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Modern View
MAO, XIANQIANG
(2)
answer(s).
Srl
Item
1
ID:
058058
Improving air quality in large cities by substituting natural g
/ Mao, Xianqiang; Guo, Xiurui; Chang, Yongguan; Peng, Yingdeng
Feb 2005
Mao, Xianqiang
Journal Article
0 Rating(s) & 0 Review(s)
Publication
Feb 2005.
Key Words
Energy
;
Natural Gas
;
China
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2
ID:
133180
Willingness to pay for renewable electricity: a contingent valuation study in Beijing, China
/ Guo, Xiurui; Liu, Haifeng; Mao, Xianqiang; Jin, Jianjun
Mao, Xianqiang
Journal Article
0 Rating(s) & 0 Review(s)
Publication
2014.
Summary/Abstract
In China, renewable/green electricity, which can provide significant environmental benefits in addition to meeting energy demand, has more non-use value than use-value for electricity consumers, because its users have no way to actually own this use-value. To assess the value of renewable electricity and obtain information on consumer preferences, this study estimated the willingness to pay (WTP) of Beijing residents for renewable electricity by employing the contingent valuation method (CVM) and identified the factors which affect their WTP. The survey randomly selected 700 participants, of which 571 questionnaires were valid. Half of respondents were found to have positive WTP for renewable electricity. The average WTP of Beijing residents for renewable electricity is estimated to be 2.7-3.3 US$ (18.5-22.5CNY) per month. The main factors affecting the WTP of the respondents included income, electricity consumption, bid and payment vehicle. Knowledge of and a positive attitude towards renewable energy also resulted in the relatively higher willingness of a respondent to pay for renewable electricity. The proportion of respondents replying "yes" to WTP questions using a mandatory payment vehicle was slightly higher than that for questions using a voluntary vehicle. Lastly, several policy implications of this study are presented.
Key Words
China
;
Renewable Electricity
;
Beijing
;
Electricity Consumption
;
Willingness to Pay
;
Contingent Valuation Method
;
WTP
;
CVM
;
Payment Vehicle
;
Chen, Dongsheng
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