involve rather complex tasks. This is due to the fact that the decision making process is the closing link in the process of analysing and handling different types of information: environmental, technical economic and social. Such...

Wind energy is currently one the most important energy sources in the production of electricity. In this study, we use the CVM to elicit the monetary value attached to wind power’s environmental impacts from three different groups of individuals: local residents, residents in a nearby town,...

The German energy transition makes it necessary to increase flexibility in the electricity system. Different forms of power storage may play a part in this, yet there is competition with other options on the production or demand side. In the short term, the further expansion of electricity...

The German energy transition makes it necessary to increase flexibility in the electricity system. Different forms of power storage may play a part in this, yet there is competition with other options on the production or demand side. In the short term, the further expansion of electricity...

The increasing importance of renewable energy, especially solar and wind power, has led to new forces in the formation of electricity prices. Hence, this paper introduces an econometric model for the hourly time series of electricity prices of the European Power Exchange (EPEX) which...

In contrast to conventional hydrothermal systems or enhanced geothermal systems, CO2 Plume Geothermal (CPG) systems generate electricity by using CO2 that has been geothermally heated due to sequestration in a sedimentary basin. Four CPG and two brine-based geothermal systems are modeled to...