32 research outputs found
Introduction of large-scale biofuel production in a district heating system – an opportunity for reduction of global greenhouse gas emissions
Profitability and off-site CO2-emission reduction from energy savings in the pulp and paper industry in different future energy markets
The regional heterogeneity of wind power deployment: an empirical investigation of land-use policies in Germany and Sweden
The role of policy instruments in supporting the development of mineral wool insulation in Germany, Sweden and the United Kingdom
Does it Matter When a Power Outage Occurs? - A Choice Experiment Study on the Willingness to Pay to Avoid Power Outages
Using a choice experiment survey, the marginal willingness to pay (WTP) among Swedish households for
reductions in power outages is estimated. The results from the random parameter logit estimation indicate
that the marginal WTP increases with the duration of the outages, and is higher if the outages occur
during weekends and during winter months. The random parameter logit model allows us to estimate a
sample distribution of WTP. We find a significant unobserved heterogeneity in some of the outage
attributes but not all. Furthermore we show that the sample distribution of WTP does not to any large
extent suffer from the problem of reverse sign of the WTP. Therefore, choosing an unconstrained normal
distribution might not be as problematic as one would think. Given that households have negative welfare
effects from outages, which differ in timing and duration, and are rarely compensated for them, it is
important that policy makers consider these negative impacts on households utility when regulating the
electricity market