Nexus between willingness to pay for renewable energy sources: Evidence from Turkey

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Küçük Resim

Tarih

2020

Dergi Başlığı

Dergi ISSN

Cilt Başlığı

Yayıncı

Springer

Erişim Hakkı

info:eu-repo/semantics/openAccess

Araştırma projeleri

Organizasyon Birimleri

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Özet

The willingness to pay (WTP) plays a central role in directing appropriate policy regarding ambitious renewable energy targets. Based on this discrepancy, this study intends to investigate the willingness to pay (WTP) for Turkish citizens regarding green electricity by using a one-way analysis of variance (one-way ANOVA). The interviews were conducted comprising 2500 households in 12 major metropolitan cities of Turkey, which is based on the contingent valuation method and consists of 26 questions. The results indicate that for a 20% share of renewable energy, middle-income groups are willing to pay higher than lower and upper-income groups. Moreover, highly environmentally conscious people tend to pay more for a 20% share of green energy. On the other hand, high-income groups and old age groups indicated a positive and high willingness to pay for a 30% share of renewable energy (RE) sources. In addition, primary school and undergraduate educational groups recorded highly significant results for willingness to pay. The results also indicate that Turkish citizens are willing to pay 9.25 Turkish liras (TL) per month for a 20% share and 4.77 Turkish liras per month for a 30% share of renewable energy in total energy production.

Açıklama

Anahtar Kelimeler

Renewable Energy, Willingness to Pay, CV Method, One-way ANOVA, Turkey

Kaynak

Environmental Science and Pollution Research

WoS Q Değeri

Q1

Scopus Q Değeri

Q1

Cilt

27

Sayı

29

Künye

Muhammad, I., Shabbir, M.S., Saleem, S., Bilal, K. ve Ulucak, R. (2020). Nexus between willingness to pay for renewable energy sources: Evidence from Turkey. Environmental Science and Pollution Research 27(29), 36242–36253.