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Valuing a Wind Farm Construction A contingent valuation study对风电场建设的一个有价值的评估研究
16th Annual EAERE Conference June 25-28, Gothenburg, Sweeden Valuing a Wind Farm Construction: A contingent valuation study in Greece Phoebe Koundouri, Yiannis Kountouris and Kyriaki Remoundou Introduction The aim of the study is to elicit individual’s preferences towards renewable power generation and their Willingness to Pay for the construction of a wind farm in the area of Messanagros in the island of Rhodes, Greece . Motivation Climate change is currently considered to be among the most serious threats to the natural environment and human health with potentially devastating worldwide economic costs (Stern Review, 2006) The vital role of energy from Renewable Sources (RES) in mitigation of greenhouse gas emissions is highly acknowledged, since under EU legislation all member states have implemented national policies to increase the proportion of renewable energy in their total energy mix. Greece was one of the first European countries to exploit renewable energy sources and especially wind power in the early eighties. The potential of developing infrastructure for energy production from wind and solar power in Greece is extremely high. However, although the public generally expresses a positive attitude towards wind power, the experience often shows that specific wind power projects face resistance from the local population (Not In My BackYard behaviour) Previous Research Several studies have been conducted over recent years using different valuation techniques to explore individual preferences for renewable power generation reporting positive WTP for green energy premia. In summary, WTP is higher among respondents with high incomes among younger people , those who are more liberal, do not rent their home, are women, do not have children and are highly educated. Wiser (2007) suggests that elicited WTP for renewable energy is higher under a collective payment method than under a voluntary one . findings suggest that the location of the renewab
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