Germany’s Energiewende: A tale of increasing costs and decreasing willingness-to-pay
dc.contributor.author | Andor, Mark A. | |
dc.contributor.author | Frondel, Manuel | |
dc.contributor.author | Vance, Colin | |
dc.date.accessioned | 2016-06-28T14:48:24Z | |
dc.date.available | 2016-06-28T14:48:24Z | |
dc.date.issued | 2016 | |
dc.description.abstract | This paper presents evidence that the accumulating costs of Germany’s ambitious plan to transform its system of energy provision – the so-called Energiewende – are butting up against consumers’ decreased willingness-to-pay (WTP) for it. Following a descriptive presentation that traces the German promotion of renewable energy technologies since 2000, we draw on two stated-preference surveys conducted in 2013 and 2015 that elicit the households’ WTP for green electricity. To deal with the bias that typifies hypothetical responses, a switching regression model is estimated that distinguishes respondents according to whether they express definite certainty in their reported WTP. Our results reveal a strong contrast between the households’ general acceptance of supporting renewable energy technologies and their own WTP for green electricity. | en |
dc.identifier.uri | http://hdl.handle.net/2003/35123 | |
dc.identifier.uri | http://dx.doi.org/10.17877/DE290R-17170 | |
dc.language.iso | en | de |
dc.relation.ispartofseries | Discussion Paper / SFB823;31, 2016 | en |
dc.subject | willingness-to-pay | en |
dc.subject | consequential script | en |
dc.subject | cheap talk | en |
dc.subject.ddc | 310 | |
dc.subject.ddc | 330 | |
dc.subject.ddc | 620 | |
dc.title | Germany’s Energiewende: A tale of increasing costs and decreasing willingness-to-pay | en |
dc.type | Text | de |
dc.type.publicationtype | workingPaper | de |
dcterms.accessRights | open access |
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